THOR Industries (THO) to Release Quarterly Earnings on Tuesday

THOR Industries (NYSE:THO) will release its earnings data before the market opens on Tuesday, September 24th. Analysts expect THOR Industries to post earnings of $1.35 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

THOR Industries Trading Down 0.5 %

NYSE THO opened at $101.75 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.65 and a debt-to-equity ratio of 0.30. The firm has a market cap of $5.41 billion, a PE ratio of 20.64 and a beta of 1.67. The company has a 50 day moving average price of $101.59 and a 200 day moving average price of $101.70. THOR Industries has a 52 week low of $84.54 and a 52 week high of $129.31.

THOR Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Wednesday, July 3rd were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $1.92 annualized dividend and a dividend yield of 1.89%. THOR Industries’s dividend payout ratio (DPR) is presently 38.95%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on THO. Citigroup dropped their target price on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Robert W. Baird decreased their target price on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 6th. Truist Financial reduced their price objective on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating for the company in a research report on Thursday, June 6th. Finally, Benchmark assumed coverage on shares of THOR Industries in a research report on Thursday, July 18th. They set a “hold” rating for the company. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $102.00.

THOR Industries Company Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.