Streetbeat News

THO

Thor Industries, Inc.

https://www.thorindustries.com

Industry

Auto - Recreational Vehicles

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. It also provides aluminum extrusion and specialized component products to RV and other manufacturers; and digital products and services for RVs. The company provides its products through independent and non-franchise dealers. The company was founded in 1980 and is based in Elkhart, Indiana.

Open

78.04

Mkt cap

4.3B

Volume

884K

High

80.88

P/E Ratio

21.38

52-wk high

118.85

Low

77.67

Div yield

0.02

52-wk low

75.78

U.S. stock futures are trading higher with focus on THOR Industries, Box, Campbell Soup, DexCom, and Abercrombie & Fitch due to earnings reports and strategic moves. THOR Industries is expected to report earnings, Box announced upbeat earnings and a stock repurchase program expansion, Campbell Soup is anticipated to release its earnings, DexCom reported FDA clearance of Stelo, and Abercrombie & Fitch is expected to report its earnings.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 7:28 am

Thor Industries (NYSE:THO) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $0.69. The company's past earnings performance shows mixed results with both misses and beats in previous quarters. Shares are currently trading at $127.12, reflecting a 43.6% increase over the last year. Investors are keenly awaiting the report, particularly for any positive guidance that could influence the stock's future direction.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 8:01 pm

THOR Industries, Inc. (NYSE:THO) is set to release its Q2 earnings on March 6, 2024, with expected earnings of 68 cents per share and projected revenue of $2.27 billion. The company recently appointed Jeffrey D. Lorenger to its board and Michele McDermott as CHRO. THOR offers a 1.49% annual dividend yield, equating to $1.92 per year. To earn $500 monthly from dividends, an investment of approximately $397,250 is required. THO shares fell 1.5% to close at $127.12.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 2:02 pm

Thor Industries (NYSE:THO) is set to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.69. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historically, Thor Industries has had mixed earnings performance, with the last quarter missing EPS estimates by $0.06 but resulting in a 2.49% share price increase the following day. Over the last 52 weeks, THO shares have risen by 44.39%, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm

Insiders at Costco, THOR Industries, Five Below, and Signet Jewelers have recently sold significant amounts of shares. Costco's Director sold 8,000 shares, THOR Industries' COO sold 6,666 shares, Five Below's Director sold 10,000 shares, and Signet Jewelers' CEO sold 10,000 shares. These sales come amidst various company-specific news such as Costco's new measures to curb unauthorized access, THOR Industries' sales decline, Five Below's Q4 guidance, and Signet Jewelers' Q3 sales decline.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 12:28 pm

Thor Industries (NYSE:THO) is distributing a dividend of $0.48 per share with an annualized yield of 1.74%. The dividend has grown from $1.62 to $1.86 per share from 2020 to 2023, and earnings per share have increased from $5.29 to $5.41 over the same period. This suggests a strong financial position and potential for sustained dividends. Ford Motor (NYSE:F) has the highest dividend yield in the industry at 5.07%.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 3:05 pm

Truist Securities analyst Michael Swartz has maintained a Hold rating on Thor Industries (NYSE:THO) and increased the price target from $96 to $105.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 7:30 pm

Thor Industries (NYSE:THO) has announced a quarterly dividend of 48 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning THO stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on January 11, 2024. The stock is expected to open 48 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 2:45 pm

BMO Capital analyst Tristan Thomas-Martin has maintained an Outperform rating on Thor Industries (NYSE:THO) and increased the price target from $115 to $120.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:12 pm

Thor Industries, Inc. (NYSE:THO) reported a 19.5% year-on-year decline in Q1 FY24 sales to $2.501 billion, missing estimates of $2.53 billion. North American Towable and Motorized RV sales dropped by 28.3% and 36.7% respectively, while European RV sales rose by 40.4%. EPS was 99 cents, below the expected $1.05. Gross profit margin fell to 14.3%. Despite the miss, Thor reiterated its FY24 sales outlook of $10.5 billion to $11 billion and EPS forecast of $6.25 to $7.25. THO shares rose by 6.66% to $109.99.

Portfolio Pulse from Nabaparna Bhattacharya

December 06, 2023 | 5:11 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.