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

109.83

Mkt cap

5.8B

Volume

585K

High

110.92

P/E Ratio

21.96

52-wk high

129.31

Low

107.77

Div yield

0.02

52-wk low

88.37

Thor Industries (NYSE:THO) is set to release its latest quarterly earnings report on Monday, 2023-09-25. Analysts estimate an earnings per share (EPS) of $0.95. Last quarter, the company beat EPS by $1.17, resulting in a 0.91% increase in the share price the next day. Shares of Thor Industries were trading at $95.32 as of September 21, with a 52-week increase of 39.23%.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 2:00 pm

Thor Industries, Inc. (NYSE:THO) is expected to report lower Q4 earnings for fiscal 2023, with analysts predicting earnings of 95 cents per share, down from $5.15 per share in the previous year. The company's revenue is also expected to decrease to $2.41 billion from $3.82 billion. THO shares fell 1.7% to close at $95.32 on Thursday. Several analysts have recently updated their price targets for the company, with ratings ranging from 'Hold' to 'Outperform'.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 6:44 am

Truist Securities analyst Michael Swartz has reiterated a 'Hold' rating on Thor Industries (NYSE:THO) and maintained a price target of $84.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 3:45 pm

Thor Industries (NYSE:THO) will reward its shareholders with a dividend payout of $0.45 per share, demonstrating an annualized dividend yield of 1.87%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022. Ford Motor (NYSE:F) has the highest annualized dividend yield at 4.28% among its industry peers.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

Thor Industries (NYSE:THO) has announced a quarterly dividend of 45 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 45 cents lower. Shareholders who own THO as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on July 21, 2023.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 2:45 pm

In the last quarter, 7 analysts provided ratings for Thor Industries (NYSE:THO) with 2 being somewhat bullish and 5 indifferent. The average price target is $90.86, implying a downside compared to the current price of $93.51. The average price target has increased by 5.13% from the previous average of $86.43.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 7:01 pm

Thor Industries shares are trading higher after multiple firms raised their price targets following better-than-expected Q3 results and an increase in FY23 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 3:35 pm

Thor Industries (NYSE:THO) reported a 363.96% increase in earnings to $119.73 million and a 24.8% increase in sales to $2.93 billion during Q3. The company posted a return on invested capital (ROIC) of 0.7%, indicating effective capital allocation. Thor Industries' Q3 earnings per share of $2.24 beat analyst predictions of $1.07.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:48 pm

Truist Securities analyst Michael Swartz maintains a Hold rating on Thor Industries (NYSE:THO) and raises the price target from $72 to $84.

Portfolio Pulse from richadhand@benzinga.com

June 07, 2023 | 12:53 pm

Thor Industries reported better-than-expected Q3 results with net sales of $2.93 billion and EPS of $2.24, beating consensus estimates. The company raised its FY23 earnings guidance, and analysts from Citigroup, Baird, and BMO Capital increased their price targets on the stock.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 12:27 pm

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