DA Davidson Comments on THOR Industries, Inc.’s Q1 2025 Earnings (NYSE:THO)

THOR Industries, Inc. (NYSE:THO) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of THOR Industries in a research note issued to investors on Thursday, September 26th. DA Davidson analyst B. Rolle forecasts that the construction company will post earnings per share of $0.90 for the quarter. DA Davidson currently has a “Neutral” rating and a $95.00 target price on the stock. The consensus estimate for THOR Industries’ current full-year earnings is $5.21 per share. DA Davidson also issued estimates for THOR Industries’ FY2025 earnings at $5.00 EPS.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.33. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.47 billion. THOR Industries had a return on equity of 7.02% and a net margin of 2.64%. The company’s revenue was down 7.4% compared to the same quarter last year. During the same period last year, the company posted $1.68 EPS.

Several other equities research analysts have also weighed in on the company. Citigroup raised their price objective on THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, September 26th. Truist Financial raised their target price on THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Benchmark assumed coverage on THOR Industries in a research report on Thursday, July 18th. They issued a “hold” rating for the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 target price on shares of THOR Industries in a research report on Thursday, September 19th. Finally, Robert W. Baird decreased their target price on THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, June 6th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, THOR Industries currently has a consensus rating of “Hold” and a consensus target price of $110.80.

THOR Industries Stock Performance

THO opened at $109.89 on Monday. The firm has a market cap of $5.82 billion, a PE ratio of 22.29 and a beta of 1.67. The company has a quick ratio of 0.74, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The business has a fifty day simple moving average of $103.30 and a 200-day simple moving average of $101.40. THOR Industries has a fifty-two week low of $84.54 and a fifty-two week high of $129.31.

Institutional Trading of THOR Industries

A number of institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL boosted its position in THOR Industries by 2.5% during the first quarter. Gamco Investors INC. ET AL now owns 4,100 shares of the construction company’s stock valued at $481,000 after purchasing an additional 100 shares during the last quarter. Ontario Teachers Pension Plan Board raised its holdings in THOR Industries by 0.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 13,960 shares of the construction company’s stock valued at $1,638,000 after acquiring an additional 108 shares in the last quarter. Parallel Advisors LLC raised its holdings in THOR Industries by 70.8% in the 4th quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock valued at $35,000 after acquiring an additional 121 shares in the last quarter. Tortoise Investment Management LLC grew its stake in shares of THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock valued at $27,000 after purchasing an additional 124 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of THOR Industries by 2.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,714 shares of the construction company’s stock valued at $670,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

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.