Thor Industries (NYSE:THO) Announces Quarterly Earnings Results

Thor Industries (NYSE:THO) issued its earnings results on Tuesday. The RV manufacturer reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.10), FiscalAI reports. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period last year, the firm earned $2.36 earnings per share. The company’s revenue for the quarter was down 8.4% on a year-over-year basis.

Thor Industries Price Performance

Shares of THO stock opened at $74.53 on Wednesday. Thor Industries has a 1-year low of $67.31 and a 1-year high of $122.83. The stock’s 50-day moving average is $76.25 and its 200 day moving average is $77.18. The company has a market cap of $3.88 billion, a P/E ratio of 32.27, a PEG ratio of 1.54 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80.

Wall Street Analyst Weigh In

Several brokerages have recently commented on THO. Wall Street Zen lowered Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday. Argus upgraded shares of Thor Industries to a “hold” rating in a report on Friday, June 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Thor Industries in a research report on Monday, September 14th. Truist Financial reduced their price target on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating for the company in a report on Wednesday, July 8th. Finally, Citigroup dropped their price objective on shares of Thor Industries from $79.00 to $76.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 16th. Three analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $89.22.

More Thor Industries News

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Revenue totaled $2.31 billion, exceeding analysts’ expectations of approximately $2.17 billion. However, sales still declined 8.4% year over year. Thor Industries Shares Fall 2% as Q4 Earnings Miss Estimates Despite Revenue Beat
• Positive Sentiment: Thor repurchased $34.3 million of stock during the quarter and $115.1 million during fiscal 2026, while also reducing debt by $59.7 million. Its liquidity and balance sheet provide flexibility during the industry downturn. Thor Industries Fiscal 2026 Results
• Positive Sentiment: The European segment remained relatively resilient, with fiscal-year sales rising 3.1% on a constant-currency basis. Dealer inventory turns also improved sequentially, and inventory levels were described as healthy entering fiscal 2027. Challenging Headwinds Impact THOR Industries
• Positive Sentiment: Keystone RV reported its strongest retail performance at the Hershey RV Show since before the pandemic, offering a potentially encouraging demand signal for Thor’s brands. Keystone RV Breaks Multiple Sales Records
• Neutral Sentiment: Thor delayed providing a fiscal 2027 outlook, limiting visibility for investors while management assesses market conditions. THOR Industries Delays Fiscal 2027 Outlook
• Negative Sentiment: Quarterly EPS was $0.78, below consensus estimates ranging from $0.88 to $0.93 and down sharply from $2.36 a year earlier. Net income fell 67.5% to $40.8 million. Thor Industries Q4 Earnings Lag Estimates
• Negative Sentiment: Gross margin contracted to 12.4% from 14.7%, while full-year EPS declined 30.2% to $3.38. Management expects weak consumer demand and other economic headwinds to continue into fiscal 2027, particularly in North America. Thor Industries Faces More Fiscal 2027 Headwinds
• Negative Sentiment: Bank of America lowered its price target from $96 to $86, although it retained a Buy rating, reflecting reduced near-term expectations. BofA Lowers Thor Industries Price Target

About Thor Industries

Thor Industries, Inc is a manufacturer of recreational vehicles (RVs) and related products. The company produces towable RVs, including travel trailers and fifth-wheel trailers, as well as motorized RVs such as Class A, Class B and Class C motorhomes. Its portfolio includes well-known brands such as Airstream, Jayco, Entegra Coach, Keystone, Dutchmen, Tiffin and CrossRoads.

Thor also owns Erwin Hymer Group, a major European recreational-vehicle manufacturer whose brands include HYMER, Dethleffs, Bürstner, LMC, Carado and Sunlight.