Zacks Research Expects Higher Earnings for Thor Industries

Thor Industries, Inc. (NYSE:THO) – Zacks Research upped their Q4 2027 earnings estimates for Thor Industries in a note issued to investors on Friday, October 9th. Zacks Research analyst Team now forecasts that the RV manufacturer will earn $1.33 per share for the quarter, up from their prior estimate of $1.13. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Thor Industries’ current full-year earnings is $4.12 per share. Zacks Research also issued estimates for Thor Industries’ Q2 2028 earnings at $1.25 EPS, Q4 2028 earnings at $1.43 EPS and FY2028 earnings at $5.43 EPS.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, September 22nd. The RV manufacturer reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.10). The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.17 billion. Thor Industries had a net margin of 1.85% and a return on equity of 3.76%. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.36 EPS.

Several other analysts also recently weighed in on THO. DA Davidson decreased their price target on shares of Thor Industries from $100.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, June 15th. Citigroup lowered their price target on Thor Industries from $79.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, September 16th. Wall Street Zen cut Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, September 19th. Bank of America reduced their price objective on Thor Industries from $96.00 to $86.00 and set a “buy” rating on the stock in a report on Monday, September 21st. Finally, Truist Financial raised their price objective on Thor Industries from $80.00 to $87.00 and gave the stock a “hold” rating in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $85.67.

Thor Industries Price Performance

Shares of THO stock opened at $63.91 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 0.85. The company has a market capitalization of $3.30 billion, a P/E ratio of 18.85, a P/E/G ratio of 0.87 and a beta of 1.43. The company’s 50-day simple moving average is $73.99 and its two-hundred day simple moving average is $75.80. Thor Industries has a one year low of $62.83 and a one year high of $122.83.

Hedge Funds Weigh In On Thor Industries

A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio purchased a new position in Thor Industries during the 2nd quarter worth $1,077,000. Edgestream Partners L.P. raised its stake in Thor Industries by 133.0% in the first quarter. Edgestream Partners L.P. now owns 26,816 shares of the RV manufacturer’s stock valued at $2,142,000 after buying an additional 15,309 shares during the last quarter. Bank of America Corp DE purchased a new stake in Thor Industries in the second quarter valued at about $6,886,000. Canada Pension Plan Investment Board purchased a new stake in Thor Industries in the second quarter valued at about $65,419,000. Finally, Legal & General Group Plc acquired a new stake in Thor Industries in the second quarter worth about $5,659,000. Institutional investors own 96.71% of the company’s stock.

Thor Industries Company Profile

Thor Industries, Inc is a recreational vehicle (RV) manufacturer headquartered in Elkhart, Indiana. The company designs, manufactures, and sells towable and motorized RVs, including travel trailers, fifth wheels, conventional motorhomes, and touring coaches. Its products are marketed for vacation travel, camping, and other forms of recreational use.

Thor’s North American portfolio includes well-known brands such as Airstream, Jayco, Keystone, Dutchmen, and CrossRoads. Airstream produces premium travel trailers and touring coaches, while the company’s other brands serve a broad range of customers and price points across the RV market.

Thor also operates internationally through the Erwin Hymer Group, a major European recreational vehicle platform.