THOR Industries (THO) to Release Quarterly Earnings on Tuesday

THOR Industries (NYSE:THO) is set to issue its quarterly earnings data before the market opens on Tuesday, September 24th. Analysts expect the company to announce earnings of $1.35 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

THOR Industries Stock Performance

THO opened at $101.75 on Tuesday. The stock has a market capitalization of $5.41 billion, a price-to-earnings ratio of 20.64 and a beta of 1.67. The company has a fifty day moving average of $101.59 and a 200 day moving average of $101.70. THOR Industries has a fifty-two week low of $84.54 and a fifty-two week high of $129.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.74 and a current ratio of 1.65.

THOR Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Wednesday, July 3rd were paid a $0.48 dividend. The ex-dividend date was Wednesday, July 3rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.89%. THOR Industries’s payout ratio is currently 38.95%.

Wall Street Analyst Weigh In

THO has been the subject of a number of recent research reports. Citigroup dropped their price objective on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating for the company in a research note on Friday, June 7th. Benchmark assumed coverage on shares of THOR Industries in a research note on Thursday, July 18th. They set a “hold” rating for the company. Truist Financial dropped their price target on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, June 6th. Finally, Robert W. Baird dropped their price target on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 6th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $102.00.

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.