THOR Industries (THO) to Release Quarterly Earnings on Wednesday

THOR Industries (NYSE:THO) is expected to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect THOR Industries to post earnings of $0.05 per share and revenue of $1.98 billion for the quarter.

THOR Industries Stock Up 1.3 %

NYSE THO opened at $102.06 on Wednesday. THOR Industries has a 12 month low of $88.37 and a 12 month high of $129.31. The company has a market capitalization of $5.43 billion, a P/E ratio of 26.10, a PEG ratio of 1.16 and a beta of 1.69. The company’s 50 day simple moving average is $99.58 and its 200 day simple moving average is $104.25. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78.

THOR Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.00 annualized dividend and a dividend yield of 1.96%. THOR Industries’s dividend payout ratio is currently 51.15%.

Wall Street Analyst Weigh In

THO has been the subject of several research reports. StockNews.com lowered THOR Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, February 19th. Bank of America assumed coverage on THOR Industries in a research note on Friday, December 13th. They issued a “neutral” rating and a $120.00 price target on the stock. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Finally, Truist Financial lifted their target price on shares of THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $113.17.

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.