Thor Industries (NYSE:THO) 주식

Thor Industries

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

SNOW

화요일 아침 (현지 시간 기준) 미국 주식 선물 거래가 혼조세를 보이고 있는 가운데 오늘 투자자들의 관심을 끌 수 있는 주식은 다음과 같다: 1. 월스트리트는 오토존(NYSE:AZO)이 개장 전 분기 매출 62억 2천만 달러, 주당 53.53달러의 분기 이익을 보고할 것으로 예상하고 있다. 오토존의 주가는 시간외 거래에서 0.7% 하락한 3,027달러를 기록했다.

화요일 주목해야 할 주식: 오토존, 토르 인더스트리즈, 스노우플레이크 그리고 2종목

Thor Industries Inc

TOHO GAS CO LTD ORD NEW by Toho Gas Co., Ltd.

Toho Gas Co Ltd

TOHO Co Ltd

THAI OIL PCL UTS NVDR by Thai Oil Public Co., Ltd.

Thai Oil PCL

Thor Energy PLC

Bioporto AS

DA Davidson analyst Brandon Rolle maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Neutral and lowers the price target from $95 to $80.

Price Target

Analyst Ratings

DA Davidson Maintains Neutral on Thor Industries, Lowers Price Target to $80

Truist Securities analyst Michael Swartz maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Hold and lowers the price target from $110 to $90.

Truist Securities Maintains Hold on Thor Industries, Lowers Price Target to $90

BMO Capital analyst Tristan Thomas-Martin maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Outperform and lowers the price target from $120 to $105.

BMO Capital Maintains Outperform on Thor Industries, Lowers Price Target to $105

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Piper Sandler cut Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) price target from $16 to $12. Piper Sandler analyst David Westenberg maintained a Neutral rating. Elanco Animal Health shares closed at $10.85 on Wednesday. <a href="https://www.benzinga.com/quote/ELAN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays cut the price target for Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) from $9 to $8. Barclays analyst Christine Cho maintained an Overweight rating. Array Technologies shares closed at $5.42 on Wednesday. <a href="https://www.benzinga.com/quote/ARRY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stephens &amp; Co cut The Descartes Systems Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSGX#NASDAQ">DSGX</a>) price target from $145 to $137. Stephens &amp; Co. analyst John Campbell maintained an Overweight rating. Descartes Systems shares closed at $110.92 on Wednesday. <a href="https://www.benzinga.com/quote/DSGX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush raised the price target for Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) from $230 to $240. Wedbush analyst Daniel Ives maintained an Outperform rating. Marvell Technology shares closed at $90.14 on Wednesday. <a href="https://www.benzinga.com/quote/MRVL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo cut the price target for FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from $320 to $275. Wells Fargo analyst Christian Wetherbee maintained an Equal-Weight rating. FedEx shares closed at $250.41 on Wednesday. <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird cut Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $440 to $370. Baird analyst Ben Kallo maintained an Outperform rating. Tesla shares settled at $279.10 on Wednesday. <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler slashed Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) price target from $51 to $50. Piper Sandler analyst Mark Lear maintained a Neutral rating. Occidental Petroleum shares closed at $45.51 on Wednesday. <a href="https://www.benzinga.com/quote/OXY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Barclays raised PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) price target from $153 to $168. Barclays analyst Lauren Lieberman maintained an Overweight rating. PepsiCo shares closed at $153.88 on Wednesday.  <a href="https://www.benzinga.com/quote/pep/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut the price target for Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) from $150 to $120. B of A Securities analyst Vivek Arya maintained a Buy rating. Marvell Technology shares settled at $90.14 on Wednesday. <a href="https://www.benzinga.com/quote/mrvl/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut THOR Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) price target from $110 to $100. Baird analyst Craig Kennison maintained an Outperform rating. THOR Industries shares closed at $81.40 on Tuesday. <a href="https://www.benzinga.com/quote/tho/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44083539/wall-streets-most-accurate-analysts-give-their-take-on-3-defensive-stocks-delivering-high-dividend-yields-3">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields</a></li>
</ul>

ARRY

DSGX

ELAN

MRVL

TSLA

Tesla To $370? Here Are 10 Top Analyst Forecasts For Thursday

4 analysts have shared their evaluations of Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $108.25, with a high estimate of $125.00 and a low estimate of $98.00. Observing a 2.36% increase, the current average has risen from the previous average price target of $105.75. 
<img src="https://www.benzinga.com/files/images/story/2025/1741269678_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The perception of Thor Industries by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Craig Kennison</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$100.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Alex Perry</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$110.00</td>
<td>$98.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$98.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Thor Industries. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Thor Industries compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Thor Industries's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Thor Industries's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/THO/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Thor Industries analyst ratings.</a>
<h2>About Thor Industries</h2>
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.
<h3>Thor Industries: Delving into Financials</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Challenges: Thor Industries's revenue growth over 3 months faced difficulties. As of 31 October, 2024, the company experienced a decline of approximately -14.31%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Thor Industries's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -0.09%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Thor Industries's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.05% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Thor Industries's ROA stands out, surpassing industry averages. With an impressive ROA of -0.03%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.27, Thor Industries adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Thor Industries: Insights From 4 Analyst Reviews

Baird analyst Craig Kennison maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Outperform and lowers the price target from $110 to $100.

Baird Maintains Outperform on Thor Industries, Lowers Price Target to $100

WIIM

Thor Industries shares are trading lower after the company reported worse-than-expected Q2 EPS results and lowered its FY25 guidance.

Thor Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) shares are trading<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> lower in the premarket session on Wednesday.</a>
The company reported <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/g44137135/thor-industries-announces-second-quarter-fiscal-2025-results" rel="noreferrer noopener">second-quarter</a> loss per share of one cent, missing the street view of 6 cents earnings per share.
Quarterly sales of $2.02 billion (down 8.6% year over year) outpaced the analyst consensus estimate of $1.974 billion.
Gross profit margin in the quarter under review contracted by 20 basis points year over year to 12.1% amid &#8220;continued macroeconomic headwinds&#8221;.
Adjusted EBITDA slumped over 19% to $87.015 million from $108.686 million in the year-ago period.
&#8220;Despite the challenging market, we have generated strong cash flows through the execution of our proven operating model, favorably positioning THOR to seize upon growth opportunities in both North America and Europe,&#8221; explained Bob Martin, President and Chief Executive Officer.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44120691/gitlab-stock-faces-balanced-risk-reward-analyst-cuts-price-forecast-despite-earnings-beat" rel="noreferrer noopener">GitLab&#8217;s Growth Holds Steady, But Analyst Lowers Price Forecast On Cautious Outlook</a>
North American Towable RV net sales for the second quarter increased 13.3%, while North American Motorized RV net sales decreased 21.8% on a year-over-year basis.
European RV net sales decreased 21.7% for the second quarter of fiscal 2025 compared to the prior-year period driven by a 27.8% decrease in unit shipments offset in part by a 6.1% increase in the overall net price per unit.&nbsp;
&#8220;Despite the challenging market and macroeconomic uncertainties, we remain focused on enhancing the fundamentals of our business and executing on our strategic plan as we progress through the second half of our fiscal year," said Colleen Zuhl, Senior Vice President and Chief Financial Officer.
The company exited the quarter with cash and equivalents worth $373.819 million, with net inventories worth $1.379 billion. Long-term debt (net) at the end of the quarter contracted to $1.003 billion from $1.101 billion at July 31, 2024.
Outlook: Thor Industries narrowed and <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">revised FY25 financial guidance</a>. The company sees consolidated net sales of $9 billion &#8211; $9.5 billion vs. $9.418 billion estimate (<a target="_blank" href="https://ir.thorindustries.com/investor-resources/press-releases/press-release-details/2024/THOR-Industries-Announces-First-Quarter-Fiscal-2025-Results/" rel="noreferrer noopener">prior view</a>: $9 billion &#8211; $9.8 billion). Projects diluted earnings per share of $3.30 &#8211; $4.00 vs. $4.38 estimate (prior view: $4.00&nbsp;&#8211;&nbsp;$5.00).
Price Action: THO shares are trading lower by 3.92% to $91.50 premarket at last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44103610/taiwan-semiconductor-doubles-down-on-us-chipmaking-165-billion-investment-set-to-reshape-tech-jobs" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor Doubles Down On US Chipmaking, Plans $165 Billion Investment</a></li>
</ul>
Photo via Shutterstock.

Equities

Guidance

Movers

General

Thor Industries Q2 Sales Drop 8% Amid Macroeconomic Challenges, Narrows FY25 Outlook

Thor Industries Narrowed And Revised FY25 Financial Guidance: Sees Consolidated Net Sales Of $9B-9.5B Vs. $9.43B Estimate (Prior View: $9B-$9.8B); Diluted Earnings Per Share Of $3.30-$4.00 Vs. $4.48 Estimate (Prior View: $4-$5)

Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.06 by 116.67 percent. This is a 107.69 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $2.02 billion which beat the analyst consensus estimate of $1.98 billion by 1.92 percent. This is a 8.56 percent decrease over sales of $2.21 billion the same period last year.

Earnings Beats

Earnings Misses

Thor Industries Q2 EPS $(0.01) Misses $0.06 Estimate, Sales $2.02B Beat $1.98B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Full Truck Alliance Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YMM#NYSE">YMM</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $419.04 million. 
• Brown Forman Inc Class B Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is projected to report quarterly earnings at $0.46 per share on revenue of $1.07 billion. 
• CLPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLPS#NASDAQ">CLPS</a>) is estimated to report earnings for its first quarter. 
• EyePoint Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYPT#NASDAQ">EYPT</a>) is expected to report quarterly loss at $0.48 per share on revenue of $11.02 million. 
• Kamada (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KMDA#NASDAQ">KMDA</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $39.59 million. 
• Editas Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDIT#NASDAQ">EDIT</a>) is expected to report quarterly loss at $0.58 per share on revenue of $19.97 million. 
• Hydrofarm Holdings Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYFM#NASDAQ">HYFM</a>) is likely to report quarterly loss at $2.00 per share on revenue of $41.10 million. 
• Ocugen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCGN#NASDAQ">OCGN</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $300 thousand. 
• Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is projected to report quarterly earnings at $2.54 per share on revenue of $171.17 million. 
• Broadwind (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWEN#NASDAQ">BWEN</a>) is expected to report quarterly loss at $0.07 per share on revenue of $31.90 million. 
• Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) is likely to report quarterly earnings at $0.08 per share on revenue of $1.97 billion. 
• Caesarstone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTE#NASDAQ">CSTE</a>) is expected to report quarterly loss at $0.23 per share on revenue of $99.40 million. 
• REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) is estimated to report quarterly earnings at $0.26 per share on revenue of $492.77 million. 
• Daktronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $183.46 million. 
• Campbell`s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NASDAQ">CPB</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $2.74 billion. 
• Nexxen International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) is projected to report quarterly earnings at $0.32 per share on revenue of $110.00 million. 
• VersaBank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBNK#NASDAQ">VBNK</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $30.41 million. 
• OppFi (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPFI#NYSE">OPFI</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $133.50 million. 
• Riskified (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $90.36 million. 
• Dine Brands Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIN#NYSE">DIN</a>) is projected to report quarterly earnings at $1.35 per share on revenue of $201.09 million. 
• SmartRent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMRT#NYSE">SMRT</a>) is projected to report quarterly loss at $0.03 per share on revenue of $37.78 million. 
• Arbe Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBE#NASDAQ">ARBE</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $500 thousand. 
• Abercrombie &amp; Fitch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) is likely to report quarterly earnings at $3.29 per share on revenue of $1.52 billion. 
• Brown Forman Inc Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is estimated to report earnings for its third quarter. 
• Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $2.32 billion. 
• Stratasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSYS#NASDAQ">SSYS</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $149.88 million. 
<h3>Companies Reporting After The Bell</h3>
• Zscaler (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) is projected to report quarterly earnings at $0.69 per share on revenue of $635.56 million. 
• Ring Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/REI#AMEX">REI</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $86.72 million. 
• Vermilion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VET#NYSE">VET</a>) is likely to report quarterly earnings at $1.67 per share on revenue of $507.35 million. 
• Culp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) is likely to report quarterly earnings at $0.04 per share on revenue of $62.00 million. 
• FRP Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRPH#NASDAQ">FRPH</a>) is likely to report earnings for its fourth quarter. 
• MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $172.52 million. 
• Miller Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLR#NYSE">MLR</a>) is likely to report quarterly earnings at $1.09 per share on revenue of $290.30 million. 
• Energy Transfer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ET#NYSE">ET</a>) is estimated to report quarterly earnings at $0.21 per share on revenue of $128.69 million. 
• CompoSecure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPO#NASDAQ">CMPO</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $102.50 million. 
• Alto Ingredients (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTO#NASDAQ">ALTO</a>) is projected to report quarterly loss at $0.11 per share on revenue of $222.81 million. 
• Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) is projected to report quarterly loss at $481.50 per share on revenue of $400 thousand. 
• Park-Ohio Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PKOH#NASDAQ">PKOH</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $405.85 million. 
• NACCO Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NC#NYSE">NC</a>) is expected to report earnings for its fourth quarter. 
• Rigetti Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) is projected to report quarterly loss at $0.06 per share on revenue of $2.50 million. 
• Forge Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRGE#NYSE">FRGE</a>) is likely to report quarterly loss at $0.09 per share on revenue of $20.75 million. 
• Alta Equipment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTG#NYSE">ALTG</a>) is projected to report quarterly loss at $0.25 per share on revenue of $489.80 million. 
• Yext (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $112.77 million. 
• Methode Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) is projected to report quarterly loss at $0.10 per share on revenue of $262.60 million. 
• Ballys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALY#NYSE">BALY</a>) is likely to report quarterly loss at $0.17 per share on revenue of $612.38 million. 
• NN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNBR#NASDAQ">NNBR</a>) is likely to report quarterly loss at $0.06 per share on revenue of $108.60 million. 
• Climb Global Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMB#NASDAQ">CLMB</a>) is likely to report quarterly earnings at $1.12 per share on revenue of $114.37 million. 
• Aquestive Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQST#NASDAQ">AQST</a>) is expected to report quarterly loss at $0.13 per share on revenue of $13.13 million. 
• Identiv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INVE#NASDAQ">INVE</a>) is likely to report quarterly loss at $0.20 per share on revenue of $6.12 million. 
• Aware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWRE#NASDAQ">AWRE</a>) is likely to report earnings for its fourth quarter. 
• LivePerson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPSN#NASDAQ">LPSN</a>) is likely to report quarterly loss at $0.05 per share on revenue of $68.13 million. 
• TriplePoint Venture Gwth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPVG#NYSE">TPVG</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $26.68 million. 
• Allient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNT#NASDAQ">ALNT</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $119.71 million. 
• ACRES Commercial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACR#NYSE">ACR</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $22.75 million. 
• Sight Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGHT#NASDAQ">SGHT</a>) is estimated to report quarterly loss at $0.19 per share on revenue of $20.29 million. 
• Rayonier Adv Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYAM#NYSE">RYAM</a>) is expected to report quarterly loss at $0.19 per share on revenue of $418.50 million. 
• Amplify Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>) is projected to report quarterly earnings at $0.31 per share on revenue of $76.54 million. 
• Grindr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRND#NYSE">GRND</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $90.74 million. 
• LendingTree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>) is estimated to report quarterly earnings at $0.63 per share on revenue of $237.32 million. 
• Sleep Number (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNBR#NASDAQ">SNBR</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $389.75 million. 
• Fortuna Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) is estimated to report quarterly earnings at $0.20 per share on revenue of $308.00 million. 
• Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is expected to report earnings for its fourth quarter. 
• Enhabit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHAB#NYSE">EHAB</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $259.11 million. 
• Global Water Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWRS#NASDAQ">GWRS</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $12.70 million. 
• Zymeworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYME#NASDAQ">ZYME</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $45.20 million. 
• Veeva Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $699.27 million. 
• Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) is estimated to report earnings for its fourth quarter. 
• MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $519.45 million. 
• Arq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQ#NASDAQ">ARQ</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $25.70 million. 
• Nine Energy Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NINE#NYSE">NINE</a>) is estimated to report quarterly loss at $0.24 per share on revenue of $135.00 million. 
• Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $1.80 billion. 
• Descartes Systems Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSGX#NASDAQ">DSGX</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $169.38 million. 
• Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $323.08 million. 
• LandBridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LB#NYSE">LB</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $38.04 million. 
• Riley Exploration Permian (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/REPX#AMEX">REPX</a>) is likely to report quarterly earnings at $1.64 per share on revenue of $105.49 million. 
• Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) is expected to report quarterly earnings at $0.72 per share on revenue of $450.71 million. 
• GeoPark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPRK#NYSE">GPRK</a>) is expected to report quarterly earnings at $0.80 per share on revenue of $168.00 million. 
• Orion Office REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONL#NYSE">ONL</a>) is likely to report earnings for its fourth quarter. 
• Silvaco Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVCO#NASDAQ">SVCO</a>) is likely to report quarterly earnings at $0.13 per share on revenue of $19.62 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALNT

ALTG

ALTO

AMPY

AQST

ARBE

AWRE

BALY

BBAR

BWEN

CLMB

CLPS

CMPO

CSTE

CULP

DAKT

EDIT

EHAB

EYPT

FRGE

FRPH

GPRK

GRND

GWRS

HYFM

INVE

KMDA

LPSN

NEXN

NINE

NNBR

OCGN

OPFI

PKOH

REPX

REVG

RGTI

RSKD

RYAM

SGHT

SMRT

SNBR

SSYS

SVCO

TPVG

TREE

VBNK

VEEV

VSCO

YEXT

ZYME

Earnings Scheduled For March 5, 2025

B of A Securities analyst Alex Perry upgrades Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) from Neutral to Buy and raises the price target from $110 to $125.

Upgrades

B of A Securities Upgrades Thor Industries to Buy, Raises Price Target to $125

Truist Securities analyst Michael Swartz maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Hold and raises the price target from $98 to $110.

Truist Securities Maintains Hold on Thor Industries, Raises Price Target to $110

Truist Securities analyst Michael Swartz maintains Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) with a Hold and lowers the price target from $105 to $98.

Truist Securities Maintains Hold on Thor Industries, Lowers Price Target to $98

Thor Industries shares are trading lower after the company reported worse-than-expected Q1 financial results.

Thor Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) shares are trading lower premarket on Wednesday.
Quarterly sales of&nbsp;$2.143 billion, down&nbsp;14.3% year over year, <a target="_blank" href="https://www.benzinga.com//node/42310751" rel="noreferrer noopener">missed the analyst consensus of&nbsp;$2.241 billion.</a>
The company reported&nbsp;first-quarter EPS of&nbsp;$(0.03) versus $0.99 prior year. Adjusted EPS of $0.26 <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missed the consensus of $0.71</a>.
North American Towable RV net sales were down 4.9%&nbsp;Y/Y, North American Motorized RV net sales decreased&nbsp;29.0%, and European RV net sales decreased&nbsp;14.6%&nbsp;in the quarter.
Quarterly gross profit margin contracted by 120 basis points to 13.1%. Thor Industries exited the quarter with cash and equivalents worth $445.2 million. Inventories as of quarter end totaled $1.37 billion.
Bob Martin, President and CEO, said, &#8220;As we forecasted, our performance through the first quarter of our fiscal year 2025 continued to be impacted by the soft retail and wholesale environment.&#8221;
&#8220;Barring further future macroeconomic headwinds, it is our expectation that retail activity will begin to trend positively in the latter half of our fiscal 2025, particularly in North America, where we anticipate the return of a stronger retail market,&#8221; added Martin.
Outlook:&nbsp;Thor Industries reiterated FY25 sales of $9.0 billion &#8211; $9.8 billion, compared to the&nbsp;$9.617 billion&nbsp;estimate, and EPS of&nbsp;$4.00<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> to&nbsp;$5.00, vs. the estimated&nbsp;$5.04</a>.
Todd Woelfer, Senior Vice President and Chief Operating Officer, added, &#8220;Our initial view of fiscal year 2025 forecasted for challenging first and second quarters driven by the difficult markets and a return to a more normal cadence of operating results in Europe following a record fiscal 2024, with particular challenges facing our North American Motorized segment.&#8221;
&#8221;As we look to the remainder of the fiscal year, we continue to believe that our initial forecast for our fiscal year 2025 is an accurate assessment of the RV industry for the next nine months. For our performance, this means that we anticipate a challenging second quarter but stronger quarters in our fiscal second half.&#8221;
Price Action: THO shares are down 5.06% at $103.00 premarket at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/42310251" target="_blank" rel="noreferrer noopener">Torrid Shares Dip On Weak Q3 Results And Lowered FY24 Outlook, CEO Optimistic For Future Growth</a></li>
</ul>
Photo via Shutterstock.

Mid Cap

Thor Industries Misses Q1 Estimates Amid Recreational Vehicle Market Weakness, But Optimistic About H2 Recovery

THOR Industries Reaffirms FY25 Sales Of $9.0B-$9.8B Vs. $9.617B Est., EPS of $4.00-$5.00 Vs. $5.04 Est

Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $0.78 by 103.85 percent. The company reported quarterly sales of $2.143 billion which missed the analyst consensus estimate of $2.241 billion by 4.39 percent. This is a 14.31 percent decrease over sales of $2.501 billion the same period last year.

Thor Industries Q1 2025 GAAP EPS $(0.03) Misses $0.78 Estimate, Sales $2.143B Miss $2.241B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Daktronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) is estimated to report quarterly earnings at $0.20 per share on revenue of $202.59 million. 
• SecureWorks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCWX#NASDAQ">SCWX</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $81.39 million. 
• Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $2.00 billion. 
• Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $2.23 billion. 
• Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) is expected to report quarterly earnings at $1.08 per share on revenue of $7.44 billion. 
• Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $3.14 billion. 
• Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $2.90 billion. 
• WisdomTree International LargeCap Dividend Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOL#NYSE">DOL</a>) is projected to report quarterly earnings at $0.98 per share on revenue of $1.57 billion. 
• Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) is projected to report quarterly earnings at $2.57 per share on revenue of $2.95 billion. 
• Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) is expected to report quarterly earnings at $3.01 per share on revenue of $14.72 billion. 
• Gaotu Techedu (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOTU#NYSE">GOTU</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $172.78 million. 
<h3>Companies Reporting After The Bell</h3>
• Culp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) is likely to report quarterly loss at $0.18 per share on revenue of $58.00 million. 
• DLH Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLHC#NASDAQ">DLHC</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $101.00 million. 
• PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) is expected to report quarterly earnings at $2.59 per share on revenue of $2.22 billion. 
• Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $64.32 million. 
• KNOT Offshore Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNOP#NYSE">KNOP</a>) is projected to report quarterly loss at $0.04 per share on revenue of $73.49 million. 
• ChargePoint Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) is expected to report quarterly loss at $0.09 per share on revenue of $89.58 million. 
• SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is expected to report quarterly loss at $0.20 per share on revenue of $209.72 million. 
• Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $196.40 million. 
• Ncino (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNO#NASDAQ">NCNO</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $137.38 million. 
• Verint Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $210.03 million. 
• Greif (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEF#NYSE">GEF</a>) is projected to report quarterly earnings at $1.10 per share on revenue of $1.41 billion. 
• Five Below (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $798.58 million. 
• Star Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGU#NYSE">SGU</a>) is estimated to report earnings for its fourth quarter. 
• AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is likely to report quarterly earnings at $0.68 per share on revenue of $181.44 million. 
• IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) is likely to report earnings for its first quarter. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.30 billion. 
• Container Store Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCS#NYSE">TCS</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $45.20 million. 
• Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) is expected to report quarterly earnings at $3.30 per share on revenue of $1.63 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AVAV

CHPT

CHWY

DLHC

DLTR

WisdomTree Trust International LargeCap Dividend

FIVE

GSX Techedu Inc. American Depositary Shares

GOTU

KNOP

NCNO

OOMA

SCWX

SNPS

VRNT

Earnings Scheduled For December 4, 2024

In the last three months, 4 analysts have published ratings on Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>), offering a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $111.0, a high estimate of $124.00, and a low estimate of $95.00. Observing a 3.5% increase, the current average has risen from the previous average price target of $107.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1733248857_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The standing of Thor Industries among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brandon Rolle</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$95.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>James Hardiman</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$124.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$105.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Tristan Thomas-Martin</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$120.00</td>
<td>$120.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Thor Industries. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Thor Industries compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Thor Industries's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Thor Industries's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/THO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Thor Industries analyst ratings.</a>
<h2>Unveiling the Story Behind Thor Industries</h2>
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.
<h3>Breaking Down Thor Industries's Financial Performance</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Thor Industries's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -7.45% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Thor Industries's net margin excels beyond industry benchmarks, reaching 3.55%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.23%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Thor Industries's ROA excels beyond industry benchmarks, reaching 1.26%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.28.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Ratings For Thor Industries

Press Releases

THOR Industries and Harbinger Collaborate to Deliver the World's First Hybrid Class A Motorhome

THOR Industries Announces Fourth Quarter Fiscal 2024 Results

Dividends

THOR Industries Announces Increased Regular Quarterly Dividend

Commodities

THOR INDUSTRIES ISSUES SEVENTH ANNUAL SUSTAINABILITY REPORT

THOR Industries Announces Date for Its Fiscal 2025 First Quarter Earnings Release

THOR Industries Announces First Quarter Fiscal 2025 Results

THOR Industries Announces Regular Quarterly Dividend

THOR Industries Announces Date for Its Fiscal 2025 Second Quarter Earnings Release

THOR Industries Announces Participation in Upcoming Investor Conferences

THOR Industries Announces Second Quarter Fiscal 2025 Results

Thunder Power Holdings, Inc. - Common Stock

Thunder Power Holdings

Cenntro

Chijet Motor Company, Inc. - Ordinary Shares

Chijet Motor Co

ECD Automotive Design, Inc. - Common Stock

ECD Automotive Design

Ford Motor

Faraday Future Intelligent Electric Inc. - Class A Common Stock

Faraday Future

Fly-E Group

General Motors

Honda Motor Co

Lucid Group

Li Auto Inc. - American Depositary Shares

Li Auto

Lotus Technology Inc. - American Depositary Shares

Lotus Technology

NIO Inc. American depositary shares, each representing one Class A ordinary share

NWTN

Phoenix Motor

Polestar Automotive Holding UK Limited - Class A ADS

Polestar Automotive

Polestar Automotive Holding UK Limited - Class C-1 ADS (ADW)

Rivian Automotive, Inc. - Class A Common Stock

Rivian Automotive

Toyota Motor

Tesla

VinFast Auto

Winnebago Industries

Workhorse Gr

XPeng Inc. American depositary shares, each representing two Class A ordinary shares

XPeng

ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares)

Comments

Thor Industries

뉴스

파트너 / 기고자

벤징가 글로벌