Wall Street brokerages predict that Thor Industries, Inc. (NYSE:THO) will post earnings per share of $1.97 for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Thor Industries’ earnings, with the lowest EPS estimate coming in at $1.91 and the highest estimate coming in at $2.02. Thor Industries reported earnings of $1.57 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 25.5%. The business is expected to announce its next quarterly earnings report on Monday, September 25th.

According to Zacks, analysts expect that Thor Industries will report full year earnings of $6.80 per share for the current fiscal year, with EPS estimates ranging from $6.75 to $6.85. For the next financial year, analysts expect that the business will report earnings of $7.51 per share, with EPS estimates ranging from $7.15 to $7.90. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Thor Industries.

A number of research firms have weighed in on THO. Zacks Investment Research raised Thor Industries from a “hold” rating to a “buy” rating and set a $117.00 target price on the stock in a report on Thursday, June 8th. Off Wall Street began coverage on Thor Industries in a report on Thursday, June 29th. They issued a “sell” rating and a $75.00 target price on the stock. Aegis began coverage on Thor Industries in a report on Monday. They issued a “hold” rating and a $113.00 target price on the stock. BMO Capital Markets reissued a “hold” rating and issued a $110.00 target price on shares of Thor Industries in a report on Thursday, July 13th. Finally, Stifel Nicolaus began coverage on Thor Industries in a report on Thursday, July 6th. They issued a “hold” rating and a $110.00 target price on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $110.89.

In other news, Director Alan Siegel sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total value of $109,450.00. Following the transaction, the director now owns 4,988 shares of the company’s stock, valued at $545,936.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.60% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of THO. Great West Life Assurance Co. Can raised its stake in shares of Thor Industries by 10.3% in the first quarter. Great West Life Assurance Co. Can now owns 38,628 shares of the construction company’s stock worth $3,713,000 after buying an additional 3,600 shares during the period. State Treasurer State of Michigan raised its stake in shares of Thor Industries by 0.5% in the first quarter. State Treasurer State of Michigan now owns 19,400 shares of the construction company’s stock worth $1,865,000 after buying an additional 100 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Thor Industries by 1.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 57,831 shares of the construction company’s stock worth $5,559,000 after buying an additional 804 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Thor Industries by 6.0% in the first quarter. Bank of New York Mellon Corp now owns 650,057 shares of the construction company’s stock worth $62,490,000 after buying an additional 36,593 shares during the period. Finally, Comerica Bank raised its stake in shares of Thor Industries by 3.3% in the first quarter. Comerica Bank now owns 40,228 shares of the construction company’s stock worth $3,923,000 after buying an additional 1,282 shares during the period. 89.66% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Thor Industries (NYSE:THO) traded up 0.20% during trading on Thursday, reaching $112.84. The company’s stock had a trading volume of 356,704 shares. The firm has a market cap of $5.93 billion, a P/E ratio of 17.61 and a beta of 1.38. The stock’s 50 day moving average is $106.09 and its 200 day moving average is $100.90. Thor Industries has a one year low of $74.00 and a one year high of $115.74.

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About Thor Industries

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

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Earnings History and Estimates for Thor Industries (NYSE:THO)

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