The stock of the world's largest recreational vehicle (RV) maker, Thor Industries (NYSE: THO), was looking a bit diminished over the past five trading days. For Thor's second quarter of fiscal 2025, net sales saw an almost 9% year-over-year decline to slightly more than $2 billion.
Key Takeaways Thor Industries blamed "continued macroeconomic headwinds" for worse-than-expected results and guidance.The RV maker posted a second-quarter fiscal 2025 loss, while analysts were looking for a profit.
THO reports mixed results for the fiscal second quarter and expects fiscal 2025 consolidated net sales in the range of $9-$9.5 billion.
DA Davidson lowered the firm’s price target on Thor Industries (THO) to $80 from $95 and keeps a Neutral rating on the shares. The stock
Thor Industries (NYSE:THO) recent quarterly results underscored the continued headwinds in the RV industry as stubbornly high interest rates creates a prohibitively expensive environment for more pricey motorized RVs.
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Shares of THOR Industries, Inc. (NYSE:THO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.
Good news for major recreational vehicle (RV) maker Thor Industries (THO), as it landed an upgrade at Bank of America Securities. Investors
Mutual of America Capital Management LLC cut its holdings in THOR Industries, Inc. (NYSE:THO – Free Report) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
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.
Thor Industries, Inc. (NYSE:THO) shares are trading lower in the premarket session on Wednesday. The company reported second-quarter loss per share of one cent, missing the street view of 6 cents earnings per share.
Thor Industries (NYSE: THO) stock closed Monday trading below $100, but one analyst thinks it could be worth a lot more than that. Upgrading Thor from neutral to buy on Monday, Bank of America Securities analyst Alex Perry assigned a new and improved $125 price target to the $100 stock,