According to a report issued by Zacks Investment Research analysts, Thor Industries, Inc. announced $0.41 as its quarterly dividend. The report was issued this Thursday, March 18th. As per the announcement, stockholders are to receive per share $0.41 as a dividend on the 16th of April. It further suggests that the annual dividend stands at $1.64. The company posts a dividend yield of 1.15%.
Thor Industries, Inc. stocks traded at $142.64 this Friday. The company’s current market capitalization stands at $7.90 billion. It has a positive PE ratio of 27.75 along with a beta of 2.42 at the moment. The debt-to-equity ratio stands at 0.65. The company has 1.40 as the current ratio and 0.75 as the quick ratio. The 12-monthly high to low ranges from $152.20 to $32.30. The 50SMA (50 Days Simple Moving Average) stands at $125.20 and its 200SMA stands at $102.90.
THO Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 8th of March. The earnings stood at $2.38 EPS as opposed to the general consensus of $1.60 proposed by analysts at Thomson Reuters. The company’s return on equity stands at 13.15% along with a net margin of 3.34%. The estimated income for the firm was marked at $2.55 billion but it made $2.73 billion for the quarter. The estimated EPS for the current fiscal year stands at 7.76.
NYSE: THO has recently been the subject of a lot of reports by research analysts. Some such as KeyCorp, TheStreet, Zacks Investment Research, Wedbush, Truist, and so on have posted reports on this company over the last few months.
Among the analysts who have posted reports on this company, four have issued a “Hold” rating, and a majority of five have given out a “Buy” rating. Therefore, the average consensus on the rating of this company stands at “Buy” and the consensus estimate of the price target is $120.56. Several institutional investors and hedge funds have also lifted their shareholdings in this company over the past few weeks.