Thor Industries to Report 2Q Earnings Thursday
Thor Industries is scheduled to post its second-quarter earnings results on Thursday (March 6). Analysts expect Thor to post earnings of 36 cents per share and revenue of $636.3 million for the quarter.
Thor opened at $57.55 on Wednesday. Thor Industries has a 52 week low of $34.51 and a 52 week high of $59.94. The stock has a 50-day moving average of $53.64 and a 200-day moving average of $54.26. The company has a market cap of $3.067 billion and a price-to-earnings ratio of 18.16.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Thor from a “neutral” rating to a “buy” rating in a research note on Feb. 10. Seven research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of $53.25.
Thor manufactures and sells a range of recreation vehicles and small and mid-size buses in the United States and Canada.