Thor Industries (NYSE:THO) posted its quarterly earnings results on Monday. The construction company reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.98, Briefing.com reports. Thor Industries had a net margin of 4.20% and a return on equity of 16.44%. The firm had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.01 billion. During the same period in the previous year, the business posted $0.43 earnings per share. Thor Industries’s quarterly revenue was up 105.7% on a year-over-year basis.
NYSE:THO opened at $115.60 on Wednesday. The firm has a market cap of $6.40 billion, a PE ratio of 16.51 and a beta of 2.37. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.71 and a current ratio of 1.49. The business’s 50 day moving average price is $132.80. Thor Industries has a 1-year low of $78.64 and a 1-year high of $152.20.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 16th. Stockholders of record on Friday, April 2nd were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Wednesday, March 31st. This represents a $1.64 annualized dividend and a dividend yield of 1.42%. Thor Industries’s dividend payout ratio is currently 34.60%.
In other news, Director James L. Ziemer sold 2,045 shares of the business’s stock in a transaction dated Friday, April 16th. The stock was sold at an average price of $139.09, for a total value of $284,439.05. Following the transaction, the director now directly owns 18,220 shares of the company’s stock, valued at approximately $2,534,219.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kenneth D. Julian sold 4,532 shares of the business’s stock in a transaction dated Thursday, March 11th. The shares were sold at an average price of $136.61, for a total value of $619,116.52. Following the completion of the transaction, the vice president now directly owns 43,498 shares in the company, valued at $5,942,261.78. The disclosure for this sale can be found here. 4.10% of the stock is owned by insiders.
Thor Industries Company Profile
Thor Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. It offers travel trailers under the Airstream Classic, Globetrotter, International, Flying Cloud, Caravel, Bambi, and Basecamp trade names; Class B motorhomes under the Interstate and Atlas series, and Sequence and Tellaro trade names; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.
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