BMO Capital Reiterates Outperform Rating on Thor Industries Inc. (THO)

BMO Capital analyst Tristan M. Thomas-Martin reiterated an Outperform rating and $120.00 price target on Thor Industries Inc. (NYSE: THO).

The analyst commented, "THO FY4Q24 results came in better than expected, but with EPS aided by several one-time items. THO's FY2025 guidance was below our estimates, consensus, and we believe most investor expectations. While there remains some questions around ongoing share pressure and C2025 retail demand, we believe THO is taking the right steps by resetting expectations and not overshipping the dealer channel. We are trimming our estimates in line with THO's new guidance and our ongoing checks at RV Open House, which have indicated muted dealer ordering."

For an analyst ratings summary and ratings history on Thor Industries Inc. click here. For more ratings news on Thor Industries Inc. click here.

Shares of Thor Industries Inc. closed at $109.47 yesterday.

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