Thor Industries, Inc. (NYSE:THO) Receives Consensus Rating of “Hold” from Brokerages

Shares of Thor Industries, Inc. (NYSE:THO) have received an average rating of “Hold” from the fourteen research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $92.3333.

Several equities analysts have commented on THO shares. Citigroup lowered their target price on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Seaport Research Partners initiated coverage on Thor Industries in a research report on Monday, April 20th. They issued a “neutral” rating for the company. BMO Capital Markets decreased their price target on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Argus raised Thor Industries to a “hold” rating in a report on Friday, June 12th. Finally, Wall Street Zen downgraded Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th.

Institutional Trading of Thor Industries

A number of institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in Thor Industries by 433.3% during the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after acquiring an additional 5,737 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Thor Industries in the first quarter valued at about $269,000. Empowered Funds LLC acquired a new stake in shares of Thor Industries in the first quarter valued at about $1,177,000. Focus Partners Wealth bought a new position in shares of Thor Industries in the first quarter worth about $255,000. Finally, Prudential Financial Inc. increased its stake in shares of Thor Industries by 20.4% in the second quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after purchasing an additional 937 shares during the period. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Thor Industries Price Performance

Shares of NYSE:THO opened at $77.73 on Tuesday. The company’s fifty day moving average is $76.27 and its two-hundred day moving average is $83.72. The company has a market cap of $4.05 billion, a P/E ratio of 33.65, a price-to-earnings-growth ratio of 1.54 and a beta of 1.33. Thor Industries has a 12-month low of $69.71 and a 12-month high of $122.83. The company has a quick ratio of 0.80, a current ratio of 1.71 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period last year, the firm earned $2.53 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Equities analysts expect that Thor Industries will post 3.22 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.7%. The ex-dividend date was Wednesday, July 1st. Thor Industries’s dividend payout ratio (DPR) is 90.04%.

Thor Industries Company Profile

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.