Thor Industries PT Raised to $67.00 (THO)
Equities research analysts at BMO Capital Markets upped their target price on shares of Thor Industries (NYSE:THO) from $64.00 to $67.00 in a research note issued to investors on Monday, AR Network reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 15.44% from the stock’s previous close.
Thor Industries (NYSE:THO) traded down 0.84% during mid-day trading on Monday, hitting $58.04. The stock had a trading volume of 714,412 shares. Thor Industries has a 52 week low of $34.51 and a 52 week high of $59.16. The stock has a 50-day moving average of $52.92 and a 200-day moving average of $46.04. The company has a market cap of $3.087 billion and a price-to-earnings ratio of 20.32.
Thor Industries (NYSE:THO) last issued its quarterly earnings data on Thursday, September 26th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.09. The company had revenue of $914.00 million for the quarter, compared to the consensus estimate of $964.54 million. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. Analysts expect that Thor Industries will post $3.49 EPS for the current fiscal year.
A number of other firms have also recently commented on THO. Analysts at RBC Capital reiterated a “buy” rating on shares of Thor Industries (NYSE:THO) in a research note to investors on Thursday, September 19th. They now have a $24.00 price target on the stock. Separately, analysts at SunTrust initiated coverage on shares of Thor Industries (NYSE:THO) in a research note to investors on Friday, August 9th. They set a “buy” rating on the stock. Finally, analysts at Wedbush raised their price target on shares of Thor Industries (NYSE:THO) from $66.00 to $69.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $53.25.
Thor Industries, Inc (NYSE:THO)manufactures and sells a range of recreation vehicles and small and mid-size buses in the United States and Canada.
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