Thor Industries Given Consensus Recommendation of “Buy” by Analysts (NYSE:THO)
Shares of Thor Industries (NYSE:THO) have received a consensus rating of “Buy” from the seven ratings firms that are covering the company, Analyst Ratings Network reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $55.00.
Shares of Thor Industries (NYSE:THO) opened at 51.78 on Wednesday. Thor Industries has a 52 week low of $48.24 and a 52 week high of $64.71. The stock has a 50-day moving average of $54.53 and a 200-day moving average of $57.27. The company has a market cap of $2.760 billion and a price-to-earnings ratio of 15.96.
Thor Industries (NYSE:THO) last posted its quarterly earnings results on Thursday, June 5th. The company reported $1.03 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.08 by $0.05. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. Analysts expect that Thor Industries will post $3.30 EPS for the current fiscal year.
A number of research firms have recently commented on THO. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Thor Industries in a research note on Thursday. They now have a $59.00 price target on the stock, down previously from $68.00. Separately, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Thor Industries in a research note on Tuesday, August 5th. They now have a $64.00 price target on the stock, down previously from $72.00.
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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