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

Shares of Thor Industries, Inc. (NYSE:THO) have received an average rating of “Hold” from the fourteen analysts that are currently covering the stock, Marketbeat reports. Twelve investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $104.6667.

Several research analysts have recently issued reports on THO shares. Citigroup cut their price target on Thor Industries from $122.00 to $117.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Robert W. Baird upped their price target on shares of Thor Industries from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, September 25th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Tuesday. Roth Capital set a $93.00 target price on Thor Industries and gave the company a “neutral” rating in a research note on Wednesday, September 17th. Finally, BMO Capital Markets increased their target price on Thor Industries from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, September 26th.

Thor Industries Price Performance

Shares of NYSE:THO opened at $100.03 on Thursday. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 23.99, a price-to-earnings-growth ratio of 1.87 and a beta of 1.32. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 0.90. The business’s 50 day simple moving average is $103.98 and its 200-day simple moving average is $98.32. Thor Industries has a 12 month low of $63.15 and a 12 month high of $117.09.

Thor Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.52. The firm had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. Thor Industries had a return on equity of 6.96% and a net margin of 2.70%.Thor Industries’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.03) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, equities analysts forecast that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Thor Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Thursday, October 23rd were given a dividend of $0.52 per share. The ex-dividend date was Thursday, October 23rd. This represents a $2.08 dividend on an annualized basis and a yield of 2.1%. This is a boost from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s dividend payout ratio (DPR) is 49.88%.

Institutional Investors Weigh In On Thor Industries

Several hedge funds have recently modified their holdings of THO. Hantz Financial Services Inc. grew its holdings in shares of Thor Industries by 2,463.6% during the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after buying an additional 271 shares in the last quarter. Country Trust Bank grew its stake in Thor Industries by 50.0% in the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after acquiring an additional 100 shares during the period. Foster Dykema Cabot & Partners LLC acquired a new position in Thor Industries in the 3rd quarter valued at $27,000. Curio Wealth LLC lifted its stake in shares of Thor Industries by 33,300.0% during the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares during the period. Finally, MAI Capital Management boosted its holdings in shares of Thor Industries by 174.8% during the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter. 96.71% of the stock is owned by institutional investors and hedge funds.

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. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.