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

Thor Industries, Inc. (NYSE:THO) has been assigned an average recommendation of “Hold” from the fifteen analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $95.6667.

Several equities analysts have weighed in on THO shares. BMO Capital Markets cut their price target on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Roth Mkm set a $78.00 price target on Thor Industries in a report on Thursday, June 4th. Truist Financial cut their price target on Thor Industries from $112.00 to $109.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Wall Street Zen cut Thor Industries from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Finally, DA Davidson dropped their price objective on shares of Thor Industries from $100.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, June 15th.

Thor Industries Stock Performance

THO opened at $72.38 on Monday. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 1.93 and a beta of 1.32. The company has a fifty day moving average of $77.06 and a 200 day moving average of $92.72. Thor Industries has a fifty-two week low of $69.71 and a fifty-two week high of $122.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71.

Thor Industries (NYSE:THO) last posted 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). The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business’s revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, sell-side analysts forecast that Thor Industries will post 3.19 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a $0.52 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.9%. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Choreo LLC lifted its holdings in shares of Thor Industries by 9.9% in the 4th quarter. Choreo LLC now owns 394,513 shares of the RV manufacturer’s stock valued at $41,128,000 after acquiring an additional 35,655 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in shares of Thor Industries by 115.9% in the 3rd quarter. WINTON GROUP Ltd now owns 57,262 shares of the RV manufacturer’s stock worth $5,937,000 after purchasing an additional 30,740 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Thor Industries by 5.4% in the 3rd quarter. Natixis Advisors LLC now owns 686,278 shares of the RV manufacturer’s stock worth $71,160,000 after purchasing an additional 35,294 shares during the period. Triad Investment Management purchased a new position in shares of Thor Industries in the 4th quarter worth approximately $4,276,000. Finally, Mirabella Financial Services LLP boosted its holdings in shares of Thor Industries by 65.1% in the 3rd quarter. Mirabella Financial Services LLP now owns 30,340 shares of the RV manufacturer’s stock worth $3,140,000 after purchasing an additional 11,965 shares during the period. Institutional investors own 96.71% of the company’s stock.

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.