Roth Capital Lowers Earnings Estimates for Thor Industries

Thor Industries, Inc. (NYSE:THO) – Investment analysts at Roth Capital decreased their Q3 2026 earnings estimates for Thor Industries in a research note issued to investors on Monday, September 29th. Roth Capital analyst S. Stember now forecasts that the RV manufacturer will earn $2.44 per share for the quarter, down from their previous forecast of $2.67. Roth Capital has a “Neutral” rating and a $93.00 price objective on the stock. The consensus estimate for Thor Industries’ current full-year earnings is $4.64 per share. Roth Capital also issued estimates for Thor Industries’ Q4 2026 earnings at $1.55 EPS, FY2026 earnings at $3.99 EPS, Q1 2027 earnings at $0.15 EPS, Q3 2027 earnings at $3.01 EPS and Q4 2027 earnings at $2.13 EPS.

THO has been the topic of a number of other research reports. Citigroup raised their price target on Thor Industries from $112.00 to $122.00 and gave the stock a “neutral” rating in a research note on Friday, September 26th. KeyCorp raised Thor Industries from an “underweight” rating to a “sector weight” rating in a report on Friday, August 1st. DA Davidson raised their target price on shares of Thor Industries from $78.00 to $102.00 and gave the stock a “neutral” rating in a research report on Tuesday. 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 research report on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, June 6th. Two investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $105.25.

Thor Industries Stock Down 1.2%

THO opened at $103.60 on Tuesday. Thor Industries has a one year low of $63.15 and a one year high of $118.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.90 and a current ratio of 1.75. The stock has a market capitalization of $5.45 billion, a P/E ratio of 24.84, a price-to-earnings-growth ratio of 2.23 and a beta of 1.34. The business’s 50-day simple moving average is $103.63 and its 200-day simple moving average is $88.87.

Thor Industries declared that its Board of Directors has initiated a share repurchase program on Monday, June 23rd that allows the company to buyback $400.00 million in shares. This buyback authorization allows the RV manufacturer to repurchase up to 8.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Thor Industries

A number of large investors have recently bought and sold shares of THO. Hantz Financial Services Inc. boosted its holdings in shares of Thor Industries by 2,463.6% in the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after acquiring an additional 271 shares in the last quarter. Country Trust Bank lifted its position in Thor Industries by 50.0% in the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Curio Wealth LLC boosted its holdings in Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock valued at $30,000 after purchasing an additional 333 shares in the last quarter. MAI Capital Management boosted its holdings in Thor Industries by 174.8% in the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after purchasing an additional 236 shares in the last quarter. Finally, Signaturefd LLC increased its position in Thor Industries by 86.6% during the 2nd quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock worth $40,000 after purchasing an additional 207 shares during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

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.