Roth Capital Reduces Earnings Estimates for Thor Industries

Thor Industries, Inc. (NYSE:THO) – Equities researchers at Roth Capital dropped their Q1 2026 EPS estimates for shares of Thor Industries in a note issued to investors on Monday, September 29th. Roth Capital analyst S. Stember now forecasts that the RV manufacturer will earn ($0.13) per share for the quarter, down from their prior forecast of $0.06. Roth Capital currently has a “Neutral” rating and a $93.00 target price 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’ Q2 2026 earnings at $0.14 EPS and Q2 2027 earnings at $0.20 EPS.

A number of other brokerages have also recently issued reports on THO. Wall Street Zen upgraded shares of Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, June 6th. DA Davidson upped their price target on shares of Thor Industries from $78.00 to $102.00 and gave the stock a “neutral” rating in a research note on Tuesday. Truist Financial upped their price target on shares of Thor Industries from $86.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Zacks Research upgraded shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Bank of America upped their price target on shares of Thor Industries from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $105.25.

Thor Industries Stock Performance

Shares of Thor Industries stock opened at $104.01 on Wednesday. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 2.19 and a beta of 1.35. The firm’s 50-day moving average is $103.79 and its 200 day moving average is $88.98. Thor Industries has a 1 year low of $63.15 and a 1 year high of $118.85. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 0.90.

Institutional Investors Weigh In On Thor Industries

A number of institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. grew 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 purchasing an additional 271 shares in the last quarter. Country Trust Bank grew its holdings in shares of 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 in the last quarter. Curio Wealth LLC grew its holdings in shares of Thor Industries by 33,300.0% in the second 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 grew its holdings in shares of Thor Industries by 174.8% in the second 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, UMB Bank n.a. grew its holdings in shares of Thor Industries by 135.6% in the first quarter. UMB Bank n.a. now owns 483 shares of the RV manufacturer’s stock valued at $37,000 after purchasing an additional 278 shares in the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

Thor Industries declared that its board has authorized a share repurchase plan on Monday, June 23rd that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the RV manufacturer to purchase up to 8.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

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.