Thor Industries (NYSE:THO) Upgraded to “Buy” at Wall Street Zen

Thor Industries (NYSE:THO) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other equities analysts also recently weighed in on the company. Zacks Research raised Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Loop Capital set a $133.00 price target on shares of Thor Industries in a report on Tuesday. Citigroup increased their price objective on shares of Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research report on Friday. Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Tuesday, December 2nd. Finally, Raymond James Financial raised Thor Industries from an “underperform” rating to a “market perform” rating in a research note on Monday, October 27th. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Thor Industries currently has a consensus rating of “Hold” and an average price target of $107.20.

Thor Industries Stock Performance

Thor Industries stock opened at $114.88 on Friday. The company’s 50-day moving average price is $104.72 and its 200-day moving average price is $102.97. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. The company has a market cap of $6.07 billion, a PE ratio of 36.24, a price-to-earnings-growth ratio of 2.12 and a beta of 1.34. Thor Industries has a twelve month low of $63.15 and a twelve month high of $117.98.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.52. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The company had revenue of $2.39 million during the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business posted ($0.03) earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities research analysts forecast that Thor Industries will post 4.64 EPS for the current fiscal year.

Insider Activity at Thor Industries

In other news, COO W. Todd Woelfer sold 4,567 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the sale, the chief operating officer owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

A number of large investors have recently bought and sold shares of the business. Triad Investment Management purchased a new stake in Thor Industries during the fourth quarter worth $4,276,000. Salvus Wealth Management LLC lifted its stake in shares of Thor Industries by 0.6% during the 4th quarter. Salvus Wealth Management LLC now owns 53,581 shares of the RV manufacturer’s stock worth $5,501,000 after purchasing an additional 340 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Thor Industries by 4.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,418 shares of the RV manufacturer’s stock worth $590,000 after purchasing an additional 243 shares during the last quarter. GAMMA Investing LLC boosted its position in Thor Industries by 56.6% during the fourth quarter. GAMMA Investing LLC now owns 2,510 shares of the RV manufacturer’s stock valued at $258,000 after purchasing an additional 907 shares in the last quarter. Finally, Mirabella Financial Services LLP grew its stake in Thor Industries by 65.1% in the third quarter. Mirabella Financial Services LLP now owns 30,340 shares of the RV manufacturer’s stock valued at $3,140,000 after purchasing an additional 11,965 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

About Thor Industries

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.