Thor Industries, Inc. (NYSE:THO) Receives $107.20 Average Price Target from Analysts

Shares of Thor Industries, Inc. (NYSE:THO) have been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the firm, MarketBeat reports. Ten equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $107.20.

THO has been the subject of several research reports. Truist Financial boosted their price target on shares of Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. Loop Capital set a $133.00 price target on Thor Industries in a research report on Tuesday, January 13th. Finally, Wall Street Zen upgraded Thor Industries from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th.

Thor Industries Stock Down 3.0%

Shares of THO opened at $114.45 on Friday. The company’s 50-day simple moving average is $106.20 and its 200-day simple moving average is $103.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. Thor Industries has a 1 year low of $63.15 and a 1 year high of $119.27. The stock has a market capitalization of $6.05 billion, a PE ratio of 36.10, a P/E/G ratio of 2.10 and a beta of 1.34.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 2.87% and a return on equity of 7.05%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.03) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Analysts forecast that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 19th. Stockholders of record on Monday, January 5th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, January 5th. Thor Industries’s payout ratio is 65.62%.

Insider Activity at Thor Industries

In related news, COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $114.84, for a total value of $524,474.28. Following the transaction, the chief operating officer owned 104,109 shares of the company’s stock, valued at $11,955,877.56. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 4.70% of the company’s stock.

Institutional Trading of Thor Industries

A number of institutional investors have recently bought and sold shares of the business. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Thor Industries in the 3rd quarter valued at about $27,000. V Square Quantitative Management LLC purchased a new stake in Thor Industries during the fourth quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its holdings in 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 increased its stake 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 last quarter. Finally, Curio Wealth LLC increased its stake in 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 during the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

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.