Thor Industries, Inc. (NYSE:THO) Receives $106.10 Average PT from Brokerages

Shares of Thor Industries, Inc. (NYSE:THO) have been given an average rating of “Hold” by the thirteen analysts that are covering the stock, MarketBeat reports. Ten analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $106.10.

Several equities research analysts have issued reports on the company. Roth Mkm raised their price target on Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Truist Financial decreased their price objective on shares of Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Citigroup dropped their price objective on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. Robert W. Baird raised their target price on shares of Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Finally, BMO Capital Markets reduced their target price on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th.

Insider Activity

In related news, Director Peter Busch Orthwein acquired 2,600 shares of the business’s stock in a transaction on Friday, March 6th. The stock was purchased at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the transaction, the director directly owned 139,000 shares of the company’s stock, valued at approximately $12,266,750. The trade was a 1.91% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction that occurred 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 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 disclosure for this sale is available in the SEC filing. 4.70% of the stock is owned by corporate insiders.

Institutional Trading of Thor Industries

Institutional investors have recently added to or reduced their stakes in the company. Country Trust Bank grew its holdings in Thor Industries by 50.0% in the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after buying an additional 100 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Thor Industries during the third quarter worth $27,000. V Square Quantitative Management LLC acquired a new stake in shares of Thor Industries during the fourth quarter worth $29,000. MAI Capital Management boosted its position 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 acquiring an additional 236 shares during the period. Finally, Curio Wealth LLC acquired a new position in shares of Thor Industries in the fourth quarter valued at about $36,000. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Trading Up 1.5%

Shares of NYSE:THO opened at $83.60 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The company has a 50-day simple moving average of $107.32 and a 200 day simple moving average of $105.63. The company has a market capitalization of $4.40 billion, a P/E ratio of 25.96, a price-to-earnings-growth ratio of 1.57 and a beta of 1.43. Thor Industries has a 52-week low of $63.15 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last issued its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, topping the consensus estimate of $0.03 by $0.31. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Sell-side analysts forecast that Thor Industries will post 4.64 earnings per share for the current year.

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.