Thor Industries, Inc. (NYSE:THO) Receives Consensus Recommendation of “Hold” from Analysts

Thor Industries, Inc. (NYSE:THO) has been given a consensus rating of “Hold” by the thirteen brokerages that are currently covering the company, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $107.20.

A number of equities analysts have issued reports on THO shares. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a research note on Monday, October 27th. Robert W. Baird lifted their target price on Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Loop Capital set a $133.00 price target on Thor Industries in a research report on Tuesday, January 13th. Wall Street Zen raised shares of Thor Industries from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Finally, DA Davidson reiterated a “neutral” rating and issued a $102.00 target price on shares of Thor Industries in a research note on Thursday, December 4th.

Thor Industries Price Performance

Shares of THO opened at $114.78 on Tuesday. The business’s fifty day moving average is $110.56 and its 200 day moving average is $106.58. Thor Industries has a 12-month low of $63.15 and a 12-month high of $122.83. 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 stock has a market cap of $6.06 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.10 and a beta of 1.40.

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

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Stockholders of record on Monday, January 5th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, January 5th. Thor Industries’s payout ratio is presently 65.62%.

Insider Activity at Thor Industries

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the business’s 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 approximately $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.70% of the company’s stock.

Institutional Trading of Thor Industries

Several hedge funds have recently added to or reduced their stakes in THO. Parallel Advisors LLC increased its position in Thor Industries by 16.9% in the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after buying an additional 90 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Thor Industries by 3.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock worth $276,000 after acquiring an additional 99 shares during the period. BNP Paribas Financial Markets increased its holdings in Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock worth $539,000 after acquiring an additional 99 shares during the last quarter. Country Trust Bank increased 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 worth $27,000 after acquiring an additional 100 shares during the last quarter. Finally, Cibc World Market Inc. raised its stake in Thor Industries by 0.7% in the 3rd quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock valued at $1,532,000 after acquiring an additional 104 shares during the period. 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.