Brokerages Set Thor Industries, Inc. (NYSE:THO) Target Price at $92.44

Shares of Thor Industries, Inc. (NYSE:THO) have been given a consensus recommendation of “Hold” by the fifteen analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $92.4444.

Several research firms have recently weighed in on THO. Zacks Research cut Thor Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 5th. Truist Financial dropped their price objective on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating for the company in a report on Wednesday, July 8th. Benchmark reiterated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Seaport Research Partners began coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. Finally, Bank of America decreased their price target on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research report on Thursday, June 4th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of THO. V Square Quantitative Management LLC bought a new stake in shares of Thor Industries in the 4th quarter valued at about $29,000. Curio Wealth LLC bought a new position in shares of Thor Industries during the fourth quarter worth about $36,000. Danske Bank A S bought a new position in shares of Thor Industries during the third quarter worth about $41,000. eCIO Inc. acquired a new position in shares of Thor Industries in the fourth quarter worth approximately $49,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Thor Industries in the fourth quarter worth approximately $51,000. 96.71% of the stock is owned by institutional investors.

Thor Industries Stock Down 0.0%

Shares of THO opened at $76.27 on Friday. Thor Industries has a 52 week low of $69.71 and a 52 week high of $122.83. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 2.02 and a beta of 1.33. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. The stock has a fifty day moving average of $75.70 and a 200-day moving average of $88.60.

Thor Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the prior year, the firm earned $2.53 EPS. The company’s revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, sell-side analysts anticipate that Thor Industries will post 3.2 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Thor Industries’s payout ratio is currently 90.04%.

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.