Thor Industries Inc. (NYSE:THO) shares hit a new 52-week high on Thursday . The company traded as high as $77.27 and last traded at $77.06, with a volume of 309,167 shares trading hands. The stock had previously closed at $75.75.

A number of research analysts recently weighed in on THO shares. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a research note on Wednesday. BMO Capital Markets downgraded shares of Thor Industries from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $72.00 to $67.00 in a report on Wednesday, June 8th. They noted that the move was a valuation call. Wunderlich increased their price objective on shares of Thor Industries from $70.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 7th. SunTrust Banks Inc. upgraded shares of Thor Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $65.00 to $90.00 in a report on Friday, July 29th. Finally, Wellington Shields upgraded shares of Thor Industries from a “hold” rating to a “gradually accumulate” rating in a report on Monday, June 27th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $74.33.

The stock has a 50 day moving average price of $70.08 and a 200 day moving average price of $62.32. The stock has a market capitalization of $4.05 billion and a price-to-earnings ratio of 16.74.

Thor Industries (NYSE:THO) last issued its quarterly earnings results on Monday, June 6th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.08. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.29 billion. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.19 earnings per share. Analysts forecast that Thor Industries Inc. will post $4.68 earnings per share for the current fiscal year.

Several hedge funds and institutional investors have recently modified their holdings of the company. Airain ltd raised its position in shares of Thor Industries by 104.7% in the fourth quarter. Airain ltd now owns 17,941 shares of the company’s stock worth $1,007,000 after buying an additional 9,178 shares during the period. PNC Financial Services Group Inc. increased its stake in Thor Industries by 83.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 20,782 shares of the company’s stock worth $1,167,000 after buying an additional 9,450 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Thor Industries by 219.6% in the fourth quarter. Advisors Asset Management Inc. now owns 23,437 shares of the company’s stock worth $1,316,000 after buying an additional 16,104 shares in the last quarter. US Bancorp DE increased its stake in Thor Industries by 8.5% in the fourth quarter. US Bancorp DE now owns 38,411 shares of the company’s stock worth $2,157,000 after buying an additional 3,006 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Thor Industries by 137.2% in the fourth quarter. Bank of Montreal Can now owns 41,154 shares of the company’s stock worth $2,310,000 after buying an additional 23,805 shares in the last quarter.

Thor Industries, Inc (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.