Thor Industries Inc. (NYSE:THO) shares hit a new 52-week high on Thursday . The stock traded as high as $78.15 and last traded at $78.03, with a volume of 159,255 shares trading hands. The stock had previously closed at $76.60.

Several research analysts have weighed in on THO shares. Wellington Shields upgraded Thor Industries from a “hold” rating to a “gradually accumulate” rating in a research note on Monday, June 27th. Zacks Investment Research upgraded Thor Industries from a “hold” rating to a “buy” rating and set a $84.00 target price on the stock in a research note on Wednesday, August 3rd. SunTrust Banks Inc. upgraded Thor Industries from a “neutral” rating to a “buy” rating and lifted their target price for the company from $65.00 to $90.00 in a research note on Friday, July 29th. BMO Capital Markets downgraded Thor Industries from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $72.00 to $67.00 in a research note on Wednesday, June 8th. They noted that the move was a valuation call. Finally, Wunderlich lifted their target price on Thor Industries from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $74.33.

The firm’s 50 day moving average price is $72.55 and its 200-day moving average price is $63.50. The firm has a market cap of $4.09 billion and a PE ratio of 16.91.

Thor Industries (NYSE:THO) last issued its quarterly earnings results on Monday, June 6th. The company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.08. The business earned $1.28 billion during the quarter, compared to analysts’ expectations of $1.29 billion. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.19 EPS. Analysts anticipate that Thor Industries Inc. will post $4.68 EPS for the current year.

A number of hedge funds have recently made changes to their positions in the stock. Airain ltd boosted its stake in shares of Thor Industries by 104.7% in the fourth quarter. Airain ltd now owns 17,941 shares of the company’s stock valued at $1,007,000 after buying an additional 9,178 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Thor Industries by 219.6% in the fourth quarter. Advisors Asset Management Inc. now owns 23,437 shares of the company’s stock valued at $1,316,000 after buying an additional 16,104 shares during the last quarter. US Bancorp DE boosted its stake in shares of Thor Industries by 8.5% in the fourth quarter. US Bancorp DE now owns 38,411 shares of the company’s stock valued at $2,157,000 after buying an additional 3,006 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Thor Industries by 137.2% in the fourth quarter. Bank of Montreal Can now owns 41,154 shares of the company’s stock valued at $2,310,000 after buying an additional 23,805 shares during the last quarter. Finally, Dean Investment Associates LLC boosted its stake in shares of Thor Industries by 61.3% in the fourth quarter. Dean Investment Associates LLC now owns 71,370 shares of the company’s stock valued at $4,007,000 after buying an additional 27,125 shares during 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.

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