Thor Industries Inc. (NYSE:THO)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $79.17, but opened at $79.46. Thor Industries shares last traded at $79.92, with a volume of 217,199 shares.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th. BMO Capital Markets downgraded shares of Thor Industries from an “outperform” rating to a “market perform” rating and decreased their price target 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. Wunderlich lifted their price target on shares of Thor Industries from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 7th. Wellington Shields raised shares of Thor Industries from a “hold” rating to a “gradually accumulate” rating in a research note on Monday, June 27th. Finally, SunTrust Banks Inc. raised shares of Thor Industries from a “neutral” rating to a “buy” rating and lifted their price target for the company from $65.00 to $90.00 in a research note on Friday, July 29th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $74.33.

The firm has a market capitalization of $4.22 billion and a PE ratio of 17.45. The stock’s 50-day moving average price is $75.58 and its 200 day moving average price is $65.19.

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

A number of large investors have recently made changes to their positions in THO. Dimensional Fund Advisors LP boosted its stake in shares of Thor Industries by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,255,413 shares of the company’s stock valued at $70,494,000 after buying an additional 56,080 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Thor Industries by 3.0% in the fourth quarter. Wells Fargo & Company MN now owns 205,263 shares of the company’s stock valued at $11,525,000 after buying an additional 6,046 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. Finally, 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.

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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