Thor Industries (NYSE:THO)‘s stock had its “hold” rating restated by TD Securities in a research report issued on Monday, Stock Target Advisor reports.

A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Friday, August 31st. Northcoast Research reaffirmed a “buy” rating on shares of Thor Industries in a research note on Friday, August 17th. ValuEngine raised shares of Thor Industries from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 19th. Sidoti reduced their price target on shares of Thor Industries from $148.00 to $144.00 and set a “buy” rating for the company in a research note on Friday, August 10th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $95.00 price target on shares of Thor Industries in a research note on Monday, October 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $118.57.

Shares of NYSE:THO opened at $64.66 on Monday. The company has a market capitalization of $3.55 billion, a PE ratio of 7.56 and a beta of 1.42. Thor Industries has a twelve month low of $63.48 and a twelve month high of $161.48. The company has a quick ratio of 1.01, a current ratio of 1.71 and a debt-to-equity ratio of 0.04.

Thor Industries (NYSE:THO) last issued its quarterly earnings results on Thursday, September 20th. The construction company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $2.03 by ($0.36). The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. Thor Industries had a return on equity of 24.97% and a net margin of 5.16%. The company’s revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.26 earnings per share. Equities analysts forecast that Thor Industries will post 8.14 earnings per share for the current year.

In other Thor Industries news, Director James L. Ziemer bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 9th. The stock was acquired at an average cost of $81.74 per share, with a total value of $408,700.00. Following the completion of the purchase, the director now directly owns 14,000 shares in the company, valued at $1,144,360. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 4.20% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. WESCAP Management Group Inc. raised its holdings in shares of Thor Industries by 3.1% during the second quarter. WESCAP Management Group Inc. now owns 18,808 shares of the construction company’s stock valued at $1,831,000 after acquiring an additional 565 shares during the period. Aperio Group LLC raised its holdings in shares of Thor Industries by 3.0% during the third quarter. Aperio Group LLC now owns 23,206 shares of the construction company’s stock valued at $1,942,000 after acquiring an additional 667 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in shares of Thor Industries by 1.2% during the third quarter. State Board of Administration of Florida Retirement System now owns 62,074 shares of the construction company’s stock valued at $5,196,000 after acquiring an additional 728 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Thor Industries by 28.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,340 shares of the construction company’s stock valued at $325,000 after acquiring an additional 749 shares during the period. Finally, Investec Asset Management LTD raised its holdings in shares of Thor Industries by 2.0% during the second quarter. Investec Asset Management LTD now owns 39,174 shares of the construction company’s stock valued at $3,815,000 after acquiring an additional 781 shares during the period. 90.58% of the stock is owned by institutional investors and hedge funds.

Thor Industries Company Profile

Thor Industries, Inc, through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States and Canada. It operates in two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, Basecamp, and Nest travel trade names, as well as Interstate series of Class B motorhomes; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.

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Analyst Recommendations for Thor Industries (NYSE:THO)

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