Thor Industries (NYSE:THO) Reaches New 1-Year High – Time to Buy?

Shares of Thor Industries, Inc. (NYSE:THO) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $120.10 and last traded at $119.60, with a volume of 19227 shares changing hands. The stock had previously closed at $118.23.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on THO shares. Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. Loop Capital set a $133.00 price objective on Thor Industries in a research note on Tuesday, January 13th. Citigroup raised their target price on Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Truist Financial upped their price target on Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. Finally, UBS Group set a $97.00 price objective on Thor Industries in a report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Thor Industries presently has an average rating of “Hold” and an average target price of $107.20.

Thor Industries Price Performance

The stock has a fifty day moving average of $108.18 and a 200-day moving average of $105.06. The firm has a market capitalization of $6.36 billion, a P/E ratio of 37.80, a PEG ratio of 2.07 and a beta of 1.41. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The firm had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the company posted ($0.03) EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a $0.52 dividend. The ex-dividend date was Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.7%. Thor Industries’s dividend payout ratio (DPR) is currently 65.62%.

Insiders Place Their Bets

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the transaction, the chief operating officer directly owned 104,109 shares in the company, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 4.70% of the company’s stock.

Institutional Investors Weigh In On Thor Industries

Several institutional investors have recently modified their holdings of THO. Hantz Financial Services Inc. boosted its stake in Thor Industries by 2,463.6% in the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after acquiring an additional 271 shares during the last quarter. Country Trust Bank raised its position in shares of Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after acquiring an additional 100 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Thor Industries in the 3rd quarter valued at $27,000. V Square Quantitative Management LLC acquired a new position in shares of Thor Industries in the 4th quarter valued at $29,000. Finally, Curio Wealth LLC boosted its position in shares of Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Company Profile

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.