Thor Industries, Inc. (NYSE:THO) Given Average Rating of “Hold” by Analysts

Shares of Thor Industries, Inc. (NYSE:THO) have been given a consensus recommendation of “Hold” by the fourteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $92.3333.

Several analysts recently issued reports on THO shares. Truist Financial decreased their target price on Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a research note on Wednesday, July 8th. Citigroup cut their price objective on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating for the company in a report on Friday, July 24th. BNP Paribas Exane assumed coverage on shares of Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating on the stock. Roth Capital set a $78.00 target price on shares of Thor Industries in a report on Thursday, June 4th. Finally, Zacks Research lowered shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th.

Hedge Funds Weigh In On Thor Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in shares of Thor Industries by 433.3% during the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after acquiring an additional 5,737 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Thor Industries in the first quarter valued at $269,000. Empowered Funds LLC bought a new stake in Thor Industries in the first quarter worth $1,177,000. Focus Partners Wealth bought a new stake in Thor Industries in the first quarter worth $255,000. Finally, Prudential Financial Inc. raised its stake in Thor Industries by 20.4% during the second quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock valued at $491,000 after purchasing an additional 937 shares in the last quarter. 96.71% of the stock is owned by institutional investors.

Thor Industries Trading Down 0.1%

Shares of THO stock opened at $79.51 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. The stock has a fifty day simple moving average of $76.09 and a two-hundred day simple moving average of $85.00. The firm has a market capitalization of $4.14 billion, a PE ratio of 34.42, a PEG ratio of 1.55 and a beta of 1.33. Thor Industries has a 52-week low of $69.71 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. Thor Industries’s revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, analysts predict that Thor Industries will post 3.2 EPS for the current fiscal year.

Thor Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.

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.