Thor Industries, Inc. (NYSE:THO) Receives Consensus Rating of “Hold” from Brokerages

Thor Industries, Inc. (NYSE:THO) has been given an average rating of “Hold” by the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $92.3333.

Several research firms have recently commented on THO. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Argus upgraded shares of Thor Industries to a “hold” rating in a research report on Friday, June 12th. Seaport Research Partners assumed coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Citigroup decreased their price target on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Finally, Roth Capital set a $78.00 price target on shares of Thor Industries in a research note on Thursday, June 4th.

Thor Industries Price Performance

NYSE THO opened at $79.51 on Tuesday. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 34.42, a PEG ratio of 1.55 and a beta of 1.33. Thor Industries has a 1-year low of $69.71 and a 1-year high of $122.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. The business’s fifty day moving average price is $76.09 and its 200-day moving average price is $85.00.

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

Thor Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors 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 annualized dividend and a yield of 2.6%. Thor Industries’s payout ratio is 90.04%.

Institutional Trading of Thor Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of THO. ACR Alpine Capital Research LLC lifted its position in shares of Thor Industries by 18.6% during the 1st quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer’s stock valued at $391,711,000 after buying an additional 769,342 shares in the last quarter. BlackRock Inc. purchased a new stake in Thor Industries in the 2nd quarter worth approximately $363,258,000. Dimensional Fund Advisors LP raised its stake in Thor Industries by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer’s stock worth $251,375,000 after acquiring an additional 96,080 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in Thor Industries during the fourth quarter valued at approximately $255,482,000. Finally, Capital Research Global Investors lifted its holdings in Thor Industries by 3.2% during the fourth quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after purchasing an additional 48,466 shares in the last quarter. Hedge funds and other institutional investors 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.