Analysts Set Thor Industries, Inc. (NYSE:THO) PT at $107.20

Shares of Thor Industries, Inc. (NYSE:THO) have earned an average recommendation of “Hold” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Ten analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $107.20.

A number of equities research analysts have issued reports on the stock. Raymond James Financial raised shares of Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Truist Financial increased their price objective on shares of Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. UBS Group set a $97.00 target price on Thor Industries in a report on Thursday, December 4th. Roth Mkm increased their price objective on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, DA Davidson restated a “neutral” rating and set a $102.00 price objective on shares of Thor Industries in a research report on Thursday, December 4th.

Insider Transactions at Thor Industries

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the firm’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 sale, the chief operating officer directly owned 104,109 shares of the company’s stock, valued at $11,955,877.56. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

Several institutional investors and hedge funds have recently modified their holdings of the company. XTX Topco Ltd raised its position in shares of Thor Industries by 199.7% in the 2nd quarter. XTX Topco Ltd now owns 10,953 shares of the RV manufacturer’s stock worth $973,000 after buying an additional 7,298 shares during the period. AXQ Capital LP acquired a new stake in Thor Industries during the second quarter worth about $524,000. Ontario Teachers Pension Plan Board purchased a new position in shares of Thor Industries in the 2nd quarter worth about $556,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Thor Industries by 40.4% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,358 shares of the RV manufacturer’s stock valued at $5,183,000 after purchasing an additional 16,785 shares in the last quarter. Finally, Oak Thistle LLC grew its holdings in shares of Thor Industries by 870.9% during the 3rd quarter. Oak Thistle LLC now owns 31,410 shares of the RV manufacturer’s stock worth $3,257,000 after purchasing an additional 28,175 shares during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Thor Industries Trading Down 1.9%

Shares of Thor Industries stock opened at $113.26 on Tuesday. The company has a current ratio of 1.81, a quick ratio of 0.83 and a debt-to-equity ratio of 0.21. The company has a market cap of $5.98 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 2.12 and a beta of 1.41. Thor Industries has a 1 year low of $63.15 and a 1 year high of $122.83. The company’s fifty day simple moving average is $111.15 and its 200-day simple moving average is $106.85.

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

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were paid a $0.52 dividend. The ex-dividend date of this dividend was Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.8%. Thor Industries’s payout ratio is presently 65.62%.

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.