Thor Industries (NYSE:THO) Now Covered by Analysts at BNP Paribas Exane

Equities researchers at BNP Paribas Exane assumed coverage on shares of Thor Industries (NYSE:THO) in a report issued on Monday. The brokerage set a “neutral” rating on the RV manufacturer’s stock.

Other research analysts have also recently issued research reports about the company. Truist Financial decreased their target price on Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Wall Street Zen lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Citigroup lowered their price objective on Thor Industries from $116.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. Finally, BMO Capital Markets lowered their price objective on shares of Thor Industries from $125.00 to $120.00 and set an “outperform” rating for the company in a research note on Friday. Three investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $105.60.

Thor Industries Price Performance

Thor Industries stock opened at $80.59 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.73. Thor Industries has a one year low of $66.84 and a one year high of $122.83. The firm has a market cap of $4.24 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 1.57 and a beta of 1.45. The stock’s fifty day moving average price is $90.44 and its two-hundred day moving average price is $100.91.

Thor Industries (NYSE:THO) last posted its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. Thor Industries’s revenue for the quarter was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research analysts expect that Thor Industries will post 4.64 EPS for the current fiscal year.

Insider Buying and Selling at Thor Industries

In other news, Director Peter Busch Orthwein purchased 2,600 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the acquisition, the director owned 139,000 shares in the company, valued at $12,266,750. This trade represents a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 4.70% of the stock is owned by insiders.

Institutional Trading of Thor Industries

A number of hedge funds have recently bought and sold shares of the business. Choreo LLC raised its position in Thor Industries by 9.9% in the fourth quarter. Choreo LLC now owns 394,513 shares of the RV manufacturer’s stock worth $41,128,000 after acquiring an additional 35,655 shares during the period. WINTON GROUP Ltd lifted its position in shares of Thor Industries by 115.9% during the third quarter. WINTON GROUP Ltd now owns 57,262 shares of the RV manufacturer’s stock worth $5,937,000 after acquiring an additional 30,740 shares in the last quarter. Natixis Advisors LLC boosted its stake in Thor Industries by 5.4% in the 3rd quarter. Natixis Advisors LLC now owns 686,278 shares of the RV manufacturer’s stock worth $71,160,000 after purchasing an additional 35,294 shares during the period. Mirabella Financial Services LLP boosted its position in shares of Thor Industries by 65.1% in the third quarter. Mirabella Financial Services LLP now owns 30,340 shares of the RV manufacturer’s stock valued at $3,140,000 after acquiring an additional 11,965 shares during the period. Finally, Triad Investment Management bought a new position in Thor Industries in the 4th quarter valued at $4,276,000. 96.71% of the stock is currently owned by institutional investors.

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.