Thor Industries, Inc. (NYSE:THO) Receives Average Recommendation of “Hold” from Analysts

Shares of Thor Industries, Inc. (NYSE:THO) have earned an average recommendation of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $92.4444.

A number of equities analysts recently commented on THO shares. Benchmark reiterated a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. DA Davidson decreased their target price on Thor Industries from $100.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, June 15th. Roth Capital set a $78.00 price target on Thor Industries in a research note on Thursday, June 4th. Bank of America cut their price target on Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Finally, Truist Financial decreased their price objective on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a report on Wednesday, July 8th.

Institutional Investors Weigh In On Thor Industries

A number of institutional investors have recently made changes to their positions in the company. ACR Alpine Capital Research LLC grew its position in shares of Thor Industries by 18.6% in the first quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer’s stock valued at $391,711,000 after purchasing an additional 769,342 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Thor Industries by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer’s stock valued at $251,375,000 after purchasing an additional 96,080 shares during the period. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries in the 4th quarter valued at $255,482,000. Capital Research Global Investors grew its holdings in Thor Industries by 3.2% in the 4th quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after buying an additional 48,466 shares in the last quarter. Finally, Balyasny Asset Management L.P. increased its position in Thor Industries by 130.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer’s stock worth $111,011,000 after buying an additional 611,639 shares during the period. Institutional investors own 96.71% of the company’s stock.

Thor Industries Stock Performance

NYSE THO opened at $77.45 on Friday. The firm has a market capitalization of $4.03 billion, a P/E ratio of 33.53, a price-to-earnings-growth ratio of 1.99 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. The firm’s fifty day moving average price is $75.72 and its two-hundred day moving average price is $88.80. Thor Industries has a 1 year low of $69.71 and a 1 year high of $122.83.

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

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s dividend payout ratio is currently 90.04%.

About Thor Industries

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.