THOR Industries (NYSE:THO) Lowered to Strong Sell Rating by KeyCorp

KeyCorp downgraded shares of THOR Industries (NYSE:THO) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday morning,Zacks.com reports. KeyCorp also issued estimates for THOR Industries’ Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.23 EPS and Q4 2026 earnings at $1.84 EPS.

THO has been the subject of several other research reports. StockNews.com raised shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and upped their target price for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. DA Davidson dropped their target price on shares of THOR Industries from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Finally, BMO Capital Markets dropped their target price on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $93.00.

THOR Industries Stock Performance

THO opened at $80.33 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The firm has a fifty day moving average price of $96.39 and a 200 day moving average price of $102.20. THOR Industries has a 1 year low of $75.78 and a 1 year high of $118.85. The stock has a market cap of $4.27 billion, a P/E ratio of 20.54, a P/E/G ratio of 1.16 and a beta of 1.74.

THOR Industries (NYSE:THO) last issued its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. THOR Industries’s revenue was down 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. Equities research analysts anticipate that THOR Industries will post 4.64 earnings per share for the current year.

Institutional Investors Weigh In On THOR Industries

A number of hedge funds have recently modified their holdings of the company. ACR Alpine Capital Research LLC grew its holdings in shares of THOR Industries by 40.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 2,142,966 shares of the construction company’s stock valued at $205,103,000 after purchasing an additional 619,318 shares during the period. Timucuan Asset Management Inc. FL grew its holdings in shares of THOR Industries by 16.2% in the fourth quarter. Timucuan Asset Management Inc. FL now owns 2,038,765 shares of the construction company’s stock valued at $195,130,000 after purchasing an additional 283,744 shares during the period. State Street Corp grew its holdings in shares of THOR Industries by 2.1% in the third quarter. State Street Corp now owns 1,624,002 shares of the construction company’s stock valued at $178,462,000 after purchasing an additional 33,619 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of THOR Industries by 37.7% in the third quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company’s stock valued at $165,078,000 after purchasing an additional 411,466 shares during the period. Finally, Madison Investment Advisors LLC purchased a new stake in shares of THOR Industries in the fourth quarter valued at about $95,688,000. Hedge funds and other institutional investors own 96.71% of the company’s stock.

About THOR Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.