Thor Industries (NYSE:THO) Price Target Lowered to $100.00 at DA Davidson

Thor Industries (NYSE:THO) had its target price reduced by research analysts at DA Davidson from $102.00 to $100.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the RV manufacturer’s stock. DA Davidson’s price objective suggests a potential upside of 11.10% from the company’s current price.

Other research analysts have also recently issued reports about the company. UBS Group set a $97.00 target price on Thor Industries in a research report on Thursday, December 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Robert W. Baird upped their target price on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Citigroup cut their price target on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $106.40.

Thor Industries Stock Performance

THO stock traded down $0.36 during trading on Wednesday, reaching $90.01. 407,742 shares of the stock were exchanged, compared to its average volume of 588,980. Thor Industries has a twelve month low of $63.15 and a twelve month high of $122.83. 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 capitalization of $4.76 billion, a P/E ratio of 28.39, a price-to-earnings-growth ratio of 1.75 and a beta of 1.43. The stock has a 50 day simple moving average of $110.76 and a 200-day simple moving average of $107.08.

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 the consensus estimate of $0.03 by $0.31. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the prior year, the firm posted ($0.01) EPS. The company’s revenue for the quarter was up 5.3% 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 anticipate that Thor Industries will post 4.64 earnings per share for the current year.

Insider Activity at Thor Industries

In related news, COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was 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 in the company, valued at $11,955,877.56. This represents a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Thor Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its position in Thor Industries by 433.3% in the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock valued at $535,000 after buying an additional 5,737 shares during the last quarter. United Services Automobile Association bought a new position in Thor Industries in the first quarter valued at about $269,000. Empowered Funds LLC bought a new stake in Thor Industries during the 1st quarter worth about $1,177,000. Focus Partners Wealth acquired a new position in Thor Industries during the 1st quarter valued at about $255,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Thor Industries during the 2nd quarter worth approximately $215,000. Institutional investors and hedge funds own 96.71% of the company’s stock.

Key Stories Impacting Thor Industries

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Q2 results materially beat expectations — THO reported $0.34 EPS and $2.13B revenue (sales +5.3% Y/Y), surprising the Street and showing a return to profitability. Zacks: Q2 Earnings Surpass Expectations
• Positive Sentiment: Operational gains: motorized RVs and European units drove top‑line and adjusted EBITDA improvement; net income benefited from real‑estate gains and continued cost actions. PR Newswire: Fiscal 2026 Q2 Results
• Positive Sentiment: Some analysts remain constructive: BMO trimmed its target but kept an Outperform rating (significant implied upside vs. current levels). TickerReport: BMO target update
• Neutral Sentiment: Company confirmed a multi‑year restructuring/operating model shift and named a CIO — moves intended to improve long‑term efficiency but with short‑term execution risk. SGB Online: CIO appointment
• Neutral Sentiment: Management held FY2026 guidance at $3.75–$4.25 EPS and $9.0–$9.5B revenue — guidance was maintained rather than raised, leaving upside tied to execution and demand. PR Newswire: Guidance held
• Negative Sentiment: Citigroup cut its price target and lowered its stance to Neutral, reducing analyst support and likely weighing on sentiment. Benzinga: Citi target cut
• Negative Sentiment: Management warned of a “cloudy” consumer outlook — citing new tariffs, inflation and geopolitical risks — and noted margin pressure in towable RVs and Europe, which could compress near‑term profitability. WSJ: Cloudy consumer outlook
• Negative Sentiment: Guidance is slightly below consensus and margin headwinds were highlighted (towable segment weakness), creating a mixed outlook despite the beat — a likely reason the stock is trading down. Benzinga: Margins squeeze

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.