Analysts Set Thor Industries, Inc. (NYSE:THO) Target Price at $92.33

Shares of Thor Industries, Inc. (NYSE:THO) have earned an average rating of “Hold” from the fourteen ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $92.3333.

Several equities analysts have recently commented on the company. Argus upgraded Thor Industries to a “hold” rating in a research report on Friday, June 12th. BMO Capital Markets decreased their target price on Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. BNP Paribas Exane started coverage on Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating on the stock. Truist Financial reduced their price objective on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a research report on Wednesday, July 8th. Finally, Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a report on Friday, June 12th.

Institutional Trading of Thor Industries

A number of large investors have recently made changes to their positions in THO. V Square Quantitative Management LLC purchased a new position in Thor Industries in the fourth quarter worth about $29,000. Curio Wealth LLC purchased a new stake in Thor Industries during the fourth quarter valued at approximately $36,000. Allworth Financial LP bought a new stake in shares of Thor Industries in the 2nd quarter valued at approximately $26,000. Danske Bank A S purchased a new position in shares of Thor Industries in the 3rd quarter worth approximately $41,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Thor Industries during the 4th quarter valued at approximately $51,000. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Stock Up 0.1%

Shares of THO stock opened at $78.97 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. Thor Industries has a one year low of $69.71 and a one year high of $122.83. The company’s fifty day moving average price is $76.27 and its 200-day moving average price is $84.18. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.54 and a beta of 1.33.

Thor Industries (NYSE:THO) last issued its earnings results 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). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The firm had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the prior year, the company posted $2.53 EPS. The company’s quarterly revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Sell-side analysts expect that Thor Industries will post 3.22 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s dividend payout ratio (DPR) is presently 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.