Thor Industries, Inc. (NYSE:THO) has been given an average recommendation of “Hold” by the thirteen ratings firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $73.40.
Several equities analysts have commented on the company. Northcoast Research raised Thor Industries from a “neutral” rating to a “buy” rating and set a $88.00 price objective for the company in a research report on Tuesday, January 14th. KeyCorp assumed coverage on Thor Industries in a research report on Monday, January 27th. They set an “overweight” rating and a $95.00 price objective for the company. Bank of America lowered their price objective on Thor Industries from $47.00 to $45.00 and set an “underperform” rating for the company in a research report on Tuesday, December 10th. ValuEngine downgraded Thor Industries from a “hold” rating to a “sell” rating in a report on Wednesday, November 20th. Finally, BMO Capital Markets raised their price target on Thor Industries from $59.00 to $62.00 and gave the company a “market perform” rating in a report on Tuesday, December 10th.
Several large investors have recently modified their holdings of the company. Thrivent Financial for Lutherans increased its holdings in shares of Thor Industries by 0.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 14,423 shares of the construction company’s stock valued at $1,071,000 after acquiring an additional 127 shares in the last quarter. Hanson & Doremus Investment Management increased its holdings in Thor Industries by 1.4% in the 4th quarter. Hanson & Doremus Investment Management now owns 11,482 shares of the construction company’s stock worth $853,000 after buying an additional 155 shares in the last quarter. CIBC World Markets Inc. increased its holdings in Thor Industries by 1.5% in the 4th quarter. CIBC World Markets Inc. now owns 12,409 shares of the construction company’s stock worth $922,000 after buying an additional 180 shares in the last quarter. Empirical Finance LLC increased its holdings in Thor Industries by 1.2% in the 4th quarter. Empirical Finance LLC now owns 15,716 shares of the construction company’s stock worth $1,168,000 after buying an additional 187 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its holdings in Thor Industries by 1.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the construction company’s stock worth $995,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 95.10% of the company’s stock.
Thor Industries stock traded down $0.27 on Friday, hitting $86.61. 33,024 shares of the stock traded hands, compared to its average volume of 788,701. The company has a current ratio of 1.38, a quick ratio of 0.75 and a debt-to-equity ratio of 0.84. The firm has a market cap of $4.80 billion, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 2.33 and a beta of 2.00. The business’s fifty day simple moving average is $78.29 and its 200 day simple moving average is $63.10. Thor Industries has a 1 year low of $42.05 and a 1 year high of $87.18.
Thor Industries (NYSE:THO) last announced its quarterly earnings data on Monday, December 9th. The construction company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.23 by $0.27. The business had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.23 billion. Thor Industries had a return on equity of 15.72% and a net margin of 2.06%. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.26 earnings per share. As a group, analysts predict that Thor Industries will post 5.97 earnings per share for the current year.
About Thor Industries
Thor Industries, Inc, through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States and Canada. It operates in two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, Basecamp, and Nest travel trade names, as well as Interstate series of Class B motorhomes; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.
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