Thor Industries, Inc. (NYSE:THO) Given Average Rating of “Hold” by Brokerages

Thor Industries, Inc. (NYSE:THO) has earned an average rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Eleven equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $105.60.

A number of brokerages have recently issued reports on THO. BNP Paribas Exane began coverage on shares of Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating on the stock. Loop Capital set a $133.00 target price on shares of Thor Industries in a report on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Citigroup dropped their target price on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. Finally, Seaport Research Partners started coverage on shares of Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating on the stock.

Thor Industries Stock Up 0.3%

Shares of THO stock opened at $77.19 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The firm’s 50-day moving average is $81.74 and its 200-day moving average is $98.72. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.54 and a beta of 1.34. Thor Industries has a 52-week low of $73.36 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last issued its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. Thor Industries’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Sell-side analysts predict that Thor Industries will post 3.75 EPS for the current year.

Thor Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th 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 Monday, April 6th. Thor Industries’s dividend payout ratio is currently 64.60%.

Insiders Place Their Bets

In related news, Director Peter Busch Orthwein purchased 2,600 shares of the stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $88.25 per share, with a total value of $229,450.00. Following the acquisition, the director directly owned 139,000 shares in the company, valued at $12,266,750. The trade was a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 4.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of THO. Foster Dykema Cabot & Partners LLC bought a new position in Thor Industries in the 3rd quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in Thor Industries in the 4th quarter valued at about $29,000. Curio Wealth LLC bought a new position in Thor Industries in the 4th quarter valued at about $36,000. Danske Bank A S bought a new position in Thor Industries in the 3rd quarter valued at about $41,000. Finally, eCIO Inc. bought a new position in Thor Industries in the 4th quarter valued at about $49,000. 96.71% of the stock is owned by institutional investors.

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.