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

Shares of Thor Industries, Inc. (NYSE:THO) have received a consensus rating of “Hold” from the fifteen analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $92.4444.

Several research analysts recently weighed in on THO shares. Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Argus upgraded Thor Industries to a “hold” rating in a report on Friday, June 12th. Roth Capital set a $78.00 price objective on Thor Industries in a research note on Thursday, June 4th. Seaport Research Partners started coverage on Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Finally, BNP Paribas Exane started coverage on Thor Industries in a research report on Monday, April 20th. They issued a “neutral” rating on the stock.

Thor Industries Price Performance

Thor Industries stock opened at $75.18 on Friday. The stock has a market capitalization of $3.91 billion, a P/E ratio of 32.55, a P/E/G ratio of 2.06 and a beta of 1.33. The company’s fifty day moving average price is $75.75 and its 200 day moving average price is $87.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. Thor Industries has a 1 year low of $69.71 and a 1 year high of $122.83.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the company posted $2.53 earnings per share. The business’s 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. As a group, equities research analysts anticipate that Thor Industries will post 3.2 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s dividend payout ratio is currently 90.04%.

Institutional Investors Weigh In On Thor Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in THO. Parallel Advisors LLC lifted its stake in Thor Industries by 16.9% in the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after purchasing an additional 90 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Thor Industries by 1.7% in the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after purchasing an additional 99 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its position in shares of Thor Industries by 0.3% in the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock valued at $3,089,000 after purchasing an additional 104 shares in the last quarter. CWM LLC increased its holdings in shares of Thor Industries by 18.9% in the fourth quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock valued at $82,000 after purchasing an additional 126 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its position in Thor Industries by 5.9% during the fourth quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after buying an additional 136 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

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.