Thor Industries (NYSE:THO) Price Target Lowered to $80.00 at Robert W. Baird

Thor Industries (NYSE:THO) had its price target cut by stock analysts at Robert W. Baird from $90.00 to $80.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the RV manufacturer’s stock. Robert W. Baird’s price target indicates a potential upside of 7.34% from the company’s previous close.

Several other research analysts also recently commented on the stock. Bank of America reduced their price target on shares of Thor Industries from $96.00 to $86.00 and set a “buy” rating on the stock in a research note on Monday. Wall Street Zen downgraded shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday. Loop Capital raised their target price on shares of Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Roth Capital set a $78.00 price target on shares of Thor Industries in a research note on Thursday, June 4th. Finally, Truist Financial reduced their price objective on Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $85.33.

Thor Industries Stock Performance

Shares of NYSE:THO opened at $74.53 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. Thor Industries has a 12 month low of $67.31 and a 12 month high of $122.83. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 1.54 and a beta of 1.34. The firm’s 50-day moving average is $76.25 and its 200 day moving average is $77.18.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, September 22nd. The RV manufacturer reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.10). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the business earned $2.36 EPS. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. Research analysts predict that Thor Industries will post 3.21 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in THO. Allworth Financial LP purchased a new stake in shares of Thor Industries during the 2nd quarter worth $26,000. Curio Wealth LLC purchased a new position in Thor Industries in the fourth quarter valued at about $36,000. Northwestern Mutual Wealth Management Co. purchased a new position in Thor Industries in the second quarter valued at about $52,000. Huntington National Bank grew its stake in Thor Industries by 36.5% in the fourth quarter. Huntington National Bank now owns 916 shares of the RV manufacturer’s stock valued at $94,000 after purchasing an additional 245 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Thor Industries by 66.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,636 shares of the RV manufacturer’s stock worth $168,000 after purchasing an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Key Headlines Impacting Thor Industries

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

• Positive Sentiment: Revenue totaled $2.31 billion, exceeding analysts’ expectations of approximately $2.17 billion. However, sales still declined 8.4% year over year. Thor Industries Shares Fall 2% as Q4 Earnings Miss Estimates Despite Revenue Beat
• Positive Sentiment: Thor repurchased $34.3 million of stock during the quarter and $115.1 million during fiscal 2026, while also reducing debt by $59.7 million. Its liquidity and balance sheet provide flexibility during the industry downturn. Thor Industries Fiscal 2026 Results
• Positive Sentiment: The European segment remained relatively resilient, with fiscal-year sales rising 3.1% on a constant-currency basis. Dealer inventory turns also improved sequentially, and inventory levels were described as healthy entering fiscal 2027. Challenging Headwinds Impact THOR Industries
• Positive Sentiment: Keystone RV reported its strongest retail performance at the Hershey RV Show since before the pandemic, offering a potentially encouraging demand signal for Thor’s brands. Keystone RV Breaks Multiple Sales Records
• Neutral Sentiment: Thor delayed providing a fiscal 2027 outlook, limiting visibility for investors while management assesses market conditions. THOR Industries Delays Fiscal 2027 Outlook
• Negative Sentiment: Quarterly EPS was $0.78, below consensus estimates ranging from $0.88 to $0.93 and down sharply from $2.36 a year earlier. Net income fell 67.5% to $40.8 million. Thor Industries Q4 Earnings Lag Estimates
• Negative Sentiment: Gross margin contracted to 12.4% from 14.7%, while full-year EPS declined 30.2% to $3.38. Management expects weak consumer demand and other economic headwinds to continue into fiscal 2027, particularly in North America. Thor Industries Faces More Fiscal 2027 Headwinds
• Negative Sentiment: Bank of America lowered its price target from $96 to $86, although it retained a Buy rating, reflecting reduced near-term expectations. BofA Lowers Thor Industries Price Target

Thor Industries Company Profile

Thor Industries, Inc is a manufacturer of recreational vehicles (RVs) and related products. The company produces towable RVs, including travel trailers and fifth-wheel trailers, as well as motorized RVs such as Class A, Class B and Class C motorhomes. Its portfolio includes well-known brands such as Airstream, Jayco, Entegra Coach, Keystone, Dutchmen, Tiffin and CrossRoads.

Thor also owns Erwin Hymer Group, a major European recreational-vehicle manufacturer whose brands include HYMER, Dethleffs, Bürstner, LMC, Carado and Sunlight.