Thor Industries, Inc. (NYSE:THO) has been assigned a consensus rating of “Hold” from the fifteen analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $127.33.
Several brokerages have recently commented on THO. Stifel Nicolaus set a $132.00 price target on shares of Thor Industries and gave the stock a “hold” rating in a research report on Friday, February 9th. BMO Capital Markets boosted their price objective on shares of Thor Industries to $150.00 and gave the company a “market perform” rating in a report on Tuesday, November 28th. Zacks Investment Research cut shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. Argus cut shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Friday, December 8th. Finally, Robert W. Baird restated a “buy” rating and set a $136.00 price objective on shares of Thor Industries in a report on Wednesday, November 1st.
Shares of Thor Industries (THO) traded up $1.07 during trading hours on Tuesday, hitting $125.90. 794,211 shares of the stock traded hands, compared to its average volume of 787,456. Thor Industries has a 12 month low of $87.96 and a 12 month high of $161.48. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.50. The firm has a market cap of $6,630.00, a PE ratio of 15.68 and a beta of 1.23.
Thor Industries (NYSE:THO) last issued its quarterly earnings results on Monday, November 27th. The construction company reported $2.43 EPS for the quarter, topping the consensus estimate of $1.84 by $0.59. Thor Industries had a net margin of 5.46% and a return on equity of 27.76%. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the company earned $1.49 EPS. Thor Industries’s revenue was up 30.6% on a year-over-year basis. sell-side analysts anticipate that Thor Industries will post 9.1 EPS for the current year.
In related news, Director Alan Siegel sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $153.75, for a total transaction of $153,750.00. Following the completion of the transaction, the director now owns 4,988 shares in the company, valued at $766,905. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.10% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in THO. Sawtooth Solutions LLC lifted its position in shares of Thor Industries by 24.6% in the fourth quarter. Sawtooth Solutions LLC now owns 3,985 shares of the construction company’s stock worth $601,000 after purchasing an additional 786 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of Thor Industries by 12.5% in the fourth quarter. William Blair Investment Management LLC now owns 8,432 shares of the construction company’s stock worth $1,271,000 after purchasing an additional 937 shares in the last quarter. Westover Capital Advisors LLC lifted its position in shares of Thor Industries by 267.0% in the fourth quarter. Westover Capital Advisors LLC now owns 10,719 shares of the construction company’s stock worth $1,616,000 after purchasing an additional 7,798 shares in the last quarter. Banco de Sabadell S.A bought a new stake in shares of Thor Industries in the fourth quarter worth $1,236,000. Finally, MetLife Investment Advisors LLC bought a new stake in shares of Thor Industries in the fourth quarter worth $4,673,000. 88.13% of the stock is currently owned by hedge funds and other institutional investors.
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Thor Industries Company Profile
Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.
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