Press coverage about Thor Industries (NYSE:THO) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Thor Industries earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 46.7957899253681 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of analysts have recently weighed in on THO shares. BMO Capital Markets increased their price objective on shares of Thor Industries to $150.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 28th. Argus lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. ValuEngine upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Northcoast Research lowered shares of Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 price objective on the stock. in a research note on Friday, January 26th. Finally, Zacks Investment Research lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $129.90.
Shares of THO stock traded down $3.41 during midday trading on Wednesday, reaching $119.66. 1,631,814 shares of the company were exchanged, compared to its average volume of 951,440. Thor Industries has a 12-month low of $87.96 and a 12-month high of $161.48. The stock has a market capitalization of $6,488.78, a P/E ratio of 14.40 and a beta of 1.26. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.91.
Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, March 7th. The construction company reported $1.92 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.81 by $0.11. Thor Industries had a net margin of 5.38% and a return on equity of 28.42%. The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the firm posted $1.23 earnings per share. The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. equities analysts predict that Thor Industries will post 9.37 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Friday, March 30th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, March 28th. Thor Industries’s dividend payout ratio (DPR) is presently 17.81%.
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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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