While Thor Industries, Inc has underperformed by -1.13%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, THO fell by -22.19%, with highs and lows ranging from $118.85 to $75.78, whereas the simple moving average fell by -20.57% in the last 200 days.
On March 20, 2025, KeyBanc Capital Markets Downgraded Thor Industries, Inc (NYSE: THO) to Underweight. A report published by Citigroup on March 19, 2025, Downgraded its rating to ‘Neutral’ for THO. BofA Securities also Upgraded THO shares as ‘Buy’, setting a target price of $125 on the company’s shares in a report dated March 03, 2025. BofA Securities Initiated an Neutral rating on December 13, 2024, and assigned a price target of $120. The Benchmark Company initiated its ‘Hold’ rating for THO, as published in its report on July 18, 2024. Citigroup’s report from March 15, 2024 suggests a price prediction of $122 for THO shares, giving the stock a ‘Buy’ rating. KeyBanc Capital Markets also rated the stock as ‘Sector Weight’.
Analysis of Thor Industries, Inc (THO)
The current dividend for THO investors is set at $1.96 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -8.59%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Thor Industries, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 5.13% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.78, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and THO is recording an average volume of 761.74K. On a monthly basis, the volatility of the stock is set at 4.25%, whereas on a weekly basis, it is put at 3.34%, with a gain of 4.53% over the past seven days. Furthermore, long-term investors anticipate a median target price of $88.00, showing growth from the present price of $80.25, which can serve as yet another indication of whether THO is worth investing in or should be passed over.
How Do You Analyze Thor Industries, Inc Shares?
Thor Industries, Inc (THO) is based in the USA and is one of the most prominent companies operating in the Recreational Vehicles market. When comparing Thor Industries, Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 21.30, there is a growth in quarterly earnings of -107.73%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 101.23% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
THO shares are owned by institutional investors to the tune of 101.23% at present.
