While Thor Industries, Inc has overperformed by 1.01%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, THO fell by -26.40%, with highs and lows ranging from $118.85 to $75.78, whereas the simple moving average fell by -19.66% 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)
It’s important to note that THO shareholders are currently getting $1.96 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -8.59%, showing a negative trend in the upcoming months.
Thor Industries, Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. 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.
For any stock, average volume can be an extremely valuable indicator of volatility, and THO is registering an average volume of 784.37K. On a monthly basis, the volatility of the stock is set at 4.22%, whereas on a weekly basis, it is put at 2.60%, with a gain of 0.72% over the past seven days. Furthermore, long-term investors anticipate a median target price of $88.00, showing growth from the present price of $80.83, 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?
A giant in the Recreational Vehicles market, Thor Industries, Inc (THO) is based in the USA. 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 21.45, there is a growth in quarterly earnings of -107.73%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. 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.
