THOR Industries (THO) Stock Price, News & Analysis

Company Overview

THOR Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers. The company provides its products through independent and non-franchise dealers. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana.

Key Stats

• Today's Range: $106.08 to $108.33
• 50-Day Range: $97.94 to $115.57
• 52-Week Range: $88.37 to $129.31
• Volume: 283,132 shs
• Average Volume: 539,233 shs
• Market Capitalization: $5.75 billion
• P/E Ratio: 21.97
• Dividend Yield: 1.85%
• Price Target: $110.80
• Consensus Rating: Moderate Buy

THOR Industries Stock Analysis - MarketRank™

THOR Industries scored higher than 94% of companies evaluated by MarketBeat, and ranked 11th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

THOR Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

THOR Industries has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 34.64%

Earnings Growth

Earnings for THOR Industries are expected to grow by 34.64% in the coming year, from $4.85 to $6.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of THOR Industries is 21.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of THOR Industries is 21.97, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.79.

Price to Book Value per Share Ratio

THOR Industries has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.47% of the float of THOR Industries has been sold short.

Short Interest Ratio / Days to Cover

THOR Industries has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in THOR Industries has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

THOR Industries pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

THOR Industries has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of THOR Industries is 40.57%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, THOR Industries will have a dividend payout ratio of 30.63% next year. This indicates that THOR Industries will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -4.39

Percentage of Shares Shorted

7.47% of the float of THOR Industries has been sold short.

Short Interest Ratio / Days to Cover

THOR Industries has a short interest ratio ("days to cover") of 7.5.

Change versus previous month

Short interest in THOR Industries has recently decreased by 6.70%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.05

News Sentiment

THOR Industries has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for THOR Industries this week, compared to 6 articles on an average week.

Search Interest

Only 1 people have searched for THO on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

MarketBeat Follows

2 people have added THOR Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, THOR Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $500,710.00 in company stock.

Percentage Held by Insiders

Only 4.50% of the stock of THOR Industries is held by insiders.

Percentage Held by Institutions

96.71% of the stock of THOR Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

THO Stock Analysis - Frequently Asked Questions

How have THO shares performed this year?

THOR Industries' stock was trading at $118.25 at the beginning of the year. Since then, THO stock has decreased by 8.4% and is now trading at $108.33.
View the best growth stocks for 2024 here.

How were THOR Industries' earnings last quarter?

THOR Industries, Inc. (NYSE:THO) posted its quarterly earnings results on Tuesday, September, 24th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.33. THOR Industries's quarterly revenue was down 7.4% on a year-over-year basis.

Does THOR Industries have any subsidiaries?

The following companies are subsidiaries of THOR Industries: Hymer, Jayco, Postle Aluminum Company LLC, KZ, Bison Coach, Livin' Lite Corp., Heartland Recreation Vehicles LLC, and others.

Who are THOR Industries' major shareholders?

Top institutional investors of THOR Industries include Royal London Asset Management Ltd. (4.10%), State Street Corp (3.06%), Pacer Advisors Inc. (2.21%) and Geode Capital Management LLC (1.72%). Insiders that own company stock include Colleen A Zuhl, W Todd Woelfer, Kenneth D Julian, Peter Busch Orthwein, James L Ziemer, Andrew E Graves and Amelia Huntington.
View institutional ownership trends.

How do I buy shares of THOR Industries?

Shares of THO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of THOR Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that THOR Industries investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 9/24/2024
• Ex-Dividend for 11/15 Dividend: 11/01/2024
• Dividend Payable: 11/15/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 12/04/2024
• Fiscal Year End: 7/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Motor homes
• Sub-Industry: Automobile Manufacturers
• Current Symbol: NYSE:THO
• CUSIP: 88516010
• CIK: 730263
• Web: www.thorindustries.com
• Phone: (574) 970-7460
• Fax: 937-596-6539
• Employees: 22,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $110.80
• High Stock Price Target: $124.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +2.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.93
• Trailing P/E Ratio: 21.97
• Forward P/E Ratio: 22.34
• P/E Growth: N/A
• Net Income: $265.31 million
• Net Margins: 2.64%
• Pretax Margin: 3.47%
• Return on Equity: 7.02%
• Return on Assets: 3.91%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 1.69
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $10.04 billion
• Price / Sales: 0.57
• Cash Flow: $10.72 per share
• Price / Cash Flow: 10.11
• Book Value: $76.58 per share
• Price / Book: 1.41

Miscellaneous

• Outstanding Shares: 53,100,000
• Free Float: 50,712,000
• Market Cap: $5.75 billion
• Optionable: Optionable
• Beta: 1.67