Thor Industries (THO) Receiving Favorable News Coverage, Analysis Finds

Media coverage about Thor Industries (NYSE:THO) has been trending positive this week, Alpha One Sentiment reports. The research firm, a unit of Accern, rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Thor Industries earned a news sentiment score of 0.26 on Alpha One’s scale. Alpha One also gave media coverage about the construction company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have impacted AlphaOne Sentiment’s rankings:

Several analysts have commented on THO shares. Robert W. Baird upgraded shares of Thor Industries from a “neutral” rating to an “outperform” rating and set a $120.00 price objective for the company in a research note on Wednesday, February 8th. Zacks Investment Research cut shares of Thor Industries from a “buy” rating to a “hold” rating in a research note on Friday, March 10th. Citigroup Inc restated a “buy” rating and set a $111.00 price objective (down from $117.00) on shares of Thor Industries in a research note on Saturday, April 22nd. Wunderlich lifted their price objective on shares of Thor Industries from $80.00 to $94.00 and gave the company a “buy” rating in a research note on Tuesday, March 7th. Finally, SunTrust Banks, Inc. set a $125.00 price objective on shares of Thor Industries and gave the company a “buy” rating in a research note on Thursday, April 20th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $106.74.

Thor Industries (NYSE:THO) opened at 93.29 on Friday. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 16.12 and a beta of 1.25. The stock’s 50 day moving average is $93.33 and its 200 day moving average is $98.22. Thor Industries has a 12-month low of $60.05 and a 12-month high of $115.74.

Thor Industries (NYSE:THO) last announced its earnings results on Monday, March 6th. The construction company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.22 by $0.01. Thor Industries had a return on equity of 23.74% and a net margin of 5.41%. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the business posted $0.97 earnings per share. Thor Industries’s revenue was up 62.9% compared to the same quarter last year. Equities research analysts forecast that Thor Industries will post $6.43 EPS for the current fiscal year.

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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.

12 Month Chart for NYSE:THO

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