Thor Industries (NYSE:THO) Sets New 1-Year Low – Here’s Why

Thor Industries, Inc. (NYSE:THO)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $70.56 and last traded at $71.5170, with a volume of 26286 shares traded. The stock had previously closed at $73.81.

Analyst Ratings Changes

Several brokerages have recently weighed in on THO. DA Davidson decreased their price objective on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. BMO Capital Markets decreased their price target on Thor Industries from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Citigroup decreased their price target on Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. BNP Paribas Exane began coverage on Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Finally, Seaport Research Partners began coverage on Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.60.

Thor Industries Trading Down 2.5%

The company has a 50 day moving average of $78.99 and a 200 day moving average of $97.09. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 1.48 and a beta of 1.34.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating the consensus estimate of $0.03 by $0.31. The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.Thor Industries’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research analysts anticipate that Thor Industries, Inc. will post 3.75 EPS for the current year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th were paid a $0.52 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a yield of 2.9%. Thor Industries’s payout ratio is currently 64.60%.

Insider Buying and Selling

In other Thor Industries news, Director Peter Busch Orthwein acquired 2,600 shares of Thor Industries stock in a transaction on Friday, March 6th. The shares were bought at an average price of $88.25 per share, with a total value of $229,450.00. Following the completion of the purchase, the director owned 139,000 shares in the company, valued at $12,266,750. This trade represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

A number of institutional investors and hedge funds have recently bought and sold shares of THO. Jones Financial Companies Lllp boosted its stake in Thor Industries by 433.3% in the first quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after purchasing an additional 5,737 shares in the last quarter. United Services Automobile Association acquired a new position in Thor Industries in the first quarter worth $269,000. Empowered Funds LLC acquired a new position in Thor Industries in the first quarter worth $1,177,000. Focus Partners Wealth acquired a new position in Thor Industries in the first quarter worth $255,000. Finally, Prudential Financial Inc. boosted its stake in Thor Industries by 20.4% in the second quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after purchasing an additional 937 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

About Thor Industries

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.