Thor Industries (NYSE:THO) Hits New 52-Week Low – What’s Next?

Thor Industries, Inc. (NYSE:THO)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $72.82 and last traded at $73.6930, with a volume of 39580 shares trading hands. The stock had previously closed at $74.66.

Wall Street Analysts Forecast Growth

THO has been the subject of several recent analyst reports. Benchmark restated a “hold” rating on shares of Thor Industries in a research note on Wednesday, March 4th. BMO Capital Markets dropped their price objective on Thor Industries from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Seaport Research Partners initiated coverage on Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Wall Street Zen downgraded Thor Industries from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Three investment 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, Thor Industries currently has a consensus rating of “Hold” and an average price target of $105.60.

Thor Industries Stock Down 0.0%

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 stock’s 50-day moving average price is $80.76 and its 200-day moving average price is $98.30. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 23.26, a P/E/G ratio of 1.54 and a beta of 1.34.

Thor Industries (NYSE:THO) last announced its 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. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the company earned ($0.01) EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, sell-side analysts expect that Thor Industries, Inc. will post 3.75 earnings per share for the current year.

Thor Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 6th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, April 6th. Thor Industries’s dividend payout ratio is 64.60%.

Insider Buying and Selling

In other news, Director Peter Busch Orthwein acquired 2,600 shares of Thor Industries stock in a transaction on Friday, March 6th. The stock was purchased 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 of the company’s stock, valued at approximately $12,266,750. The trade was a 1.91% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of THO. Triad Investment Management grew its holdings in shares of Thor Industries by 12.4% during the first quarter. Triad Investment Management now owns 46,812 shares of the RV manufacturer’s stock valued at $3,740,000 after buying an additional 5,160 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Thor Industries by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer’s stock valued at $251,375,000 after acquiring an additional 96,080 shares in the last quarter. Swiss National Bank boosted its holdings in Thor Industries by 0.7% during the 1st quarter. Swiss National Bank now owns 99,300 shares of the RV manufacturer’s stock worth $7,933,000 after acquiring an additional 700 shares during the last quarter. Heartland Advisors Inc. boosted its holdings in Thor Industries by 12.7% during the 1st quarter. Heartland Advisors Inc. now owns 183,540 shares of the RV manufacturer’s stock worth $14,663,000 after acquiring an additional 20,723 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of Thor Industries by 1.9% in the 1st quarter. California Public Employees Retirement System now owns 97,759 shares of the RV manufacturer’s stock worth $7,810,000 after acquiring an additional 1,816 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.