THOR Industries (NYSE:THO) Cut to “Strong Sell” at KeyCorp

KeyCorp cut shares of THOR Industries (NYSE:THO) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They currently have $65.00 price target on the construction company’s stock. KeyCorp also issued estimates for THOR Industries’ Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.23 EPS and Q4 2026 earnings at $1.84 EPS.

Several other equities analysts also recently commented on THO. Citigroup downgraded THOR Industries from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $94.00 to $86.00 in a research report on Wednesday. Truist Financial lowered their price objective on THOR Industries from $110.00 to $90.00 and set a “hold” rating on the stock in a research report on Thursday, March 6th. StockNews.com raised THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Robert W. Baird reduced their target price on THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th. Finally, DA Davidson reduced their target price on THOR Industries from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $93.00.

THOR Industries Price Performance

Shares of THOR Industries stock opened at $79.11 on Wednesday. The stock’s 50-day simple moving average is $96.10 and its 200-day simple moving average is $102.01. THOR Industries has a 52 week low of $75.78 and a 52 week high of $118.85. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 1.16 and a beta of 1.74. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26.

THOR Industries (NYSE:THO) last announced its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter in the previous year, the firm earned $0.13 earnings per share. THOR Industries’s revenue was down 8.6% on a year-over-year basis. As a group, analysts expect that THOR Industries will post 4.64 earnings per share for the current fiscal year.

Institutional Investors Weigh In On THOR Industries

Several large investors have recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC grew its stake in shares of THOR Industries by 1.7% during the fourth quarter. Venturi Wealth Management LLC now owns 6,312 shares of the construction company’s stock valued at $604,000 after buying an additional 108 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of THOR Industries by 0.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 15,971 shares of the construction company’s stock valued at $1,529,000 after purchasing an additional 112 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of THOR Industries by 0.5% in the fourth quarter. Sanctuary Advisors LLC now owns 21,614 shares of the construction company’s stock valued at $2,278,000 after purchasing an additional 113 shares during the period. Blue Trust Inc. boosted its holdings in shares of THOR Industries by 22.1% in the fourth quarter. Blue Trust Inc. now owns 669 shares of the construction company’s stock valued at $64,000 after purchasing an additional 121 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in shares of THOR Industries by 57.3% in the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock valued at $32,000 after purchasing an additional 121 shares during the period. 96.71% of the stock is owned by institutional investors.

THOR Industries Company Profile

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.