THOR Industries (NYSE:THO) Earns Underweight Rating from KeyCorp

THOR Industries (NYSE:THO)‘s stock had its “underweight” rating restated by equities research analysts at KeyCorp in a research note issued on Thursday, MarketBeat Ratings reports. They currently have a $65.00 target price on the construction company’s stock. KeyCorp’s price target would suggest a potential downside of 17.83% from the stock’s current price. 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 research analysts have also weighed in on the stock. StockNews.com raised shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $110.00 to $125.00 in a research note on Monday, March 3rd. BMO Capital Markets cut their target price on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating for the company in a research note on Thursday, March 6th. Citigroup lowered THOR Industries from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $94.00 to $86.00 in a research report on Wednesday. Finally, DA Davidson cut their price objective on THOR Industries from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $93.00.

THOR Industries Stock Performance

NYSE:THO opened at $79.11 on Thursday. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $96.10 and a 200 day moving average price of $102.01. The firm has a market capitalization of $4.21 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.16 and a beta of 1.74. THOR Industries has a 12-month low of $75.78 and a 12-month high of $118.85.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of THO. KBC Group NV lifted its stake in shares of THOR Industries by 19.0% during the third quarter. KBC Group NV now owns 1,558 shares of the construction company’s stock valued at $171,000 after acquiring an additional 249 shares during the period. PNC Financial Services Group Inc. lifted its position in THOR Industries by 10.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 17,557 shares of the construction company’s stock valued at $1,929,000 after purchasing an additional 1,597 shares during the period. Prospera Private Wealth LLC bought a new position in shares of THOR Industries in the 3rd quarter valued at about $136,000. Pacer Advisors Inc. grew its position in shares of THOR Industries by 2.8% during the 3rd quarter. Pacer Advisors Inc. now owns 1,171,779 shares of the construction company’s stock worth $128,767,000 after buying an additional 31,416 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of THOR Industries by 2.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 601,435 shares of the construction company’s stock worth $66,092,000 after buying an additional 15,018 shares during the last quarter. 96.71% of the stock is currently 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.