Shares of THOR Industries, Inc. (NYSE:THO – Get Free Report) have received an average recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $102.00.
THO has been the subject of a number of research reports. Citigroup reduced their price target on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating for the company in a report on Friday, June 7th. Truist Financial cut their price target on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating on the stock in a report on Thursday, June 6th. Robert W. Baird cut their price target on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. Finally, TheStreet cut shares of THOR Industries from a “b-” rating to a “c+” rating in a report on Monday, March 18th.
Read Our Latest Stock Analysis on THOR Industries
Institutional Trading of THOR Industries
THOR Industries Price Performance
THO stock opened at $90.44 on Thursday. The company has a fifty day moving average price of $97.89 and a 200-day moving average price of $108.44. The company has a market capitalization of $4.81 billion, a P/E ratio of 18.34 and a beta of 1.74. THOR Industries has a 52-week low of $84.54 and a 52-week high of $129.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.74 and a current ratio of 1.65.
THOR Industries (NYSE:THO – Get Free Report) last released its quarterly earnings results on Wednesday, June 5th. The construction company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.24. The firm had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.73 billion. THOR Industries had a net margin of 2.59% and a return on equity of 7.07%. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.24 earnings per share. As a group, equities analysts expect that THOR Industries will post 4.8 EPS for the current year.
THOR Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Wednesday, July 3rd will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Wednesday, July 3rd. THOR Industries’s dividend payout ratio is 38.95%.
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.
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