Thor Industries Inc. (NYSE:THO) has earned a consensus recommendation of “Buy” from the ten ratings firms that are covering the company. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $82.57.

A number of research analysts have recently commented on THO shares. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $84.00 price objective for the company in a research report on Wednesday, August 3rd. Great Lakes Dredge & Dock Corp. raised shares of Thor Industries to a “buy” rating in a research report on Wednesday, September 28th. Northcoast Research raised shares of Thor Industries from a “neutral” rating to a “buy” rating and set a $95.00 price objective for the company in a research report on Tuesday, September 13th. Wellington Shields raised shares of Thor Industries from a “gradually accumulate” rating to a “buy” rating in a research report on Wednesday, September 28th. Finally, Wunderlich lowered shares of Thor Industries from a “buy” rating to a “hold” rating and set a $80.00 price objective for the company. in a research report on Friday, August 19th.

Shares of Thor Industries (NYSE:THO) traded up 0.41% during trading on Monday, hitting $85.20. The stock had a trading volume of 137,058 shares. Thor Industries has a one year low of $47.56 and a one year high of $87.08. The stock’s 50-day moving average price is $81.75 and its 200 day moving average price is $70.93. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 17.46 and a beta of 1.26.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Monday, September 26th. The company reported $1.57 EPS for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.24. The business earned $1.29 billion during the quarter. Thor Industries had a net margin of 5.60% and a return on equity of 22.50%. The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.31 EPS. On average, equities analysts forecast that Thor Industries will post $5.89 EPS for the current year.

In other news, Chairman Peter Busch Orthwein sold 4,672 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The shares were sold at an average price of $85.69, for a total transaction of $400,343.68. Following the completion of the sale, the chairman now owns 1,400,252 shares of the company’s stock, valued at $119,987,593.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 8.80% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Pinkerton Retirement Specialists LLC purchased a new stake in Thor Industries during the second quarter valued at $126,000. LS Investment Advisors LLC raised its stake in Thor Industries by 65.7% in the second quarter. LS Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $182,000 after buying an additional 1,114 shares during the last quarter. Sawgrass Asset Management LLC purchased a new stake in Thor Industries during the second quarter valued at $216,000. Panagora Asset Management Inc. raised its stake in Thor Industries by 133.6% in the second quarter. Panagora Asset Management Inc. now owns 3,838 shares of the company’s stock valued at $248,000 after buying an additional 2,195 shares during the last quarter. Finally, M&T Bank Corp raised its stake in Thor Industries by 6.6% in the first quarter. M&T Bank Corp now owns 3,897 shares of the company’s stock valued at $249,000 after buying an additional 242 shares during the last quarter. 85.70% of the stock is owned by institutional investors.

Thor Industries Company Profile

Thor Industries, Inc (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels.

5 Day Chart for NYSE:THO

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