THOR Industries, Inc. (NYSE:THO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat 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 brokerages that have issued ratings on the stock in the last year is $102.00.
THO has been the subject of several recent analyst reports. Robert W. Baird lowered their price target on THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 6th. TheStreet downgraded shares of THOR Industries from a “b-” rating to a “c+” rating in a report on Monday, March 18th. Citigroup cut their price target on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Finally, Truist Financial lowered their price objective on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, June 6th.
Read Our Latest Report on THOR Industries
Institutional Trading of THOR Industries
THOR Industries Stock Performance
Shares of THO opened at $92.03 on Thursday. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 18.67 and a beta of 1.72. 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 has a 1 year low of $84.54 and a 1 year high of $129.31. The company’s 50 day simple moving average is $97.47 and its 200 day simple moving average is $108.03.
THOR Industries (NYSE:THO – Get Free Report) last issued its quarterly earnings results on Wednesday, June 5th. The construction company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.24. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.73 billion. THOR Industries had a return on equity of 7.07% and a net margin of 2.59%. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.24 EPS. On average, sell-side analysts predict that THOR Industries will post 4.8 EPS for the current year.
THOR Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Wednesday, July 3rd will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a $1.92 annualized dividend and a yield of 2.09%. THOR Industries’s dividend payout ratio (DPR) is 38.95%.
About THOR Industries
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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