THOR Industries (NYSE:THO) Given a $77.00 Price Target at Roth Capital

THOR Industries (NYSE:THO) has been assigned a $77.00 target price by Roth Capital in a research note issued on Monday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the construction company’s stock. Roth Capital’s target price would indicate a potential downside of 13.07% from the company’s current price. Roth Capital also issued estimates for THOR Industries’ FY2025 earnings at $3.81 EPS, Q4 2026 earnings at $1.61 EPS and FY2026 earnings at $4.95 EPS.

Several other equities research analysts also recently weighed in on the company. Truist Financial increased their price target on THOR Industries from $72.00 to $78.00 and gave the stock a “hold” rating in a report on Tuesday, June 3rd. KeyCorp boosted their target price on shares of THOR Industries from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Friday, May 30th. Robert W. Baird downgraded THOR Industries from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $100.00 to $85.00 in a research note on Friday, April 4th. DA Davidson upgraded THOR Industries to a “hold” rating in a research note on Monday, April 14th. Finally, Baird R W lowered THOR Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $87.63.

THOR Industries Stock Performance

NYSE THO opened at $88.58 on Monday. The business has a 50-day moving average price of $76.39 and a 200-day moving average price of $89.44. THOR Industries has a twelve month low of $63.16 and a twelve month high of $118.85. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. 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 released its quarterly earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.74. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.60 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.13 EPS. As a group, equities research analysts predict that THOR Industries will post 4.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atala Financial Inc purchased a new position in THOR Industries in the fourth quarter valued at $27,000. First Horizon Advisors Inc. lifted its holdings in shares of THOR Industries by 57.3% in the 4th 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 last quarter. UMB Bank n.a. increased its holdings in shares of THOR Industries by 135.6% in the first quarter. UMB Bank n.a. now owns 483 shares of the construction company’s stock valued at $37,000 after purchasing an additional 278 shares during the period. Brown Brothers Harriman & Co. increased its holdings in shares of THOR Industries by 369.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company’s stock valued at $40,000 after purchasing an additional 329 shares during the period. Finally, Stonebridge Financial Group LLC purchased a new position in shares of THOR Industries during the 4th quarter worth approximately $51,000. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

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.