THOR Industries (NYSE:THO) Upgraded to Hold at DA Davidson

THOR Industries (NYSE:THO - Get Free Report) was upgraded by research analysts at DA Davidson to a "hold" rating in a research note issued on Monday,Zacks.com reports. DA Davidson also issued estimates for THOR Industries' Q3 2025 earnings at $1.84 EPS, FY2025 earnings at $3.65 EPS and FY2026 earnings at $5.00 EPS.

THO has been the topic of a number of other research reports. Bank of America upgraded shares of THOR Industries from a "neutral" rating to a "buy" rating and upped their target price for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. Baird R W cut THOR Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. KeyCorp reissued an "underweight" rating and issued a $65.00 price target on shares of THOR Industries in a research report on Thursday, March 20th. StockNews.com raised shares of THOR Industries from a "sell" rating to a "hold" rating in a report on Thursday, February 27th. Finally, BMO Capital Markets dropped their price target on shares of THOR Industries from $120.00 to $105.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $87.57.

THOR Industries Stock Up 1.5 %

NYSE:THO traded up $1.01 during trading hours on Monday, reaching $69.06. The company had a trading volume of 693,638 shares, compared to its average volume of 625,209. The business's 50-day simple moving average is $83.38 and its two-hundred day simple moving average is $97.11. 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 $3.67 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 1.16 and a beta of 1.59. 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 - Get Free Report) last posted its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm's quarterly revenue was down 8.6% compared to the same quarter last year. During the same period last year, the company posted $0.13 earnings per share. On average, equities analysts expect that THOR Industries will post 4.64 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Atala Financial Inc purchased a new position in shares of THOR Industries in the 4th quarter worth about $27,000. First Horizon Advisors Inc. boosted its stake in THOR Industries by 57.3% in the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock worth $32,000 after buying an additional 121 shares in the last quarter. UMB Bank n.a. raised its stake in shares of THOR Industries by 135.6% during the first quarter. UMB Bank n.a. now owns 483 shares of the construction company's stock worth $37,000 after acquiring an additional 278 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of THOR Industries by 369.7% in the 4th 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 in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in THOR Industries in the 4th quarter worth $51,000. 96.71% of the stock is owned by 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.