Thor Industries, Inc [THO] stock is trading at $100.73, up 4.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The THO shares have gain 5.84% over the last week, with a monthly amount drifted -4.19%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On March 15, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $122 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. DA Davidson upgraded its rating to a Neutral and raised its price target to $85 on January 09, 2023. The Benchmark Company downgraded its rating to Hold for this stock on October 27, 2022. In a note dated October 03, 2022, Argus downgraded an Hold rating on this stock.
Thor Industries, Inc [THO] stock has fluctuated between $88.37 and $129.31 over the past year. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Thor Industries, Inc [NYSE: THO] shares were valued at $100.73 at the most recent close of the market. An investor can expect a potential return of 4.24% based on the average THO price forecast.
Analyzing the THO fundamentals
Thor Industries, Inc [NYSE:THO] reported sales of 9.69B for the trailing twelve months, which represents a drop of -14.29%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 99.19 points at the first support level, and at 97.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.85, and for the 2nd resistance point, it is at 104.97.
Ratios To Look Out For
For context, Thor Industries, Inc’s Current Ratio is 1.71. As well, the Quick Ratio is 0.78, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 25.74.
Transactions by insiders
Recent insider trading involved ZUHL COLLEEN A, SR. VP AND CHIEF FIN. OFFICER, that happened on Oct 16 ’24 when 4354.0 shares were sold. Officer, ZUHL COLLEEN A completed a deal on Oct 16 ’24 to buy 4354.0 shares. Meanwhile, SVP, CHIEF OPERATING OFFICER WOELFER W. TODD sold 3333.0 shares on Jan 23 ’24.
