A share price of Thor Industries, Inc [THO] is currently trading at $105.39, up 2.80%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The THO shares have gain 3.21% over the last week, with a monthly amount glided 10.51%, and 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 experienced fluctuations in its stock price throughout the past year between $88.37 and $129.31. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Thor Industries, Inc [NYSE: THO] shares were valued at $105.39 at the most recent close of the market. An investor can expect a potential drop of -0.37% based on the average THO price forecast.
Analyzing the THO fundamentals
Trailing Twelve Months sales for Thor Industries, Inc [NYSE:THO] were 9.69B which represents -14.29% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 103.43 points at the first support level, and at 101.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.09, and for the 2nd resistance point, it is at 108.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Thor Industries, Inc [NYSE:THO] is 1.71. In addition, the Quick Ratio stands at 0.78 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 26.93.
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.
