Thor Industries Inc. [NYSE: THO] loss -0.72% on the last trading session, reaching $109.95 price per share at the time. Thor Industries Inc. represents 55.20 million in outstanding shares, while the company has a total market value of $6.02 billion with the latest information. THO stock price has been found in the range of $109.03 to $115.125.
If compared to the average trading volume of 1.24M shares, THO reached a trading volume of 1901115 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Thor Industries Inc. [THO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for THO shares is $71.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on THO stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Thor Industries Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 17, 2020. The new note on the price target was released on April 08, 2020, representing the official price target for Thor Industries Inc. stock. Previously, the target price had yet another raise to $95, while KeyBanc Capital Markets analysts kept a Overweight rating on THO stock. On January 16, 2020, analysts increased their price target for THO shares from 76 to 92.
The Average True Range (ATR) for Thor Industries Inc. is set at 5.90, with the Price to Sales ratio for THO stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 2.87, with the Price to Cash per share for the same quarter was set at 4.42. Price to Free Cash Flow for THO in the course of the last twelve months was 29.01 with Quick ratio for the last quarter at 0.80.
Trading performance analysis for THO stock
Thor Industries Inc. [THO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.28. With this latest performance, THO shares gained by 42.18% in over the last four-week period, additionally plugging by 71.05% over the last 6 months – not to mention a rise of 99.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for THO stock in for the last two-week period is set at 82.71, with the RSI for the last a single of trading hit 85.76, and the three-weeks RSI is set at 76.26 for Thor Industries Inc. [THO]. The present Moving Average for the last 50 days of trading for this stock 68.53, while it was recorded at 106.20 for the last single week of trading, and 65.29 for the last 200 days.
Thor Industries Inc. [THO]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Thor Industries Inc. [THO] shares currently have an operating margin of +4.59 and a Gross Margin at +11.30. Thor Industries Inc.’s Net Margin is presently recorded at +1.69.
Return on Total Capital for THO is now 12.06, given the latest momentum, and Return on Invested Capital for the company is 4.50. Return on Equity for this stock inclined to 6.63, with Return on Assets sitting at 3.16. When it comes to the capital structure of this company, Thor Industries Inc. [THO] has a Total Debt to Total Equity ratio set at 93.67. Additionally, THO Total Debt to Total Capital is recorded at 48.36, with Total Debt to Total Assets ending up at 34.49. Long-Term Debt to Equity for the company is recorded at 90.70, with the Long-Term Debt to Total Capital now at 46.83.
Reflecting on the efficiency of the workforce at the company, Thor Industries Inc. [THO] managed to generate an average of $6,128 per employee. Receivables Turnover for the company is 13.07 with a Total Asset Turnover recorded at a value of 1.86.Thor Industries Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.40.
Thor Industries Inc. [THO]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Thor Industries Inc. posted 1.7/share EPS, while the average EPS was predicted by analysts to be reported at 1.43/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 18.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for THO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Thor Industries Inc. go to -0.60%.
An analysis of insider ownership at Thor Industries Inc. [THO]
There are presently around $6,174 million, in the hands of institutional investors. The top three institutional holders of THO stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 5,868,560, which is approximately 54.316% of the company’s market cap and around 1.60% of the total institutional ownership; VANGUARD GROUP INC, holding 4,957,460 shares of the stock with an approximate value of $549.04 million in THO stocks shares; and BLACKROCK INC., currently with $524.51 million in THO stock with ownership of nearly -3.187% of the company’s market capitalization.
Positions in Thor Industries Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 148 institutional holders increased their position in Thor Industries Inc. [NYSE:THO] by around 7,408,668 shares. Additionally, 192 investors decreased positions by around 6,758,942 shares, while 57 investors held positions by with 41,578,007 shares. The mentioned changes placed institutional holdings at 55,745,617 shares, according to the latest SEC report filing. THO stock had 36 new institutional investments in for a total of 1,301,966 shares, while 74 institutional investors sold positions of 2,285,858 shares during the same period.