Thor Industries, Inc. (NYSE: THO) is -9.99% lower on its value in year-to-date trading and has touched a low of $84.54 and a high of $129.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The THO stock was last observed hovering at around $109.47 in the last trading session, with the day’s loss setting it -3.03%.
Currently trading at $106.44, the stock is 2.41% and 3.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing -2.77% at the moment leaves the stock 0.41% off its SMA200. THO registered 12.25% gain for a year compared to 6-month loss of -4.43%. The firm has a 50-day simple moving average (SMA 50) of $102.491 and a 200-day simple moving average (SMA200) of $106.002.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.57% gain in the last 1 month and extending the period to 3 months gives it a 17.72%, and is 1.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.24% over the week and 3.18% over the month.
Thor Industries, Inc. (THO) has around 22300 employees, a market worth around $5.66B and $10.04B in sales. Current P/E ratio is 21.54 and Fwd P/E is 16.10. Profit margin for the company is 2.64%. Distance from 52-week low is 25.90% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (5.10%).
The EPS is expected to grow by 5.39% this year
539.0 institutions hold shares in Thor Industries, Inc. (THO), with institutional investors hold 103.48% of the company’s shares. The shares outstanding are 52.93M, and float is at 50.64M with Short Float at 7.94%. Institutions hold 98.57% of the Float.
The top institutional shareholder in the company is KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC with over 5.36 million shares valued at $500.59 million. The investor’s holdings represent 10.0483 of the THO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.3 million shares valued at $495.03 million to account for 9.9367 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.6 million shares representing 8.6205 and valued at over $429.46 million, while DIMENSIONAL FUND ADVISORS LP holds 5.4418 of the shares totaling 2.9 million with a market value of $271.1 million.
Thor Industries, Inc. (THO) Insider Activity
The most recent transaction is an insider sale by WOELFER W. TODD, the company’s SVP, CHIEF OPERATING OFFICER. SEC filings show that WOELFER W. TODD sold 3,333 shares of the company’s common stock on Jan 23 ’24 at a price of $117.50 per share for a total of $0.39 million. Following the sale, the insider now owns 95014.0 shares.
Thor Industries, Inc. disclosed in a document filed with the SEC on Jan 22 ’24 that WOELFER W. TODD (SVP, CHIEF OPERATING OFFICER) sold a total of 3,333 shares of the company’s common stock. The trade occurred on Jan 22 ’24 and was made at $115.00 per share for $0.38 million. Following the transaction, the insider now directly holds 98347.0 shares of the THO stock.
Still, SEC filings show that on Jan 18 ’24, WOELFER W. TODD (SVP, CHIEF OPERATING OFFICER) disposed off 3,334 shares at an average price of $112.50 for $0.38 million. The insider now directly holds 101,680 shares of Thor Industries, Inc. (THO).
