Thor Industries, Inc (NYSE: THO) is 5.25% higher on its value in year-to-date trading and has touched a low of $88.37 and a high of $129.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The THO stock was last observed hovering at around $96.83 in the last trading session, with the day’s gains setting it 3.9%.
Currently trading at $100.73, the stock is 4.27% and -3.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 4.03% at the moment leaves the stock -1.70% off its SMA200. THO registered -10.86% loss for a year compared to 6-month gain of -2.95%. The firm has a 50-day simple moving average (SMA 50) of $103.9938 and a 200-day simple moving average (SMA200) of $102.55675.
The stock witnessed a -4.19% loss in the last 1 month and extending the period to 3 months gives it a -8.80%, and is 5.84% 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 2.92% over the week and 3.08% over the month.
Thor Industries, Inc (THO) has around 22300 employees, a market worth around $5.36B and $9.69B in sales. Current P/E ratio is 25.74 and Fwd P/E is 16.39. Profit margin for the company is 2.17%. Distance from 52-week low is 13.99% and -22.10% from its 52-week high. The company has generated returns on investments over the last 12 months (4.09%).
The EPS is expected to shrink by -11.67% this year
575.0 institutions hold shares in Thor Industries, Inc (THO), with institutional investors hold 108.19% of the company’s shares. The shares outstanding are 53.10M, and float is at 50.62M with Short Float at 5.27%. Institutions hold 103.25% 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 ZUHL COLLEEN A, the company’s SR. VP AND CHIEF FIN. OFFICER. SEC filings show that ZUHL COLLEEN A sold 4,354 shares of the company’s common stock on Oct 16 ’24 at a price of $115.00 per share for a total of $0.5 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Jan 23 ’24, WOELFER W. TODD (SVP, CHIEF OPERATING OFFICER) disposed off 3,333 shares at an average price of $117.50 for $0.39 million. The insider now directly holds 95,014 shares of Thor Industries, Inc (THO).
