Thor Industries, Inc (NYSE: THO) is -10.24% lower on its value in year-to-date trading and has touched a low of $63.15 and a high of $118.85 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 $82.41 in the last trading session, with the day’s gains setting it 3.5%.
Currently trading at $85.91, the stock is 6.32% and 12.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 4.25% at the moment leaves the stock -10.17% off its SMA200. THO registered -13.43% loss for a year compared to 6-month loss of -23.02%. The firm has a 50-day simple moving average (SMA 50) of $76.1288 and a 200-day simple moving average (SMA200) of $95.6367.
The stock witnessed a 15.28% gain in the last 1 month and extending the period to 3 months gives it a 5.54%, and is 5.70% 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 3.28% over the week and 2.35% over the month.
Thor Industries, Inc (THO) has around 22300 employees, a market worth around $4.57B and $9.59B in sales. Current P/E ratio is 20.62 and Fwd P/E is 17.67. Profit margin for the company is 2.32%. Distance from 52-week low is 36.03% and -27.72% from its 52-week high. The company has generated returns on investments over the last 12 months (4.23%).
with sales reaching $2.43B over the same period.The EPS is expected to shrink by -24.76% this year, but quarterly earnings will post -7.04% year-over-year. Quarterly sales are estimated to shrink -4.18% in year-over-year returns.
539.0 institutions hold shares in Thor Industries, Inc (THO), with institutional investors hold 110.86% of the company’s shares. The shares outstanding are 53.20M, and float is at 50.68M with Short Float at 10.16%. Institutions hold 105.83% 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 $$500.59 million. The investor’s holdings represent 10.0599 of the THO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.3 million shares valued at $$495.03 million to account for 9.9483 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.6 million shares representing 8.6305 and valued at over $$429.46 million, while DIMENSIONAL FUND ADVISORS LP holds 5.4481 of the shares totaling 2.9 million with a market value of $$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.
