Shares of Thor Industries, Inc. (NYSE:THO) have earned an average rating of “Buy” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $125.20.
Several analysts have recently issued reports on THO shares. Zacks Investment Research upgraded Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research report on Tuesday, September 5th. Robert W. Baird restated a “buy” rating and issued a $136.00 price objective on shares of Thor Industries in a research report on Wednesday, November 1st. Aegis started coverage on Thor Industries in a research report on Monday, September 11th. They issued a “hold” rating and a $113.00 price objective on the stock. BMO Capital Markets restated a “hold” rating and issued a $110.00 price objective on shares of Thor Industries in a research report on Friday, September 1st. Finally, Northcoast Research restated a “buy” rating and issued a $145.00 price objective (up from $134.00) on shares of Thor Industries in a research report on Monday, September 25th.
In other Thor Industries news, Director Alan Siegel sold 1,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $153.75, for a total transaction of $153,750.00. Following the completion of the sale, the director now directly owns 4,988 shares in the company, valued at $766,905. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 6.60% of the company’s stock.
Thor Industries (NYSE THO) traded down $0.51 during trading on Monday, hitting $151.83. The company had a trading volume of 286,192 shares, compared to its average volume of 697,641. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.50. Thor Industries has a 12-month low of $87.96 and a 12-month high of $156.86. The stock has a market capitalization of $7,950.00, a P/E ratio of 18.91 and a beta of 1.45.
Thor Industries (NYSE:THO) last posted its earnings results on Monday, November 27th. The construction company reported $2.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.84 by $0.59. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $1.99 billion. Thor Industries had a return on equity of 31.59% and a net margin of 5.75%. Thor Industries’s quarterly revenue was up 30.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.49 earnings per share. research analysts expect that Thor Industries will post 9.14 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, December 26th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, December 22nd. This represents a $1.48 annualized dividend and a yield of 0.97%. Thor Industries’s dividend payout ratio is presently 18.43%.
TRADEMARK VIOLATION WARNING: “Thor Industries, Inc. (THO) Given Average Recommendation of “Buy” by Brokerages” was posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/12/25/thor-industries-inc-tho-given-average-recommendation-of-buy-by-brokerages.html.
About Thor Industries
Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.
Receive News & Ratings for Thor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries and related companies with MarketBeat.com's FREE daily email newsletter.