KeyCorp Downgrades THOR Industries (NYSE:THO) to Strong Sell

KeyCorp cut shares of THOR Industries (NYSE:THO) from a hold rating to a strong sell rating in a research note released on Wednesday, MarketBeat reports. They currently have $65.00 target price on the construction company’s stock. KeyCorp also issued estimates for THOR Industries’ Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.23 EPS and Q4 2026 earnings at $1.84 EPS.

A number of other analysts have also weighed in on THO. Benchmark restated a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. DA Davidson decreased their price objective on THOR Industries from $95.00 to $80.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Citigroup lowered THOR Industries from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $94.00 to $86.00 in a report on Wednesday. Bank of America upgraded THOR Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $110.00 to $125.00 in a report on Monday, March 3rd. Finally, Robert W. Baird decreased their price objective on THOR Industries from $110.00 to $100.00 and set an “outperform” rating for the company in a report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $93.00.

THOR Industries Stock Down 1.4 %

THOR Industries stock opened at $79.11 on Wednesday. The business has a fifty day moving average of $96.10 and a two-hundred day moving average of $102.01. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. The firm has a market cap of $4.21 billion, a P/E ratio of 20.23, a P/E/G ratio of 1.16 and a beta of 1.74. THOR Industries has a twelve month low of $75.78 and a twelve month high of $118.85.

THOR Industries (NYSE:THO) last posted its earnings results on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08). The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm’s quarterly revenue was down 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. On average, analysts forecast that THOR Industries will post 4.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On THOR Industries

Hedge funds have recently made changes to their positions in the company. Atala Financial Inc acquired a new position in shares of THOR Industries in the 4th quarter valued at $27,000. First Horizon Advisors Inc. increased its position in shares of THOR Industries by 57.3% in the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock valued at $32,000 after acquiring an additional 121 shares during the period. Brooklyn Investment Group acquired a new position in shares of THOR Industries in the 3rd quarter valued at $38,000. Brown Brothers Harriman & Co. increased its position in shares of THOR Industries by 369.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company’s stock valued at $40,000 after acquiring an additional 329 shares during the period. Finally, Anchor Investment Management LLC acquired a new position in shares of THOR Industries in the 3rd quarter valued at $58,000. 96.71% of the stock is owned by institutional investors and hedge funds.

THOR Industries Company Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.