THOR Industries’ (THO) Underweight Rating Reaffirmed at KeyCorp

KeyCorp reaffirmed their underweight rating on shares of THOR Industries (NYSE:THO) in a research report report published on Thursday morning, Marketbeat reports. They currently have a $65.00 price objective 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.

Other analysts also recently issued reports about the stock. Robert W. Baird dropped their target price on shares of THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th. Benchmark reissued a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Truist Financial dropped their target price on shares of THOR Industries from $110.00 to $90.00 and set a “hold” rating on the stock in a research report on Thursday, March 6th. BMO Capital Markets dropped their target price on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, March 6th. Finally, Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $110.00 to $125.00 in a research report on Monday, March 3rd. One equities 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 company’s stock. According to MarketBeat.com, THOR Industries currently has a consensus rating of “Hold” and an average target price of $93.00.

THOR Industries Stock Down 1.4 %

NYSE THO opened at $79.11 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The company’s 50 day simple moving average is $96.10 and its 200 day simple moving average is $101.98. THOR Industries has a 12 month low of $75.78 and a 12 month high of $118.85. The company has a market capitalization of $4.21 billion, a P/E ratio of 20.23, a PEG ratio of 1.16 and a beta of 1.74.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in THOR Industries by 37.7% during the third quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company’s stock valued at $165,078,000 after purchasing an additional 411,466 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in THOR Industries by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 611,890 shares of the construction company’s stock valued at $58,564,000 after purchasing an additional 10,455 shares in the last quarter. State Street Corp grew its position in THOR Industries by 2.1% during the third quarter. State Street Corp now owns 1,624,002 shares of the construction company’s stock valued at $178,462,000 after purchasing an additional 33,619 shares in the last quarter. Salvus Wealth Management LLC grew its position in THOR Industries by 19.4% during the fourth quarter. Salvus Wealth Management LLC now owns 42,168 shares of the construction company’s stock valued at $4,036,000 after purchasing an additional 6,838 shares in the last quarter. Finally, FMR LLC grew its position in THOR Industries by 8.0% during the third quarter. FMR LLC now owns 29,716 shares of the construction company’s stock valued at $3,265,000 after purchasing an additional 2,205 shares in the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

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.