Thor Industries, Inc. (NYSE:THO) hit a new 52-week low on Monday . The stock traded as low as $85.50 and last traded at $87.08, with a volume of 73105 shares traded. The stock had previously closed at $88.24.

Several equities research analysts have weighed in on the company. Citigroup cut their price target on Thor Industries from $150.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, June 21st. ValuEngine raised Thor Industries from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 19th. Zacks Investment Research upgraded Thor Industries from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. Sidoti dropped their target price on Thor Industries from $148.00 to $144.00 and set a “buy” rating on the stock in a research report on Friday, August 10th. Finally, Stifel Nicolaus restated a “hold” rating and set a $124.00 target price on shares of Thor Industries in a research report on Monday, June 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. Thor Industries currently has a consensus rating of “Buy” and a consensus target price of $128.43.

The company has a quick ratio of 1.01, a current ratio of 1.71 and a debt-to-equity ratio of 0.04. The stock has a market cap of $4.69 billion, a P/E ratio of 9.97 and a beta of 1.29.

Thor Industries (NYSE:THO) last posted its earnings results on Thursday, September 20th. The construction company reported $1.67 EPS for the quarter, missing the Zacks’ consensus estimate of $2.03 by ($0.36). Thor Industries had a net margin of 5.16% and a return on equity of 24.97%. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter last year, the business earned $2.26 earnings per share. Thor Industries’s revenue was down 3.2% on a year-over-year basis. research analysts forecast that Thor Industries, Inc. will post 9.43 EPS for the current year.

Thor Industries announced that its board has approved a share buyback plan on Wednesday, June 20th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 4.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Several large investors have recently bought and sold shares of THO. Private Capital Group LLC lifted its stake in Thor Industries by 351.7% in the 2nd quarter. Private Capital Group LLC now owns 1,084 shares of the construction company’s stock valued at $105,000 after buying an additional 844 shares in the last quarter. Asset Management One Co. Ltd. purchased a new position in Thor Industries in the 1st quarter valued at about $146,000. Itau Unibanco Holding S.A. lifted its stake in Thor Industries by 282.9% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 1,589 shares of the construction company’s stock valued at $155,000 after buying an additional 1,174 shares in the last quarter. Point72 Asia Hong Kong Ltd purchased a new position in Thor Industries in the 1st quarter valued at about $170,000. Finally, Cerebellum GP LLC purchased a new position in Thor Industries in the 2nd quarter valued at about $173,000. Hedge funds and other institutional investors own 87.93% of the company’s stock.

Thor Industries Company Profile (NYSE:THO)

Thor Industries, Inc, through its subsidiaries, designs, manufactures, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles segments. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, and Basecamp trade names, as well as Interstate series of Class B motorhomes; gasoline and diesel Class A and Class C motorhomes under the Four Winds, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, A.C.E., Alante, Precept, Greyhawk, and Redhawk trade names; and luxury Class A motorhomes under Insignia, Aspire, Anthem, and Cornerstone trade names.

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