DA Davidson Has Lowered Expectations for THOR Industries (NYSE:THO) Stock Price

THOR Industries (NYSE:THO) had its target price reduced by equities researchers at DA Davidson from $95.00 to $80.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the construction company’s stock. DA Davidson’s price target would indicate a potential downside of 6.76% from the company’s current price. DA Davidson also issued estimates for THOR Industries’ Q3 2025 earnings at $1.84 EPS.

A number of other research firms also recently issued reports on THO. StockNews.com raised shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. Robert W. Baird cut their price target on shares of THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a report on Thursday. Benchmark reiterated a “hold” rating on shares of THOR Industries in a research note 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. Finally, BMO Capital Markets decreased their price target on THOR Industries from $120.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $104.00.

THOR Industries Trading Down 0.7 %

THO opened at $85.80 on Friday. THOR Industries has a fifty-two week low of $78.88 and a fifty-two week high of $118.85. The firm has a market capitalization of $4.57 billion, a PE ratio of 21.94, a P/E/G ratio of 1.16 and a beta of 1.74. 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 moving average is $99.12 and its 200 day moving average is $103.82.

THOR Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). The company had revenue of $2.02 billion during 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 business’s revenue for the quarter was down 8.6% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. As a group, research analysts predict that THOR Industries will post 4.64 earnings per share for the current fiscal year.

Institutional Trading of THOR Industries

Several hedge funds have recently made changes to their positions in the company. Venturi Wealth Management LLC grew its stake in shares of THOR Industries by 1.7% during the 4th quarter. Venturi Wealth Management LLC now owns 6,312 shares of the construction company’s stock worth $604,000 after acquiring an additional 108 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in THOR Industries by 0.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 15,971 shares of the construction company’s stock valued at $1,529,000 after purchasing an additional 112 shares during the last quarter. Sanctuary Advisors LLC boosted its position in THOR Industries by 0.5% during the fourth quarter. Sanctuary Advisors LLC now owns 21,614 shares of the construction company’s stock worth $2,278,000 after purchasing an additional 113 shares during the period. Blue Trust Inc. increased its stake in shares of THOR Industries by 22.1% in the fourth quarter. Blue Trust Inc. now owns 669 shares of the construction company’s stock worth $64,000 after purchasing an additional 121 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of THOR Industries by 57.3% in the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock valued at $32,000 after purchasing an additional 121 shares during the period. 96.71% of the stock is currently owned by institutional investors.

About THOR Industries

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.