THOR Industries (NYSE:THO) Cut to “Strong Sell” at KeyCorp

THOR Industries (NYSE:THO) was downgraded by investment analysts at KeyCorp from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports. 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 equities research analysts have also weighed in on THO. Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and raised their price objective for the company from $110.00 to $125.00 in a report on Monday, March 3rd. Robert W. Baird reduced their price objective 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. Truist Financial reduced their price objective on shares of THOR Industries from $110.00 to $90.00 and set a “hold” rating on the stock in a report on Thursday, March 6th. Benchmark reiterated a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Finally, BMO Capital Markets cut their price target on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, March 6th. One investment 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. According to data from MarketBeat, THOR Industries has a consensus rating of “Hold” and an average price target of $93.00.

THOR Industries Stock Performance

Shares of THO stock opened at $80.33 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. THOR Industries has a 52 week low of $75.78 and a 52 week high of $118.85. The stock has a market capitalization of $4.27 billion, a PE ratio of 20.54, a P/E/G ratio of 1.16 and a beta of 1.74. The firm has a 50 day moving average of $96.39 and a two-hundred day moving average of $102.20.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Atala Financial Inc purchased a new position in THOR Industries during the 4th quarter worth $27,000. First Horizon Advisors Inc. grew its position in THOR Industries by 57.3% during the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock worth $32,000 after purchasing an additional 121 shares during the last quarter. Brooklyn Investment Group purchased a new position in THOR Industries during the 3rd quarter worth $38,000. Brown Brothers Harriman & Co. grew its position in THOR Industries by 369.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company’s stock worth $40,000 after purchasing an additional 329 shares during the last quarter. Finally, Anchor Investment Management LLC purchased a new position in THOR Industries during the 3rd quarter worth $58,000. 96.71% of the stock is owned by hedge funds and other 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.