The share price of Thor Industries, Inc. [NYSE: THO] inclined by $65.54, presently trading at $67.77. The company’s shares saw 61.17% gains compared to the lowest price in the period of the last 52 weeks, set at $42.05 recorded on Dec 6, 2019. The last few days have been benevolent to the share price as THO jumped by +6.27% during the last week, even though the stock is still down by -0.47% compared to 4.00 of all time high it touched on 12/06/19. However, the stock had a strong performance during the past 3 months, roughly gaining 1.56%, while additionally gaining 12.31% during the last 12 months. Thor Industries, Inc. is said to have a 12-month price target set at $67.63. That means that the stock has a strong potential to acquire -0.14% decrease from the current trading price.
Thor Industries, Inc. [NYSE:THO]: Analyst Rating and Earnings
Its stock price has been found in the range of 42.05 to 71.66. This is compared to its latest closing price of $65.54.
Stay on the lookout for the next publication of this organization’s financial results for the quarter, which will be made public on Tomorrow Before Market Open (Confirmed).
Fundamental Analysis of Thor Industries, Inc. [THO]
Now let’s turn to look at profitability: with a current Operating Margin for Thor Industries, Inc. [THO] sitting at +4.59 and its Gross Margin at +11.30, this company’s Net Margin is now 1.70%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 12.06, and its Return on Invested Capital has reached 3.30%. Its Return on Equity is 6.63, and its Return on Assets is 3.16. These metrics suggest that this Thor Industries, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Thor Industries, Inc. [THO] has generated a Total Debt to Total Equity ratio of 93.67.
What about valuation? This company’s Enterprise Value to EBITDA is 10.28 and its Total Debt to EBITDA Value is 3.83. The Enterprise Value to Sales for this firm is now 0.67, and its Total Debt to Enterprise Value stands at 0.41. Thor Industries, Inc. [THO] has a Price to Book Ratio of 1.57, a Price to Cash Flow Ratio of 6.34 and P/E Ratio of 27.99. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Thor Industries, Inc. [THO] earns $361,592 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 13.07 and its Total Asset Turnover is 1.86. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.84 and its Current Ratio is 1.41. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Thor Industries, Inc. [THO] has 53.38M shares outstanding, amounting to a total market cap of $3.62B. Its stock price has been found in the range of 42.05 to 71.66. At its current price, it has moved down by -5.43% from its 52-week high, and it has moved up 61.17% from its 52-week low.
This stock’s Beta value is currently 1.92, which indicates that it is 2.78% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 66.91. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Thor Industries, Inc. [THO] a Reliable Buy?
Shares of Thor Industries, Inc. [THO], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.