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Thor Industries, Inc. (NYSE: THO) closed the day trading at $98.36 down -2.56% from the previous closing price of $100.94. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 0.55 million shares were traded. THO stock price reached its highest trading level at $100.74 during the session, while it also had its lowest trading level at $97.3.
Ratios:
For a better understanding of THO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.31.
On March 15, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $111 to $122.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 23 ’24 when WOELFER W. TODD sold 3,333 shares for $117.50 per share. The transaction valued at 391,628 led to the insider holds 95,014 shares of the business.
WOELFER W. TODD sold 3,333 shares of THO for $383,295 on Jan 22 ’24. The SVP, CHIEF OPERATING OFFICER now owns 98,347 shares after completing the transaction at $115.00 per share. On Jan 18 ’24, another insider, WOELFER W. TODD, who serves as the SVP, CHIEF OPERATING OFFICER of the company, sold 3,334 shares for $112.50 each. As a result, the insider received 375,075 and left with 101,680 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, THO now has a Market Capitalization of 5369787392 and an Enterprise Value of 6157302784. As of this moment, Thor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.92, and their Forward P/E ratio for the next fiscal year is 14.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 0.601 whereas that against EBITDA is 8.6.
Stock Price History:
Over the past 52 weeks, THO has reached a high of $129.31, while it has fallen to a 52-week low of $84.54. The 50-Day Moving Average of the stock is -2.21%, while the 200-Day Moving Average is calculated to be -7.16%.
Shares Statistics:
Over the past 3-months, THO traded about 491.79K shares per day on average, while over the past 10 days, THO traded about 371660 shares per day. A total of 53.31M shares are outstanding, with a floating share count of 50.64M. Insiders hold about 4.81% of the company’s shares, while institutions hold 101.72% stake in the company. Shares short for THO as of 1723680000 were 3410956 with a Short Ratio of 6.94, compared to 1721001600 on 3555241. Therefore, it implies a Short% of Shares Outstanding of 3410956 and a Short% of Float of 6.7299999999999995.
Dividends & Splits
THO’s forward annual dividend rate is 1.92, up from 1.89 a year ago. Against a Trailing Annual Dividend Yield of 0.018723994The stock’s 5-year Average Dividend Yield is 1.88.
