The price of Thor Industries, Inc. (NYSE: THO) closed at $105.33 in the last session, down -6.76% from day before closing price of $112.97. In other words, the price has decreased by -$7.64 from its previous closing price. On the day, 614179 shares were traded.
Ratios:
We take a closer look at THO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 15, 2024, Upgraded its rating to Buy and sets its target price to $122 from $111 previously.
DA Davidson Upgraded its Underperform to Neutral on January 09, 2023, whereas the target price for the stock was revised from $65 to $85.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 6.02B and an Enterprise Value of 7.09B. As of this moment, Thor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.86, and their Forward P/E ratio for the next fiscal year is 13.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 0.68 whereas that against EBITDA is 9.56.
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 $74.50. The 50-Day Moving Average of the stock is 114.76, while the 200-Day Moving Average is calculated to be 106.30.
Shares Statistics:
According to the various share statistics, THO traded on average about 466.20K shares per day over the past 3-months and 400.56k shares per day over the past 10 days. A total of 53.31M shares are outstanding, with a floating share count of 50.76M. Insiders hold about 4.82% of the company’s shares, while institutions hold 97.89% stake in the company. Shares short for THO as of Mar 28, 2024 were 3.72M with a Short Ratio of 7.99, compared to 4.14M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.98% and a Short% of Float of 7.33%.
Dividends & Splits
The forward annual dividend rate for THO is 1.89, which was 1.86 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.65%, it implies a Forward Annual Dividend Yield of 1.70%. The stock’s 5-year Average Dividend Yield is 1.96. The current Payout Ratio is 25.90% for THO, which recently paid a dividend on Apr 23, 2024 with an ex-dividend date of Apr 08, 2024. Stock splits for the company last occurred on Jan 27, 2004 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.8 for the current quarter, with a high estimate of $2.05 and a low estimate of $1.5, while EPS last year was $2.24. The consensus estimate for the next quarter is $2.3, with high estimates of $2.61 and low estimates of $1.91.
Analysts are recommending an EPS of between $6.01 and $5.05 for the fiscal current year, implying an average EPS of $5.24. EPS for the following year is $7.87, with 14 analysts recommending between $9.09 and $6.92.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for THO’s current fiscal year. The highest revenue estimate was $10.41B, while the lowest revenue estimate was $10.05B, resulting in an average revenue estimate of $10.22B. In the same quarter a year ago, actual revenue was $11.12B, down -8.10% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $11.07B in the next fiscal year. The high estimate is $11.35B and the low estimate is $10.59B. The average revenue growth estimate for next year is up 8.40% from the average revenue estimate for this year.
