After finishing at $126.59 in the prior trading day, Thor Industries, Inc. (NYSE: THO) closed at $107.04, down -15.44%. In other words, the price has decreased by -$19.55 from its previous closing price. On the day, 3400572 shares were traded.
Ratios:
Our goal is to gain a better understanding of THO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.33.
On January 09, 2023, DA Davidson Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $65 to $85.
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 5.71B and an Enterprise Value of 6.78B. As of this moment, Thor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.76, and their Forward P/E ratio for the next fiscal year is 12.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.35. 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 1.45. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 8.86.
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 117.74, while the 200-Day Moving Average is calculated to be 103.77.
Shares Statistics:
The stock has traded on average 426.30K shares per day over the past 3-months and 461.24k shares per day over the last 10 days, according to various share statistics. A total of 53.31M shares are outstanding, with a floating share count of 50.75M. Insiders hold about 4.82% of the company’s shares, while institutions hold 97.91% stake in the company. Shares short for THO as of Feb 15, 2024 were 4.02M with a Short Ratio of 9.43, compared to 3.8M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.54% and a Short% of Float of 7.92%.
Dividends & Splits
In the trailing 12 months, THO’s forward annual dividend rate was 1.83, compared to 1.86 this year. Against a Trailing Annual Dividend Yield of 1.45%, it implies a Forward Annual Dividend Yield of 1.52%. The stock’s 5-year Average Dividend Yield is 1.97. The current Payout Ratio is 25.90% for THO, which recently paid a dividend on Jan 11, 2024 with an ex-dividend date of Dec 27, 2023. Stock splits for the company last occurred on Jan 27, 2004 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of $0.67 for the current quarter, with a high estimate of $0.84 and a low estimate of $0.42, while EPS last year was $0.5. The consensus estimate for the next quarter is $2.54, with high estimates of $2.77 and low estimates of $2.28.
Analysts are recommending an EPS of between $7.1 and $6.23 for the fiscal current year, implying an average EPS of $6.69. EPS for the following year is $8.79, with 14 analysts recommending between $10.17 and $7.9.
Revenue Estimates
A total of 12 analysts have provided revenue estimates for THO’s current fiscal year. The highest revenue estimate was $11.09B, while the lowest revenue estimate was $9.93B, resulting in an average revenue estimate of $10.65B. In the same quarter a year ago, actual revenue was $11.12B, down -4.20% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $11.42B in the next fiscal year. The high estimate is $11.81B and the low estimate is $10.39B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
