Trading Day Triumph: Thor Industries, Inc (THO) Ends at 108.49, a -2.22 Surge/Plunge

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

Thor Industries, Inc (NYSE: THO) closed the day trading at $108.49 down -2.22% from the previous closing price of $110.95. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 0.74 million shares were traded. THO stock price reached its highest trading level at $111.1 during the session, while it also had its lowest trading level at $107.85.

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 11.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.28.

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 Oct 16 ’24 when ZUHL COLLEEN A sold 4,354 shares for $115.00 per share. The transaction valued at 500,710 led to the insider holds 131,905 shares of the business.

ZUHL COLLEEN A bought 4,354 shares of THO for $500,710 on Oct 16 ’24. On Jan 23 ’24, another insider, WOELFER W. TODD, who serves as the SVP, CHIEF OPERATING OFFICER of the company, sold 3,333 shares for $117.50 each. As a result, the insider received 391,628 and left with 95,014 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 5761068544 and an Enterprise Value of 6427885056. As of this moment, Thor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.95, and their Forward P/E ratio for the next fiscal year is 16.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 9.169.

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 $88.37. The 50-Day Moving Average of the stock is -0.70%, while the 200-Day Moving Average is calculated to be 3.73%.

Shares Statistics:

Over the past 3-months, THO traded about 561.22K shares per day on average, while over the past 10 days, THO traded about 511190 shares per day. A total of 52.93M shares are outstanding, with a floating share count of 50.48M. Insiders hold about 4.93% of the company’s shares, while institutions hold 101.66% stake in the company. Shares short for THO as of 1731628800 were 3416705 with a Short Ratio of 6.09, compared to 1728950400 on 4028617. Therefore, it implies a Short% of Shares Outstanding of 3416705 and a Short% of Float of 7.539999999999999.

Dividends & Splits

THO’s forward annual dividend rate is 1.94, up from 1.92 a year ago. Against a Trailing Annual Dividend Yield of 0.017305093The stock’s 5-year Average Dividend Yield is 1.84.

Most Popular