Thor Industries Stock Today
| THO Stock | USD 102.71 0.43 0.42% |
Performance0 of 100
| Odds Of DistressLess than 1
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Thor Industries is selling at 102.71 as of the 16th of April 2024; that is -0.42 percent decrease since the beginning of the trading day. The stock's open price was 103.14. Thor Industries has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Thor Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 30th of December 1987 | Category Consumer Cyclical | Classification Consumer Discretionary |
THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the United States, Canada, and Europe. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana. Thor Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. The company has 53.32 M outstanding shares of which 3.72 M shares are at this time shorted by investors with about 5.37 days to cover. More on Thor Industries
Moving against Thor Stock
| 0.45 | ECDA | ECD Automotive Design Symbol Change | PairCorr |
| 0.42 | BWA | BorgWarner Financial Report 2nd of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 4th of June 2024
Thor Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thor Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thor Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Thor Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thor Industries' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Robert Martin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Automobiles and Trucks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Tahoe Resources Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NYSE Composite, SP Midcap 400, Automobiles and Trucks, Consumer Discretionary, Automobiles, Recreational Vehicles, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Thor Industries report their recommendations after researching Thor Industries' financial statements, talking to executives and customers, or listening in on Thor Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Thor Industries. The Thor consensus assessment is calculated by taking the average forecast from all of the analysts covering Thor Industries. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Thor Industries' liquidity, profitability, solvency, and operating efficiency, Thor Industries is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Thor Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Thor Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Thor Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Thor Industries' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Thor Industries' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Thor Industries' financial leverage. It provides some insight into what part of Thor Industries' total assets is financed by creditors.
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Thor Industries (THO) is traded on New York Stock Exchange in USA. It is located in 601 E. Beardsley Ave., Elkhart, IN, United States, 46514-3305 and employs 24,900 people. Thor Industries is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thor Industries's market, we take the total number of its shares issued and multiply it by Thor Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Thor Industries runs under Automobiles sector within Consumer Discretionary industry. The entity has 53.32 M outstanding shares of which 3.72 M shares are at this time shorted by investors with about 5.37 days to cover.
Thor Industries has about 441.23 M in cash with 981.63 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.8.
Check Thor Industries Probability Of Bankruptcy
Ownership AllocationThor Industries maintains a total of 53.32 Million outstanding shares. The majority of Thor Industries outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Thor Industries to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Thor Industries. Please pay attention to any change in the institutional holdings of Thor Industries as this could imply that something significant has changed or is about to change at the company. Also note that roughly two million one hundred thirty-two thousand nine hundred eighty invesors are currently shorting Thor Industries expressing very little confidence in its future performance.
Check Thor Ownership Details
Thor Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Thor Industries jumping above the current price in 90 days from now is more than 94.0%. The Thor Industries probability density function shows the probability of Thor Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3239. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Thor Industries will likely underperform. Additionally, thor Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Thor Industries to move above the current price in 90 days from now is more than 94.0 (This Thor Industries probability density function shows the probability of Thor Stock to fall within a particular range of prices over 90 days) .
Thor Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Thor Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Thor Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Thor Industries' value.| Instituion | Recorded On | Shares | |
| Candlestick Capital Management Lp | 2023-09-30 | 950 K | |
| Lsv Asset Management | 2023-12-31 | 827.1 K | |
| Geode Capital Management, Llc | 2023-12-31 | 826.7 K | |
| Pacer Advisors, Inc. | 2023-12-31 | 725.7 K | |
| Palestra Capital Management Llc | 2023-09-30 | 716.8 K | |
| Wells Fargo & Co | 2023-12-31 | 682.2 K | |
| American Century Companies Inc | 2023-12-31 | 650.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 632 K | |
| Envestnet Asset Management Inc | 2023-12-31 | 617.8 K | |
| Vanguard Group Inc | 2023-12-31 | 5.3 M | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 5.2 M |
Thor Industries Historical Income Statement
Thor Industries Income Statement is one of the three primary financial statements used for reporting Thor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Thor Industries revenue and expense. Thor Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Thor Industries' EBITDA is very stable compared to the past year. As of the 16th of April 2024, Cost Of Revenue is likely to grow to about 11.5 B, while Net Income Applicable To Common Shares is likely to drop about 242.3 M. View More FundamentalsThor Stock Against Markets
Picking the right benchmark for Thor Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Thor Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Thor Industries is critical whether you are bullish or bearish towards Thor Industries at a given time. Please also check how Thor Industries' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Thor Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Thor Industries Corporate Directors
Thor Industries corporate directors refer to members of a Thor Industries board of directors. The board of directors generally takes responsibility for the Thor Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Thor Industries' board members must vote for the resolution. The Thor Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christopher Klein | Independent Director | Profile | |
| Laurel Hurd | Independent Director | Profile | |
| Wilson Jones | Independent Director | Profile | |
| Allen Kosowsky | Independent Director | Profile |
How to buy Thor Stock?
Before investing in Thor Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Thor Industries. To buy Thor Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Thor Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Thor Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Thor Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Thor Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Thor Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Thor Stock please use our How to Invest in Thor Industries guide.
Already Invested in Thor Industries?
The danger of trading Thor Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Thor Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Thor Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thor Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Thor Stock analysis
When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.