Ideas And Forecasts On Thor Industries, Inc. (NYSE: THO)

Thor Industries, Inc. (NYSE:THO) currently has a daily average trading volume of 493.61K but it saw 701597 shares traded in last market. With a market cap of 5.25B USD, the company’s current market price of $98.68 came rising about 0.33 while comparing to the previous closing price of $98.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $129.31 and as low as $84.54. In the recent trading on the day, stock has struck highest price mark of $95.37 while lowest mark touched by it was $98.7.

Taking a look at 20-day trading activity of Thor Industries, Inc. (THO) gives us an average price of $103.57, while its current price level is -23.69% below from 52-week high level whereas it is 16.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $100.81 while that of 200 days or SMA-200 reads an average of $105.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.28% during that period while stretching the period over a month that decreases to 2.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.08 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 15, 2024 while assigning a price target range of $111-$122.

Over the week, THO’s stock price is moving -6.82% down while it is 0.32% when we observe its performance for the past one month. Year-to-date it is -16.55% down and over the past year, the stock is showing an upside performance of 1.55%.

Currently, Thor Industries, Inc.’s total number of outstanding shares is 53.31M. Company’s return on investment (ROI) stands at 5.06% and return on equity (ROE) at 6.73%. It has a price to earnings ratio (P/E ratio) of 19.99 while having a 15.00 of forward P/E ratio. Stock’s beta reads 1.67. Stock has a price to book (P/B) ratio of 1.31 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is 3.60% on average.