28-Mar-2024
Seeking Alpha News (Tue, 26-Mar 3:49 PM ET)
THOR Industries Announces Regular Quarterly Dividend
Globe Newswire (Tue, 26-Mar 3:04 PM ET)
THOR Industries Announces Second Quarter Fiscal 2024 Results
Globe Newswire (Wed, 6-Mar 6:30 AM ET)
THOR Industries Announces Date For Its Fiscal 2024 Second Quarter Earnings Release
Globe Newswire (Thu, 22-Feb 6:30 AM ET)
THOR Industries, Inc. Names Jeffrey D. Lorenger to Its Board of Directors
Globe Newswire (Mon, 5-Feb 6:30 AM ET)
THOR INDUSTRIES ANNOUNCES APPOINTMENT OF CHIEF HUMAN RESOURCES OFFICER
PRNewswire (Tue, 23-Jan 7:00 AM ET)
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.
Thor Industries trades on the NYSE stock market under the symbol THO.
As of March 28, 2024, THO stock price climbed to $117.34 with 383,077 million shares trading.
THO has a beta of 2.04, meaning it tends to be more sensitive to market movements. THO has a correlation of 0.34 to the broad based SPY ETF.
THO has a market cap of $6.26 billion. This is considered a Mid Cap stock.
Last quarter Thor Industries reported $2 billion in Revenue and $.34 earnings per share. This fell short of revenue expectation by $-63 million and missed earnings estimates by -$.33.
In the last 3 years, THO stock traded as high as $148.08 and as low as $66.26.
The top ETF exchange traded funds that THO belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.
THO has outperformed the market in the last year with a price return of +55.7% while the SPY ETF gained +33.6%. However, in the short term, THO had mixed performance relative to the market. It has underperformed in the last 3 months, returning -2.7% vs +10.1% return in SPY. But in the last 2 weeks, THO shares have fared better than the market returning +14.2% compared to SPY +1.7%.
THO support price is $112.57 and resistance is $116.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THO stock will trade within this expected range on the day.