Thor Industries, Inc. (NYSE:THO) went down by -2.44% from its latest closing price compared to the recent 1-year high of $121.33. The company’s stock price has collected 3.00% of gains in the last five trading sessions. Press Release reported on 09/10/20 that Thor Industries Announces Date for its Fiscal 2020 Fourth Quarter Earnings Release
Is It Worth Investing in Thor Industries, Inc. (NYSE :THO) Right Now?
Thor Industries, Inc. (NYSE:THO) scored a price-to-earnings ratio above its average ratio, recording 26.91 x from its present earnings ratio. Plus, the 36-month beta value for THO is at 2.41. Opinions of the stock are interesting as 5 analysts out of 10 who provided ratings for Thor Industries, Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $118.13, which is $23.39 above the current price. THO currently public float of 52.99M and currently shorts hold a 11.71% ratio of that float. Today, the average trading volume of THO was 826.98K shares.
THO’s Market Performance
THO stocks went up by 3.00% for the week, with a monthly drop of -11.79% and a quarterly performance of -16.66%, while its annual performance rate touched 76.99%. The volatility ratio for the week stands at 5.50% while the volatility levels for the past 30 days are set at 5.22% for Thor Industries, Inc.. The simple moving average for the period of the last 20 days is -4.31% for THO stocks with a simple moving average of 16.66% for the last 200 days.
Analysts’ Opinion of THO
Many brokerage firms have already submitted their reports for THO stocks, with BMO Capital Markets repeating the rating for THO by listing it as a “Outperform.” The predicted price for THO in the upcoming period, according to BMO Capital Markets is $105 based on the research report published on September 9th of the current year 2020.
BofA Securities, on the other hand, stated in their research note that they expect to see THO reach a price target of $105. The rating they have provided for THO stocks is “Neutral” according to the report published on July 16th, 2020.
Citigroup gave a rating of “Neutral” to THO, setting the target price at $105 in the report published on July 6th of the current year.
THO Trading at -10.06% from the 50-Day Moving Average
After a stumble in the market that brought THO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.40% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 5.50%, as shares sank -15.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.39% lower at present.
During the last 5 trading sessions, THO rose by +3.00%, which changed the moving average for the period of 200-days by +46.71% in comparison to the 20-day moving average, which settled at $98.76. In addition, Thor Industries, Inc. saw 28.36% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at THO starting from SUWINSKI JAN, who bought 2,000 shares at the price of $36.81 back on Mar 18. After this action, SUWINSKI JAN now owns 23,197 shares of Thor Industries, Inc., valued at $73,620 using the latest closing price.
MARTIN ROBERT W, the Chief Exec. and Pres. of Thor Industries, Inc., bought 10,000 shares at $58.82 during a trade that took place back on Oct 22, which means that MARTIN ROBERT W is holding 220,175 shares at $588,200 based on the most recent closing price.
Stock Fundamentals for THO
Current profitability levels for the company are sitting at:
- +4.59 for the present operating margin
- +11.30 for the gross margin
The net margin for Thor Industries, Inc. stands at +1.69. The total capital return value is set at 12.06, while invested capital returns managed to touch 4.50. Equity return is now at value 9.30, with 3.50 for asset returns.
Based on Thor Industries, Inc. (THO), the company’s capital structure generated 93.67 points at debt to equity in total, while total debt to capital is 48.36. Total debt to assets is 34.49, with long-term debt to equity ratio resting at 5.33. Finally, the long-term debt to capital ratio is 90.70.
When we switch over and look at the enterprise to sales, we see a ratio of 0.60, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 13.07 and the total asset turnover is 1.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.