THO

Thor Industries Inc

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93.880

-1.61(-1.686%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

96.870

Open

96.070

VWAP

94.63

Vol

764.72K

Mkt Cap

4.99B

Low

92.840

Amount

72.37M

EV/EBITDA(TTM)

9.07

Total Shares

53.20M

5.57B

EV/OCF(TTM)

8.48

P/S(TTM)

0.52

THOR Industries, Inc. is a manufacturer of recreational vehicles (RV). The Company manufactures a variety of RVs in the United States and Europe, and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the United States, Canada and Europe. Its segments include North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles and European Recreational Vehicles. The North American Towable Recreational Vehicles segment consists of Airstream (towable), Heartland (including Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen), and KZ (including Venture RV). The North American Motorized Recreational Vehicles segment consists of Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach), Thor Motor Coach and the Tiffin Group. The European Recreational Vehicles segment consists of the EHG business.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q1

FY2025Q4

2.08B

+3.3%

0.171

-1812.5%

2.13B

-0.62%

0.374

-1347.63%

2.35B

-7.14%

1.547

-7.94%

Estimates Revision

The market is revising No Change the revenue expectations for THOR Industries, Inc. (THO) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 27.88%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+27.88%

In Past 3 Month

8 Analyst Rating

-5.20% Downside

Wall Street analysts forecast THO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for THO is 89.00 USD with a low forecast of 77.00 USD and a high forecast of 105.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

4 Hold

2 Sell

Hold

-5.20% Downside

Current: 93.880

Low

77.00

Averages

89.00

High

105.00

-5.20% Downside

Current: 93.880

Low

77.00

Averages

89.00

High

105.00

Roth Capital

Scott Stember

Neutral

downgrade

$82 -> $77

2025-06-09

Reason

Roth Capital

Scott Stember

Price Target

$82 -> $77

2025-06-09

downgrade

Neutral

Reason

Roth Capital analyst Scott Stember lowered the firm's price target on Thor Industries to $77 from $82 and keeps a Neutral rating on the shares. The company reported a surprisingly strong Q3 EPS and maintained FY25 guidance, but the firm remains at neutral, with expectations of weaker retail demand being driven by economic uncertainty and magnified by tariffs, the analyst tells investors in a research note. Margins made a nice rebound in Q3, but wholesale demand has reversed sharply in Q4 after recent quarterly restocking, Roth added.

Truist

Michael Swartz

Hold

maintain

$78 -> $86

2025-06-05

Reason

Truist

Michael Swartz

Price Target

$78 -> $86

2025-06-05

maintain

Hold

Reason

Truist analyst Michael Swartz raised the firm's price target on Thor Industries to $86 from $78 and keeps a Hold rating on the shares after its earnings beat. The company reported a "solid" Q3 print, and its reiteration of FY25 guidance was a factor of prudence rather than a signal of underlying market/share deterioration, the analyst tells investors in a research note. Truist adds however that while shares are not necessarily expensive, it prefers to have greater comfort that Thor can improve margins and profitability while stemming recent market share losses before taking a more constructive view.

Truist

Hold

maintain

$72 -> $78

2025-06-03

Reason

Truist

Price Target

$72 -> $78

2025-06-03

maintain

Hold

Reason

Truist raised the firm's price target on Thor Industries to $78 from $72 and keeps a Hold rating on the shares as part of a broader research note on RV names. The macro/tariff uncertainty has muted consensus expectations for FY25, but the recent dealer conversations were "remarkably resilient" relative to the firm's February survey, underpinned by a "status quo" demand backdrop through May, improving unit margins, and tamer-than-feared model-year 2026 pricing, the analyst tells investors in a research note.

KeyBanc

Noah Zatzkin

Overweight

maintain

$60 -> $65

2025-05-30

Reason

KeyBanc

Noah Zatzkin

Price Target

$60 -> $65

2025-05-30

maintain

Overweight

Reason

KeyBanc analyst Noah Zatzkin raised the firm's price target on Thor Industries to $65 from $60 and keeps an Overweight rating on the shares. Following April RVIA shipment data, the firm is adjusting estimates and reflecting on its sense of expectations into next Wednesday's print. In KeyBanc's view, investors anticipate Thor to post in line to slightly stronger than consensus top- and bottom-line results, but expect management to move full year guidance lower, accounting for slower industry production in 4Q as industry shipments have meaningfully outpaced retail calendar year-to-date. All in, the firm continues to wait for positive proof points around retail demand appetite, and expects uncertainty to weigh on sentiment in the interim.

Keybanc

Jackson Ader

Sell

Maintains

$65 → $60

2025-04-17

Reason

Keybanc

Jackson Ader

Price Target

$65 → $60

2025-04-17

Maintains

Sell

Reason

KeyBanc lowered the firm's price target on Thor Industries to $60 from $65 and keeps an Underweight rating on the shares. Ahead of Q1 earnings, the firm remains broadly cautious across end markets. Recent tariff policy noise is likely acting to disrupt demand further, in KeyBanc's view, particularly for large ticket discretionary items.

Truist Securities

Michael Swartz

Hold

Maintains

$90 → $72

2025-04-14

Reason

Truist Securities

Michael Swartz

Price Target

$90 → $72

2025-04-14

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Thor Industries Inc (THO.N) is 22.70, compared to its 5-year average forward P/E of 13.80. For a more detailed relative valuation and DCF analysis to assess Thor Industries Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

13.80

Current PE

22.70

Overvalued PE

19.05

Undervalued PE

8.55

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

7.17

Current EV/EBITDA

8.96

Overvalued EV/EBITDA

8.67

Undervalued EV/EBITDA

5.67

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.47

Current PS

0.53

Overvalued PS

0.56

Undervalued PS

0.38