Last Updated: 17 Oct 2024
Executive Summary
Thor Industries Inc. (THO) is a leading manufacturer of recreational vehicles (RVs) in the United States, Canada, and Europe. The company has a strong financial position with a market capitalization of $6.07 billion and an EBITDA of $701 million. Thor Industries has a solid track record of growth, with revenue increasing by an average of 10% over the past five years. The company is expected to continue to grow in the future, driven by increasing demand for RVs.
Company Overview
Thor Industries was founded in 1980 and is headquartered in Elkhart, Indiana. The company designs, manufactures, and sells a wide range of RVs, including motorhomes, travel trailers, and fifth wheels. Thor Industries also sells a variety of RV parts and accessories. The company has a strong distribution network with over 2,000 dealers in North America and Europe.
Fundamental Analysis
Thor Industries has a strong financial position with a debt-to-equity ratio of 0.5 and a current ratio of 1.2. The company is also profitable, with a net income margin of 2.6%. Thor Industries has a strong track record of growth, with revenue increasing by an average of 10% over the past five years. The company is expected to continue to grow in the future, driven by increasing demand for RVs.
Technical Analysis
The technical analysis of Thor Industries stock shows that the stock is currently in a downtrend. The stock has been trading below its 50-day and 200-day moving averages for the past several months. The stock is also below its 52-week high of $128.1. The technical analysis suggests that the stock is likely to continue to decline in the short term.
Short Term Outlook
The short-term outlook for Thor Industries stock is negative. The stock is in a downtrend and is below its 50-day and 200-day moving averages. The stock is also below its 52-week high. The technical analysis suggests that the stock is likely to continue to decline in the short term.
Long Term Outlook
The long-term outlook for Thor Industries stock is positive. The company has a strong financial position and a solid track record of growth. The company is also expected to benefit from increasing demand for RVs. The long-term outlook for Thor Industries stock is positive.
Analyst Recommendations
The analysts have a consensus rating of "Hold" on Thor Industries stock. The average analyst target price is $105.8. The analysts believe that the stock is fairly valued and that it is likely to trade sideways in the near term.
