Thor Industries Stock Buy Hold or Sell Recommendation

THO
 Stock
  

USD 78.64  1.31  1.64%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Thor Industries is 'Strong Sell'. Macroaxis provides Thor Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding THO positions. The advice algorithm takes into account all of Thor Industries' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Thor Industries' buy-and-hold perspective. Additionally, take a look at Thor Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Thor Industries and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Thor Industries.

Execute Thor Industries Buy or Sell Advice

The Thor Industries recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Thor Industries. Macroaxis does not own or have any residual interests in Thor Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thor Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Thor IndustriesBuy Thor Industries
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Thor Industries has a Mean Deviation of 2.46, Semi Deviation of 3.38, Standard Deviation of 3.27, Variance of 10.7, Downside Variance of 12.23 and Semi Variance of 11.44
Macroaxis provides unbiased trade recommendation on Thor Industries that should be used to complement current analysts and expert consensus on Thor Industries. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Thor Industries is not overpriced, please validate all Thor Industries fundamentals, including its cash flow from operations, working capital, and the relationship between the cash per share and number of employees . Given that Thor Industries has a price to book of 1.27 X, we advise you to double-check Thor Industries market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Thor Industries Trading Alerts and Improvement Suggestions

Thor Industries generated a negative expected return over the last 90 days
Thor Industries has high historical volatility and very poor performance
Over 95.0% of the company shares are owned by institutional investors
On 9th of November 2022 Thor Industries paid $ 0.45 per share dividend to its current shareholders
Latest headline from Macroaxis: Chances of Thor Industries to slide in January

Thor Industries Returns Distribution Density

The distribution of Thor Industries' historical returns is an attempt to chart the uncertainty of Thor Industries' future price movements. The chart of the probability distribution of Thor Industries stock daily returns describes the distribution of returns around its average expected value. We use Thor Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thor Industries returns is essential to provide solid investment advice for Thor Industries.
Mean Return0.05Value At Risk-7.41
Potential Upside4.49Standard Deviation3.27
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Thor Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Thor Industries Cash Flow Accounts

201720182019202020212022 (projected)
Net Cash Flow from Financing(231.02 M)1.54 B(392.92 M)(188.44 M)(47.84 M)(49.1 M)
Net Cash Flow from Investing(183.49 M)(1.87 B)(84.25 M)(428.49 M)(1.05 B)(1.08 B)
Net Cash Flow from Operations466.51 M508.02 M540.94 M526.48 M990.25 M1.07 B

Thor Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thor Industries or Automobiles sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thor Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thor Industries stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.03
β
Beta against NYSE Composite1.35
σ
Overall volatility
3.30
Ir
Information ratio -0.0044

Thor Industries Volatility Alert

Thor Industries shows above-average downside volatility for the selected time horizon. We advise investors to inspect Thor Industries further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Thor Industries future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thor Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Thor Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Thor Industries Fundamentals Vs Peers

Comparing Thor Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Thor Industries' direct or indirect competition across all of the common fundamentals between Thor Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Thor Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Thor Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Thor Industries to competition
FundamentalsThor IndustriesPeer Average
Return On Equity0.35 %(0.31) %
Return On Asset0.14 %(0.14) %
Profit Margin0.07 %(1.27) %
Operating Margin0.09 %(5.51) %
Current Valuation6.31 B16.62 B
Shares Outstanding53.68 M571.82 M
Shares Owned by Insiders4.61 %10.09 %
Shares Owned by Institutions95.39 %39.21 %
Number of Shares Shorted7.84 M4.71 M
Price to Earning4.20 X28.72 X
Price to Book1.27 X9.51 X
Price to Sales0.28 X11.42 X
Revenue16.31 B9.43 B
Gross Profit2.81 B27.38 B
EBITDA1.84 B3.9 B
Net Income1.14 B570.98 M
Cash and Equivalents311.55 M2.7 B
Cash per Share5.80 X5.01 X
Total Debt1.76 B5.32 B
Debt to Equity0.50 %48.70 %
Current Ratio1.74 X2.16 X
Book Value Per Share66.94 X1.93 K
Cash Flow from Operations990.25 M971.22 M
Short Ratio9.85 X4.00 X
Earnings Per Share20.59 X3.12 X
Price to Earnings To Growth3.80 X4.89 X
Target Price79.2
Number of Employees32 K18.84 K
Beta1.69-0.15
Market Capitalization4.51 B19.03 B
Total Asset7.41 B29.47 B
Retained Earnings1.33 B9.33 B
Working Capital365.21 M1.48 B
   Payment of 1990 shares by W Woelfer of Thor Industries subject to Rule 16b-3 [view details]

About Thor Industries Buy or Sell Advice

When is the right time to buy or sell Thor Industries? Buying financial instruments such as Thor Industries Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables814.23 M949.93 M944.18 M1.02 B
Inventories716.3 M1.37 B1.75 B1.89 B

Use Investing Ideas to Build Portfolios

In addition to having Thor Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 86 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Additionally, take a look at Thor Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Thor Industries is measured differently than its book value, which is the value of Thor Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Thor Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.