Thor Industries Stock Buy Hold or Sell Recommendation
| THO Stock | USD 97.90 0.63 0.64% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Thor Industries is 'Strong Hold'. 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. Key drivers impacting Thor Industries' buy or sell advice are summarized below:
Real Value 98.48 | Target Price 91.5 | Hype Value 97.58 | Market Value 97.9 | Naive Value 82.65 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Thor Industries given historical horizon and risk tolerance towards Thor Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Thor Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Thor |
Execute Thor Industries Buy or Sell Advice
The Thor 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
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Thor Industries Trading Alerts and Improvement Suggestions
| Thor Industries generated a negative expected return over the last 90 days | |
| Thor Industries is unlikely to experience financial distress in the next 2 years | |
| Thor Industries has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 1841 Shares in THOR Industries, Inc. Acquired by Stratos Wealth Partners LTD. - Defense World |
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 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 Return | -0.19 | Value At Risk | -2.93 | Potential Upside | 2.88 | Standard Deviation | 2.56 |
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 Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Thor Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thor Industries backward and forwards among themselves. Thor Industries' institutional investor refers to the entity that pools money to purchase Thor Industries' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Candlestick Capital Management Lp | 2023-09-30 | 950 K | Lsv Asset Management | 2023-12-31 | 827.1 K | Geode Capital Management, Llc | 2023-12-31 | 826.7 K | Pacer Advisors, Inc. | 2023-12-31 | 725.7 K | Palestra Capital Management Llc | 2023-09-30 | 716.8 K | Wells Fargo & Co | 2023-12-31 | 682.2 K | American Century Companies Inc | 2023-12-31 | 650.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 632 K | Envestnet Asset Management Inc | 2023-12-31 | 617.8 K | Vanguard Group Inc | 2023-12-31 | 5.3 M | Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 5.2 M |
Thor Industries Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 133.3M | (538.8M) | (381.5M) | 110.0M | 99.0M | 103.9M | |
| Change In Cash | 87.3M | (95.5M) | (137.2M) | 129.7M | 149.1M | 156.6M | |
| Free Cash Flow | 434.2M | 397.6M | 747.9M | 773.4M | 889.5M | 933.9M | |
| Depreciation | 196.2M | 230.6M | 284.5M | 276.9M | 318.5M | 334.4M | |
| Dividends Paid | 88.3M | 90.8M | 94.9M | 96.0M | 110.4M | 115.9M | |
| Capital Expenditures | 106.7M | 128.8M | 242.4M | 208.2M | 239.4M | 251.4M | |
| Net Income | 221.4M | 660.9M | 1.1B | 374.2M | 430.4M | 451.9M | |
| End Period Cash Flow | 538.5M | 445.9M | 311.6M | 441.2M | 507.4M | 532.8M | |
| Other Non Cash Items | 24.8M | 16.5M | 3.8M | 8.1M | 9.4M | 6.0M | |
| Investments | (84.2M) | (428.5M) | (1.0B) | (222.5M) | (200.2M) | (210.2M) | |
| Change Receivables | (2.4M) | 136.1M | (115.2M) | 39.2M | 45.1M | 47.4M | |
| Change To Netincome | 22.7M | 22.6M | (28.0M) | 1.7M | 1.9M | 1.8M | |
| Net Borrowings | (15.7M) | (73.6M) | 581.1M | (515.5M) | (464.0M) | (440.8M) |
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 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 | -0.28 | |
β | Beta against NYSE Composite | 1.48 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | -0.1 |
Thor Industries Volatility Alert
Thor Industries exhibits very low volatility with skewness of -3.48 and kurtosis of 19.35. 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 financial instruments 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 |
| Fundamentals | Thor Industries | Peer Average |
| Return On Equity | 0.0702 | -0.31 |
| Return On Asset | 0.0398 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 6.34 B | 16.62 B |
| Shares Outstanding | 53.32 M | 571.82 M |
| Shares Owned By Insiders | 4.74 % | 10.09 % |
| Shares Owned By Institutions | 99.30 % | 39.21 % |
| Number Of Shares Shorted | 3.72 M | 4.71 M |
| Price To Earning | 4.20 X | 28.72 X |
| Price To Book | 1.40 X | 9.51 X |
| Price To Sales | 0.53 X | 11.42 X |
| Revenue | 11.12 B | 9.43 B |
| Gross Profit | 1.6 B | 27.38 B |
| EBITDA | 873.73 M | 3.9 B |
| Net Income | 374.24 M | 570.98 M |
| Cash And Equivalents | 441.23 M | 2.7 B |
| Cash Per Share | 5.80 X | 5.01 X |
| Total Debt | 1.3 B | 5.32 B |
| Debt To Equity | 0.50 % | 48.70 % |
| Current Ratio | 1.74 X | 2.16 X |
| Book Value Per Share | 73.82 X | 1.93 K |
| Cash Flow From Operations | 981.63 M | 971.22 M |
| Short Ratio | 5.37 X | 4.00 X |
| Earnings Per Share | 5.05 X | 3.12 X |
| Price To Earnings To Growth | 0.74 X | 4.89 X |
| Target Price | 105.1 | |
| Number Of Employees | 24.9 K | 18.84 K |
| Beta | 1.77 | -0.15 |
| Market Capitalization | 5.22 B | 19.03 B |
| Total Asset | 7.26 B | 29.47 B |
| Retained Earnings | 4.09 B | 9.33 B |
| Working Capital | 1.08 B | 1.48 B |
Note: Sale by W Woelfer of 3334 shares of Thor Industries [view details]
Thor Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Thor . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Thor Industries Buy or Sell Advice
When is the right time to buy or sell Thor Industries? Buying financial instruments such as Thor 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.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 920.3M | 912.8M | 1.0B | 1.1B | Total Assets | 7.4B | 7.3B | 8.3B | 8.8B |
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.Did You Try This Idea?
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Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 42 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 Communication Services Theme or any other thematic opportunities.
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Check out 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. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.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 the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Thor Stock analysis
When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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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 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.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor 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 if Thor Industries is a good investment 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.