Thor Industries Stock Price on November 9, 2022

THO Stock  USD 79.64  1.06  1.35%   
As of today, the current price of Thor Industries is  79.64 , as last reported on the 1st of April, with the highest price reaching  80.28  and the lowest price hitting  78.86  during the day.
We consider Thor Industries very steady. Thor Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0464, which indicates the firm had 0.0464% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Thor Industries, which you can use to evaluate the future volatility of the company. Please validate Thor Industries Semi Deviation of 2.26, risk adjusted performance of 0.0511, and Coefficient Of Variation of 2122.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
  
As of 1st of April 2023, Net Income Common Stock is likely to grow to about 1.4 B. As of 1st of April 2023, Price to Book Value is likely to grow to 1.67. Also, Price to Earnings Ratio is likely to grow to 3.77. Thor Industries Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Updates

Shares Float
48.4 M
Net Income Applicable To Common Shares
1.1 B
Shares Outstanding
53.5 M
Shares Short Prior Month
6.4 M
Dividend Share
1.76

Thor Industries Main Headline on 9th of November 2022

Thor Industries dividend paid on 9th of November 2022

Thor Industries Valuation on November 9, 2022

It is possible to determine the worth of Thor Industries on a given historical date. On November 9, 2022 Thor Industries was worth 79.84 at the beginning of the trading date compared to the closed value of 78.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Industries stock. Still, in general, we apply an absolute valuation method to find Thor Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Industries' related companies.
 Open High Low Close Volume
  80.31    82.01    78.99    80.27    475,962  
11/09/2022
  79.84    81.00    78.87    78.91    477,836  
  83.72    86.27    83.10    84.26    778,072  
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Open Value 79.84
78.91
Closing Value
87.58
Upside

Thor Industries Trading Date Momentum on November 9, 2022

On November 10 2022 Thor Industries was traded for  84.26  at the closing time. Highest Thor Industries's price during the trading hours was 86.27  and the lowest price during the day was  83.10 . The net volume was 778.1 K. The overall trading history on the 10th of November contributed to the next trading period price boost. The trading price change to the next next day price was 6.78% . The trading price change to current price is 4.68% .

Thor Industries Fundamentals Correlations and Trends

By evaluating Thor Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thor Industries financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thor Industries Stock history

Thor Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thor Industries is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thor Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thor Industries historical stock prices may prove useful in developing a viable investing in Thor Industries
Last ReportedProjected for 2023
Weighted Average Shares63.3 M64.3 M
Weighted Average Shares Diluted63.6 M64.9 M
Issuance Purchase of Equity Shares-148.6 M-152.5 M

Thor Industries Quarterly Market Capitalization

5.1 Billion

Thor Industries Stock Technical Analysis

Thor Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Thor Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thor Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thor Industries Period Price Range

Low
November 9, 2022
High

 79.84 

  

 78.91 

-0.93-1.16%

Thor Industries April 1, 2023 Market Strength

Market strength indicators help investors to evaluate how Thor Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thor Industries shares will generate the highest return on investment. By undertsting and applying Thor Industries stock market strength indicators, traders can identify Thor Industries entry and exit signals to maximize returns

Thor Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thor Industries stock's direction in advance. Along with the technical and fundamental analysis of Thor Industries Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thor Industries to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out World Market Map. To learn how to invest in Thor Industries 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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 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 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.
Quarterly Earnings Growth
(0.90) 
Dividend Share
1.76
Earnings Share
14.49
Revenue Per Share
257.563
Quarterly Revenue Growth
(0.39) 
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.