Thor Industries Stock Performance
| THO Stock | USD 97.90 0.63 0.64% |
The entity has a beta of 1.48, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thor Industries will likely underperform. Thor Industries has an expected return of -0.23%. Please make sure to validate Thor Industries treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Thor Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Thor Industries has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical indicators remain very healthy which may send shares a bit higher in May 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return (0.64) | Five Day Return (5.81) | Year To Date Return (16.70) | Ten Year Return 56.87 | All Time Return 11.6 K |
Forward Dividend Yield 0.0195 | Payout Ratio 0.3593 | Last Split Factor 2:1 | Forward Dividend Rate 1.92 | Dividend Date 2024-04-23 |
1 | Texas Permanent School Fund Corp Decreases Stake in THOR Industries, Inc. | 02/14/2024 |
2 | THOR Industries, Inc. Given Average Rating of Hold by Brokerages | 03/01/2024 |
3 | Thor Industries Inc Adjusts Fiscal 2024 Outlook Amidst Challenging Market Conditions | 03/07/2024 |
4 | Citi upgrades Thor Industries stock to Buy in light of RV sector rebound | 03/15/2024 |
5 | Deutsche Bank AG Grows Holdings in THOR Industries, Inc. - Defense World | 03/20/2024 |
6 | THOR Industries Insider Lowered Holding By 25 percent During Last Year | 03/25/2024 |
7 | Stocks With Rising Relative Strength Thor Industries | 03/28/2024 |
8 | Is Thor Industries Outperforming Other Construction Stocks This Year - Yahoo Movies Canada | 04/02/2024 |
9 | Bear of the Day THOR Industries | 04/04/2024 |
10 | The Quiet Revolution Electric Vehicles Transforming Camping Trips | 04/12/2024 |
11 | 1841 Shares in THOR Industries, Inc. Acquired by Stratos Wealth Partners LTD. - Defense World | 04/17/2024 |
| Begin Period Cash Flow | 311.6 M | |
| Total Cashflows From Investing Activities | -222.5 M |
Thor |
Thor Industries Relative Risk vs. Return Landscape
If you would invest 11,545 in Thor Industries on January 20, 2024 and sell it today you would lose (1,755) from holding Thor Industries or give up 15.2% of portfolio value over 90 days. Thor Industries is generating negative expected returns assuming volatility of 2.5993% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Thor, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Thor Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thor Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thor Industries, and traders can use it to determine the average amount a Thor Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0869
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | THO |
Estimated Market Risk
| 2.6 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thor Industries is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thor Industries by adding Thor Industries to a well-diversified portfolio.
Thor Industries Fundamentals Growth
Thor Stock prices reflect investors' perceptions of the future prospects and financial health of Thor Industries, and Thor Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thor Stock performance.
| Return On Equity | 0.0702 | ||||
| Return On Asset | 0.0398 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 6.34 B | ||||
| Shares Outstanding | 53.32 M | ||||
| Price To Earning | 4.20 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 11.12 B | ||||
| Gross Profit | 1.6 B | ||||
| EBITDA | 873.73 M | ||||
| Net Income | 374.24 M | ||||
| Cash And Equivalents | 441.23 M | ||||
| Cash Per Share | 5.80 X | ||||
| Total Debt | 1.3 B | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 73.82 X | ||||
| Cash Flow From Operations | 981.63 M | ||||
| Earnings Per Share | 5.05 X | ||||
| Market Capitalization | 5.22 B | ||||
| Total Asset | 7.26 B | ||||
| Retained Earnings | 4.09 B | ||||
| Working Capital | 1.08 B | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 651.65 M | ||||
About Thor Industries Performance
To evaluate Thor Industries Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thor Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Thor Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Thor Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thor's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 72.85 | 39.22 | |
| Return On Tangible Assets | 0.08 | 0.10 | |
| Return On Capital Employed | 0.11 | 0.12 | |
| Return On Assets | 0.05 | 0.08 | |
| Return On Equity | 0.08 | 0.13 |
Things to note about Thor Industries performance evaluation
Checking the ongoing alerts about Thor Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thor Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Thor Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thor Industries' stock is overvalued or undervalued compared to its peers.
- Examining Thor Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thor Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thor Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thor Industries' stock. These opinions can provide insight into Thor Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.