Thor Industries Stock Today

THO
 Stock
  

USD 81.05  4.65  5.43%   

Market Performance
2 of 100
Odds Of Distress
Less than 12
Thor Industries is selling for 81.05 as of the 7th of December 2022. This is a -5.43 percent decrease since the beginning of the trading day. The stock's open price was 85.7. Thor Industries has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Thor Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of September 2022 and ending today, the 7th of December 2022. Click here to learn more.
THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the United States, Canada, and Europe. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana. Thor Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. The company has 53.68 M outstanding shares of which 7.84 M shares are at this time shorted by investors with about 9.85 days to cover. More on Thor Industries

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Moving against Thor Industries

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Thor Industries Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thor Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thor Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thor Industries has very high historical volatility over the last 90 days
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: Is Thor Industries way too volitale for you
CEORobert Martin
Thematic IdeaRecreation (view all)
Average Analyst Recommendation
Analysts covering Thor Industries report their recommendations after researching Thor Industries' financial statements, talking to executives and customers, or listening in on Thor Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Thor Industries. The Thor Industries consensus assessment is calculated by taking the average forecast from all of the analysts covering Thor Industries.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Thor Industries based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Thor Industries financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted51.8 M55.3 M
Notably Down
Increasing
Stable
Weighted Average Shares51.6 M55 M
Notably Down
Increasing
Stable
Return on Average Assets15.1416.1824
Notably Down
Increasing
Very volatile
Net Cash Flow from Operations1.1 B990.3 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities1.9 B1.8 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities4.1 B3.8 B
Significantly Up
Increasing
Slightly volatile
Gross Margin14.917.2017
Fairly Down
Increasing
Slightly volatile
Total Debt322.1 M324 M
Slightly Down
Decreasing
Slightly volatile
Asset Turnover2.622.3201
Moderately Up
Decreasing
Stable
Current Assets3.3 B3.1 B
Significantly Up
Increasing
Slightly volatile
Total AssetsB7.4 B
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Thor Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Financial Strength
Thor Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Thor Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Thor Industries' financial leverage. It provides some insight into what part of Thor Industries' total assets is financed by creditors.
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Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Thor Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Thor Industries deploys its capital and how much of that capital is borrowed.
Liquidity
Thor Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.76 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Thor Industries has a current ratio of 1.71, which is typical for the industry and considered as normal. Debt can assist Thor Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Thor Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thor Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thor Industries to invest in growth at high rates of return. When we think about Thor Industries' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.07 Billion
Thor Industries (THO) is traded on New York Stock Exchange in USA and employs 32,000 people. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thor Industries's market, we take the total number of its shares issued and multiply it by Thor Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Thor Industries runs under Automobiles sector within Consumer Discretionary industry. The entity has 53.68 M outstanding shares of which 7.84 M shares are at this time shorted by investors with about 9.85 days to cover. Thor Industries has about 311.55 M in cash with 990.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.8.
Check Thor Industries Probability Of Bankruptcy
Ownership
Thor Industries maintains a total of 53.68 Million outstanding shares. The majority of Thor Industries outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Thor Industries to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Thor Industries. Please pay attention to any change in the institutional holdings of Thor Industries as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Thor Industries Ownership Details

Thor Industries Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Thor Industries jumping above the current price in 90 days from now is about 35.78%. The Thor Industries probability density function shows the probability of Thor Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3712. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Thor Industries will likely underperform. Additionally, the company has an alpha of 0.0759, implying that it can generate a 0.0759 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 81.05HorizonTargetOdds Above 81.05
64.05%90 days
 81.05 
35.78%
Based on a normal probability distribution, the odds of Thor Industries to move above the current price in 90 days from now is about 35.78 (This Thor Industries probability density function shows the probability of Thor Industries Stock to fall within a particular range of prices over 90 days) .

Thor Industries Historical Income Statement

Thor Industries Income Statement is one of the three primary financial statements used for reporting Thor Industries's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Thor Industries revenue and expense. Thor Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Thor Industries Net Income is quite stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 1.23 Billion. Net Income Common Stock is expected to rise to about 249.1 M this year, although the value of Cost of Revenue will most likely fall to about 2.8 B. View More Fundamentals

Thor Industries Stock Against Markets

Picking the right benchmark for Thor Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Thor Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Thor Industries is critical whether you are bullish or bearish towards Thor Industries at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Thor Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Thor Industries Corporate Directors

Thor Industries corporate directors refer to members of a Thor Industries board of directors. The board of directors generally takes responsibility for the Thor Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Thor Industries' board members must vote for the resolution. The Thor Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christopher Klein - Independent DirectorProfile
Laurel Hurd - Independent DirectorProfile
Wilson Jones - Independent DirectorProfile
Allen Kosowsky - Independent DirectorProfile

Invested in Thor Industries?

The danger of trading Thor Industries is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Thor Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Thor Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thor Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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.