Thor Industries Stock Target Price and Analyst Consensus

THO Stock  USD 79.64  1.06  1.35%   
The current analyst and expert consensus on Thor Industries is Sell with 8 hold recommendations. The current projected Thor Industries target price consensus is 83.78 with 9 analyst opinions. One of the most common ways Thor Industries analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Thor Industries vendors, executives, and/or customers. Thor Industries recommendation module provides expert sentiment on the projected Thor Industries target price to derive its highest and lowest estimates based on target price standard deviation of 11.333. Check out Macroaxis Advice on Thor Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Thor Industries Stock please use our How to Invest in Thor Industries guide.
  
As of 1st of April 2023, Gross Profit is likely to grow to about 3.5 B, while Profit Margin is likely to drop 0.07. Thor Industries Cash and Equivalents is very stable at the moment as compared to the past year. Thor Industries reported last year Cash and Equivalents of 358.29 Million. As of 1st of April 2023, Debt Current is likely to grow to about 32 M, while Accumulated Other Comprehensive Income is likely to drop (167.7 M).

Thor Industries Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Thor Industries target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Thor Industries target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions11
Lowered Outlook0
Raized Outlook0
Sell
Most Thor Industries analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Thor Industries stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Thor Industries, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Thor Industries Target Price Projection

Thor Industries' current and average target prices are 79.64 and 83.78, respectively. The current price of Thor Industries is the price at which Thor Industries is currently trading. On the other hand, Thor Industries' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Thor Industries Market Quote on 1st of April 2023

Low Price78.86Odds
High Price80.28Odds

79.64

Target Price

Analyst Consensus On Thor Industries Target Price

Low Estimate65.0Odds
High Estimate100.0Odds
Number of Analysts9
Standard Deviation11.333

83.777

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Thor Industries and the information provided on this page.

Thor Industries Analyst Ratings

Thor Industries' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Thor Industries stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Thor Industries' financials, market performance, and future outlook by experienced professionals. Thor Industries' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Thor Industries price targets

Thor Industries' stock target price is an estimate of its future price, usually made by analysts. Using Thor Industries' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Thor Industries' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Thor Industries' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Thor Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Thor Industries is a key component of Thor Industries valuation and have some predictive power on the future returns of a Thor Industries.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Thor Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Thor Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
76.6779.2581.83
Details
Intrinsic
Valuation
LowReal ValueHigh
71.6884.1186.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thor Industries. Your research has to be compared to or analyzed against Thor Industries' peers to derive any actionable benefits. When done correctly, Thor Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Thor Industries.

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Check out Macroaxis Advice on Thor Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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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The data published in Thor Industries' official financial statements usually reflect Thor Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Thor Industries. For example, before you start analyzing numbers published by Thor Industries accountants, it's critical to develop an understanding of what Thor Industries' liquidity, profitability, and earnings quality are in the context of the Automobiles space in which it operates.
Please note, the presentation of Thor Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Thor Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Thor Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thor Industries. Please utilize our Beneish M Score to check the likelihood of Thor Industries' management to manipulate its earnings.