Thor Industries, Inc. (THO) Stock Forecast & Predictions

Thor Industries, Inc. THO: $112.8

601 E Beardsley Ave, Elkhart, Indiana, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.thorindustries.com

  • Market Cap$6.08B
  • Change (52 Weeks)19.57%
  • Low (52 Weeks)$77.79
  • Thor Industries, Inc. (THO) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Thor Industries, Inc. (THO) stock price is $112.8 and the 52 weeks low is $77.79, which means the Thor Industries, Inc. stock price is up 19.57% in the last 12 months.

    Thor Industries, Inc. (THO) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that THO Stock price might rise further, 31.25% indicating that THO Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall THO stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Thor Industries, Inc. (THO) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Thor Industries, Inc. (THO) is based on 17 Institutional Analyst Ratings where 29.41% are on Strong Buy, 23.53% on Moderate Buy, 41.18% remains on Hold, 0.00% are on Moderate Sell and 5.88% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended THO stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Thor Industries, Inc..

    Thor Industries, Inc. (THO) Stock Price Prediction By Analysts


    HighLowAverage
    $168.00$126.25$140.76
    $140.7624.79% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for THO set by the institutional analysts is $140.76 where High Estimate is $168.00, Median $137.7 and Low $126.25.

    The average price target for THO by Institutional Analysts is $140.76, which is 24.79% Upside from the current price. So according to the Institutional Analysts, THO Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Thor Industries, Inc. (THO) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 480,058 investor portfolio.

    Our algorithm has analysed 480,058 investor portfolio with THO stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about THO and holding their positions hoping for a further rise in the stock price and more profit.

    Thor Industries, Inc. (THO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesUnderperformInitiated
    CitigroupBuyUpgraded
    Northcoast ResearchNeutralDowngraded
    KeyBancOverweightMaintained
    Truist SecuritiesBuyMaintained
    WedbushNeutralInitiated
    Truist SecuritiesBuyMaintained
    BMO CapitalOutperformUpgraded
    B of A SecuritiesNeutralUpgraded
    CitigroupNeutralInitiated
    KeyBancOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    BairdOutperformMaintained
    Sidoti & Co.BuyMaintained
    KeyBancOverweightInitiated
    Northcoast ResearchBuyUpgraded
    BMO CapitalMarket PerformMaintained
    Bank of AmericaUnderperformMaintained
    BairdOutperformMaintained
    Sidoti & Co.BuyMaintained
    CitigroupBuyMaintained
    CL KingNeutralDowngraded
    Bank of AmericaUnderperformMaintained
    Sidoti & Co.BuyMaintained
    JefferiesHoldInitiated
    BMO CapitalMarket PerformDowngraded
    TD SecuritiesTenderDowngraded
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    Sidoti & Co.BuyMaintained
    CitigroupBuyMaintained
    Stifel NicolausHoldMaintained
    BMO CapitalOutperformUpgraded
    ArgusBuyUpgraded
    Stifel NicolausHoldMaintained
    Aegis CapitalBuyUpgraded
    Northcoast ResearchNeutralDowngraded
    Credit SuisseNeutralDowngraded
    ArgusHoldDowngraded
    CitigroupBuyMaintained
    BairdOutperformMaintained
    BMO CapitalOutperformUpgraded
    Credit SuisseOutperformUpgraded
    Aegis CapitalHoldInitiated
    Stifel NicolausHoldInitiated
    RBC CapitalSector PerformDowngraded
    Raymond JamesMarket PerformDowngraded
    MacquarieNeutralDowngraded
    Credit SuisseNeutralDowngraded
    BMO CapitalMarket PerformDowngraded
    Raymond JamesStrong BuyUpgraded
    BairdOutperformUpgraded
    CIBCNeutralDowngraded
    JP MorganNeutralDowngraded
    RBC CapitalOutperformUpgraded
    BMO CapitalMarket PerformMaintained
    Wellington ShieldsBuyUpgraded
    Great LakesBuyUpgraded
    Northcoast ResearchBuyUpgraded
    DesjardinsBuyInitiated
    WunderlichHoldDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    BMO CapitalMarket PerformDowngraded
    Raymond JamesOutperformDowngraded
    Bank of AmericaBuyInitiated
    CitigroupBuyMaintained
    RBC CapitalSector PerformDowngraded
    Raymond JamesStrong BuyUpgraded
    Wellington ShieldsHoldDowngraded
    JP MorganOverweightInitiated
    Gabelli & Co.HoldDowngraded
    BairdNeutralMaintained
    CIBCSector OutperformUpgraded
    CitigroupBuyMaintained
    BMO CapitalOutperformUpgraded
    SunTrust Robinson HumphreyNeutralMaintained
    CL KingStrong BuyInitiated
    CitigroupBuyMaintained
    Canaccord GenuityHoldDowngraded
    Canaccord GenuityBuyUpgraded
    BMO CapitalMarket PerformDowngraded
    WunderlichBuyInitiated
    CitigroupBuyMaintained
    Wellington ShieldsBuyUpgraded
    Great LakesBuyUpgraded
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    Canaccord GenuityHoldDowngraded
    CitigroupBuyMaintained
    Wellington ShieldsDowngraded
    SunTrust Robinson HumphreyBuyInitiated
    CIBCSector OutperformUpgraded
    DundeeBuyInitiated
    Raymond JamesOutperformUpgraded
    CitigroupBuyMaintained
    BMO CapitalOutperformInitiated
    WedbushOutperformUpgraded
    CitigroupBuyMaintained
    Oxen GroupBuyInitiated

    Thor Industries, Inc. (THO) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.648
    The average consensus EPS for THO is $2.648 with a high estimate of $3.517 and Low of $2.038 for the period 2021-12-31 and based on 9 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $$2.9563712021-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.64835132022-03-31
    $$2.9563712021-12-31
    $3.29$2.3622892021-09-30
    $2.38$1.56933800000000012021-06-30
    $2.05$1.5764082021-03-31
    $2.14$1.3557232020-12-31
    $0.43$-0.25990332020-09-30
    $0.66$0.7026572020-06-30
    $1.65$1.23807822020-03-31
    $1.7$1.44016912019-12-31
    $1.65$1.65583442019-09-30
    $0.65$1.05631862019-06-30
    $1.28$1.68187222019-03-31
    $1.67$2.05151200000000022018-12-31
    $2.53$2.6070122018-09-30
    $1.92$1.80468820000000022018-06-30
    $2.43$1.86078362018-03-31
    $2.26$1.97317642017-12-31
    $2.11$1.90441559999999992017-09-30
    $1.23$1.22771562017-06-30
    $1.49$1.24232017-03-31
    $1.57$1.34105782016-12-31
    $1.51$1.446322016-09-30
    $0.97$0.627212016-06-30
    $0.97$0.83381562016-03-31
    $1.14$1.31412112015-12-31
    $1.19$1.22658442015-09-30
    $0.57$0.428242015-06-30
    $0.73$0.82243289999999992015-03-31
    $1.25$1.24663292014-12-31
    $1.03$1.0832252014-09-30
    $0.32$0.3610752014-06-30
    $0.68$0.7072014-03-31
    $1.07$0.96118670000000012013-12-31
    $0.97$0.89313292013-09-30
    $0.37$0.383800000000000032013-06-30
    $0.6$0.62451332013-03-31
    $0.84$0.77770000000000012012-12-31
    $0.78$0.79792012-09-30
    $0.25$0.24384432012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).