Can Thor Industries, Inc (NYSE: THO) Be A Safe Investment Now?

Thor Industries, Inc (NYSE:THO) shares, rose in value, with the stock price up by 1.51% to the previous day’s close as strong demand from buyers drove the stock to $69.08.

Actively observing the price movement in the last trading, the stock closed the session at $68.05, falling within a range of $67.745 and $69.47. The value of beta (5-year monthly) was 1.587 whereas the PE ratio was 18.33 over 12-month period. Referring to stock’s 52-week performance, its high was $118.85, and the low was $63.15. On the whole, THO has fluctuated by -14.89% over the past month.

With the market capitalization of Thor Industries, Inc currently standing at about $3.68 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-04. The company’s Forward Dividend Ratio is 1.98, with its dividend yield at 2.87%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.25B, with a low estimate of 2.44B and a high estimate of 2.73B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.6B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that THO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 1.39, with the price of THO currently trading nearly -6.19% and -18.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.18, while the 7-day volatility ratio is showing 4.14% which for the 30-day chart, stands at 5.58%. Furthermore, Thor Industries, Inc (THO)’s beta value is 1.26, and its average true range (ATR) is 4.28.

A comparison of Thor Industries, Inc (THO) with its peers suggests the former has fared considerably weaker in the market. THO showed an intraday change of 1.51% in last session, and over the past year, it shrunk by -30.79%%.

Data on historical trading for Thor Industries, Inc (NYSE:THO) indicates that the trading volumes over the past 10 days have averaged 1.18 and over the past 3 months, they’ve averaged 903.72K. According to company’s latest data on outstanding shares, there are 53.20 million shares outstanding.

Nearly 4.88% of Thor Industries, Inc’s shares belong to company insiders and institutional investors own 102.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.64 million shares as on 2025-03-31, resulting in a short ratio of 3.05. According to the data, the short interest in Thor Industries, Inc (THO) stood at 801.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.04 million. The stock has fallen by -27.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the THO stock heading into the next quarter.

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