In yesterday’s Wall Street session, Thor Industries, Inc (NYSE:THO) shares traded at $111.13, down -1.79% from the previous session.
THO stock price is now 2.04% away from the 50-day moving average and 6.11% away from the 200-day moving average. The market capitalization of the company currently stands at $5.90B.
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On March 15, 2024, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $111 to quote $122, while ‘KeyBanc Capital Markets’ rates the stock as ‘Sector Weight’
In other news, ZUHL COLLEEN A, SR. VP AND CHIEF FIN. OFFICER sold 4,354 shares of the company’s stock on Oct 16 ’24. The stock was sold for $500,710 at an average price of $115.00. Upon completion of the transaction, the SR. VP AND CHIEF FIN. OFFICER now directly owns 131,905 shares in the company, valued at $14.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16 ’24, Officer ZUHL COLLEEN A bought 4,354 shares of the business’s stock. A total of $500,710 was incurred on buying the stock at an average price of $115.00. A total of 4.93% of the company’s stock is owned by insiders.
During the past 12 months, Thor Industries, Inc has had a low of $88.37 and a high of $129.31. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.69, and a quick ratio of 0.82. The fifty day moving average price for THO is $108.7818 and a two-hundred day moving average price translates $104.75515 for the stock.
The latest earnings results from Thor Industries, Inc (NYSE: THO) was released for 2024-07-31. The net profit margin was 2.64% and return on equity was 6.60% for THO. The company reported revenue of $2.53 billion for the quarter, compared to $2.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.45 percent.
