Thor Industries
About: Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.
Employees: 22,300
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
1.93% more ownership
Funds ownership: 100.53% [Q4 2024] → 102.46% (+1.93%) [Q1 2025]
9% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $39.3M
4% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 146
5% less funds holding
Funds holding: 419 [Q4 2024] → 400 (-19) [Q1 2025]
19% less capital invested
Capital invested by funds: $5.12B [Q4 2024] → $4.13B (-$988M) [Q1 2025]
20% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 70
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
31%
downside
Avg. target
$77
12%
downside
High target
$86
1%
downside
6 analyst ratings
0 positive
0%
4 neutral
67%
2 negative
33%
Roth Capital Scott Stember | 11%downside $77 | Neutral Maintained | 9 Jun 2025 |
Truist Securities Michael Swartz | 1%downside $86 | Hold Maintained | 5 Jun 2025 |
Keybanc Noah Zatzkin | 25%downside $65 | Underweight Maintained | 30 May 2025 |
Keybanc Jackson Ader | 31%downside $60 | Underweight Maintained | 17 Apr 2025 |
Baird Craig Kennison | 2%downside $85 | Neutral Downgraded | 4 Apr 2025 |
Financial journalist opinion
Based on 15 articles about THO published over the past 30 days
Neutral
PRNewsWire
5 days ago
Airstream and Frank Lloyd Wright Foundation Launch Limited Edition Travel Trailer
Legendary American design icons blend signature engineering and architectural styles JACKSON CENTER, Ohio , June 9, 2025 /PRNewswire/ -- Airstream® , the iconic manufacturer of world-class recreational vehicles, and the Frank Lloyd Wright Foundation have partnered to debut the Airstream Frank Lloyd Wright Usonian Limited Edition Travel Trailer. A tribute to American design and organic architecture, the limited-edition travel trailer personifies Frank Lloyd Wright's unmatched architectural vision and Airstream Founder Wally Byam's innovative approach to mobile living and the pursuit of travel freedom.
Neutral
Seeking Alpha
1 week ago
THOR Industries: Accelerating With Caution After The Potholes
THOR Industries is showing signs of recovery, with Q3 2025 revenue growth and improved profitability driven by strong Towable RV demand and inventory management. The RV market is rebounding, supported by rising domestic travel, lower oil prices, and generational interest, especially among Millennials and Gen Z. THO's liquidity is robust, with increased cash, positive free cash flow, and reduced borrowings, ensuring financial sustainability and flexibility.
Positive
Zacks Investment Research
1 week ago
Thor Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
THO beats fiscal third-quarter earnings and sales estimates, fueled by strong North American Towable and Motorized RV sales.
Positive
Investors Business Daily
1 week ago
Thor Surges On RV Sales, REV Group Rallies On Outlook; Winnebago In Pursuit
RV and specialty vehicle sellers Thor Industries and REV Group cleared estimates early Wednesday. THO stock climbs, REVG shares rally.
Neutral
Zacks Investment Research
1 week ago
Thor Industries (THO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Thor Industries (THO) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Investopedia
1 week ago
RV Maker Thor Industries Tops Estimates on North America Sales, Cost Controls
Shares of Thor Industries (THO) surged Wednesday after the recreational vehicle (RV) manufacturer reported better-than-expected results as North American demand and its efforts to reduce expenses boosted performance.
Positive
Zacks Investment Research
1 week ago
Thor Industries (THO) Beats Q3 Earnings and Revenue Estimates
Thor Industries (THO) came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $2.13 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
THOR Industries Announces Third Quarter Fiscal 2025 Results
CONTINUED EXECUTION OF KEY STRATEGIES LEADS TO STRONG QUARTER AS INITIATIVES BEGIN TO SHOW EFFECTS Fiscal 2025 Third Quarter Highlights ($ in thousands, except for per share data) Three Months Ended April 30, Nine Months Ended April 30, 2025 2024 Change 2025 2024 Change Net Sales $ 2,894,816 $ 2,801,113 3.3 % $ 7,055,707 $ 7,509,241 (6.0)% Gross Profit $ 443,119 $ 421,852 5.0 % $ 969,758 $ 1,050,631 (7.7)% Gross Profit Margin % 15.3 % 15.1 % +20 bps 13.7 % 14.0 % (30) bps Net Income Attributable to THOR $ 135,185 $ 114,511 18.1 % $ 132,802 $ 175,293 (24.2)% Diluted Earnings Per Share $ 2.53 $ 2.13 18.8 % $ 2.49 $ 3.26 (23.6)% Cash Flows from Operations $ 257,667 $ 251,732 2.4 % $ 319,249 $ 207,532 53.8 % EBITDA(1) $ 232,958 $ 232,331 0.3 % $ 391,035 $ 495,630 (21.1)% Adjusted EBITDA(1) $ 254,823 $ 236,099 7.9 % $ 449,620 $ 511,703 (12.1)% (1) See reconciliation of non-GAAP measures to most directly comparable GAAP financial measures included at the end of this release Key Takeaways from Fiscal 2025 Third Quarter Third quarter performance yielded strong results and exceeded expectations Delivered resilient margins while contending with shifting market and macroeconomic conditions Fiscal year-to-date generation of cash from operations surpassed the prior-year period as management continued to execute on our proven operating model Strategic organizational restructuring announced during the quarter continues to align the Company with current market conditions and positions THOR favorably to achieve additional operating efficiencies The Company reaffirmed its revised full-year fiscal 2025 financial guidance Consolidated net sales in the range of $9.0 billion to $9.5 billion Consolidated gross profit margin in the range of 13.8% to 14.5% Diluted earnings per share in the range of $3.30 to $4.00 ELKHART, Ind., June 04, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its fiscal 2025 third quarter, ended April 30, 2025.
Neutral
Benzinga
1 week ago
Thor Industries Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
THOR Industries, Inc. THO will release its third-quarter financial results before the opening bell on Wednesday, June 4.
Neutral
PRNewsWire
1 week ago
Keystone RV Unveils Bold Brand: "Proven in the Wild™"
GOSHEN, Ind. , June 2, 2025 /PRNewswire/ -- Keystone RV, one of America's leading manufacturers of towable recreational vehicles, has announced a major brand refresh, unveiling a bold new look, voice, and direction under the banner: "Proven in the Wild™.
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