Thor Industries designs, manufactures, and sells a range of recreational vehicles, and related parts and accessories in the United States and Canada. It operates through two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company was founded in 1980 and is based in Elkhart, Indiana.
THO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Thor Industries Inc. To summarize, we found that Thor Industries Inc ranked in the 50th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for THO, they are:
Interest coverage, a measure of earnings relative to interest payments, is 4.39 -- which is good for besting 65.81% of its peer stocks (US stocks in the Consumer Cyclical sector with positive cash flow).
Thor Industries Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 15.75% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SCI, DLX, ALV, SQBG, and UONE can be thought of as valuation peers to THO, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Thor Industries, Inc. (NYSE:THO) Director J Allen Kosowsky sold 5,197 shares of the company’s stock in a transaction on Thursday, January 14th. The stock was sold at an average price of $102.90, for a total value of $534,771.30. Thor Industries stock traded down $0.05 during midday trading on Friday, reaching $105.09. The stock had a […]
NOTE: On January 13, 2021, the press release was corrected as follows: In the first paragraph of the press release, the prior probability of default rating was changed to B1-PD. New York, January 11, 2021 -- Moody's Investors Service ("Moody's") upgraded its ratings for THOR Industries, Inc. ("THOR"), including the company's corporate family rating (CFR; to Ba3 from B1) and probability of default rating (to Ba3-PD from B1-PD), and the rating on the company's senior secured term loan (to Ba3 from B2).
On December 18, 2020, Thor Industries (NYSE:THO) announced shareholders can expect to receive a dividend payable on January 18, 2021. The stock will then go ex-dividend 2 business day(s) before the record date. Thor Industries has an ex-dividend date set for for December 31, 2020. The company's current dividend payout is $0.41, which equates to a dividend yield of 1.76% at current price levels.What Is An Ex-Dividend Date? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receiv...