Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Thor Industries Inc before investing.

In this article, we go over a few key elements for understanding Thor Industries Inc’s stock price such as:

• Thor Industries Inc’s current stock price and volume
• Why Thor Industries Inc’s stock price changed recently
• Upgrades and downgrades for THO from analysts
• THO’s stock price momentum as measured by its relative strength

About Thor Industries Inc (THO)

Before we jump into Thor Industries Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

THOR Industries, Inc. is a manufacturer of recreational vehicles (RVs). The Company operates through three segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles and European Recreational Vehicles. The North American Towable Recreational Vehicles segment consists of Airstream (towable), Heartland (including Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen), and KZ (including Venture RV). The North American Motorized Recreational Vehicles segment consists of Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach), Thor Motor Coach and the Tiffin Group. The European Recreational Vehicles segment consists of the EHG business. EHG manufactures a full line of motorized and towable recreational vehicles, including motorcaravans, campervans, urban vehicles and caravans in eight RV production facilities within Europe.

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Thor Industries Inc’s Stock Price as of Market Close

As of September 24, 2024, 4:00 PM, CST, Thor Industries Inc’s stock price was $109.47.

Thor Industries Inc is up 6.09% from its previous closing price of $103.19.

During the last market session, Thor Industries Inc’s stock traded between $102.05 and $104.85. Currently, there are 53.31 million shares of Thor Industries Inc stock available for purchase.

Thor Industries Inc’s price-earnings (P/E) ratio is currently at 20.9, which is high compared to the Recreational Products industry median of 20.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Thor Industries Inc Stock Price History

Thor Industries Inc’s (THO) price is currently up 2.06% so far this month.

During the month of September, Thor Industries Inc’s stock price has reached a high of $110.98 and a low of $95.35.

Over the last year, Thor Industries Inc has hit prices as high as $129.31 and as low as $84.55. Year to date, Thor Industries Inc’s stock is up 45.01%.

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What Caused Thor Industries Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 23, 2024, there were 3 analysts who downgraded Thor Industries Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Thor Industries Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Thor Industries Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Thor Industries Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Thor Industries Inc (THO) by visiting AAII Stock Evaluator.

Relative Price Strength of Thor Industries Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 23, 2024, Thor Industries Inc has a weighted four-quarter relative price strength of -0.11%, which translates to a Momentum Score of 63 and is considered to be Strong.

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Thor Industries Inc Stock Price: Bottom Line

As of September 24, 2024, Thor Industries Inc’s stock price is $109.47, which is up 6.09% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Thor Industries Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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