On 3/6/24, Thor Industries Inc. (NYSE: THO) stock suffered a major decline of -15.4%, closing at $107.04. Moreover, trading volume in this decline was exceptionally high at 792% of normal. Relative to the market the stock has been strong over the last nine months but has declined -15.7% during the last week.
Current PriceTarget Research Rating
THO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Thor Industries has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Thor Industries has a neutral Appreciation Score of 59 but a good Power Rating of 80, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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