Thor Industries

Madison Mid Cap Fund cited THOR Industries as a top detractor in Q1, linking the share decline to higher oil prices and interest rates amid the Iran war and their negative impact on RV demand. THOR closed June 29 at $78.92, down 1.78% over one month and about 13.1% over the past year. Analysts have reacted with downward adjustments, including Truist cutting its price target to $109 amid pricing weakness. » More on finance.yahoo.com

Loop Capital raised its price target on THOR Industries to $96 from $90 and kept a Buy rating after the company missed fiscal Q3 EPS and cut FY26 guidance, citing prolonged macroeconomic and geopolitical pressures. Bank of America also set a $96 target (down from $120) but maintained a Buy, noting a depressed RV market and expecting improvements in FY27 after product refreshes. THOR reported fiscal Q3 EPS of $1.86 (consensus $1.94) and revenue of $2.78B (consensus $2.65B); CEO Bob Martin said North American Towable volumes were pressured while Motorized and European segments showed resilience. » More on finance.yahoo.com

Thor Industries stock slid to a 52-week low of 73.36 USD and is currently trading around 72.82 USD, after a year-to-date loss of about 26% and a decline of more than 25% over the past six months. Despite the price pressure, InvestingPro rates the stock as significantly undervalued; metrics: P/E ratio (KGV) 13.71 and PEG 0.28. Thor announced a quarterly dividend of 0.52 USD, Seaport Global rated the stock as "Neutral" and BMO cut its price target to 120 USD while maintaining an "Outperform" rating; Andy Murray was also appointed senior vice president of strategy and business development. » More on de.investing.com