Truist analyst Michael Swartz has adjusted his outlook on Thor Industries (THO, Financial), reducing the company's price target from $90 to $72 while maintaining a Hold rating. This updated analysis is part of a comprehensive review of the Leisure Products, Leisure Facilities, and Recreational Vehicles sectors.
The analyst highlighted that the Recreation & Leisure sector is susceptible to ongoing market fluctuations due to tariff concerns and broader economic uncertainties. Despite a recent selloff that seems to account for potential tariff issues, Swartz warns that the sector could face an additional decline of 20% to 30% if a significant consumer downturn occurs.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Thor Industries Inc (THO, Financial) is $87.36 with a high estimate of $120.00 and a low estimate of $61.00. The average target implies an upside of 26.67% from the current price of $68.97. More detailed estimate data can be found on the Thor Industries Inc (THO) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Thor Industries Inc's (THO, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Thor Industries Inc (THO, Financial) in one year is $84.53, suggesting a upside of 22.56% from the current price of $68.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Thor Industries Inc (THO) Summary page.
