Citi has revised its price target for Thor Industries (THO, Financial), lowering it from $86 to $74, while maintaining a Neutral rating on the shares. This adjustment comes amid broad sell-offs in leisure stocks, particularly following the recent announcement of "Liberation Day" tariffs by President Trump.
The leisure sector has been impacted indiscriminately, with areas such as cruise lines and theme parks being significantly oversold, while others, like powersports, may not accurately reflect existing risks, according to the firm's analysis. Citi has adjusted estimates across the leisure sector to account for direct tariff exposure as well as an anticipated slowdown in consumer activity.
Citi's tariff projections anticipate that companies will face the full impact of the stated tariffs in the latter half of 2025. However, the firm believes companies could mitigate this impact by up to 50% in fiscal 2026 through policy adjustments and other strategies, and reduce it by an additional 25% in fiscal 2027.
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 $85.27 with a high estimate of $120.00 and a low estimate of $60.00. The average target implies an upside of 25.31% from the current price of $68.05. 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 24.22% from the current price of $68.05. 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.
