BMO Capital Reaffirms Their Buy Rating on Thor Industries (THO)
BMO Capital analyst Tristan M. Thomas-Martin maintained a Buy rating on Thor Industries today and set a price target of $135.00.
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M. Thomas-Martin covers the Consumer Cyclical sector, focusing on stocks such as Winnebago Industries, LCI Industries, and Harley-Davidson. According to TipRanks, M. Thomas-Martin has an average return of 3.9% and a 52.27% success rate on recommended stocks.
In addition to BMO Capital, Thor Industries also received a Buy from Loop Capital Markets’s Brandon Rolle in a report issued on January 13. However, on January 16, Citi maintained a Hold rating on Thor Industries (NYSE: THO).
Based on Thor Industries’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $2.39 billion and a net profit of $21.67 million. In comparison, last year the company earned a revenue of $2.14 billion and had a GAAP net loss of $1.83 million
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of THO in relation to earlier this year. Earlier this month, Todd Woelfer, the SVP, COO of THO sold 4,567.00 shares for a total of $524,474.28.
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