How to Buy Thor Industries Stock
Thor Industries Inc
Thor Industries is a recreational vehicle company located in Indiana, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker THO on the NYSE exchange.
Thor Industries stock last closed at $103.37, up 2.04% from the previous day, and has increased 31.5% in one year. It has overperformed other stocks in the Recreational Vehicles industry by 0.45 percentage points. Thor Industries stock is currently +38.76% from its 52-week low of $74.50, and -20.06% from its 52-week high of $129.31.
As of Apr 23, 2024, there are 53.32M THO shares outstanding. The market cap of THO is $5.51B. In the last 24 hours, 411,990 THO shares were traded.
How to Buy Thor Industries Stock
Not sure how to invest in Thor Industries stock? Here's how.
- Choose where to buy Thor Industries stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Thor Industries stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your information.
- Analyze Thor Industries stock: The Thor Industries ticker symbol is THO. Is Thor Industries stock a good investment? Should you buy shares of THO? How do THO's underlying business fundamentals look? Do top analysts think Thor Industries is a good buy? Why has THO's stock price moved recently? (Hint: Our stock research website can help you decide if THO is a good stock to buy).
- Execute your THO purchase: Decide if you will purchase THO shares at the current market price or use a limit order to buy THO stock at a given price.
- Get notifications regarding your investment in THO: Create a watchlist to get live updates on your position in Thor Industries shares.
Step 1: Choose where to buy Thor Industries stock
You need a brokerage account to access the NYSE market and buy THO shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in THO today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the best investment app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing money into your new investment account.
Step 4: Analyze Thor Industries stock
After you have identified the best place to buy Thor Industries stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
Thor Industries quick stats
THO Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on THO's stock page.
Is THO stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge THO's true value.
Using relative valuations methods:
- THO may be overvalued based on its P/E ratio of 20.23x, relative to Recreational Vehicles industry P/E ratio of 15.46x
- THO could be undervalued based on its P/B ratio of 1.4x, relative to Recreational Vehicles industry P/B ratio of 2.17x
- THO may be overvalued based on its PEG ratio of 8.86x
You can access more valuation analysis on THO's stock here.
A look at THO Cashflows and Balance Sheet
Signs that THO is financially healthy:
- There are more short-term assets than short-term liabilities on the THO balance sheet.
- There are more short-term assets than long-term liabilities on the THO balance sheet.
- THO's operating cash flow of $752.11M allows it to safely service it's debt of $1.48B.
Signs that THO is not financially healthy:
- THO earnings of $464.69M is not enough to cover its interest payments.
- THO has a relatively high debt to equity ratio of 0.83.
- Total THO debt is higher than 5 years ago, relative to shareholder equity.
- THO profit margin has gone down from 5.7% to 2.6% in the past year.
Is it a good time to buy THO stock, according to Wall Street analysts?
Out of 5 sell side analysts who research THO, the consensus analyst rating on Thor Industries is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Thor Industries stock forecast page.
THO Momentum
THO Performance Metrics
Last year, THO earnings were $271.79M. During the last five year, THO's earnings have increased by 3.13% per year. This was slower than the Recreational Vehicles industry average of 9.53%.
Last year, THO revenue was $10.38B. During the past five year, THO's revenue has grown by 7.66% per year. This was slower than the Recreational Vehicles industry average of 8.1%.
Dig into THO's earnings and revenue performance here.
What are THO insiders up to?
Over the past year, insiders at THO have sold more shares than they have bought.
W. Todd Woelfer, SVP CHIEF OPERATING OFFICER of THO, was the latest THO insider to sell. They sold $391,627.50 worth of THO shares on Jan 23, 2024.
Learn more about who owns THO stock here.
Does THO stock generate passive income?
Thor Industries pays a dividend of 1.83%, compared to the Recreational Vehicles industry's average dividend yield of 2.49%. If you owned $1,000 worth of THO stock, you would have received $18.28 in the past year.
Thor Industries dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Thor Industries dividend yield and history here.
THO Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your THO purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in THO
Now that you own some THO stock, you'll want to stay up-to-date on your new company.
Put THO on a watchlist to get notified of the latest news about your THO stock.
THO Feed
How to Buy Stock in Thor Industries
To summarize, here are the 6 steps you need to take to buy Thor Industries stock right now:
- Choose where to buy Thor Industries stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Thor Industries stock
- Execute your THO purchase
- Get notifications regarding your investment in THO
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Thor Industries, hit the button below to create your watchlist.
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