Thor Industries Stock Price on October 24, 2024

THO Stock  USD 105.13  0.87  0.82%   
Below is the normalized historical share price chart for Thor Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thor Industries stands at 105.13, as last reported on the 13th of December 2024, with the highest price reaching 107.04 and the lowest price hitting 104.12 during the day.
IPO Date
30th of December 1987
200 Day MA
104.0583
50 Day MA
108.8384
Beta
1.663
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Thor Stock, it is important to understand the factors that can impact its price. As of now, Thor Stock is very steady. Thor Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.038, which indicates the firm had a 0.038% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thor Industries, which you can use to evaluate the volatility of the company. Please validate Thor Industries' Coefficient Of Variation of 1733.12, semi deviation of 1.89, and Risk Adjusted Performance of 0.0486 to confirm if the risk estimate we provide is consistent with the expected return of 0.0828%.
  
At this time, Thor Industries' Total Stockholder Equity is very stable compared to the past year. As of the 13th of December 2024, Common Stock Shares Outstanding is likely to grow to about 57.6 M, though Other Stockholder Equity is likely to grow to (95.3 M). . At this time, Thor Industries' Price Book Value Ratio is very stable compared to the past year. As of the 13th of December 2024, Price To Book Ratio is likely to grow to 1.80, while Price To Sales Ratio is likely to drop 0.45. Thor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.038

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Thor Industries is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thor Industries by adding it to a well-diversified portfolio.
Price Book
1.3914
Enterprise Value Ebitda
9.8566
Price Sales
0.5617
Shares Float
47.7 M
Wall Street Target Price
106.5556

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Thor Industries Valuation on October 24, 2024

It is possible to determine the worth of Thor Industries on a given historical date. On October 24, 2024 Thor was worth 105.28 at the beginning of the trading date compared to the closed value of 104.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Industries stock. Still, in general, we apply an absolute valuation method to find Thor Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thor Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Industries' related companies.
 Open High Low Close Volume
  105.79    106.88    103.06    103.75    707,637  
10/24/2024
  105.28    105.87    103.88    104.22    512,526  
  104.65    106.44    102.90    103.95    541,318  
Backtest Thor Industries  |  Thor Industries History  |  Thor Industries Valuation   PreviousNext  
Open Value
105.28
104.22
Closing Value
111.82
Upside

Thor Industries Trading Date Momentum on October 24, 2024

On October 25 2024 Thor Industries was traded for  103.95  at the closing time. Highest Thor Industries's price during the trading hours was 106.44  and the lowest price during the day was  102.90 . The net volume was 541.3 K. The overall trading history on the 25th of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.26% . The trading price change to current price is 0.02% .

Thor Industries Fundamentals Correlations and Trends

By evaluating Thor Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thor financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thor Industries Stock history

Thor Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thor Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thor Industries stock prices may prove useful in developing a viable investing in Thor Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding53.7 M57.6 M
Net Income Applicable To Common Shares430.4 M242.3 M

Thor Industries Quarterly Net Working Capital

1.05 Billion

Thor Industries Stock Technical Analysis

Thor Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Thor Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thor Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thor Industries Period Price Range

Low
December 13, 2024
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High

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Thor Industries December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Thor Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thor Industries shares will generate the highest return on investment. By undertsting and applying Thor Industries stock market strength indicators, traders can identify Thor Industries entry and exit signals to maximize returns

Thor Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thor Industries' price direction in advance. Along with the technical and fundamental analysis of Thor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.001
Earnings Share
3.89
Revenue Per Share
188.614
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0371
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.