2026-10-25
THOR Industries, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
NAS100 29,813 +0.55%
S&P 7,744 +0.28%
GOLD $4,039 −0.32%
BTC $80,017 −1.54%
VIX 17.11 +1.18%
latest tape · as of 12:02 UTC
The Screen · Consumer Cyclical · Recreational Vehicles
THOR Industries, Inc.
THO · the NYSE · USD · Market cap $3.4B · 20,900 employees
THOR Industries, Inc.
Not yet scored70.10 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 6 days ago
Screened 2026-10-23 · the tape above runs as of 12:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price70.10 USD at the 23 Oct 2026 close
- Ethical screenNot yet scored
- OptionsOpen interest leans heavily to calls (put/call 0.15)
- Last reviewed23 Oct 2026 (6 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 70.10 against the desk's fair-value range, base estimate 93.27, over the last year.
- Trend Markup
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 0.15, read 2026-10-28
- Ethical screen not yet scored
Price70.10 USD
Fair value93.27
Ethical score70.0/100
Our investment reviews on this name
2026-10-18Read Markup69.98+0.2% to today ✓Markdown gives way to Markup first Markup read since August
2026-10-11Read Markdown69.05+1.5% to today Distribution gives way to Markdown first Markdown read since September
2026-10-02Read Distribution69.05+1.5% to today Markdown gives way to Distribution after a 5% slide in 3 weeks
2026-09-14Read Markdown72.86-3.8% to today ✓Markup gives way to Markdown after a 6% slide in 11 weeks
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its markup label.
THOR Industries, Inc. holds its Markup at $70.10. The statistical read favours the sellers, held for 203 days.
| Phase | Markup |
| Quantitative state | The statistical read favours the sellers, held for 203 days |
| Price at the screen | $70.10 |
| Valuation | 19.71 trailing · 13.89 forward price to earnings |
| Values screen | Not scored · score 70.0 |
| Beta | 1.42 |
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 13.06% | Below 33% | Interest-bearing debt is just 13.1% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 0.00% | Below 33% | Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. | Pass |
| Receivables | 15.97% | Below 49% | Money owed to the company is 16.0% of assets, under the 49% limit. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadThe Read, in Plain English
THOR Industries, clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-10-28. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
Clears
THOR Industries, clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 13%, inside the ~33% line, and almost none of its income is interest, so it passes.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
What the Numbers Say It Is WorthThe Fair Value Range
Fair value range in USD, drawn from the 2026-10-23 screen. The gold marker is the market price at the same screen. A 33.1% margin of safety to the base estimate.
Third-party analyst targets: 10 covering, consensus Hold. The average target sits +16% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsRV maker priced above its own fair value
Picture a family loading up an RV for a long weekend only to find the lot half empty and discounts everywhere. That slowdown shows up in THOR's numbers, with revenue shrinking 4 percent and profit margins stuck at just 3 percent. Our fair value sits at 65.96 against the current 76.27 price, leaving no margin of safety and an opportunity rating of none.
The business earns a modest 6 percent return on equity and trades at 16.4 times forward earnings, yet those earnings are already sliding in a consumer cyclical sector. Analysts may hold a 90 target, but our valuation and the thin returns tell a different story. We therefore pass.
Cyclical demand for leisure vehicles can swing hard with fuel prices, interest rates and household confidence, and low margins leave little room for error when the cycle turns. Ethical screen clears, yet the numbers still do not add up. Analysis, not advice.
| Forward P/E | 13.9xreasonably valued |
| Trailing P/E | 19.7xreasonably valued |
| EPS, trailing | 3.38 |
| EPS, forward | 4.80 |
| Revenue growth | -8.4%revenue is shrinking |
| Profit margin | 1.8%barely profitable |
| Return on equity | 4.1%a modest return on shareholder capital |
| FCF yield | 4.08% |
| Dividend yield | 270.00% |
| Debt to equity | 0.21minimal debt: a conservative balance sheet |
| Current ratio | 1.77healthy short-term liquidity |
| Beta | 1.42moves a little more than the market |
| Short interest, float | 0.14% |
| 52-week range | 62.83 - 122.83 |
| Market cap | $3.4B |
| Employees | 20,900 |
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeTHO trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-10-25
Markup $66.62
-4.8% Entry 14
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 4.8% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102.
2026-10-18
Markup · changed $69.98
+1.3% Entry 13
The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 1.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102.
2026-10-11
Markdown · changed $69.05
+0.0% Entry 12
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102.
2026-10-02
Distribution · changed $69.05
-5.2% Entry 11
The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 5.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102.
2026-09-21
Markdown $72.86
+0.0% Entry 10
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102. It reported earnings in this window, a natural checkpoint for the thesis.
2026-09-19
Markdown $72.86
+0.0% Entry 9
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102. It reported earnings in this window, a natural checkpoint for the thesis.
2026-09-18
Markdown $72.86
+0.0% Entry 8
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102. It reported earnings in this window, a natural checkpoint for the thesis.
2026-09-17
Markdown $72.86
+0.0% Entry 7
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102. It reported earnings in this window, a natural checkpoint for the thesis.
2026-09-16
Markdown $72.86
+0.0% Entry 6
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102. It reported earnings in this window, a natural checkpoint for the thesis.
2026-09-14
Markdown · changed $72.86
-8.4% Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 8.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 14%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (12 analysts) rates it hold, with a mean price target of $102.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- Thor Industries (THO) Down 8.1% Since Last Earnings Report: Can It Rebound? Yahoo Finance · 7d ago
- Winnebago Busts Out of Its Rut Even as High Gas Prices and Loan Rates Drive Away Buyers Yahoo Finance · 8d ago
- 1 Profitable Stock for Long-Term Investors and 2 That Underwhelm Yahoo Finance · 10d ago
- These 4 Companies Just Increased Their Dividends. Not All the Raises Are Equal Yahoo Finance · 13d ago
- THOR INDUSTRIES ANNOUNCES INCREASED REGULAR QUARTERLY DIVIDEND Yahoo Finance · 16d ago
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
PIIPolaris Inc.
HOGHarley-Davidson, Inc.
BCBrunswick Corporation
PATKPatrick Industries, Inc.
LCIILCI Industries
WGOWinnebago Industries, Inc.
Screened names in the same industry · explore each on its own page.
| Date | Politician | Party | Type | Amount |
|---|---|---|---|---|
| 2026-09-29 | Gil Cisneros | Democrat | buy | 250K–500K |
| 2026-09-29 | Gil Cisneros | Democrat | buy | 250K–500K |
| 2026-09-25 | Scott Peters | Democrat | buy | 250K–500K |
| 2026-09-25 | Scott Peters | Democrat | buy | 250K–500K |
| 2026-09-24 | Gil Cisneros | Democrat | buy | 250K–500K |
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $74.66 | +0.2% | · | $1,002 | +0.2% |
| 2 months | $79.23 | -5.5% | · | $945 | -5.5% |
| 3 months | $81.79 | -8.5% | $0.52 | $921 | -7.9% |
| 6 months | $102.69 | -27.1% | $1.04 | $739 | -26.1% |
| 1 year | $86.68 | -13.7% | $2.06 | $887 | -11.3% |
| 2 years | $92.51 | -19.1% | $4.04 | $853 | -14.7% |
| 3 years | $87.79 | -14.8% | $5.93 | $920 | -8.0% |
| 5 years | $102.92 | -27.3% | $9.41 | $819 | -18.1% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever THO does next, these words stay.
Membership
Thirteen thousand names carry this page. One desk keeps them honest.
Membership opens the full screen archive, the composites built from it, and the daily coverage that prices what the screen approves.
Join the deskScreening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.