Benchmark Co. analyst Michael Albanese has maintained their neutral stance on THO stock, giving a Hold rating today.
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Michael Albanese has given his Hold rating due to a combination of factors impacting Thor Industries. The decision stems from a challenging consumer discretionary environment and concerns about potential market share losses for some of Thor’s brands. Additionally, the European segment, once a growth area, is now facing difficulties that are expected to persist in the near term.
Moreover, the product mix is becoming less favorable as consumers lean towards more value-oriented options. While the company’s FY25 guidance aligns with expectations, the outlook for FY26 remains cautious with only modest growth anticipated. The current valuation reflects these suppressed earnings, and Albanese prefers to wait for stronger fundamental momentum or a more favorable retail environment before considering a more positive rating.
In another report released today, Citi also maintained a Hold rating on the stock with a $100.00 price target.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THO in relation to earlier this year.