Thor Industries, Inc. (NYSE:THO):
Shareholder Class Action Filed Against Tahoe Resources, Inc. Securities – (TAHO; THO).
The company is now up since yesterday’s close of $102.65.
Additionally the company announced a dividend paid on Wednesday the 12th of July 2017. The dividend payment was $0.330 per share for the quarter or $1.32 annualized. The dividend yield was $1.28. The ex-dividend date was set for Wednesday the 21st of June 2017.
Thor Industries, Inc., launched on July 26, 1983, manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily throughout the United States and Canada, as well as related parts and accessories. The Business’s segments include towable recreational vehicles, motorized recreational vehicles and Other. The towable recreational vehicle segment includes the operations of Airstream, Inc. (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp. (Jayco) (including Jayco towable, Starcraft and Highland Ridge), Keystone RV Company (Keystone) (including CrossRoads and Dutchmen) and K.Z., Inc. (KZ) (including Livin’ Lite RV, Inc. (Livin’ Lite)). The motorized recreational vehicle segment includes the operations of Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach) and Thor Motor Coach, Inc. (Thor Motor Coach). Its Other segment includes the operations of its subsidiary, Postle Operating, LLC (Postle)..
Company chares are trading at $104.42 slightly over the 50 day moving average of $99.61 and marginally over the 200 day moving average of $100.54. The 50 day moving average was up $4.85 or +4.87% and the 200 day average moved up $3.92.
Thor Industries, Inc.’s P/E ratio is 16.30 and market cap is 5.49B. As of the latest earnings report the EPS was $6.41 and is projected to be $6.76 for the current year with 52,586,000 shares outstanding. Next quarter’s EPS is estimated at $1.69 with next year’s EPS projected to be $7.49.
Several analysts have provided guidance on the company. On July 7, 2017 Stifel Nicolaus released its first research report on the stock setting a rating of “Hold”. On November 29 BMO Capital held the stock rating at “Market Perform” but raised the price target to $102.00 from $67.00.
On September 28 the company was upgraded to “Buy” from “Gradually Accumulate” in a report issued by Wellington Shields. On September 28 the stock rating was upgraded from “” to “Buy” in a statement from Great Lakes.
On September 13 the stock rating was upgraded to “Buy” from “” in an announcement from Northcoast Research. Wunderlich downgraded the stock and raised the price target on August 19 changing the price target from $68.00 to $80.00 and moving the rating from “Buy” to “Hold”.Advertisement