Thor Industries, Inc. Common St (NYSE:THO).
On September 28, 2016 the stock rating was changed to a “Buy” according to a Great Lakes report which is up from the previous “” rating. On September 13 the company was upgraded to “Buy” from “” in a report from Northcoast Research.
Equity analyst Wunderlich both downgraded the stock and raised the price target on August 19 boosting the price target from $68.00 to $80.00 and altering the rating from “Buy” to “Hold”. On August 19 the stock rating was downgraded from “Buy” to “Hold” and a price target of $80.00 was set in a statement from Wunderlich.
On July 29 the stock rating was upgraded from “Neutral” to “Buy” in a report issued by SunTrust Robinson Humphrey.
The company is trading up by 1.10 percent from yesterday’s close. Additionally the company announced a dividend for shareholders which was paid on Tuesday the 28th of June 2016. The dividend payment was $0.300 per share for the quarter which comes to $1.20 on an annualized basis. This dividend represents a yield of $1.47. The ex-dividend date was Thursday the 16th of June 2016.
The stock is trading at $86.60 which is marginally higher than the 50 day moving average which is $79.98 and which is marginally over the 200 day moving average of $69.68. The 50 day moving average went up by +8.42% whereas the 200 day moving average was up $17.03 or +24.45%.
The company currently has a P/E ratio of 18.82 and the market cap is 4.55B. As of the latest earnings report the EPS was $4.61 and is estimated to be $5.71 for the current year with 52,482,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $1.13 and the next full year EPS is projected to be $6.45.