Home Sectors Consumer Cyclical Valuation Now: Thor Industries (NYSE: THO)

Valuation Now: Thor Industries (NYSE: THO)

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Thor Industries is in the consumer cyclical sector and is part of the autos industry. The company CEO is Robert W. Martin. Thor Industries Inc is engaged in manufacturing recreational vehicles in the United States and sells those vehicles in the United States and Canada. Its segments are towable recreational vehicles and motorized recreational vehicles.

Previous Intraday Trading Performance:

The THO stock showed a previous change of -3.09% with an open at 82.06 and a close of 79.25. It reached an intraday high of 82.06 and a low of 79.19.

SeekingAlpha:  Thor: When The Hammer Strikes

Liquidity:

The stock has a market cap of $4.2b with 52.7m shares outstanding, of which the float is 35.3m shares. Trading volume reached 719,787 shares compared to its average volume of 1,270,422 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Thor Industries shares returned -4.39% and in the past 30 trading days it returned -18.35%. Over three months, it changed -21.71%. In one year it has changed -37.90% and within that year its 52-week high was 161.48 and its 52-week low was 79.19. THO stock is 0.08% above its 52 Week Low.

Our calculations show a 200 day moving average of 110.05 and a 50 day moving average of 92.91. Currently THO stock is trading -27.99% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Thor: When The Hammer Strikes

Earnings:

The last annual fiscal EPS for the company was reported at 8.55 that ended on 31st of July 2018, which according to the previous close, that is a PE of 9.74. Based on 3 analyst estimates, the consensus EPS for the next quarter is 2.65. The TTM EPS is 9.14, which comes to a TTM PE of 8.67. Historically, the PE high was 9.74 and the PE low was 8.67. THO stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
07-31-2018:  1.67
04-30-2018:  2.53
01-31-2018:  1.92
10-31-2017:  2.43

The dividend per share is currently 1.48, which is a dividend yield of 1.87%. Also, the payout ratio is 16.19%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 192.88, which means it is possibly undervalued and has a margin of safety of 58.91%

Indicators to Watch:

Based on the latest filings, there is 90.90% of institutional ownership. Short-interest is 2,814,862, which is 5.34% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.54. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.32

Business Wire:  Tenet to Report Third Quarter Results on November 5

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 24.61%, return on assets is 16.21%, profit margin is 5.31%, price-to-sales is 0.52 and price-to-book is 2.22.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.