Home Sectors Consumer Cyclical Trading Results: Thor Industries (NYSE: THO)

Trading Results: Thor Industries (NYSE: THO)

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Thor Industries trades as part of the autos industry and consumer cyclical sector. 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 -1.29% with an open at 66.15 and a close of 65.27. It reached an intraday high of 66.95 and a low of 65.12.

SeekingAlpha:  Investment Process Special (Part 2 Of 3): Growth Is Fleeting With Thor Industries And IPG Photonics

Liquidity:

The stock has a market cap of $3.6b with 55.1m shares outstanding, of which the float is 37.6m shares. Trading volume reached 807,356 shares compared to its average volume of 863,316 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 5.67% and in the past 30 trading days it returned 1.52%. Over three months, it changed 16.80%. In one year it has changed -47.50% and within that year its 52-week high was 127.56 and its 52-week low was 47.71. THO stock is 36.81% above its 52 Week Low.

Our calculations show a 200 day moving average of 79.16 and a 50 day moving average of 63.28. Currently THO stock is trading -17.54% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Investment Process Special (Part 2 Of 3): Growth Is Fleeting With Thor Industries And IPG Photonics

Earnings:

The last annual fiscal EPS for the company was reported at 8.14 that ended on 31st of July 2018, which according to the previous close, that is a PE of 8.02. Based on 3 analyst estimates, the consensus EPS for the next quarter is 1.93. The TTM EPS is 8.55, which comes to a TTM PE of 7.63. Historically, the PE high was 23.80 and the PE low was 7.63. THO stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
01-31-2019:  0.65
10-31-2018:  1.28
07-31-2018:  1.67
04-30-2018:  2.53

The dividend per share is currently 1.56, which is a dividend yield of 2.39%. Also, the payout ratio is 18.25%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 328.29, which means it is possibly undervalued and has a margin of safety of 80.12%

Indicators to Watch:

Based on the latest filings, there is 135.10% of institutional ownership. Short-interest is 2,698,891, which is 4.90% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.69. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.71

SeekingAlpha:  Terex: Profit Taking Despite Solid Q4 Results And A Good Outlook

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.10%, return on assets is 8.82%, profit margin is 3.31%, price-to-sales is 0.51 and price-to-book is 1.91.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 4  :Future Growth Score
 3  :Dividend Score
 4  :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.