23 Sep

Thor Industries Reported Mixed Quarterly Results

WRITTEN BY Gabriel Kane

Thor Industries’ price movement

Thor Industries (THO) has a market cap of $2.83 billion. The company’s YTD (year-to-date) price movement is falling. After the earnings report for 4Q15, Thor stock rose by 0.96% to close at $54.56 per share. The price movement on a weekly, monthly, and YTD basis is 0.44%, -1.48%, and -1.47%, respectively. It’s trading at -1.50% on a trailing on a five-day basis.

Thor Industries Reported Mixed Quarterly Results

Technically, it has broken all of the major support throughout the year. Currently, it’s trading at -7.49% below the 20-day moving average, -8.93% below the 50-day moving average, and -13.32% below the 200-day moving average.

The IndexIQ Canada Small Cap ETF (CNDA) invests 1.59% of its holdings in Thor Industries. CNDA tracks a market-cap-weighted index of small-cap Canadian stocks. The index only invests in companies in the bottom 15% by market capitalization worth at least $150 million. CNDA’s YTD price movement is -24.64%. The First Trust Consumer Discretionary AlphaDEX ETF (FXD) invests 1.25% of its holdings in Thor Industries.

Thor Industries’ competitors and their market caps are:

  • Winnebago Industries (WGO) – $541.29 million
  • Drew Industries (DW) – $1.36 billion
  • Jarden (JAH) – $11.06 billion
  • General Motors (GM) – $48.50 billion
  • Berkshire Hathaway (BRK.A) – $319.29 billion

Thor Industries’ performance in 4Q15 and fiscal 2015

The company reported net revenue of $1,058.156 million in 4Q15—a fall of 9.80% on a quarterly basis. The net income and EPS (earnings per share) rose by 9.70% and 11.96% in 4Q15.

On June 11, 2015, the company announced the dividend of $0.27 per share. On May 1, 2015, Thor Industries has acquired Elkhart, Indiana-based Postle Operating. The total purchase price paid in cash was ~$144 million.

In fiscal 2015, the net revenue rose to $4,006.819—a rise of 13.60% on a yearly basis. The gross profit and EPS rose by 18.50% and 11.60%.

On the balance sheet, the inventories rose by 13.75% in fiscal 2015. The debt-to-equity ratio fell by 8.10%.

About Thor Industries

Thor Industries manufactures and sells a wide variety of recreational vehicles. It produces conventional travel trailers, fifth wheels, and park models. It also produces truck and folding campers in addition to equestrian and other specialty towable vehicles. The company’s operating segments include Airstream, CrossRoads RV, Dutchmen Manufacturing, Cruiser RV, Heartland Recreational Vehicles, Keystone RV Company, and Thor Motor Coach.

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