Thor Industries (THO) has a market cap of $4.5 billion. It fell 0.19% to close at $84.69 per share on October 10, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.4%, 8.6%, and 52.3%, respectively, on the same day.
THO is trading 2.7% above its 20-day moving average, 5.4% above its 50-day moving average, and 29.1% above its 200-day moving average.
Related ETF and peers
The iShares Morningstar Small Core ETF (JKJ) invests 0.62% of its holdings in Thor Industries. The ETF tracks a market cap–weighted index of US small-cap core stocks. The index selects stocks from 90%–97% of market cap that falls into Morningstar’s core style categorization. The YTD price movement of JKJ was 12.5% on October 10.
The market caps of Thor Industries’ competitors are as follows:
- Berkshire Hathaway (BRK.A): $357.1 billion
- Drew Industries (DW): $2.4 billion
Thor Industries declared dividend
Thor Industries (THO) declared a regular quarterly dividend of $0.33 per share, a rise of 10%, on its common stock. The dividend will be paid on November 7, 2016, to shareholders of record at the close of business on October 24, 2016.
Performance of Thor Industries in fiscal 4Q16
Thor Industries reported fiscal 4Q16 net sales of $1.3 billion, a YoY (year-over-year) rise of 18.2%, compared to net sales of $1.1 billion in fiscal 4Q15.
Sales of towable RVs and motorized RVs rose 19.8% and 35.3% YoY, respectively, in fiscal 4Q16. The company’s gross profit margin and income from continuing operations before income taxes rose 6.8% and 26.7% YoY, respectively, in fiscal 4Q16.
Its net income and EPS (earnings per share) rose to $82.8 million and $1.57, respectively, in fiscal 4Q16 compared to $69.0 million and $1.31, respectively, in fiscal 4Q15.
Fiscal 2016 results
In fiscal 2016, Thor Industries (THO) reported net sales of $4.6 billion, which represents a rise of 15.0% YoY. The company’s gross profit margin rose 13.9% in fiscal 2016. It reported impairment charges of $9.1 million in fiscal 2016.
Its net income and EPS rose to $256.5 million and $4.88, respectively, in fiscal 2016, compared to $199.4 million and $3.74, respectively, in fiscal 2015.
THO’s cash and cash equivalents and inventories rose 14.4% and 64.1%, respectively, in fiscal 2016. Its current ratio fell to 1.6x, and its debt-to-equity ratio rose to 0.84x in fiscal 2016, compared to its current ratio and a debt-to-equity ratio of 2.1x and 0.41x, respectively, in fiscal 2015. The company reported a consolidated RV backlog of $1.2 billion on July 31, 2016, which represents a YoY rise of 109.1%.
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