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Why Thor Industries (THO) Could Be Positioned for a Surge
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Thor Industries, Inc. (THO - Free Report) is a manufacturer of a wide range of recreational vehicles that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on ESIO’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that ESIO International could be a solid choice for investors.
Current Quarter Estimates for THO
In the past 30 days, four estimates have gone higher for Thor Industries’ while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $1.56 a share 30 days ago to $1.85 per share today.
Current Year Estimates for THO
Meanwhile, Thor Industries’ current year figures are also looking quite promising, with four estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $8.14 per share 30 days ago to $8.95 per share today, an increase of 10%.
The stock has also started to move higher lately, adding 17.12% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Why Thor Industries (THO) Could Be Positioned for a Surge
Thor Industries, Inc. (THO - Free Report) is a manufacturer of a wide range of recreational vehicles that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on ESIO’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that ESIO International could be a solid choice for investors.
Current Quarter Estimates for THO
In the past 30 days, four estimates have gone higher for Thor Industries’ while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $1.56 a share 30 days ago to $1.85 per share today.
Current Year Estimates for THO
Meanwhile, Thor Industries’ current year figures are also looking quite promising, with four estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $8.14 per share 30 days ago to $8.95 per share today, an increase of 10%.
Thor Industries, Inc. Price and Consensus
Thor Industries, Inc. Price and Consensus | Thor Industries, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 17.12% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>