THO - Thor Industries Inc (NYSE Stock) - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

Evil-Eye · #1 08-06-2007, 08:53 PM

@ $2/sh.

Business & Financial News, Breaking US & International News | Reuters.com

THO on Google Finance

CHART

daiello · #2 08-07-2007, 12:53 AM

Too rich for me lol!

Evil-Eye · #3 08-07-2007, 06:19 AM

Quote:

Originally Posted by daiello

Too rich for me lol!

Me too but I don't want to be accused of concealing anything. Acts of omission are as bad as acts of commission.

**BadThad** · #4 08-07-2007, 09:03 AM

Thanks Evil-Eye!

I'm going to do some DD on that company, that's a huge divy payout I'd be happy to take in. :D

Biz Summary

Quote:

Thor Industries, Inc. produces and sells a range of recreation vehicles, and small and mid-size buses in the United States and Canada. The Company's principal recreation vehicle operating subsidiaries are Airstream, Inc. (Airstream), CrossRoads RV (CrossRoads), Dutchmen Manufacturing, Inc. (Dutchmen), Four Winds International, Inc. (Four Winds), Keystone RV Company (Keystone), Komfort Corp. (Komfort), Citair, Inc. (Citair), Thor California, Inc. (Thor California) and Damon Corporation (Damon). Its principal bus operating subsidiaries are Champion Bus, Inc. (Champion), ElDorado National California, Inc. (ElDorado California), ElDorado National Kansas, Inc. (ElDorado Kansas) and Goshen Coach, Inc. (Goshen Coach). On May 27, 2005, the Company acquired Goshen Coach Division of Veritrans Specialty Vehicles, Inc. The Company operates through three reportable segments: towable recreation vehicles, motorized recreation vehicles and buses.

**BadThad** · #5 08-07-2007, 11:33 AM

Some DD, TheStreet.com:

Quote:

RECOMMENDATION
We rate THOR INDUSTRIES INC (THO) a BUY. This is driven by some important positives, which we believe
should have a greater impact than any weaknesses, and should give investors a better performance
opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its
largely solid financial position with reasonable debt levels by most measures, good cash flow from operations
and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster
performance in the stock itself.
HIGHLIGHTS
THO has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a
relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate
quick ratio of 1.43, which illustrates the ability to avoid short-term cash problems.
Net operating cash flow has significantly increased by 50.15% to $46.98 million when compared to the same
quarter last year. Despite an increase in cash flow, THOR INDUSTRIES INC's cash flow growth rate is still
lower than the industry average growth rate of 66.35%.
THO, with its decline in revenue, underperformed when compared the industry average of 15.2%. Since the
same quarter one year prior, revenues slightly dropped by 7.9%. Weakness in the company's revenue seems
to have hurt the bottom line, decreasing earnings per share.
The company's current return on equity has slightly decreased from the same quarter one year prior. This
implies a minor weakness in the organization. In comparison to the other companies in the Automobiles
industry and the overall market, THOR INDUSTRIES INC's return on equity significantly exceeds that of the
industry average and is above that of the S&P 500.
THOR INDUSTRIES INC's earnings per share declined by 24.7% in the most recent quarter compared to the
same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely
to report a decline in earnings in the coming year. During the past fiscal year, THOR INDUSTRIES INC
increased its bottom line by earning $2.87 versus $2.13 in the prior year. For the next year, the market is
expecting a contraction of 23.0% in earnings ($2.21 versus $2.87).