Banking

Thor Industries Earns Upgrade In Key Ratings Metric

On Tuesday, Thor Industries (THO) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 97.




X



The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. The market’s biggest winners often have a 95 or higher rating in the early stages of a new price run, so that’s a good item to have on your checklist when looking for the best stocks to buy and watch.

Thor Industries has now climbed above a proper buy zone after clearing the 107.68 entry in a double bottom.


Looking For The Best Stocks To Buy And Watch? Try These Exclusive Lists


 

Thor Industries stock has an 81 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 81% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q2, Thor Industries posted 255% earnings-per-share growth. That marks three straight quarters of rising EPS performance. Revenue growth increased 36%, up from 18% in the prior quarter. The company has now posted rising growth in each of the last three quarters.

Thor Industries holds the No. 2 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. Patrick Industries (PATK) is the top-ranked stock within the group.

YOU MIGHT ALSO LIKE:

Which Companies Are Now Outperforming 95% Of All Stocks?

See Which Stocks Just Came On — And Off — IBD’s Top Stock Lists

Evaluate Any Stock With Stock Ratings, IBD Charts And Stock Checkup

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button