Categories Other Industries, Trending Stocks

Thor Industries (THO) can be a good investment option for risk-takers

Thor Industries, Inc. (NYSE: THO), a market leader in recreational vehicles, is part of an industry that has come in the firing line of coronavirus, and the epidemic-related disruption is taking a heavy toll on all travel-related businesses. Currently, uncertainty looms over the future of Thor and its peers, due to the the market turmoil.

Near-term Woes

Since the company sources raw materials from the regions affected by the pandemic, supply chain disruptions will affect the business, though it remained resilient to the crisis in the initial weeks. With the peak season approaching, the current volatility could be a concern for the stakeholders. The main risk is that the company is dependent on a single dealer for about one-fifth of its business.

[irp posts=”52739″]

Though things don’t look very promising, at least for the time being, the strong order book and positive demand trend indicate the company would survive the crisis and get back on track. So, those looking for long-term investments can consider adding Thor to their portfolio.

Future Perfect

Thor has enjoyed stable demand for its products and is focused on expanding the business. Hymer USA, a unique facility being planned at Bristol, is expected to help the company broaden its market share in North America, though the recent setback has put the venture in limbo. Erwin Hymer Group, the European firm that joined the Thor fold one year ago, has been a key contributor to revenues since then.

Almost all the analysts following Thor believe the stock is a good buy, with the price estimated to double in the long term. The company’s earnings performance has been average in the past, in terms of beating the estimates.

Looking Back

Thor ended the first half of 2020 on a positive note, posting earnings of $0.52 per share compared to a loss last year. The improvement reflects a marked increase in revenues to $2 billion. While the top-line exceeded the market’s expectations, earnings missed.

After shifting to recovery mode in mid-2019, Thor’s shares maintained the uptrend during the remainder of the year and beyond. But the stock started declining a few weeks ago and has lost 56% since then.

Most Popular

United Parcel Service (UPS) seems on track to regain lost strength

Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic

IPO Alert: What to look for when Boundless Bio goes public

Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.

Nike (NKE) bets on innovation and partnerships to return to high growth

Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company

Comments

  1. Pingback: fue
  2. Pingback: MBA tuition fees
  3. Pingback: Dr. Khaled Azazy
  4. Pingback: Dr. Khaled Azazy
  5. Pingback: faretti a binario
  6. Pingback: pulley machine
  7. Pingback: Fiverr Earn
  8. Pingback: Fiverr Earn
  9. Pingback: Fiverr Earn
  10. Pingback: Fiverr Earn
  11. Pingback: Fiverr Earn
  12. Pingback: fiverrearn.com
  13. Pingback: fiverrearn.com
  14. Pingback: red boost buy
  15. Pingback: fiverrearn.com
  16. Pingback: fiverrearn.com
  17. Pingback: fiverrearn.com
  18. Pingback: fiverrearn.com
  19. Pingback: fiverrearn.com
  20. Pingback: grey frenchie
  21. Pingback: cavapoo
  22. Pingback: bernedoodles
  23. Pingback: jute vs sisal rug
  24. Pingback: bikini
  25. Pingback: future university
  26. Pingback: future university
  27. Pingback: future university
  28. Pingback: future university
  29. Pingback: future university
  30. Pingback: french bulldog
  31. Pingback: lean manufacturing
  32. Pingback: FUE
  33. Pingback: Classic Books 500
  34. Pingback: FiverrEarn
  35. Pingback: FiverrEarn
  36. Pingback: Media
  37. Pingback: FiverrEarn
  38. Pingback: partners
  39. Pingback: Economics
  40. Pingback: kerassentials
  41. Pingback: collagenius
  42. Pingback: Betting
  43. Pingback: FiverrEarn
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: live sex cams
  47. Pingback: live sex cams
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: FiverrEarn
  54. Pingback: FiverrEarn
  55. Pingback: FiverrEarn
  56. Pingback: Kuliah Termurah
  57. Pingback: FiverrEarn
  58. Pingback: FiverrEarn
  59. Pingback: FiverrEarn
  60. Pingback: FiverrEarn
  61. Pingback: cheap sex cams
  62. Pingback: fullersears.com
  63. Pingback: live sex cams
  64. Pingback: live sex cams
  65. Pingback: live sex cams
  66. Pingback: live sex cams
  67. Pingback: frt trigger
  68. Pingback: Derecho fiscal
  69. Pingback: 늑대닷컴
  70. Pingback: Situs judi online
  71. Pingback: nang sydney
  72. Pingback: superslot
  73. Pingback: allgame
  74. Pingback: 918kiss
  75. Pingback: หวย24
  76. Pingback: Beauty products
  77. Pingback: pg slot
  78. Pingback: regles 421
  79. Pingback: cybersécurité
  80. Pingback: health supplements
  81. Pingback: itsMasum.Com
  82. Pingback: itsMasum.Com
  83. Pingback: Nangs delivery
  84. Pingback: nangs sydney
  85. Pingback: Skywhip tanks
  86. Pingback: Plombier Tours
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top