The timing appears opportune to go long in shares of Thor Industries, Inc. as we anticipate another pick-up in the underlying trend. Investors have an opportunity to buy the stock and target the $ 164.5.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Thor Industries, Inc. accounts for 5.31 % of our USA Portfolio. A trade is currently open since 12/11/2017 with a purchase price of $ 150.38. Discover the other 19 stocks of the USA portfolio managed by the school135perm portfolio management team.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The tendency within the weekly time frame is positive above the technical support level at 113.94 USD
The stock is close to a major daily resistance at USD 155.25, which should be gotten rid of so as to gain new appreciation potential.
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