#2 - Thor Industries (NYSE:THO)
Thor Industries (NYSE:THO )is the 2nd of the big two RV manufacturers on our list. This company operates in three segments that are all seeing robust demand increases that show no sign of slowing down. The Q3 report shows that revenue is not only growing on a YOY basis but that growth is accelerating. The best news is that company backlogs are up 195% over the previous year ensuring many quarters of operational strength if not growth.
Something investors should take note of is the margins. Increased demand at Thor Industries is creating cost-leverage and amping the earnings. This is important because Thor Industries, like many of its outdoor recreation peers, trades at a deep discount relative to the broad market and pays a safely growing dividend. The company has been increasing for 9 years with every indication the 10th increase will come next year. And the yield is about double the payment from Winnebago.
About THOR Industries
THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.
Read More - Current Price
- $112.18
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 3 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $110.80 (1.2% Downside)
