Soleil Securities Maintains a 'Buy' on Thor Industries (THO); Raises PT & Estimates
More News related to THO
- Thor Industries (THO) Co-Founder, Chairman, President, CEO, Wade Thompson, Passes Away
- Wade F. B. Thompson Co-Founder, Chairman, President and CEO Loses 14 Year Battle With Cancer
- Thor Industries (THO) Appoints Peter B. Orthwein as Interim Chairman/CEO
- Vice Chairman Peter B. Orthwein Appointed Interim Chairman, President, and Chief Executive Officer
- Thor Industries (THO) Reports Preliminary Sales and Backlog Data
Soleil Securities maintains a 'Buy' rating on Thor Industries (NYSE: THO), raises price target from $29 to $35.
Soleil analyst says, "With Thor's market shares increased to 31.1% in towable RVs (vs 30.4% last year) and 17.7% in motorized RVs (vs 15.1%), Thor is one of a very few viable RV companies left in an improving industry...We are raising our FY10 estimate to $1.32 per share (vs FY09's $0.50, the record $2.87 in FY06, and our prior estimate of $0.94) given excellent expense controls and improvement in an industry now with fewer competitors. We are introducing a FY11 estimate of $1.65 per share, assuming Thor continues to pick up share given its long-standing, good relationships with dealers and customers."
To see more analyst ratings on THO Click Here.
Thor Industries, Inc., together with its subsidiaries, manufactures and sells recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada.
Related Categories
Analyst CommentsStocks Mentioned
-0.48Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
