About the RV Industry Getting Clobbered

deaddog said:
Do you actually get anything out of that long a look back, except to see that it had some wild swings?
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No not really, but it never hurts to look. One click of a mouse. Doesn't cost anything.
One can only truly evaluate a company based on its filings.
That said, historic PE's are important, and with a company that's as economically sensitive as this one, there might be some tells there with an S&P overlay now that you bring it up. On a long term chart.
Lots to it, that's for sure. There's a 100 things one can delve into.

I do think they'll revise down before next Q's numbers though. They almost have to.
But then again, there's that $17B backlog and the $250M buyback for 2022.
How'd I get sucked into this thread anyway? :rolleyes:
 
Vanzandt- I don’t believe in buy low, sell high. It should be, buy high, sell higher.

as for your question on when thing bottom… I would at least wait for a W. But you’re bottom fishing when you do it. I’d wait for the broader industry to pick up. Which it’s not. Stocks tend to follow its industry, which tend to follow its sector, which tends to follow the overall market. When one of those things isn’t aligned, I don’t bet that it will suddenly change. Why would it? Fundamentals may be nice, but if they were being valued at w
 
:sneaky:

Thor stock set to rally after big earnings beat and record revenue
Published: June 8, 2022 at 6:49 a.m. ET


Shares of Thor Industries Inc. THO, -0.94% were indicated up nearly 5% in premarket trading Wednesday, after the recreational vehicle (RV) maker reported a big fiscal third-quarter earnings beat, as results were boosted by increases in both average sales prices and units sold. That helped offset a recently lowered industry outlook for RV demand for the year.

Net income for the quarter to April 30 surged to $348.1 million, or $6.32 a share, from $183.3 million, or $3.29 a share, in the year-ago period. The FactSet consensus for earnings per share was $4.77.

Sales grew 34.6% to a quarterly record of $4.66 billion

Net sales for the third quarter were $4.66 billion, an increase of 34.6% as compared to the third quarter of fiscal 2021.
Consolidated gross profit margin for the third quarter was 17.3%, a 270 basis point improvement over the comparable prior-year period.
Earnings per share for the third quarter were $6.32 per diluted share, an increase of 92.1% as compared to $3.29 per diluted share in the same period of the prior fiscal year.

Consolidated RV backlog as of April 30, 2022 was $13.88 billion.

During the third quarter, the Company repurchased approximately $40.0 million of common stock under its $250.0 million share repurchase program.
During the third quarter, the Company made principal payments of approximately $124.6 million on its Term Loan. Subsequent to the end of the third fiscal quarter, the Company made additional principal payments of approximately $140.5 million on the Term Loan.

________________________________

All that, and watch what happens when Ukraine is over.
100's of thousands of trailers will be ordered to house the 11M returning refugees.
7 factories in Europe.
Good ol Thor. :thumbsup:
 
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treeman said:
“Shares of Thor Industries Inc. THO, -0.94% were indicated up nearly 5% in premarket trading Wednesday, ”

LOL
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Typical sell the news event.
It'll be fine. The buyback will keep a floor under it.
$66 will be an excellent entry now when the inevitable market correction comes.
That drop just now from $79 just mirrored the greater tide. Everything dropped in the last hour.
Turbulent times Treeman.

$90 before $60 again.
 
treeman said:
I stand by - don’t buy stocks in stage 4 downtrends. It’s standing in front of a speeding train. Oil prices have been elevated for a while. Narratives are exactly that.
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You made the PERFECT bottom call Treeman.
May 23rd.

vanzandt said:
Typical sell the news event.
It'll be fine. The buyback will keep a floor under it.
$66 will be an excellent entry now when the inevitable market correction comes.
That drop just now from $79 just mirrored the greater tide. Everything dropped in the last hour.
Turbulent times Treeman.

$90 before $60 again.
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:wtf::wtf::wtf:
THO >>>> $91.50
 
deaddog said:
That's what it's done!!
What's the plan for today? Buy Sell Hold?
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Hold.

Again what no one else in the world has mentioned besides me (in this thread)... is when that war in Ukraine ends, they will get billions in contracts from governments around the world to supply 6M refugees returning home to rebuild with temporary shelter. Like I said.... Hurricane Katrina X 1000

upload_2022-8-15_14-38-43.jpeg
 
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