Thor Industries, Inc. THO was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $128.04 to $137.61 in the past one-month time frame.
The move came after the company reported better-than-expected first-quarter fiscal 2018 (ended Oct 31, 2017) results.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Thor Industries currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Building Products – Mobile Homes and RV Builders industry is Winnebago Industries, Inc. WGO,which also carries a Zacks Rank #1 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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