Thor Industries, Inc. THO was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $123.41-$140.97 in the past one-month time frame, showed a sharp increase yesterday.
The move came after the company’s subsidiary Airstream, Inc. is expected to make the most important plant expansion worth $40 million.
The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate 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 #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the Construction sector is Century Communities, Inc. CCS, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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