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Thor Industries Is Top-Rated ValuEngine Upgrade

|Includes: BLX, FSI, JBL, RM, Thor Industries, Inc. (THO)

VALUATION WATCH: Overvalued stocks now make up 46.04% of our stocks assigned a valuation and 15.53% of those equities are calculated to be overvalued by 20% or more. Six sectors are calculated to be overvalued.

UPGRADES --ValuEngine Top-Five BUY/STRONG BUY Upgrades

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.

We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market. Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.

We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

So, for today's bulletin we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Thor Industries (NYSE:THO) is the leader here.

 

 

 

 

 

 

Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return P/E Ratio Sector Name
THO THOR INDS INC 73.77 -0.68% 32.37% 1.09% 13.04% 15.33 Construction
FSI FLEXIBLE SOLTNS 1.63 16.54% 18.12% 0.99% 11.85% 10.87 Basic Materials
JBL JABIL CIRCUIT 20.57 -8.04% 3.26% 0.70% 8.42% 12.44 Computer and Technology
RM REGIONAL MANAGE 17.4 -2.53% 1.46% 0.70% 8.36% 9.78 Finance
BLX BANCO LATINOAME 28.1 -8.66% -0.32% 0.63% 7.54% 10.34 Finance

Below is today's data on Thor Industries :

Thor Industries manufactures a wide range of recreational vehicles (RVs) at various manufacturing facilities located in Indiana and Ohio and sold through independent dealers in the U.S. and Canada.

VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for THOR INDS INC on 2016-07-15. Based on the information we have gathered and our resulting research, we feel that THOR INDS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Sharpe Ratio.


 






ValuEngine Forecast
  Target
Price*
Expected
Return
1-Month 74.57 1.09%
3-Month 75.52 2.37%
6-Month 76.19 3.28%
1-Year 83.39 13.04%
2-Year 78.26 6.09%
3-Year 75.55 2.41%

 















Valuation & Rankings
Valuation 0.68% undervalued Valuation Rank(?) 48
1-M Forecast Return 1.09% 1-M Forecast Return Rank 99
12-M Return 32.37% Momentum Rank(?) 89
Sharpe Ratio 0.60 Sharpe Ratio Rank(?) 88
5-Y Avg Annual Return 16.17% 5-Y Avg Annual Rtn Rank 90
Volatility 26.97% Volatility Rank(?) 63
Expected EPS Growth 11.43% EPSGrowth Rank(?) 45
Market Cap (billions) 3.94 Size Rank 82
Trailing P/E Ratio 15.33 Trailing P/E Rank(?) 75
Forward P/E Ratio 13.75 Forward P/E Ratio Rank 62
PEG Ratio 1.34 PEG Ratio Rank 35
Price/Sales 0.91 Price/Sales Rank(?) 69
Market/Book 5.31 Market/Book Rank(?) 23
Beta 1.19 Beta Rank 34
Alpha 0.12 Alpha Rank 80
ValuEngine Market Overview

 

 

 

 

 

Summary of VE Stock Universe
Stocks Undervalued 53.96%
Stocks Overvalued 46.04%
Stocks Undervalued by 20% 23.51%
Stocks Overvalued by 20% 15.53%

 

ValuEngine Sector Overview

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Basic Materials 0.38% 8.34% 50.83% 18.38% overvalued 43.79% 31.45
Consumer Staples 0.18% 2.53% 9.98% 8.45% overvalued 4.94% 24.47
Utilities 0.33% 3.42% 14.58% 7.24% overvalued 9.04% 23.54
Multi-Sector Conglomerates 0.29% 2.21% 6.68% 6.40% overvalued -3.15% 18.86
Industrial Products 0.37% 4.82% 10.37% 2.34% overvalued -1.26% 22.60
Business Services -0.09% 3.26% 14.10% 0.07% overvalued -7.10% 23.53
Construction 0.25% 4.27% 25.33% 0.24% undervalued 2.63% 22.09
Oils-Energy -0.29% 1.13% 17.56% 1.23% undervalued -23.09% 23.56
Aerospace -0.24% 2.40% -2.65% 1.65% undervalued -4.50% 19.12
Finance 0.13% 3.03% 4.35% 2.06% undervalued -2.36% 16.24
Computer and Technology 0.06% 3.60% 9.34% 2.23% undervalued -2.36% 29.56
Consumer Discretionary 0.07% 4.07% 6.52% 2.84% undervalued -7.34% 21.79
Transportation -0.01% 6.35% 6.94% 8.47% undervalued -24.11% 14.18
Retail-Wholesale -0.43% 2.78% -0.70% 9.36% undervalued -11.16% 21.97
Medical 0.06% 4.46% 0.42% 9.83% undervalued -22.75% 27.62
Auto-Tires-Trucks 0.71% 4.36% -1.23% 16.78% undervalued -11.79% 12.46

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.