Thor Stock Hits New 52-Week High (THO)

NEW YORK ( TheStreet) -- Thor Industries (NYSE: THO) hit a new 52-week high Friday as it is currently trading at $34.19, above its previous 52-week high of $34.17 with 244,883 shares traded as of 11:13 a.m. ET. Average volume has been 441,400 shares over the past 30 days.

Thor has a market cap of $1.73 billion and is part of the consumer goods sector and automotive industry. Shares are up 24% year to date as of the close of trading on Thursday.

Thor Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of various recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. The company has a P/E ratio of 16, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Thor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Thor Ratings Report.

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