Thor Industries, Inc. (THO) Touches $156.50 High on Jan, 14; 2 Analysts Bullish Taiwan Semiconductor Manufacturing Company Limited (TSM)

January 14, 2018 - By Darrin Black

The stock of Thor Industries, Inc. (NYSE:THO) reached all time high today, Jan, 14 and still has $165.89 target or 6.00% above today’s $156.50 share price. This indicates more upside for the $8.25B company. This technical setup was reported by If the $165.89 PT is reached, the company will be worth $494.82M more. The stock decreased 0.16% or $0.25 during the last trading session, reaching $156.5. About 665,612 shares traded or 13.10% up from the average. Thor Industries, Inc. (NYSE:THO) has risen 48.76% since January 14, 2017 and is uptrending. It has outperformed by 32.06% the S&P500.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Taiwan Semiconductor Manufacturing had 12 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Neutral” rating by Susquehanna on Tuesday, October 4. On Tuesday, June 28 the stock rating was downgraded by Goldman Sachs to “Neutral”. The company was upgraded on Friday, December 11 by Credit Suisse. The rating was upgraded by Pacific Crest on Friday, October 14 to “Sector Weight”. The firm has “Hold” rating given on Thursday, October 13 by HSBC. The firm has “Buy” rating by J.P. Morgan given on Tuesday, October 10. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, September 6. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Monday, November 27 to “Equal-Weight” rating. The company was downgraded on Wednesday, June 21 by HSBC. See Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) latest ratings:

27/11/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
10/10/2017 Broker: J.P. Morgan Rating: Buy Upgrade
06/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock increased 0.39% or $0.16 during the last trading session, reaching $41.19. About 5.03M shares traded or 0.20% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since January 14, 2017 and is uptrending. It has outperformed by 34.70% the S&P500.

Taiwan Semiconductor Manufacturing Company Limited., together with its subsidiaries, engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices primarily in Taiwan. The company has market cap of $204.13 billion. It makes masks and electronic parts; sells solar related products; wholesales and retails electronic materials; and researches, develops, and tests RFID systems. It has a 18.51 P/E ratio. The firm is also involved in customer service and technical supporting, marketing and engineering supporting, and investment activities.

Analysts await Thor Industries, Inc. (NYSE:THO) to report earnings on March, 5. They expect $1.85 earnings per share, up 50.41% or $0.62 from last year’s $1.23 per share. THO’s profit will be $97.49 million for 21.15 P/E if the $1.85 EPS becomes a reality. After $2.43 actual earnings per share reported by Thor Industries, Inc. for the previous quarter, Wall Street now forecasts -23.87% negative EPS growth.

Thor Industries, Inc., through its subsidiaries, designs, makes, and sells recreational vehicles, and related parts and accessories primarily in the United States and Canada. The company has market cap of $8.25 billion. It operates through Towable Recreational Vehicles and Motorized Recreational Vehicles divisions. It has a 19.49 P/E ratio. The firm offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, and Basecamp trade names, as well as Interstate series of Class B motorhomes; gasoline and diesel Class A and Class C motorhomes under the Four Winds, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, A.C.E., Alante, Precept, Greyhawk, and Redhawk trade names; and luxury Class A motorhomes under Insignia, Aspire, Anthem, and Cornerstone trade names.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.11, from 1.17 in 2017Q2. It fall, as 42 investors sold Thor Industries, Inc. shares while 139 reduced holdings. 69 funds opened positions while 122 raised stakes. 45.03 million shares or 1.77% less from 45.84 million shares in 2017Q2 were reported. Bokf Na has 20,562 shares for 0.08% of their portfolio. Horizon Invest Svcs Lc stated it has 2.78% in Thor Industries, Inc. (NYSE:THO). First United Commercial Bank stated it has 0.66% in Thor Industries, Inc. (NYSE:THO). Vanguard Gru has invested 0.02% in Thor Industries, Inc. (NYSE:THO). Moreover, Castleark Ltd Liability Company has 0.02% invested in Thor Industries, Inc. (NYSE:THO) for 4,820 shares. Hilltop holds 14,326 shares. Moreover, Citigroup has 0.01% invested in Thor Industries, Inc. (NYSE:THO) for 53,684 shares. Jpmorgan Chase And Co holds 0.02% or 919,742 shares. Dupont Cap Management Corp owns 7,885 shares. Public Employees Retirement Association Of Colorado holds 0.01% of its portfolio in Thor Industries, Inc. (NYSE:THO) for 10,355 shares. Glenmede Com Na, a Pennsylvania-based fund reported 317,868 shares. 6,183 are held by Advantus Capital Management. Sit Inv Associates invested in 37,600 shares. Private Tru Na has invested 0.24% in Thor Industries, Inc. (NYSE:THO). Comml Bank Of Mellon Corp stated it has 702,032 shares or 0.02% of all its holdings.

Since September 18, 2017, it had 0 buys, and 2 insider sales for $575,840 activity. Shares for $255,680 were sold by KOSOWSKY J ALLEN on Tuesday, October 3. $320,160 worth of Thor Industries, Inc. (NYSE:THO) shares were sold by ORTHWEIN PETER BUSCH.

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