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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

» THOR's 10-Y Financials

Financials (Next Earnings Date: 0)

Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2015

THOR Guru Trades in Q1 2015

Manning & Napier Advisors, Inc 1,219,930 sh (-34.32%)
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Q2 2015

THOR Guru Trades in Q2 2015

Jim Simons 202,839 sh (New)
Manning & Napier Advisors, Inc 1,066,760 sh (-12.56%)
» More
Q3 2015

THOR Guru Trades in Q3 2015

Mario Gabelli 298,800 sh (New)
Manning & Napier Advisors, Inc Sold Out
Jim Simons 144,639 sh (-28.69%)
» More
Q4 2015

THOR Guru Trades in Q4 2015

Jim Simons Sold Out
Mario Gabelli Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with THOR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Medical Devices » Medical Devices
Traded in other countries:TL1.Germany,

Thoratec Corporation incorporated in the State of California in 1976 provides mechanical circulatory support with a product portfolio to treat the full range of clinical needs for advanced heart failure patients. It develops, manufactures and markets proprietary medical devices used for circulatory support. Following the sale of ITC in 2010, the Company has one operating segment: Cardiovascular group. This segment is organized and operates to develop and manufacture mechanical circulatory products to support the cardiovascular systems of humans. The Company's VAD products primarily serve patients suffering from late-stage HF. HF is a chronic disease that occurs when degeneration of the heart muscle reduces the pumping power of the heart, causing the heart to become too weak to pump blood at a level sufficient to meet the body's demands. Hospitals that perform open heart surgery and heart transplants are the potential customers for its Thoratec and HeartMate products. The Company estimates that it sells into 293 of these centers. According to the Company's estimates, it is in approximately 149 centers in the United States and 144 centers internationally. Competition from medical device companies and medical device divisions of healthcare companies, pharmaceutical companies and gene- and cell-based therapies is intense and is expected to increase. It therefore continues to expect new competitors both from the pharmacological and the medical device space. Among the medical device competitors are Aachen Innovative Solutions GmbH, AbioMed, Inc., Berlin Heart GmbH, HeartWare International Inc., Jarvik Heart, Inc., Maquet Cardiovascular, LLC (a division of Getinge AB), MicroMed Technology, Inc., Sun Medical Technology Research Corporation, SynCardia Systems, Inc., and Terumo Heart, Inc. All of the Company's proposed products will require regulatory approval prior to commercialization. In particular, medical devices are subject to rigorous pre-clinical testing as a condition of approval by the FDA and by similar authorities in foreign countries.

Guru Investment Theses on Thoratec Corp

Mario Gabelli Comments on Thoratec Corp - Oct 19, 2015

Thoratec Corp. (NASDAQ:THOR)(2.1%) (THOR – $63.26 – NASDAQ), headquartered in Pleasanton, California, designs, manufactures and sells products to treat the full range of clinical needs for patients suffering from advanced heart failure. On July 22, 2015, St. Jude Medical announced that it would acquire the company for $63.50 cash per share in a merger worth $3.4 billion. Following regulatory and shareholder approvals, the transaction is expected to close in the fourth quarter of 2015.

From Mario Gabelli (Trades, Portfolio)'s third quarter 2015 ABC Fund commentary.

Check out Mario Gabelli latest stock trades



Buy Back


Valuation & Return


More Statistics

Revenue (TTM) (Mil) $483.8
EPS (TTM) $ 0.70
Short Percentage of Float4.82%
52-Week Range $25.04 - 63.51
Shares Outstanding (Mil)54.80

Analyst Estimate

Dec15 Dec16
Revenue (Mil $) 489 530
EPS ($) 1.13 1.60
EPS w/o NRI ($) 1.13 1.60
EPS Growth Rate
(3Y to 5Y Estimate)
Dividends Per Share ($)
» More Articles for THOR


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Heart device maker St. Jude to buy Thoratec for $3.4 bln Jul 22 2015

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