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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:THR

Thermon Group (THR) Stock Price, News & Analysis

$32.73
+0.86 (+2.70%)
(As of 03/28/2024 ET)
Today's Range
$31.91
$32.75
50-Day Range
$24.61
$33.96
52-Week Range
$20.56
$34.07
Volume
309,488 shs
Average Volume
286,608 shs
Market Capitalization
$1.10 billion
P/E Ratio
22.73
Dividend Yield
N/A
Price Target
$36.00

Thermon Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.0% Upside
$36.00 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Thermon Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$39,964 Bought Last Quarter
Proj. Earnings Growth
7.22%
From $1.80 to $1.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.47 out of 5 stars

Computer And Technology Sector

358th out of 589 stocks

Electrical Industrial Apparatus Industry

6th out of 10 stocks

THR stock logo

About Thermon Group Stock (NYSE:THR)

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also offers controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; and rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names. In addition, it provides transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; track and switch heater, gas blower accessories; transit heaters; and velocity heat. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. The company serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is based in Austin, Texas.

THR Stock Price History

THR Stock News Headlines

Thermon Group (NYSE:THR) Stock Rating Upgraded by StockNews.com
Thermon Group (NYSE:THR) Downgraded to Hold at StockNews.com
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Thermon Group Holdings Inc
Major Elon Musk Crypto Leak Revealed
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Thermon Reports Third Quarter Fiscal 2024 Results
Thermon Group Holdings Inc.
Thermon Group Holdings, Inc.: Thermon Acquires Vapor Power
Thermon Acquires Vapor Power
Thermon Appoints Victor L. Richey to Board of Directors
Thermon Group Holdings, Inc.: Thermon to Host 2023 Investor Day
Thermon to Host 2023 Investor Day
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
3/28/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
5/23/2024

Industry, Sector and Symbol

Industry
Electrical industrial apparatus
Sub-Industry
Electrical Components & Equipment
CUSIP
88362T10
Employees
1,405
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.00
High Stock Price Target
$36.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+10.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$33.67 million
Pretax Margin
13.62%

Debt

Sales & Book Value

Annual Sales
$440.59 million
Cash Flow
$2.24 per share
Book Value
$12.51 per share

Miscellaneous

Free Float
33,074,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
1.16
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Key Executives

  • Mr. Bruce A. ThamesMr. Bruce A. Thames (Age 61)
    President, CEO & Director
    Comp: $1.88M
  • Mr. Kevin FoxMr. Kevin Fox (Age 40)
    Senior VP & CFO
    Comp: $779.66k
  • Mr. Roberto Kuahara (Age 58)
    Senior Vice President of Global Operations
    Comp: $625.64k
  • Mr. Thomas N. Cerovski (Age 52)
    Senior Vice President of Global Sales
    Comp: $795.85k
  • Mr. Mark John Roberts (Age 63)
    Senior Vice President of Thermon Heating Systems & Engineering
    Comp: $636.89k
  • Ivonne Salem
    Vice President of FP&A and Investor Relations
  • Mr. Ryan Tarkington (Age 43)
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Candace Harris-Peterson (Age 45)
    Vice President of Human Resources
  • Mr. David Buntin (Age 54)
    Senior Vice President of Thermon Heat Tracing, Research & Development
    Comp: $545.47k

THR Stock Analysis - Frequently Asked Questions

Should I buy or sell Thermon Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" THR shares.
View THR analyst ratings
or view top-rated stocks.

What is Thermon Group's stock price target for 2024?

1 Wall Street research analysts have issued twelve-month price objectives for Thermon Group's stock. Their THR share price targets range from $36.00 to $36.00. On average, they anticipate the company's stock price to reach $36.00 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for THR
or view top-rated stocks among Wall Street analysts.

How have THR shares performed in 2024?

Thermon Group's stock was trading at $32.57 at the beginning of the year. Since then, THR stock has increased by 0.5% and is now trading at $32.73.
View the best growth stocks for 2024 here
.

Are investors shorting Thermon Group?

Thermon Group saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 552,000 shares, a decline of 23.3% from the February 29th total of 719,700 shares. Based on an average daily volume of 273,200 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.7% of the company's shares are short sold.
View Thermon Group's Short Interest
.

When is Thermon Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our THR earnings forecast
.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings, Inc. (NYSE:THR) announced its quarterly earnings data on Thursday, February, 1st. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.09. The technology company had revenue of $136.43 million for the quarter, compared to analyst estimates of $128.22 million. Thermon Group had a net margin of 10.05% and a trailing twelve-month return on equity of 14.60%.

What ETFs hold Thermon Group's stock?

ETFs with the largest weight of Thermon Group (NYSE:THR) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).iShares Micro-Cap ETF (IWC).

What guidance has Thermon Group issued on next quarter's earnings?

Thermon Group issued an update on its FY 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of 1.760-1.840 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of $490.0 million-$500.0 million, compared to the consensus revenue estimate of $489.0 million.

What is Rodney Bingham's approval rating as Thermon Group's CEO?

20 employees have rated Thermon Group Chief Executive Officer Rodney Bingham on Glassdoor.com. Rodney Bingham has an approval rating of 49% among the company's employees. This puts Rodney Bingham in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Thermon Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermon Group investors own include General Mills (GIS), Seabridge Gold (SA), Teekay LNG Partners (TGP), Trevena (TRVN), Ball (BLL), Chimerix (CMRX), Cinemark (CNK), Canadian Natural Resources (CNQ) and

Who are Thermon Group's major shareholders?

Thermon Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.98%), Vanguard Group Inc. (9.97%), Van Lanschot Kempen Investment Management N.V. (6.66%), Dimensional Fund Advisors LP (5.27%), Wellington Management Group LLP (4.48%) and Brown Advisory Inc. (2.79%). Insiders that own company stock include Alastair Clayton, Bruce Thames, Candace Harris-Peterson, Der Salm Johannes Rene Van, John T Nesser III, Kevin Fox, Mark McGeough, Michael (Mick) Billing, Nicole Galloway Warland and Roger L Fix.
View institutional ownership trends
.

How do I buy shares of Thermon Group?

Shares of THR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:THR) was last updated on 3/29/2024 by MarketBeat.com Staff

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