Roth Capital Decreases Earnings Estimates for Thermon Group

Thermon Group Holdings, Inc. (NYSE:THR) – Stock analysts at Roth Capital decreased their Q3 2026 earnings estimates for Thermon Group in a research report issued to clients and investors on Thursday, May 22nd. Roth Capital analyst C. Moore now anticipates that the technology company will post earnings per share of $0.57 for the quarter, down from their previous estimate of $0.65. The consensus estimate for Thermon Group’s current full-year earnings is $1.88 per share. Roth Capital also issued estimates for Thermon Group’s Q4 2026 earnings at $0.52 EPS and FY2026 earnings at $1.81 EPS.

Thermon Group (NYSE:THR) last announced its earnings results on Thursday, May 22nd. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.06. Thermon Group had a net margin of 9.48% and a return on equity of 11.72%. The business had revenue of $134.08 million during the quarter, compared to the consensus estimate of $133.65 million. During the same quarter last year, the firm earned $0.34 earnings per share. Thermon Group’s quarterly revenue was up 5.0% on a year-over-year basis.

Separately, Wall Street Zen raised shares of Thermon Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

Thermon Group Price Performance

Shares of NYSE THR opened at $26.51 on Monday. Thermon Group has a twelve month low of $23.05 and a twelve month high of $35.84. The firm has a fifty day simple moving average of $27.28 and a 200 day simple moving average of $28.77. The company has a market capitalization of $893.22 million, a PE ratio of 19.49 and a beta of 1.07. The company has a quick ratio of 1.71, a current ratio of 2.56 and a debt-to-equity ratio of 0.28.

Hedge Funds Weigh In On Thermon Group

Hedge funds have recently bought and sold shares of the company. CWM LLC grew its holdings in Thermon Group by 68.9% in the first quarter. CWM LLC now owns 922 shares of the technology company’s stock worth $26,000 after purchasing an additional 376 shares during the period. D.A. Davidson & CO. grew its holdings in Thermon Group by 2.1% in the fourth quarter. D.A. Davidson & CO. now owns 29,908 shares of the technology company’s stock worth $860,000 after purchasing an additional 626 shares during the period. Bank of New York Mellon Corp grew its holdings in Thermon Group by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 109,898 shares of the technology company’s stock worth $3,061,000 after purchasing an additional 631 shares during the period. Principal Financial Group Inc. grew its holdings in Thermon Group by 3.7% in the first quarter. Principal Financial Group Inc. now owns 17,990 shares of the technology company’s stock worth $501,000 after purchasing an additional 639 shares during the period. Finally, Quarry LP grew its holdings in Thermon Group by 314.1% in the fourth quarter. Quarry LP now owns 853 shares of the technology company’s stock worth $25,000 after purchasing an additional 647 shares during the period. Institutional investors own 99.76% of the company’s stock.

Thermon Group Company Profile

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 offers 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.