Thermon Group (THR) Stock Price, News & Analysis

Company Overview

Thermon Group Inc. is a global leader in engineered temperature maintenance solutions, specializing in heat tracing, process heating and freeze protection products. The company designs, manufactures and markets systems that maintain or raise the temperature of pipes, vessels and process-critical equipment in demanding industrial environments. Thermon’s portfolio includes self-regulating, constant-wattage and mineral-insulated heat trace cables, alongside control panels, temperature sensors and monitoring software that ensure safe and efficient operation of systems in extreme conditions.

In addition to its core product offerings, Thermon provides comprehensive engineering, installation and commissioning services. Its team of application engineers works closely with clients from project conception through start-up, delivering custom designs that meet precise thermal performance requirements. After installation, Thermon supports customers with preventative maintenance programs, technical training and remote monitoring solutions aimed at optimizing system reliability and minimizing downtime.

Thermon serves a broad range of end markets, including oil and gas production, petrochemical refining, power generation, renewable energy, water and wastewater treatment, transportation and infrastructure. The company operates manufacturing facilities, service centers and sales offices across North America, Latin America, Europe, the Middle East, South Asia and the Asia-Pacific region. This global footprint enables Thermon to respond rapidly to project demands and regulatory requirements in diverse geographic and climatic settings.

Founded in the mid-20th century, Thermon Group has built a reputation for technological innovation and quality craftsmanship. Headquartered in San Marcos, Texas, the company is led by a seasoned executive team with deep expertise in industrial heating, electrical engineering and project management. Under their leadership, Thermon continues to expand its product lines and service offerings, advancing its mission to provide reliable thermal solutions that promote safety, energy efficiency and operational excellence for customers worldwide.

Key Stats

• Today's Range: $29.05 to $29.27
• 50-Day Range: $25.72 to $30.41
• 52-Week Range: $23.05 to $34.36
• Volume: 62,894 shs
• Average Volume: 171,600 shs
• Market Capitalization: $967.95 million
• P/E Ratio: 18.55
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Thermon Group Stock Analysis - MarketRank™

Thermon Group scored higher than 58% of companies evaluated by MarketBeat, and ranked 346th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Thermon Group.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.98%

Earnings Growth

Earnings for Thermon Group are expected to grow by 7.98% in the coming year, from $1.88 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Thermon Group is 18.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Thermon Group is 18.55, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.24.

Price to Book Value per Share Ratio

Thermon Group has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.00% of the float of Thermon Group has been sold short.

Short Interest Ratio / Days to Cover

Thermon Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thermon Group has recently decreased by 0.37%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Thermon Group does not currently pay a dividend.

Dividend Growth

Thermon Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.00% of the float of Thermon Group has been sold short.

Short Interest Ratio / Days to Cover

Thermon Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thermon Group has recently decreased by 0.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

Thermon Group has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Thermon Group this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for THR on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Thermon Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Thermon Group is held by insiders.

Percentage Held by Institutions

99.76% of the stock of Thermon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

THR Stock Analysis - Frequently Asked Questions

How have THR shares performed this year?

Thermon Group's stock was trading at $28.77 at the start of the year. Since then, THR shares have increased by 1.2% and is now trading at $29.12.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings, Inc. (NYSE:THR) posted its quarterly earnings results on Thursday, May, 22nd. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.06. The company's revenue for the quarter was up 5.0% compared to the same quarter last year.
Read the conference call transcript.

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.

What other stocks do shareholders of Thermon Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Thermon Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), Chevron (CVX) and McKesson (MCK).

Company Calendar

• Last Earnings: 5/22/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INSTRU - CONTROL
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NYSE:THR
• CIK: 1489096
• Web: www.thermon.com
• Phone: (512) 690-0600
• Fax: 512-396-3627
• Employees: 1,568
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $1.57
• Trailing P/E Ratio: 18.55
• Forward P/E Ratio: 15.49
• P/E Growth: N/A
• Net Income: $53.51 million
• Net Margins: 10.74%
• Pretax Margin: 14.07%
• Return on Equity: 13.08%
• Return on Assets: 8.40%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 2.43
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $498.21 million
• Price / Sales: 1.94
• Cash Flow: $2.57 per share
• Price / Cash Flow: 11.33
• Book Value: $14.70 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 33,240,000
• Free Float: 32,412,000
• Market Cap: $967.95 million
• Optionable: Optionable
• Beta: 1.05