Roth Capital Lowers Earnings Estimates for Thermon Group

Key Points

• Roth Capital has revised its earnings estimates for Thermon Group, lowering the Q2 2026 forecast from $0.36 to $0.30 per share, while the consensus estimate for the full year is $1.88.
• Thermon Group reported quarterly earnings of $0.36 per share, missing analyst expectations of $0.37, and experienced a 5.4% decline in revenue year-over-year.
• Wall Street Zen downgraded Thermon Group's stock rating from strong-buy to hold, indicating a potential shift in investor sentiment.

Thermon Group Holdings, Inc. (NYSE:THR - Free Report) - Investment analysts at Roth Capital lowered their Q2 2026 earnings per share estimates for shares of Thermon Group in a note issued to investors on Friday, August 8th. Roth Capital analyst C. Moore now forecasts that the technology company will earn $0.30 per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for Thermon Group's current full-year earnings is $1.88 per share.

Thermon Group (NYSE:THR - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.01). Thermon Group had a return on equity of 12.76% and a net margin of 10.89%. The firm had revenue of $108.90 million for the quarter, compared to the consensus estimate of $122.53 million. During the same period in the previous year, the company posted $0.38 EPS. Thermon Group's quarterly revenue was down 5.4% compared to the same quarter last year.

Separately, Wall Street Zen downgraded Thermon Group from a "strong-buy" rating to a "hold" rating in a research report on Saturday.

Thermon Group Price Performance

THR opened at $24.07 on Monday. Thermon Group has a 12-month low of $23.05 and a 12-month high of $33.25. The company has a current ratio of 2.43, a quick ratio of 1.64 and a debt-to-equity ratio of 0.24. The business's fifty day simple moving average is $27.70 and its 200-day simple moving average is $27.80. The company has a market capitalization of $795.59 million, a price-to-earnings ratio of 15.23 and a beta of 1.09.

Institutional Investors Weigh In On Thermon Group

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in Thermon Group by 127.9% during the fourth quarter. Bank of America Corp DE now owns 73,363 shares of the technology company's stock valued at $2,111,000 after purchasing an additional 41,178 shares in the last quarter. Rhumbline Advisers boosted its position in Thermon Group by 3.7% during the first quarter. Rhumbline Advisers now owns 48,192 shares of the technology company's stock valued at $1,342,000 after purchasing an additional 1,709 shares in the last quarter. Cerity Partners LLC bought a new stake in Thermon Group during the first quarter valued at about $446,000. SG Americas Securities LLC raised its stake in Thermon Group by 221.6% in the first quarter. SG Americas Securities LLC now owns 20,346 shares of the technology company's stock valued at $567,000 after buying an additional 14,019 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Thermon Group by 10.8% in the fourth quarter. Northern Trust Corp now owns 336,909 shares of the technology company's stock valued at $9,693,000 after buying an additional 32,755 shares during the last quarter. 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.

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