Thermon Group Holdings, Inc. (NYSE:THR) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts rate Thermon Group as a "Hold": six brokers average a Hold rating (five holds, one buy) with a one-year consensus target of $57, and several firms have recently downgraded their ratings.
• Thermon reported a quarterly beat—$0.66 EPS vs. $0.59 expected and $147.3M revenue (up 9.6% year-over-year)—and set FY2026 guidance of $1.640–$1.780 EPS while analysts project ~1.88 EPS for the year.
• The stock trades near $54 with a 52‑week range of $23.86–$58.56, a market cap of about $1.77B and a P/E of 30.61, and is largely institutionally owned (99.76%) with recent notable inflows from firms like Invesco and Millennium.

Thermon Group Holdings, Inc. (NYSE:THR - Get Free Report) has received an average rating of "Hold" from the six brokerages that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $57.00.

A number of research analysts have recently weighed in on the stock. Roth Mkm downgraded shares of Thermon Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 25th. Wall Street Zen downgraded shares of Thermon Group from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 1st. Zacks Research downgraded shares of Thermon Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 26th. William Blair downgraded shares of Thermon Group from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 25th. Finally, Craig Hallum downgraded shares of Thermon Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 2nd.

Thermon Group Trading Down 2.1%

Shares of THR stock opened at $53.88 on Thursday. Thermon Group has a 52-week low of $23.86 and a 52-week high of $58.56. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.84 and a current ratio of 2.90. The company has a 50-day simple moving average of $50.23 and a two-hundred day simple moving average of $40.44. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 30.61 and a beta of 0.72.

Thermon Group (NYSE:THR - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.07. Thermon Group had a net margin of 11.26% and a return on equity of 13.82%. The business had revenue of $147.31 million during the quarter, compared to the consensus estimate of $138.35 million. During the same period in the prior year, the firm posted $0.56 EPS. The firm's quarterly revenue was up 9.6% compared to the same quarter last year. Thermon Group has set its FY 2026 guidance at 1.640-1.780 EPS. Research analysts anticipate that Thermon Group will post 1.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Aristides Capital LLC bought a new position in shares of Thermon Group during the 4th quarter valued at approximately $204,000. Virtu Financial LLC bought a new position in shares of Thermon Group during the 4th quarter valued at approximately $549,000. Invesco Ltd. grew its position in shares of Thermon Group by 445.3% during the 4th quarter. Invesco Ltd. now owns 273,068 shares of the technology company's stock valued at $10,147,000 after acquiring an additional 222,990 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Thermon Group during the 4th quarter valued at approximately $251,000. Finally, Millennium Management LLC purchased a new stake in shares of Thermon Group during the 4th quarter valued at approximately $737,000. 99.76% of the stock is owned by institutional investors.

About Thermon Group

Thermon Group, Inc NYSE: THR is a global provider of engineered thermal solutions designed to maintain process temperatures, prevent freezing and improve energy efficiency across industrial, commercial and power generation applications. The company specializes in the design, manufacture, installation and service of heat tracing systems, insulation and protective coatings for pipelines, tanks, vessels and other critical equipment.

Thermon's core offerings include electric heat tracing, steam tracing, custom-engineered control panels, monitoring systems and advanced sensor technologies.

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