Thermon Group (THR) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Thermon Group (THR) is set to announce its Q1 2026 earnings results on August 6th, with expected earnings of $0.37 per share and revenue of $122.53 million.
• In its last earnings report, Thermon Group beat earnings estimates, reporting $0.56 EPS and $134.08 million in revenue, a 5.0% increase compared to the same quarter last year.
• Wall Street experts have upgraded Thermon Group from a "buy" to a "strong-buy" rating, reflecting positive market sentiment towards the company.

Thermon Group (NYSE:THR - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $122.53 million for the quarter. Thermon Group has set its FY 2026 guidance at 1.770-1.990 EPS.

Thermon Group (NYSE:THR - Get Free Report) last posted its earnings results on Thursday, May 22nd. The technology company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.06. The firm had revenue of $134.08 million during the quarter, compared to the consensus estimate of $133.65 million. Thermon Group had a return on equity of 13.08% and a net margin of 10.74%. The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.34 EPS. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Thermon Group Trading Down 3.3%

Shares of Thermon Group stock traded down $0.94 on Friday, reaching $27.34. The company had a trading volume of 144,895 shares, compared to its average volume of 182,389. The firm's 50-day moving average price is $27.65 and its two-hundred day moving average price is $27.93. Thermon Group has a 1 year low of $23.05 and a 1 year high of $33.25. The firm has a market cap of $908.78 million, a price-to-earnings ratio of 17.41 and a beta of 1.05. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.43 and a quick ratio of 1.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in THR. Royal Bank of Canada increased its holdings in shares of Thermon Group by 0.4% during the first quarter. Royal Bank of Canada now owns 258,852 shares of the technology company's stock valued at $7,209,000 after acquiring an additional 1,082 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Thermon Group by 66.9% in the first quarter. AQR Capital Management LLC now owns 40,365 shares of the technology company's stock worth $1,124,000 after buying an additional 16,177 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Thermon Group by 24.9% during the first quarter. Jane Street Group LLC now owns 39,130 shares of the technology company's stock worth $1,090,000 after buying an additional 7,798 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Thermon Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,822 shares of the technology company's stock valued at $552,000 after buying an additional 845 shares during the last quarter. 99.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Thermon Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th.

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.