Thermon Group Holdings, Inc. provides thermal engineered industrial process heating solutions for process industries in the United States, Canada, Europe, and Asia. Its products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. The company offers self-regulating and power limiting heating cables, which automatically increase or decrease heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated cables for generating high temperatures used in harsh environments; skin effect trace heaters, which could heat lines up to 15 miles long from a single power point; and heat traced tube bundles for environmental gas sampling systems. It also provides heat transfer compounds and steam tracers for steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers, and instrument sampling systems; hopper heating modules, which are self-contained heaters for use in cement plants and fossil fuel power facilities; and turnkey solutions that provide solutions for heat tracing comprising design, optimization, planning, product supply, engineering services, system integration, installation, commissioning, and maintenance. In addition, the company offers heating, sensing, monitoring, and controlling tools; and equipment for temporary electric power distribution and lighting products used in energy infrastructure construction projects and maintenance/turnaround projects. The company offers its solutions to the oil and gas, chemical processing, and power generation markets through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. is headquartered in San Marcos, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
SymbolNYSE:THR
CUSIP88362T10
Phone512-396-5801
Debt
Debt-to-Equity Ratio0.64
Current Ratio3.93
Quick Ratio2.66
Price-To-Earnings
Trailing P/E Ratio26.42
Forward P/E Ratio20.12
P/E GrowthN/A
Sales & Book Value
Annual Sales$308.61 million
Price / Sales2.76
Cash Flow$1.8167 per share
Price / Cash14.40
Book Value$10.50 per share
Price / Book2.49
Profitability
EPS (Most Recent Fiscal Year)$0.99
Net Income$11.91 million
Net Margins4.19%
Return on Equity9.55%
Return on Assets5.24%
Miscellaneous
Employees1,480
Outstanding Shares32,560,000
Market Cap$857.65 million
Thermon Group (NYSE:THR) Frequently Asked Questions
What is Thermon Group's stock symbol?
Thermon Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "THR."
How were Thermon Group's earnings last quarter?
Thermon Group Holdings Inc (NYSE:THR) issued its earnings results on Wednesday, August, 1st. The technology company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.14 by $0.10. The technology company earned $88.90 million during the quarter, compared to analysts' expectations of $78.65 million. Thermon Group had a net margin of 4.19% and a return on equity of 9.55%. The business's revenue for the quarter was up 71.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS. View Thermon Group's Earnings History.
When is Thermon Group's next earnings date?
What price target have analysts set for THR?
5 Wall Street analysts have issued twelve-month target prices for Thermon Group's stock. Their predictions range from $25.00 to $31.00. On average, they anticipate Thermon Group's share price to reach $27.75 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Thermon Group.
What is the consensus analysts' recommendation for Thermon Group?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Thermon Group.
Who are some of Thermon Group's key competitors?
Who are Thermon Group's key executives?
Thermon Group's management team includes the folowing people:
- Mr. Bruce A. Thames, Pres, CEO & Director (Age 55)
- Mr. Jay C. Peterson, CFO, Sr. VP of Fin., Assistant Sec. & Assistant Treasurer (Age 61)
- Mr. Johannes van der Salm, Sr. VP of Global Operations (Age 54)
- Mr. Eric C. Reitler, Sr. VP of Global Sales (Age 50)
- Sarah Alexander, Gen. Counsel & Sec.
Has Thermon Group been receiving favorable news coverage?
Headlines about THR stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Thermon Group earned a news impact score of 0.18 on Accern's scale. They also gave news stories about the technology company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Thermon Group.
Who are Thermon Group's major shareholders?
Thermon Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van Berkom & Associates Inc. (7.79%), Janus Henderson Group PLC (6.36%), BlackRock Inc. (6.32%), Eagle Asset Management Inc. (5.84%), Dimensional Fund Advisors LP (5.28%) and Carillon Tower Advisers Inc. (4.97%). View Institutional Ownership Trends for Thermon Group.
Which major investors are selling Thermon Group stock?
THR stock was sold by a variety of institutional investors in the last quarter, including WCM Investment Management CA, Janus Henderson Group PLC, Renaissance Technologies LLC, Granite Investment Partners LLC, Bank of America Corp DE, Rutabaga Capital Management LLC MA, Sterling Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Thermon Group.
Which major investors are buying Thermon Group stock?
THR stock was purchased by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Millennium Management LLC, Pwmco LLC, United Services Automobile Association, BlackRock Inc., Eagle Asset Management Inc., State of New Jersey Common Pension Fund D and Citadel Advisors LLC. View Insider Buying and Selling for Thermon Group.
How do I buy shares of Thermon Group?
Shares of THR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Thermon Group's stock price today?
One share of THR stock can currently be purchased for approximately $26.16.
How big of a company is Thermon Group?
Thermon Group has a market capitalization of $857.65 million and generates $308.61 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $0.99 on an earnings per share basis. Thermon Group employs 1,480 workers across the globe.
How can I contact Thermon Group?
Thermon Group's mailing address is 100 THERMON DRIVE, SAN MARCOS TX, 78666. The technology company can be reached via phone at 512-396-5801 or via email at [email protected]
MarketBeat Community Rating for Thermon Group (NYSE THR)
MarketBeat's community ratings are surveys of what our community members think about Thermon Group and other stocks. Vote "Outperform" if you believe THR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe THR will underperform the S&P 500 over the long term. You may vote once every thirty days.
