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Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia to cut oil output by 1 million barrels per day to boost slumping prices
The single greatest medical breakthrough of all time? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The single greatest medical breakthrough of all time? (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
The single greatest medical breakthrough of all time? (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia to cut oil output by 1 million barrels per day to boost slumping prices
The single greatest medical breakthrough of all time? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The single greatest medical breakthrough of all time? (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
The single greatest medical breakthrough of all time? (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia to cut oil output by 1 million barrels per day to boost slumping prices
The single greatest medical breakthrough of all time? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The single greatest medical breakthrough of all time? (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
The single greatest medical breakthrough of all time? (Ad)
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
NYSE:THR

Thermon Group (THR) Stock Forecast, Price & News

$23.65
+0.92 (+4.05%)
(As of 06/2/2023 ET)
Compare
Today's Range
$22.89
$23.72
50-Day Range
$20.67
$25.45
52-Week Range
$13.26
$27.85
Volume
196,016 shs
Average Volume
165,121 shs
Market Capitalization
$792.51 million
P/E Ratio
23.42
Dividend Yield
N/A
Price Target
N/A

Thermon Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of Thermon Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$225 Bought Last Quarter
Proj. Earnings Growth
15.43%
From $1.75 to $2.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Computer And Technology Sector

84th out of 606 stocks

Electrical Industrial Apparatus Industry

1st out of 9 stocks


THR stock logo

About Thermon Group (NYSE:THR) Stock

Thermon Group Holdings, Inc. engages in the development, manufacture, and trade of engineered thermal solutions for process industries. It operates through the following geographical segments: United States & Latin America (US-LAM), Canada, Europe, Middle East & Africa (EMEA), and Asia Pacific (APAC). Its products include electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products. The company was founded by Richard Burdick in October 1954 and is headquartered in Austin, TX.

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THR Stock News Headlines

Thermon Group (NYSE:THR) Issues FY 2024 Earnings Guidance
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"
He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.
Thermon Group (NYSE:THR) Posts Earnings Results
Q4 2023 Thermon Group Holdings Inc Earnings Call
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"
He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.
Thermon Group (THR) Q4 Earnings Match Estimates
Thermon Group (THR) Scheduled to Post Earnings on Thursday
StockNews.com Begins Coverage on Thermon Group (NYSE:THR)
Thor Energy Plc
Thor Energy aims to focus on the 'green energy' economy
Thor Energy announces "potential gamechanger" at Alford East
See More Headlines

THR Price History

THR Company Calendar

Last Earnings
5/25/2023
Today
6/04/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Electrical industrial apparatus
Sub-Industry
Electrical Components & Equipment
CUSIP
88362T10
Employees
1,405
Year Founded
N/A

Profitability

Net Income
$33.67 million
Pretax Margin
11.17%

Debt

Sales & Book Value

Annual Sales
$440.59 million
Cash Flow
$2.16 per share
Book Value
$12.50 per share

Miscellaneous

Free Float
33,078,000
Market Cap
$792.51 million
Optionable
Optionable
Beta
1.26

Key Executives

  • Bruce A. ThamesBruce A. Thames
    President, Chief Executive Officer & Director
  • Roberto Kuahara
    Senior Vice President-Operations
  • Kevin FoxKevin Fox
    CFO & Senior Vice President-Corporate Development
  • Ryan Tarkington
    Secretary, Senior Vice President & General Counsel
  • Ivonne Salem
    Manager-Financial Planning & Analysis













THR Stock - Frequently Asked Questions

How have THR shares performed in 2023?

Thermon Group's stock was trading at $20.08 at the beginning of 2023. Since then, THR shares have increased by 17.8% and is now trading at $23.65.
View the best growth stocks for 2023 here
.

Are investors shorting Thermon Group?

Thermon Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 206,100 shares, an increase of 20.9% from the April 15th total of 170,500 shares. Based on an average daily volume of 189,400 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company's shares are short sold.
View Thermon Group's Short Interest
.

When is Thermon Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our THR earnings forecast
.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings, Inc. (NYSE:THR) announced its quarterly earnings results on Thursday, May, 25th. The technology company reported $0.41 EPS for the quarter, meeting analysts' consensus estimates of $0.41. The technology company had revenue of $122.48 million for the quarter, compared to the consensus estimate of $114.89 million. Thermon Group had a trailing twelve-month return on equity of 13.00% and a net margin of 7.64%. During the same period in the previous year, the company earned $0.31 earnings per share.

What ETFs hold Thermon Group's stock?
What guidance has Thermon Group issued on next quarter's earnings?

Thermon Group updated its FY 2024 earnings guidance on Tuesday, May, 30th. The company provided EPS guidance of $1.66-$1.82 for the period, compared to the consensus earnings per share estimate of $1.69. The company issued revenue guidance of $455.00 million-$485.00 million, compared to the consensus revenue estimate of $458.80 million.

What is Rodney Bingham's approval rating as Thermon Group's CEO?

20 employees have rated Thermon Group Chief Executive Officer Rodney Bingham on Glassdoor.com. Rodney Bingham has an approval rating of 49% among the company's employees. This puts Rodney Bingham in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Thermon Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermon Group investors own include General Mills (GIS), Seabridge Gold (SA), Teekay LNG Partners (TGP), Trevena (TRVN), Ampio Pharmaceuticals (AMPE), Ball (BLL), Chimerix (CMRX), Cinemark (CNK), Canadian Natural Resources (CNQ) and

What is Thermon Group's stock symbol?

Thermon Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "THR."

Who are Thermon Group's major shareholders?

Thermon Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Van Lanschot Kempen Investment Management N.V. (7.93%), BlackRock Inc. (7.40%), Dimensional Fund Advisors LP (5.18%), Harvey Partners LLC (4.93%), Wellington Management Group LLP (3.49%) and Brown Advisory Inc. (3.04%). Insiders that own company stock include Alastair Clayton, Bruce Thames, Candace Harris-Peterson, Der Salm Johannes Rene Van, John T Nesser III, Kevin Fox, Mark McGeough, Michael (Mick) Billing and Nicole Galloway Warland.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Thermon Group's stock price today?

One share of THR stock can currently be purchased for approximately $23.65.

How much money does Thermon Group make?

Thermon Group (NYSE:THR) has a market capitalization of $792.51 million and generates $440.59 million in revenue each year. The technology company earns $33.67 million in net income (profit) each year or $1.01 on an earnings per share basis.

How many employees does Thermon Group have?

The company employs 1,405 workers across the globe.

How can I contact Thermon Group?

Thermon Group's mailing address is 7171 SOUTHWEST PARKWAY BUILDING 300 SUITE 200, AUSTIN TX, 78735. The official website for the company is www.thermon.com. The technology company can be reached via phone at (512) 690-0600, via email at investor.relations@thermon.com, or via fax at 512-396-3627.

This page (NYSE:THR) was last updated on 6/4/2023 by MarketBeat.com Staff

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