NYSE:THR - Thermon Group Stock Price, News, & Analysis

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$24.15 -0.84 (-3.36 %)
(As of 05/23/2019 09:48 AM ET)
Previous Close$24.99
Today's Range$24.15 - $24.33
52-Week Range$18.37 - $27.95
Volume1,116 shs
Average Volume90,517 shs
Market Capitalization$787.29 million
P/E Ratio24.39
Dividend YieldN/A
Beta1.35
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.

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Industry, Sector and Symbol

Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
CUSIP88362T10
Phone512-690-0600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$308.61 million
Cash Flow$1.7487 per share
Book Value$10.50 per share

Profitability

Net Income$11.91 million

Miscellaneous

Employees1,480
Market Cap$787.29 million
Next Earnings Date5/23/2019 (Estimated)
OptionableOptionable

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) released its quarterly earnings results on Wednesday, January, 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.05. The technology company had revenue of $119.36 million for the quarter, compared to analyst estimates of $100.28 million. Thermon Group had a net margin of 5.50% and a return on equity of 10.70%. The firm's revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 earnings per share. View Thermon Group's Earnings History.

When is Thermon Group's next earnings date?

Thermon Group is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Thermon Group.

What price target have analysts set for THR?

2 analysts have issued 1 year price objectives for Thermon Group's stock. Their predictions range from $28.00 to $29.00. On average, they expect Thermon Group's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price. View Analyst Price Targets for Thermon Group.

What is the consensus analysts' recommendation for Thermon Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Thermon Group.

Has Thermon Group been receiving favorable news coverage?

Headlines about THR stock have been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Thermon Group earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Thermon Group's key competitors?

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 Uniqure (QURE), TiVo (TIVO), Tesla (TSLA), St. Joe (JOE), Superior Industries International (SUP), Watts Water Technologies (WTS), K&S (SDF), Metals Exploration (MTL), Royal Dutch Shell (RDSA) and DS Smith (SMDS).

Who are Thermon Group's key executives?

Thermon Group's management team includes the folowing people:
  • Mr. Bruce A. Thames, Pres, CEO & Director (Age 56)
  • Mr. Jay C. Peterson, CFO, Sr. VP of Fin., Assistant Sec. & Assistant Treasurer (Age 62)
  • Mr. Johannes van der Salm, Sr. VP of Global Operations (Age 55)
  • Mr. Eric C. Reitler, Consultant (Age 51)
  • Sarah Alexander, Gen. Counsel & Sec.

Who are Thermon Group's major shareholders?

Thermon Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (11.48%), Van Berkom & Associates Inc. (8.26%), BlackRock Inc. (6.66%), Dimensional Fund Advisors LP (5.34%), Janus Henderson Group PLC (5.07%) and Northern Trust Corp (2.15%). Company insiders that own Thermon Group stock include Jay Peterson and Kevin J Mcginty. 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 Janus Henderson Group PLC, Kennedy Capital Management Inc., BlackRock Inc., Morgan Stanley, Van Berkom & Associates Inc., TD Asset Management Inc., Wells Fargo & Company MN and Victory Capital Management Inc.. View Insider Buying and Selling for Thermon Group.

Which major investors are buying Thermon Group stock?

THR stock was acquired by a variety of institutional investors in the last quarter, including WCM Investment Management LLC, Jennison Associates LLC, Goldman Sachs Group Inc., Northern Trust Corp, Geode Capital Management LLC, Marshall Wace LLP, Hotchkis & Wiley Capital Management LLC and Hotchkis & Wiley Capital Management LLC. Company insiders that have bought Thermon Group stock in the last two years include Jay Peterson and Kevin J Mcginty. 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 $24.15.

How big of a company is Thermon Group?

Thermon Group has a market capitalization of $787.29 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.

What is Thermon Group's official website?

The official website for Thermon Group is http://www.thermon.com/.

How can I contact Thermon Group?

Thermon Group's mailing address is 7171 SOUTHWEST PKWY BUILDING 300 SUITE 200, AUSTIN TX, 78735. The technology company can be reached via phone at 512-690-0600 or via email at [email protected]


MarketBeat Community Rating for Thermon Group (NYSE THR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  233 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  464
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.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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