S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:THR

Thermon Group Stock Forecast, Price & News

$17.62
-0.73 (-3.98%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$17.13
$18.05
50-Day Range
$15.77
$19.82
52-Week Range
$14.09
$22.61
Volume
99,600 shs
Average Volume
123,649 shs
Market Capitalization
$587.49 million
P/E Ratio
88.10
Dividend Yield
N/A
Beta
1.5
30 days | 90 days | 365 days | Advanced Chart
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Thermon Group logo

About Thermon Group

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.

Headlines

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Industry, Sector and Symbol

Industry
Electrical industrial apparatus
Sub-Industry
Electrical Components & Equipment
CUSIP
88362T10
Employees
1,083
Year Founded
N/A

Sales & Book Value

Annual Sales
$276.18 million
Cash Flow
$0.95 per share
Book Value
$11.32 per share

Profitability

Net Income
$1.16 million
Pretax Margin
3.55%

Debt

Price-To-Earnings

Miscellaneous

Free Float
32,864,000
Market Cap
$587.49 million
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Today
11/29/2021
Next Earnings (Estimated)
2/03/2022
Fiscal Year End
3/31/2022

MarketRank

Overall MarketRank

2.62 out of 5 stars

Computer And Technology Sector

109th out of 891 stocks

Electrical Industrial Apparatus Industry

3rd out of 10 stocks

Analyst Opinion: 3.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Thermon Group (NYSE:THR) Frequently Asked Questions

Is Thermon Group a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Thermon Group stock.
View analyst ratings for Thermon Group
or view top-rated stocks.

How has Thermon Group's stock price been impacted by COVID-19?

Thermon Group's stock was trading at $14.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, THR stock has increased by 23.4% and is now trading at $17.62.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Thermon Group?

Thermon Group saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 267,300 shares, a decline of 22.3% from the October 31st total of 344,100 shares. Based on an average daily volume of 114,000 shares, the short-interest ratio is presently 2.3 days. Currently, 0.8% of the company's stock are short sold.
View Thermon Group's Short Interest
.

When is Thermon Group's next earnings date?

Thermon Group is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for Thermon Group
.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings, Inc. (NYSE:THR) announced its earnings results on Tuesday, November, 9th. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The technology company earned $81.32 million during the quarter, compared to analyst estimates of $73.05 million. Thermon Group had a net margin of 2.21% and a trailing twelve-month return on equity of 4.54%. During the same quarter in the prior year, the company earned $0.12 EPS.
View Thermon Group's earnings history
.

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

Thermon Group issued an update on its FY 2022 earnings guidance on Tuesday, November, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $330 million-$345 million, compared to the consensus revenue estimate of $303.53 million.

What price target have analysts set for THR?

1 Wall Street analysts have issued 12-month price targets for Thermon Group's stock. Their forecasts range from $26.00 to $26.00. On average, they expect Thermon Group's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price.
View analysts' price targets for Thermon Group
or view top-rated stocks among Wall Street analysts.

Who are Thermon Group's key executives?

Thermon Group's management team includes the following people:
  • Bruce A. Thames, President, Chief Executive Officer & Director
  • Johannes van der Salm, Senior Vice President-Global Operations
  • Kevin Fox, CFO & Senior Vice President-Corporate Development
  • Mark Roberts, SVP-Global Engineering & Project Services
  • David Buntin, Senior Vice President-Thermon Heat Tracing

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

20 employees have rated Thermon Group CEO Rodney Bingham on Glassdoor.com. Rodney Bingham has an approval rating of 49% among Thermon Group'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 CorMedix (CRMD).

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 retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (7.20%), BlackRock Inc. (7.11%), Eagle Asset Management Inc. (5.09%), Dimensional Fund Advisors LP (4.37%), Janus Henderson Group PLC (3.95%) and New South Capital Management Inc. (3.12%). Company insiders that own Thermon Group stock include Bruce Thames, Der Salm Johannes Rene Van, John T Nesser III and Michael W Press.
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 Deutsche Bank AG, Janus Henderson Group PLC, Wellington Management Group LLP, BlackRock Inc., Hotchkis & Wiley Capital Management LLC, Eagle Asset Management Inc., Truist Financial Corp, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Thermon Group
or view top insider-selling stocks.

Which major investors are buying Thermon Group stock?

THR stock was purchased by a variety of institutional investors in the last quarter, including New South Capital Management Inc., Roubaix Capital LLC, Millennium Management LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Bank of New York Mellon Corp, Goldman Sachs Group Inc., and SG Americas Securities LLC. Company insiders that have bought Thermon Group stock in the last two years include Bruce Thames, John T Nesser III, and Michael W Press.
View insider buying and selling activity for Thermon Group
or or view top insider-buying stocks.

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 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 $17.62.

How much money does Thermon Group make?

Thermon Group has a market capitalization of $587.49 million and generates $276.18 million in revenue each year. The technology company earns $1.16 million in net income (profit) each year or $0.20 on an earnings per share basis.

How many employees does Thermon Group have?

Thermon Group employs 1,083 workers across the globe.

What is Thermon Group's official website?

The official website for Thermon Group is www.thermon.com.

Where are Thermon Group's headquarters?

How can I contact Thermon Group?

Thermon Group's mailing address is 7171 SOUTHWEST PARKWAY BUILDING 300 SUITE 200, AUSTIN TX, 78735. The technology company can be reached via phone at (512) 690-0600, via email at [email protected], or via fax at 512-396-3627.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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