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.
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Industry, Sector and Symbol
Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
Phone512-690-0600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$412.64 million
Profitability
Miscellaneous
Employees1,465
Next Earnings Date10/30/2019 (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) announced its quarterly earnings data on Thursday, August, 8th. The technology company reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.09. The technology company earned $91.70 million during the quarter, compared to analysts' expectations of $89.35 million. Thermon Group had a return on equity of 10.42% and a net margin of 5.10%. Thermon Group's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 EPS. View Thermon Group's Earnings History.
When is Thermon Group's next earnings date?
What guidance has Thermon Group issued on next quarter's earnings?
Thermon Group updated its FY 2020 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $420.89484-429.14768 million, compared to the consensus revenue estimate of $423.94 million.
What price target have analysts set for THR?
2 analysts have issued 12-month price objectives for Thermon Group's stock. Their forecasts range from $28.00 to $29.00. On average, they anticipate 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?
Media stories about THR stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Thermon Group earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Thermon Group.
Are investors shorting Thermon Group?
Thermon Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 301,200 shares, an increase of 13.2% from the July 31st total of 266,000 shares. Based on an average daily volume of 139,500 shares, the short-interest ratio is presently 2.2 days. Approximately 0.9% of the company's stock are sold short. View Thermon Group's Current Options Chain.
Who are some of Thermon Group's key competitors?
What other stocks do shareholders of Thermon Group own?
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 number of of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (10.25%), Vanguard Group Inc. (8.96%), BlackRock Inc. (8.70%), Van Berkom & Associates Inc. (8.19%), Eagle Asset Management Inc. (5.80%) and Janus Henderson Group PLC (5.49%). Company insiders that own Thermon Group stock include Der Salm Johannes Rene Van, James Pribble, Jay Peterson, John T Nesser III, John U Clarke, Kevin J Mcginty and Roger L Fix. View Institutional Ownership Trends for Thermon Group.
Which institutional investors are selling Thermon Group stock?
THR stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, WCM Investment Management LLC, United Services Automobile Association, Rutabaga Capital Management LLC MA, Wells Fargo & Company MN, Kempen Capital Management N.V., Jennison Associates LLC and Jennison Associates LLC. View Insider Buying and Selling for Thermon Group.
Which institutional investors are buying Thermon Group stock?
THR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, Impax Asset Management Group plc, Bank of America Corp DE, Granite Investment Partners LLC and Russell Investments Group Ltd.. Company insiders that have bought Thermon Group stock in the last two years include James Pribble, Jay Peterson, John T Nesser III, John U Clarke, Kevin J Mcginty and Roger L Fix. 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, Robinhood, 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 $790.43 million and generates $412.64 million in revenue each year. The technology company earns $22.76 million in net income (profit) each year or $1.19 on an earnings per share basis. Thermon Group employs 1,465 workers across the globe.View Additional Information About Thermon Group.
What is Thermon Group's official website?
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 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.
