NYSE:THR Thermon Group - THR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Thermon Group Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $24.97 +0.97 (+4.04%) (As of 02/6/2023 02:15 PM ET) Add Compare Share Share Today's Range$23.95▼$25.0150-Day Range$19.05▼$24.0052-Week Range$13.26▼$25.01Volume199,823 shsAverage Volume166,868 shsMarket Capitalization$836.50 millionP/E Ratio24.01Dividend YieldN/APrice TargetN/A ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Thermon Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.70Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth7.64%From $1.57 to $1.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.47 out of 5 starsComputer And Technology Sector124th out of 611 stocksElectrical Industrial Apparatus Industry1st out of 9 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Thermon Group. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.61% of the float of Thermon Group has been sold short.Short Interest Ratio / Days to CoverThermon Group has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Thermon Group has recently decreased by 8.63%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldThermon Group does not currently pay a dividend.Dividend GrowthThermon Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for THR. Previous Next 3.2 News and Social Media Coverage News SentimentThermon Group has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Thermon Group this week, compared to 1 article on an average week.Search Interest4 people have searched for THR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Thermon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Thermon Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of Thermon Group is held by insiders.Percentage Held by Institutions94.59% of the stock of Thermon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Thermon Group are expected to grow by 7.64% in the coming year, from $1.57 to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Thermon Group is 24.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Thermon Group is 24.01, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 353.86.Price to Book Value per Share RatioThermon Group has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Thermon Group (NYSE:THR) StockThermon 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.Read More Receive THR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Thermon Group and its competitors with MarketBeat's FREE daily newsletter. Email Address THR Stock News HeadlinesFebruary 4, 2023 | americanbankingnews.comThermon Group (NYSE:THR) Shares Gap Up to $23.15February 3, 2023 | finance.yahoo.comThermon Group Holdings, Inc. (NYSE:THR) Q3 2023 Earnings Call TranscriptFebruary 6, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 2, 2023 | finanznachrichten.deThermon Group Holdings, Inc.: Thermon Reports Third Quarter Fiscal 2023 ResultsFebruary 2, 2023 | finance.yahoo.comThermon Group (THR) Q3 Earnings and Revenues Surpass EstimatesFebruary 2, 2023 | finance.yahoo.comThermon Reports Third Quarter Fiscal 2023 ResultsFebruary 1, 2023 | msn.comEarnings Preview: Thermon Group HoldingsFebruary 1, 2023 | americanbankingnews.comThermon Group (THR) Set to Announce Earnings on ThursdayFebruary 6, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 26, 2023 | finance.yahoo.comThermon Schedules Third Quarter Fiscal 2023 Earnings Conference Call – February 2, 2023January 19, 2023 | seekingalpha.comThermon Group Holdings: Lukewarm Despite Hot ResultsJanuary 13, 2023 | forbes.comThermon Group HoldingsJanuary 9, 2023 | finance.yahoo.com3 Instruments Stocks Set to Gain From Industrial DigitizationDecember 30, 2022 | finance.yahoo.comHere's Why Momentum in Thermon Group (THR) Should Keep goingDecember 26, 2022 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Thermon Group Holdings (NYSE:THR)December 12, 2022 | finance.yahoo.comBull of the Day: Thermon Group Holdings, Inc. (THR)December 7, 2022 | finance.yahoo.comMultiple insiders bought Thermon Group Holdings, Inc. (NYSE:THR) stock earlier this year, a positive sign for shareholdersDecember 5, 2022 | finance.yahoo.comHere's What Could Help Thermon Group (THR) Maintain Its Recent Price StrengthDecember 1, 2022 | finance.yahoo.comThermon Group (THR) is a Great Momentum Stock: Should You Buy?November 23, 2022 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Thermon Group Holdings (NYSE:THR) Passed With EaseNovember 22, 2022 | msn.comThermon Group Holdings Earnings Perspective: Return On Capital EmployedNovember 21, 2022 | finance.yahoo.comZacks.com featured highlights include Super Micro Computer, HF Sinclair, Nine Energy Service and ThermonNovember 16, 2022 | finance.yahoo.com5 Excellent Bets on Relative Price Strength StrategyNovember 15, 2022 | finance.yahoo.comWhat Makes Thermon Group (THR) a Strong Momentum Stock: Buy Now?November 11, 2022 | finance.yahoo.comThermon Group Holdings, Inc. (THR) Soars to 52-Week High, Time to Cash Out?November 9, 2022 | finance.yahoo.comThermon Group Holdings Second Quarter 2023 Earnings: Beats ExpectationsNovember 5, 2022 | seekingalpha.comThermon Group Holdings, Inc. (THR) Q2 2023 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive THR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Thermon Group and its competitors with MarketBeat's FREE daily newsletter. Email Address THR Company Calendar Last Earnings11/09/2021Today2/06/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electrical industrial apparatus Sub-IndustryElectrical Components & Equipment SectorComputer and Technology Current SymbolNYSE:THR CUSIP88362T10 CIK1489096 Webwww.thermon.com Phone(512) 690-0600Fax512-396-3627Employees1,227Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.04 Trailing P/E Ratio24.01 Forward P/E Ratio15.90 P/E GrowthN/ANet Income$20.09 million Net Margins8.24% Pretax Margin11.46% Return on Equity12.25% Return on Assets7.57% Debt Debt-to-Equity Ratio0.24 Current Ratio2.31 Quick Ratio1.47 Sales & Book Value Annual Sales$355.67 million Price / Sales2.35 Cash Flow$1.52 per share Price / Cash Flow16.44 Book Value$11.97 per share Price / Book2.09Miscellaneous Outstanding Shares33,500,000Free Float33,068,000Market Cap$836.50 million OptionableOptionable Beta1.31 Key ExecutivesBruce A. ThamesPresident, Chief Executive Officer & DirectorRoberto KuaharaSenior Vice President-OperationsKevin FoxCFO & Senior Vice President-Corporate DevelopmentRyan TarkingtonSecretary, Senior Vice President & General CounselIvonne SalemManager-Financial Planning & AnalysisKey CompetitorsBallard Power SystemsNASDAQ:BLDPPitney BowesNYSE:PBIATN InternationalNASDAQ:ATNIYalla GroupNYSE:YALAStratasysNASDAQ:SSYSView All CompetitorsInsiders & InstitutionsSG Americas Securities LLCBought 665 shares on 2/2/2023Ownership: 0.033%Zurcher Kantonalbank Zurich Cantonalbank Sold 1,428 shares on 2/1/2023Ownership: 0.014%Rice Hall James & Associates LLCBought 18,369 shares on 1/27/2023Ownership: 0.482%New York State Teachers Retirement SystemBought 2,900 shares on 1/27/2023Ownership: 0.009%Allspring Global Investments Holdings LLCBought 25,695 shares on 1/23/2023Ownership: 0.085%View All Insider TransactionsView All Institutional Transactions 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 the year. Since then, THR stock has increased by 19.5% and is now trading at $24.00. View the best growth stocks for 2023 here. Are investors shorting Thermon Group? Thermon Group saw a increase in short interest in December. As of December 30th, there was short interest totaling 220,200 shares, an increase of 33.9% from the December 15th total of 164,500 shares. Based on an average trading volume of 147,000 shares, the short-interest ratio is currently 1.5 days. Currently, 0.7% of the company's shares are sold short. 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, May 25th 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 Tuesday, November, 9th. The technology company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The technology company had revenue of $81.32 million for the quarter, compared to analyst estimates of $73.05 million. Thermon Group had a trailing twelve-month return on equity of 12.25% and a net margin of 8.24%. During the same period in the prior year, the company earned $0.12 EPS. What guidance has Thermon Group issued on next quarter's earnings? Thermon Group issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of $1.55-$1.59 for the period, compared to the consensus earnings per share estimate of $1.35. The company issued revenue guidance of $429.00 million-$437.00 million, compared to the consensus revenue estimate of $411.97 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 many different retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (0.48%), Assenagon Asset Management S.A. (0.26%), North Star Investment Management Corp. (0.17%), Allspring Global Investments Holdings LLC (0.08%), SG Americas Securities LLC (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Insiders that own company stock include Bruce Thames, Der Salm Johannes Rene Van, John T Nesser III, Kevin Fox and Michael W Press. 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 $24.00. How much money does Thermon Group make? Thermon Group (NYSE:THR) has a market capitalization of $804 million and generates $355.67 million in revenue each year. The technology company earns $20.09 million in net income (profit) each year or $1.04 on an earnings per share basis. How many employees does Thermon Group have? The company employs 1,227 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 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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