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

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

Thermon Group Holdings Inc (NYSE:THR) posted its quarterly earnings results on Tuesday, November, 5th. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.10. The technology company earned $102.90 million during the quarter, compared to analysts' expectations of $92.24 million. Thermon Group had a net margin of 5.81% and a return on equity of 10.91%. The business's quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the company posted $0.22 earnings per share. View Thermon Group's Earnings History.

Thermon Group is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Thermon Group.

1 brokers have issued twelve-month price objectives for Thermon Group's stock. Their forecasts range from $28.00 to $28.00. On average, they expect Thermon Group's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Thermon Group.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Thermon Group.

News headlines about THR stock have been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Thermon Group earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Thermon Group.

Thermon Group saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 70,800 shares, a decrease of 41.8% from the December 15th total of 121,600 shares. Based on an average trading volume of 108,100 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company's shares are sold short. View Thermon Group's Current Options Chain.

Some companies that are related to Thermon Group include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Acuity Brands (AYI), Enphase Energy (ENPH), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), Belden (BDC) and Vicor (VICR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermon Group investors own include Virtu Financial (VIRT), Timkensteel (TMST), Century Aluminum (CENX), Changyou.Com (CYOU), QCR (QCRH), Uniqure (QURE), RealReal (REAL), Southside Bancshares (SBSI), Stitch Fix (SFIX) and Sapiens International (SPNS).

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.

One share of THR stock can currently be purchased for approximately $26.78.

Thermon Group has a market capitalization of $877.07 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.

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

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]