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NYSE:THR

Thermon Group Stock Forecast, Price & News

$10.67
-0.23 (-2.11 %)
(As of 09/28/2020 05:24 AM ET)
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Today's Range
$10.54
Now: $10.67▼
$10.85
50-Day Range
$10.90
MA: $12.90▼
$14.70
52-Week Range
$10.54
Now: $10.67▼
$27.73
Volume141,100 shs
Average Volume175,027 shs
Market Capitalization$353.90 million
P/E Ratio76.22
Dividend YieldN/A
Beta1.2
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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Beat the Market (BTM) Rank™

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.14 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
Current SymbolNYSE:THR
Previous Symbol
CUSIP88362T10
CIK1489096
Webwww.thermon.com
Phone512-690-0600

Debt

Debt-to-Equity Ratio0.52
Current Ratio3.83
Quick Ratio2.57

Price-To-Earnings

Trailing P/E Ratio76.22
Forward P/E Ratio34.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$383.49 million
Price / Sales0.92
Cash Flow$1.60 per share
Price / Cash Flow6.65
Book Value$10.53 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$0.75
Net Income$11.94 million
Net Margins1.26%
Return on Equity4.48%
Return on Assets2.50%

Miscellaneous

Employees1,335
Outstanding Shares33,168,000
Market Cap$353.90 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$10.67
-0.23 (-2.11 %)
(As of 09/28/2020 05:24 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Thermon Group (NYSE:THR) Frequently Asked Questions

How has Thermon Group's stock 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 (WHO). Since then, THR stock has decreased by 25.3% and is now trading at $10.67.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Thermon Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Thermon Group.

When is Thermon Group's next earnings date?

Thermon Group is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Thermon Group.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings Inc (NYSE:THR) issued its quarterly earnings results on Thursday, August, 6th. The technology company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.04. The technology company had revenue of $56.85 million for the quarter, compared to analysts' expectations of $59.61 million. Thermon Group had a return on equity of 4.48% and a net margin of 1.26%.
View Thermon Group's earnings history.

What price target have analysts set for THR?

3 analysts have issued 1-year price targets for Thermon Group's shares. Their forecasts range from $19.00 to $25.00. On average, they anticipate Thermon Group's share price to reach $22.00 in the next year. This suggests a possible upside of 106.2% from the stock's current price.
View analysts' price targets for Thermon Group.

Are investors shorting Thermon Group?

Thermon Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 280,300 shares, an increase of 20.3% from the August 31st total of 233,000 shares. Based on an average daily volume of 166,300 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.9% of the shares of the company are sold short.
View Thermon Group's Short Interest.

Who are some of Thermon Group's key competitors?

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

Who are Thermon Group's key executives?

Thermon Group's management team includes the following 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.

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.85%), New South Capital Management Inc. (2.55%), Bank of America Corp DE (2.02%), Assenagon Asset Management S.A. (0.87%), Jennison Associates LLC (0.83%) and Confluence Investment Management LLC (0.79%). Company insiders that own Thermon Group stock include Bruce Thames, Der Salm Johannes Rene Van, James Pribble, Jay Peterson, John T Nesser III, John U Clarke, Kevin J Mcginty, Michael W Press 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 Jennison Associates LLC, Nuveen Asset Management LLC, UBS Group AG, State Board of Administration of Florida Retirement System, Vanguard Group Inc., GW&K Investment Management LLC, and Granite Investment Partners LLC.
View insider buying and selling activity for Thermon Group.

Which institutional 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., FMR LLC, FMR LLC, Federated Hermes Inc., Assenagon Asset Management S.A., Rutabaga Capital Management LLC MA, AQR Capital Management LLC, and Public Employees Retirement System of Ohio. Company insiders that have bought Thermon Group stock in the last two years include Bruce Thames, James Pribble, Jay Peterson, John T Nesser III, John U Clarke, Kevin J Mcginty, Michael W Press, and Roger L Fix.
View insider buying and selling activity 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 $10.67.

How big of a company is Thermon Group?

Thermon Group has a market capitalization of $353.90 million and generates $383.49 million in revenue each year. The technology company earns $11.94 million in net income (profit) each year or $0.75 on an earnings per share basis. Thermon Group employs 1,335 workers across the globe.

What is Thermon Group's official website?

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

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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff
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