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

$21.41
-0.21 (-0.97 %)
(As of 02/17/2020 06:00 AM ET)
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Today's Range
$21.26
Now: $21.41
$21.72
50-Day Range
$20.99
MA: $25.07
$26.98
52-Week Range
$19.91
Now: $21.41
$27.73
Volume71,062 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio28.93
Dividend YieldN/A
BetaN/A
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. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryElectrical Components & Equipment
SectorN/A
CUSIP88362T10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees1,465
Next Earnings DateN/A
OptionableOptionable

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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 results on Thursday, February, 6th. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.14. The technology company earned $100.50 million during the quarter, compared to analyst estimates of $117.77 million. The company's quarterly revenue was down 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 EPS. View Thermon Group's Earnings History.

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

Thermon Group updated its FY 2020 IntraDay earnings guidance on Thursday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $383-390 million, compared to the consensus revenue estimate of $426.03 million.

What price target have analysts set for THR?

2 analysts have issued twelve-month price targets for Thermon Group's stock. Their forecasts range from $25.00 to $25.00. On average, they expect Thermon Group's stock price to reach $25.00 in the next year. This suggests a possible upside of 16.8% 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 1 hold rating and 1 buy rating 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 headlines about THR stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Thermon Group earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Thermon Group.

Are investors shorting Thermon Group?

Thermon Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 93,000 shares, an increase of 31.4% from the January 15th total of 70,800 shares. Based on an average trading volume of 107,700 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the company's stock are short sold. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermon Group investors own include RealReal (REAL), SVMK (SVMK), Virtu Financial (VIRT), Chewy (CHWY), Dominion Energy (D), Snap (SNAP), Teekay Lng Partners (TGP), Timkensteel (TMST), Tapestry (TPR) and Triton International (TRTN).

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 retail and institutional investors. Top institutional shareholders include Eagle Asset Management Inc. (5.80%), State Street Corp (2.14%), Renaissance Technologies LLC (1.93%), Bank of America Corp DE (1.83%), New South Capital Management Inc. (1.83%) and Jennison Associates LLC (1.46%). 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 Rutabaga Capital Management LLC MA, Bank of America Corp DE, Goldman Sachs Group Inc., State of New Jersey Common Pension Fund D, Barclays PLC, Granite Investment Partners LLC, Renaissance Technologies LLC and GW&K Investment Management LLC. View Insider Buying and Selling for Thermon Group.

Which institutional investors are buying Thermon Group stock?

THR stock was acquired by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Hotchkis & Wiley Capital Management LLC, Oxford Asset Management LLP, Marshall Wace LLP, Marshall Wace North America L.P., UBS Group AG, Russell Investments Group Ltd. and State Street Corp. 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 $21.41.


MarketBeat Community Rating for Thermon Group (NYSE THR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  553
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.
This page was last updated on 2/17/2020 by MarketBeat.com Staff

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