NYSE:THR Thermon Group (THR) Stock Forecast, Price & News $23.65 +0.92 (+4.05%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$22.89▼$23.7250-Day Range$20.67▼$25.4552-Week Range$13.26▼$27.85Volume196,016 shsAverage Volume165,121 shsMarket Capitalization$792.51 millionP/E Ratio23.42Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Thermon Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 8 Articles This WeekInsider TradingAcquiring Shares$225 Bought Last QuarterProj. Earnings Growth15.43%From $1.75 to $2.02 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.2.51 out of 5 starsComputer And Technology Sector121st out of 609 stocksElectrical Industrial Apparatus Industry2nd out of 9 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Thermon Group. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.65% 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 increased by 3.93%, indicating that investor sentiment is decreasing. 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 2.5 News and Social Media Coverage News SentimentThermon Group has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Thermon Group this week, compared to 3 articles on an average week.Search Interest2 people have searched for THR on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Thermon Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $225.00 in company stock and sold $0.00 in 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Thermon Group are expected to grow by 15.43% in the coming year, from $1.75 to $2.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Thermon Group is 23.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Thermon Group is 23.42, 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 373.46.Price to Book Value per Share RatioThermon Group has a P/B Ratio of 1.89. 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 HeadlinesJune 1, 2023 | americanbankingnews.comThermon Group (NYSE:THR) Issues FY 2024 Earnings GuidanceMay 31, 2023 | americanbankingnews.comThermon Group Holdings, Inc. Expected to Post FY2024 Earnings of $1.75 Per Share (NYSE:THR)June 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 27, 2023 | americanbankingnews.comThermon Group (NYSE:THR) Posts Earnings ResultsMay 26, 2023 | seekingalpha.comThermon Group Holdings, Inc. 2023 Q4 - Results - Earnings Call PresentationMay 26, 2023 | finance.yahoo.comQ4 2023 Thermon Group Holdings Inc Earnings CallMay 25, 2023 | msn.comThermon Group Holdings: Q4 Earnings InsightsMay 25, 2023 | finance.yahoo.comThermon Group (THR) Q4 Earnings Match EstimatesJune 4, 2023 | Altimetry (Ad)Pentagon Consultant—Here's how Biden Wins Landslide Re-election—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,May 25, 2023 | finanznachrichten.deThermon Group Holdings, Inc.: Thermon Reports Fourth Quarter and Full Year Fiscal 2023 ResultsMay 25, 2023 | finance.yahoo.comThermon Reports Fourth Quarter and Full Year Fiscal 2023 ResultsMay 24, 2023 | msn.comEarnings Preview For Thermon Group HoldingsMay 24, 2023 | americanbankingnews.comThermon Group (THR) Scheduled to Post Earnings on ThursdayMay 24, 2023 | americanbankingnews.comThermon Group (THR) to Release Quarterly Earnings on ThursdayMay 24, 2023 | americanbankingnews.comThermon Group (THR) Set to Announce Quarterly Earnings on ThursdayMay 23, 2023 | finance.yahoo.comThermon Schedules Full Year Fiscal 2023 Earnings Conference Call – May 25, 2023May 22, 2023 | finance.yahoo.comTranscat, Inc. (TRNS) Beats Q4 Earnings and Revenue EstimatesMay 22, 2023 | americanbankingnews.comHead-To-Head Review: Thermon Group (NYSE:THR) versus Rice Acquisition Corp. II (NYSE:RONI)May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Thermon Group (NYSE:THR)May 16, 2023 | finance.yahoo.comSeveral Insiders Invested In Thermon Group Holdings Flagging Positive NewsMay 16, 2023 | finance.yahoo.comSeveral Insiders Invested In Thermon Group Holdings Flagging Positive News \May 16, 2023 | afr.comThor Energy PlcMay 4, 2023 | finance.yahoo.comAllied Motion Technologies (AMOT) Q1 Earnings and Revenues Top EstimatesMay 2, 2023 | finance.yahoo.comHere's Why Thermon Group Holdings (NYSE:THR) Has Caught The Eye Of InvestorsApril 28, 2023 | proactiveinvestors.comThor Energy aims to focus on the 'green energy' economyApril 27, 2023 | proactiveinvestors.comThor Energy announces "potential gamechanger" at Alford EastApril 24, 2023 | proactiveinvestors.comThor Energy confirms significant vanadium and uranium at Wedding Bell and Radium MountainSee More Headlines THR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart THR Company Calendar Last Earnings5/25/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End3/31/2024Get 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) 690-0600Fax512-396-3627Employees1,405Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.01 Trailing P/E Ratio23.42 Forward P/E Ratio13.51 P/E GrowthN/ANet Income$33.67 million Net Margins7.64% Pretax Margin11.17% Return on Equity13.00% Return on Assets8.09% Debt Debt-to-Equity Ratio0.21 Current Ratio2.28 Quick Ratio1.53 Sales & Book Value Annual Sales$440.59 million Price / Sales1.80 Cash Flow$2.25 per share Price / Cash Flow10.53 Book Value$12.50 per share Price / Book1.89Miscellaneous Outstanding Shares33,510,000Free Float33,078,000Market Cap$792.51 million OptionableOptionable Beta1.26 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:BLDPAlpha and Omega SemiconductorNASDAQ:AOSLi3 VerticalsNASDAQ:IIIVMicroVisionNASDAQ:MVISTaboola.comNASDAQ:TBLAView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 80,993 shares on 5/22/2023Ownership: 1.095%Putnam Investments LLCBought 1,882 shares on 5/22/2023Ownership: 0.077%JPMorgan Chase & Co.Bought 30,199 shares on 5/18/2023Ownership: 0.215%New York State Common Retirement FundSold 6,000 shares on 5/18/2023Ownership: 0.052%Susquehanna Fundamental Investments LLCSold 2,720 shares on 5/16/2023Ownership: 0.053%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 start of the year. Since then, THR shares have increased by 17.8% and is now trading at $23.65. View the best growth stocks for 2023 here. Are investors shorting Thermon Group? Thermon Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 206,100 shares, an increase of 20.9% from the April 15th total of 170,500 shares. Based on an average daily trading volume, of 189,400 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the shares of the company are short sold. 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, August 3rd 2023. View our THR earnings forecast. How were Thermon Group's earnings last quarter? Thermon Group Holdings, Inc. (NYSE:THR) released its quarterly earnings data on Thursday, May, 25th. The technology company reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. The technology company had revenue of $122.48 million for the quarter, compared to the consensus estimate of $114.89 million. Thermon Group had a net margin of 7.64% and a trailing twelve-month return on equity of 13.00%. During the same period in the previous year, the business earned $0.31 EPS. What ETFs hold Thermon Group's stock? ETFs with the largest weight of Thermon Group (NYSE:THR) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), IQ Chaikin U.S. Small Cap ETF (CSML), iShares Micro-Cap ETF (IWC), What guidance has Thermon Group issued on next quarter's earnings? Thermon Group updated its FY 2024 earnings guidance on Tuesday, May, 30th. The company provided earnings per share guidance of $1.66-$1.82 for the period, compared to the consensus earnings per share estimate of $1.69. The company issued revenue guidance of $455.00 million-$485.00 million, compared to the consensus revenue estimate of $458.80 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 a number of retail and institutional investors. Top institutional investors include Van Lanschot Kempen Investment Management N.V. (7.93%), BlackRock Inc. (7.40%), Dimensional Fund Advisors LP (5.18%), Harvey Partners LLC (4.93%), Wellington Management Group LLP (3.49%) and Brown Advisory Inc. (3.04%). Insiders that own company stock include Alastair Clayton, Bruce Thames, Candace Harris-Peterson, Der Salm Johannes Rene Van, John T Nesser III, Kevin Fox, Mark McGeough, Michael (Mick) Billing, Michael W Press and Nicole Galloway Warland. 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 $23.65. How much money does Thermon Group make? Thermon Group (NYSE:THR) has a market capitalization of $792.51 million and generates $440.59 million in revenue each year. The technology company earns $33.67 million in net income (profit) each year or $1.01 on an earnings per share basis. How many employees does Thermon Group have? The company employs 1,405 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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