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) released its quarterly earnings results on Tuesday, November, 5th. The technology company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.10. The technology company had revenue of $102.90 million for 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 company's revenue was up 14.1% compared to the same quarter last year. During the same period last year, the business earned $0.22 EPS. 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 Wall Street analysts have issued 1-year price objectives for Thermon Group's stock. Their forecasts range from $28.00 to $28.00. On average, they anticipate Thermon Group's share price to reach $28.00 in the next year. This suggests a possible upside of 5.5% 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.

Press coverage about THR stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Thermon Group earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Thermon Group.

Thermon Group saw a decrease in short interest in 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. Currently, 0.2% of the company's shares are short sold. View Thermon Group's Current Options Chain.

Some companies that are related to Thermon Group include Emerson Electric (EMR), Roper Technologies (ROP), Eaton (ETN), 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).

Thermon Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Huntington National Bank (0.00%). 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.

THR stock was bought by a variety of institutional investors in the last quarter, including Huntington National Bank. 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.

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 $26.54.

Thermon Group has a market capitalization of $869.21 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]