NYSE:THRThermon Group Stock Price, Forecast & News

$14.96

-0.26 (-1.71 %)

(As of 04/7/2020 04:00 PM ET)

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Today's Range

$14.74

Now: $14.96▼

$15.80

50-Day Range

$13.09

MA: $16.80▼

$21.41

52-Week Range

$12.62

Now: $14.96▼

$27.73

Volume122,018 shs

Average Volume156,373 shs

Market Capitalization$491.96 million

P/E Ratio23.02

Dividend YieldN/A

Beta1.43

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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Thermon Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.50, Thermon Group has a potential upside of 57.1% from its current price of $14.96.
Amount of Analyst Coverage
Thermon Group has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Thermon Group has received 284 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Thermon Group has received 284 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Thermon Group has received 50.00% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Thermon Group does not currently pay a dividend.
Dividend Growth
Thermon Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Thermon Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% of the stock of Thermon Group is held by insiders.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Thermon Group are expected to grow by 32.98% in the coming year, from $0.94 to $1.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Thermon Group is 23.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Thermon Group is 23.02, 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 32.95.
Price to Book Value per Share Ratio
Thermon Group has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.54 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

Webhttp://www.thermon.com/

Phone512-690-0600

Debt

Debt-to-Equity Ratio0.50

Current Ratio3.74

Quick Ratio2.69

Price-To-Earnings

Trailing P/E Ratio23.02

Forward P/E Ratio15.91

P/E GrowthN/A

Sales & Book Value

Annual Sales$412.64 million

Price / Sales1.19

Cash Flow$2.32 per share

Price / Cash Flow6.45

Book Value$10.70 per share

Price / Book1.40

Profitability

EPS (Most Recent Fiscal Year)$1.19

Net Income$22.76 million

Net Margins5.29%

Return on Equity8.78%

Return on Assets4.77%

Miscellaneous

Employees1,465

Outstanding Shares32,885,000

Market Cap$491.96 million

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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Thermon Group (NYSE:THR) Frequently Asked Questions

How has Thermon Group's stock been impacted by COVID-19 (Coronavirus)?

Thermon Group's stock was trading at $14.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, THR stock has increased by 4.8% and is now trading at $14.96. View which stocks have been mosted impacted by Coronavirus.

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 Thursday, June 4th 2020. View our earnings forecast for Thermon Group.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings Inc (NYSE:THR) announced its quarterly earnings data on Thursday, February, 6th. The technology company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.18. The technology company had revenue of $100.50 million for the quarter, compared to analyst estimates of $117.77 million. Thermon Group had a return on equity of 8.78% and a net margin of 5.29%. The business's quarterly revenue was down 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.40 earnings per share. 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 earnings per share (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?

3 analysts have issued 1-year target prices for Thermon Group's stock. Their forecasts range from $22.00 to $25.00. On average, they anticipate Thermon Group's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 57.1% from the stock's current price. View analysts' price targets for Thermon Group.

Has Thermon Group been receiving favorable news coverage?

News coverage about THR stock has been trending very negative recently, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Thermon Group earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutThermon Group.

Are investors shorting Thermon Group?

Thermon Group saw a increase in short interest in February. As of February 28th, there was short interest totaling 194,800 shares, an increase of 33.8% from the February 13th total of 145,600 shares. Based on an average daily trading volume, of 126,300 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.6% of the shares of the stock are short sold. View Thermon Group's Current Options Chain.

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), Acuity Brands (AYI), II-VI (IIVI), Regal Beloit (RBC), Brady (BRC), Franklin Electric (FELE), EnerSys (ENS), Vicor (VICR) and Belden (BDC).

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 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."

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 $14.96.

How big of a company is Thermon Group?

Thermon Group has a market capitalization of $491.96 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.

What is Thermon Group's official website?

The official website for Thermon Group is http://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 4/7/2020 by MarketBeat.com Staff

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NYSE:THRThermon Group Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage