NYSE:THRThermon Group Stock Price, Forecast & News

Thermon Group's stock was trading at $14.28 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, THR shares have decreased by 6.8% and is now trading at $13.31. View which stocks have been most impacted by Coronavirus.

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.

Thermon Group is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Thermon Group.

Thermon Group Holdings Inc (NYSE:THR) posted its quarterly earnings results on Monday, June, 1st. The technology company reported $0.01 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.16. The technology company earned $88.37 million during the quarter, compared to analysts' expectations of $74.25 million. Thermon Group had a net margin of 3.11% and a return on equity of 6.80%. View Thermon Group's earnings history.

3 analysts have issued 1-year price objectives 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 65.3% from the stock's current price. View analysts' price targets for Thermon Group.

Media stories about THR stock have trended very negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Thermon Group earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media headlines 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 next few days. View the latest news about Thermon Group.

Thermon Group saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 248,200 shares, an increase of 18.7% from the May 31st total of 209,100 shares. Based on an average trading volume of 193,800 shares, the short-interest ratio is presently 1.3 days. Approximately 0.8% of the company's shares are short sold. View Thermon Group's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermon Group investors own include Dominion Energy (D), Exxon Mobil (XOM), General Mills (GIS), Huntington Bancshares (HBAN), IBM (IBM), Putnam Premier Income Trust (PPT), Uniqure (QURE), Ring Energy (REI), Ring Energy (REI) and Royal Bank of Canada (RY).

Thermon Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "THR."

Thermon Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.79%). 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, Michael W Press 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 Confluence Investment Management LLC. 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, Michael W Press, and Roger L Fix. View insider buying and selling activity 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 $13.31.

Thermon Group has a market capitalization of $439.36 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.

The official website for Thermon Group is 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]