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.
Industry, Sector and Symbol
Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
Phone512-690-0600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$308.61 million
Profitability
Miscellaneous
Employees1,480
OptionableOptionable
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) released its quarterly earnings data on Wednesday, January, 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.05. The technology company earned $119.36 million during the quarter, compared to analysts' expectations of $100.28 million. Thermon Group had a return on equity of 10.70% and a net margin of 5.50%. Thermon Group's revenue was up 28.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 earnings per share. View Thermon Group's Earnings History.
What guidance has Thermon Group issued on next quarter's earnings?
Thermon Group issued an update on its FY 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $396-402 million, compared to the consensus revenue estimate of $385.09 million.
What price target have analysts set for THR?
3 equities research analysts have issued 12-month target prices for Thermon Group's shares. Their forecasts range from $28.00 to $29.00. On average, they anticipate Thermon Group's stock price to reach $28.6667 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Thermon Group.
What is the consensus analysts' recommendation for 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.
Has Thermon Group been receiving favorable news coverage?
Media coverage about THR stock has been trending somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Thermon Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Thermon Group's key competitors?
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.78%), Eagle Asset Management Inc. (5.82%), Dimensional Fund Advisors LP (5.34%), Northern Trust Corp (2.03%), New South Capital Management Inc. (1.73%) and Bank of America Corp DE (1.64%). Company insiders that own Thermon Group stock include Jay Peterson and Kevin J Mcginty. 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 Millennium Management LLC, Rutabaga Capital Management LLC MA, Barclays PLC, TD Asset Management Inc., MetLife Investment Advisors LLC, GW&K Investment Management LLC, Nisa Investment Advisors LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Thermon Group.
Which institutional investors are buying Thermon Group stock?
THR stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Bank of America Corp DE, BlackRock Inc., WCM Investment Management LLC, New South Capital Management Inc., Geode Capital Management LLC, Rhumbline Advisers and Granite Investment Partners LLC. Company insiders that have bought Thermon Group stock in the last two years include Jay Peterson and Kevin J Mcginty. 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, Scottrade, Fidelity and Charles Schwab.
What is Thermon Group's stock price today?
One share of THR stock can currently be purchased for approximately $25.14.
How big of a company is Thermon Group?
Thermon Group has a market capitalization of $819.61 million and generates $308.61 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $0.99 on an earnings per share basis. Thermon Group employs 1,480 workers across the globe.
What is Thermon Group's official website?
How can I contact Thermon Group?
Thermon Group's mailing address is 7171 SOUTHWEST PKWY 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]
MarketBeat Community Rating for Thermon Group (NYSE THR)
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.
