NYSE:THR - Thermon Group Stock Price, News, & Analysis

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$22.27 +0.21 (+0.95 %)
(As of 11/21/2018 12:50 PM ET)
Previous Close$22.06
Today's Range$22.20 - $22.45
52-Week Range$20.49 - $27.95
Volume2,021 shs
Average Volume112,864 shs
Market Capitalization$725.90 million
P/E Ratio22.49
Dividend YieldN/A
Beta1.23
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
Current SymbolNYSE:THR
Previous Symbol
CUSIP88362T10
Phone512-396-5801

Debt

Debt-to-Equity Ratio0.63
Current Ratio3.62
Quick Ratio2.40

Price-To-Earnings

Trailing P/E Ratio22.49
Forward P/E Ratio18.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$308.61 million
Price / Sales2.35
Cash Flow$1.8299 per share
Price / Cash12.17
Book Value$10.34 per share
Price / Book2.15

Profitability

EPS (Most Recent Fiscal Year)$0.99
Net Income$11.91 million
Net Margins3.45%
Return on Equity10.22%
Return on Assets5.23%

Miscellaneous

Employees1,480
Outstanding Shares32,600,000
Market Cap$725.90 million
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) posted its quarterly earnings results on Wednesday, October, 31st. The technology company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.02. The technology company earned $90.15 million during the quarter, compared to analyst estimates of $87.25 million. Thermon Group had a return on equity of 10.22% and a net margin of 3.45%. The business's revenue was up 46.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 EPS. View Thermon Group's Earnings History.

When is Thermon Group's next earnings date?

Thermon Group is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Thermon Group.

What guidance has Thermon Group issued on next quarter's earnings?

Thermon Group updated its FY 2019 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of for the period. The company issued revenue guidance of $379-390 million, compared to the consensus revenue estimate of $381.8 million.

What price target have analysts set for THR?

4 equities research analysts have issued 1-year price objectives 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 year. This suggests a possible upside of 28.7% from the stock's current price. View Analyst Price Targets for Thermon Group.

What is the consensus analysts' recommendation for Thermon Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermon Group in the last year. There are currently 1 hold rating and 3 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 very positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Thermon Group earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the near future.

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 55)
  • Mr. Jay C. Peterson, CFO, Sr. VP of Fin., Assistant Sec. & Assistant Treasurer (Age 61)
  • Mr. Johannes van der Salm, Sr. VP of Global Operations (Age 54)
  • Sarah Alexander, Gen. Counsel & Sec.
  • Mr. James A. Pribble II, Sr. VP of Global Corp. Devel.

Who are Thermon Group's major shareholders?

Thermon Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Van Berkom & Associates Inc. (7.68%), BlackRock Inc. (6.57%), Janus Henderson Group PLC (5.64%), Dimensional Fund Advisors LP (5.34%), Rutabaga Capital Management LLC MA (1.91%) and United Services Automobile Association (1.69%). 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 Janus Henderson Group PLC, Pwmco LLC, New South Capital Management Inc., Rutabaga Capital Management LLC MA, Citadel Advisors LLC, Van Berkom & Associates Inc., United Services Automobile Association and Credit Suisse AG. View Insider Buying and Selling for Thermon Group.

Which institutional investors are buying Thermon Group stock?

THR stock was bought by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., GW&K Investment Management LLC, BlackRock Inc., Blair William & Co. IL, Renaissance Technologies LLC, Dimensional Fund Advisors LP, TIAA CREF Investment Management LLC and Dupont Capital Management Corp. 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 $22.27.

How big of a company is Thermon Group?

Thermon Group has a market capitalization of $725.90 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?

The official website for Thermon Group is http://www.thermon.com.

How can I contact Thermon Group?

Thermon Group's mailing address is 100 THERMON DRIVE, SAN MARCOS TX, 78666. The technology company can be reached via phone at 512-396-5801 or via email at [email protected]


MarketBeat Community Rating for Thermon Group (NYSE THR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  419
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.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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