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NYSE:THRThermon Group Stock Price, Forecast & News

$15.58
+0.17 (+1.10 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$14.70
Now: $15.58
$15.61
50-Day Range
$12.84
MA: $14.59
$15.69
52-Week Range
$12.62
Now: $15.58
$27.73
Volume109,198 shs
Average Volume162,265 shs
Market Capitalization$512.35 million
P/E Ratio23.97
Dividend YieldN/A
Beta1.26
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

Industry Electrical industrial apparatus
Sub-IndustryElectrical Components & Equipment
SectorComputer and Technology
CUSIP88362T10
Phone512-690-0600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$412.64 million
Cash Flow$2.18 per share
Book Value$10.70 per share

Profitability

Net Income$22.76 million

Miscellaneous

Employees1,465
Market Cap$512.35 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, THR stock has increased by 9.1% and is now trading at $15.58. View which stocks have been most 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) posted its quarterly earnings data on Tuesday, November, 5th. The technology company reported $0.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.10. The technology company earned $102.90 million during the quarter, compared to the consensus estimate of $92.24 million. Thermon Group had a net margin of 5.29% and a return on equity of 8.78%. Thermon Group's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. View Thermon Group's earnings history.

What price target have analysts set for THR?

3 brokers have issued 12-month target prices 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 41.2% from the stock's current price. View analysts' price targets for Thermon Group.

Has Thermon Group been receiving favorable news coverage?

News stories about THR stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Thermon Group earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutThermon Group.

Are investors shorting Thermon Group?

Thermon Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 267,300 shares, an increase of 33.3% from the April 30th total of 200,500 shares. Based on an average daily trading volume, of 191,300 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.8% of the shares of the company are sold short. View Thermon Group's Current Options Chain.

Who are some of Thermon Group's key competitors?

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 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).

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."

Who are Thermon Group's major shareholders?

Thermon Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.54%), Wellington Management Group LLP (8.85%), Eagle Asset Management Inc. (6.09%), Janus Henderson Group PLC (5.87%), Deutsche Bank AG (2.13%) and State Street Corp (2.05%). 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.

Which institutional investors are selling Thermon Group stock?

THR stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Victory Capital Management Inc., Victory Capital Management Inc., Nuveen Asset Management LLC, State Street Corp, UBS Group AG, State Board of Administration of Florida Retirement System, and Healthcare of Ontario Pension Plan Trust Fund. View insider buying and selling activity 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 Assenagon Asset Management S.A., Janus Henderson Group PLC, BlackRock Inc., BNP Paribas Arbitrage SA, Eagle Asset Management Inc., Federated Hermes Inc., Wellington Management Group LLP, and Engineers Gate Manager LP. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Thermon Group's stock price today?

One share of THR stock can currently be purchased for approximately $15.58.

How big of a company is Thermon Group?

Thermon Group has a market capitalization of $512.35 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.

What is Thermon Group's official website?

The official website for Thermon Group is 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 5/26/2020 by MarketBeat.com Staff

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