Thermon Group (THR) Stock Price, News & Analysis

Company Overview

Thermon Group, Inc. (NYSE: THR) is a global provider of engineered thermal solutions designed to maintain process temperatures, prevent freezing and improve energy efficiency across industrial, commercial and power generation applications. The company specializes in the design, manufacture, installation and service of heat tracing systems, insulation and protective coatings for pipelines, tanks, vessels and other critical equipment.

Thermon’s core offerings include electric heat tracing, steam tracing, custom-engineered control panels, monitoring systems and advanced sensor technologies. These products are used to prevent freeze-ups, maintain fluid viscosities and support process temperature needs in markets such as oil and gas, petrochemical, power generation, water treatment and food and beverage processing. The company also provides turnkey engineering, project management and maintenance services to ensure optimal system performance.

Headquartered in San Marcos, Texas, Thermon Group operates manufacturing facilities and sales offices across North America, Europe, Asia Pacific, the Middle East and Latin America. This global footprint enables Thermon to deliver local support and rapid response for both new project deployments and ongoing maintenance requirements. The company holds relevant industry certifications to meet the technical and safety standards of its diverse customer base.

Founded in 1954, Thermon has grown from a regional freeze-protection specialist into a worldwide leader in industrial heating solutions. The company is led by President and Chief Executive Officer Scott Buckbee, under whose leadership Thermon continues to expand its engineering capabilities and geographic presence. Through ongoing investment in product development and customer service, Thermon aims to address the evolving thermal management challenges of its clients around the globe.

Key Stats

• Today's Range: $24.49 to $25.09
• 50-Day Range: $24.07 to $29.12
• 52-Week Range: $23.05 to $33.25
• Volume: 230,476 shs
• Average Volume: 189,670 shs
• Market Capitalization: $825.87 million
• P/E Ratio: 15.81
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Thermon Group Stock Analysis - MarketRank™

Thermon Group scored higher than 45% of companies evaluated by MarketBeat, and ranked 436th out of 646 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Thermon Group.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.98%

Earnings Growth

Earnings for Thermon Group are expected to grow by 7.98% in the coming year, from $1.88 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Thermon Group is 15.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 279.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Thermon Group is 15.81, 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 442.06.

Price to Book Value per Share Ratio

Thermon Group has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.09% of the float of Thermon Group has been sold short.

Short Interest Ratio / Days to Cover

Thermon Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thermon Group has recently increased by 8.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Thermon Group does not currently pay a dividend.

Dividend Growth

Thermon Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.09% of the float of Thermon Group has been sold short.

Short Interest Ratio / Days to Cover

Thermon Group has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thermon Group has recently increased by 8.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.41

News Sentiment

Thermon Group has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Thermon Group this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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 2.50% of the stock of Thermon Group is held by insiders.

Percentage Held by Institutions

99.76% of the stock of Thermon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

THR Stock Analysis - Frequently Asked Questions

How have THR shares performed this year?

Thermon Group's stock was trading at $28.77 at the start of the year. Since then, THR shares have decreased by 13.2% and is now trading at $24.9810.

How were Thermon Group's earnings last quarter?

Thermon Group Holdings, Inc. (NYSE:THR) announced its quarterly earnings results on Thursday, August, 7th. The technology company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by $0.01. The company's revenue for the quarter was down 5.4% on a year-over-year basis.
Read the conference call transcript.

Who are Thermon Group's major shareholders?

Thermon Group's top institutional shareholders include Westwood Holdings Group Inc. (3.98%), Brown Advisory Inc. (3.35%), William Blair Investment Management LLC (3.13%) and Geode Capital Management LLC (2.38%). Insiders that own company stock include David Buntin, John T Nesser III, Mark John Roberts, Kevin J Mcginty, Roger L Fix, Kuahara Roberto, Candace Harris-Peterson, Mark McGeough and Nicole Galloway Warland.
View institutional ownership trends.

How do I buy shares of Thermon Group?

Shares of THR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Thermon Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Thermon Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), Chevron (CVX) and McKesson (MCK).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 9/10/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INSTRU - CONTROL
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NYSE:THR
• CIK: 1489096
• Web: www.thermon.com
• Phone: (512) 690-0600
• Fax: 512-396-3627
• Employees: 1,568
• Year Founded: 1954

Profitability

• EPS (Trailing Twelve Months): $1.58
• Trailing P/E Ratio: 15.68
• Forward P/E Ratio: 13.11
• P/E Growth: N/A
• Net Income: $53.51 million
• Net Margins: 10.89%
• Pretax Margin: 14.25%
• Return on Equity: 12.65%
• Return on Assets: 8.24%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 2.43
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: $498.21 million
• Price / Sales: 1.64
• Cash Flow: $2.50 per share
• Price / Cash Flow: 9.87
• Book Value: $14.70 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 33,060,000
• Free Float: 32,238,000
• Market Cap: $814.93 million
• Optionable: Optionable
• Beta: 1.14