Thermon Group (THR) Stock Price, News & Analysis

Company Overview

Thermon Group Holdings, Inc. provides thermal engineering and industrial process heating solutions through its Thermon brand. The company designs and manufactures systems that help maintain, control and protect temperatures in industrial processes, equipment and infrastructure.

Its products and services include electric heat-tracing systems, steam heat-tracing systems, temperature-control and monitoring equipment, tubing bundles, industrial heating systems, engineered thermal solutions and related installation and maintenance services. These offerings are used to prevent freezing, maintain process temperatures, improve energy efficiency and support the safe operation of industrial facilities.

Thermon serves customers in industries including energy, oil and gas, chemical and petrochemical processing, power generation, mining, transportation, food and beverage, and pharmaceuticals. The company serves international markets through operations and sales channels spanning North America, Europe, Asia-Pacific and other major industrial regions.

Founded in 1954, Thermon is headquartered in Austin, Texas. Its products are typically supplied for new construction, facility expansions and maintenance projects at industrial and commercial sites.

Key Stats

• Today's Range: $61.14 to $61.14
• 50-Day Range: $61.14 to $61.14
• 52-Week Range: $23.86 to $71.87
• Volume: N/A
• Average Volume: 810,284 shs
• Market Capitalization: $2.01 billion
• P/E Ratio: 45.63
• Dividend Yield: N/A
• Price Target: $57.00
• Consensus Rating: Hold

Thermon Group Stock Analysis - MarketRank™

Thermon Group scored higher than 6% of companies evaluated by MarketBeat, and ranked 631st out of 656 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Thermon Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 6 hold ratings, and no sell ratings.

Downside Risk

Thermon Group has a consensus price target of $57.00, representing about 6.8% downside from its current price of $61.14.

Amount of Analyst Coverage

Thermon Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.93%

Earnings Growth

Earnings for Thermon Group are expected to grow by 7.93% in the coming year, from $2.27 to $2.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Thermon Group is 45.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Thermon Group is 45.63, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.75.

Price to Book Value per Share Ratio

Thermon Group has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for THR.

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.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Thermon Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 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

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.

Company Calendar

• Last Earnings: 5/19/2026
• Today: 9/22/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Electrical Equipment
• Sub-Industry: N/A
• Current Symbol: NYSE:THR
• CIK: 1489096
• Web: www.thermon.com
• Phone: (512) 690-0600
• Fax: 512-396-3627
• Employees: 1,792
• Year Founded: 1954

Price Target and Rating

• Average Price Target for Thermon Group: $57.00
• High Price Target: $60.00
• Low Price Target: $54.00
• Potential Upside/Downside: -6.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.34
• Trailing P/E Ratio: 45.63
• Forward P/E Ratio: 26.93
• P/E Growth: N/A
• Net Income: $44.57 million
• Net Margins: 8.31%
• Pretax Margin: 11.98%
• Return on Equity: 13.42%
• Return on Assets: 8.84%

Debt

• Debt-to-Equity Ratio: 0.25
• Current Ratio: 2.69
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $536.26 million
• Price / Sales: 3.76
• Cash Flow: $2.84 per share
• Price / Cash Flow: 21.50
• Book Value: $16.39 per share
• Price / Book: 3.73

Miscellaneous

• Outstanding Shares: 32,940,000
• Free Float: 32,117,000
• Market Cap: $2.01 billion
• Optionable: Optionable
• Beta: 0.83