Thermon Group Holdings, Inc. (THR)

Market Cap	1.04B
Revenue (ttm)	493.86M
Net Income (ttm)	43.93M
Shares Out	33.69M
EPS (ttm)	1.29
PE Ratio	23.91
Forward PE	16.56
Dividend	n/a
Ex-Dividend Date	n/a

Volume	205,526
Open	30.59
Previous Close	30.77
Day's Range	29.79 - 30.84
52-Week Range	23.76 - 35.93
Beta	1.07
Analysts	Strong Buy
Price Target	38.00 (+23.22%)
Earnings Date	Nov 7, 2024

About THR

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also provides controls, moni...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• IPO Date: May 5, 2011
• Employees: 1,416
• Stock Exchange: NYSE
• Ticker Symbol: THR
• Website: https://www.thermon.com

Financial Performance

In 2023, Thermon Group Holdings's revenue was $494.63 million, an increase of 12.27% compared to the previous year's $440.59 million. Earnings were $51.59 million, an increase of 53.23%.

Analyst Forecast

According to one analyst, the rating for THR stock is "Strong Buy" and the 12-month stock price forecast is $38.0.

Price Target

$38.0

(23.22% upside)

Analyst Consensus: Strong Buy