Thermon Group Holdings, Inc. (THR)
Market Cap | 1.00B |
Revenue (ttm) | 489.46M |
Net Income (ttm) | 49.21M |
Shares Out | 33.71M |
EPS (ttm) | 1.44 |
PE Ratio | 20.56 |
Forward PE | 16.47 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 125,882 |
Open | 29.54 |
Previous Close | 29.65 |
Day's Range | 29.34 - 29.95 |
52-Week Range | 20.56 - 34.07 |
Beta | 1.17 |
Analysts | Strong Buy |
Price Target | 36.00 (+21.05%) |
Earnings Date | May 23, 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 provides 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 offers controls, moni... [Read more]
Financial Performance
In 2022, THR's revenue was $440.59 million, an increase of 23.87% compared to the previous year's $355.67 million. Earnings were $33.67 million, an increase of 67.56%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for THR stock is "Strong Buy" and the 12-month stock price forecast is $36.0.
News
Thermon Announces Senior Leadership Changes
AUSTIN, TX / ACCESSWIRE / April 3, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced that Kevin Fox,...
Thermon Announces Inaugural $50 Million Share Repurchase Program
AUSTIN, TX / ACCESSWIRE / March 15, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced that its Board...
CORRECTION FROM SOURCE: Thermon Reports Third Quarter Fiscal 2024 Results
Correction to headline "Adjusting EPS Guidance"; no change to updated EPS or Adjusted EPS guidance range Continuing Double-Digit Revenue, Net Income and EPS Growth Deploying Capital to Drive Inorganic...
Thermon Reports Third Quarter Fiscal 2024 Results
Continuing Double-Digit Revenue, Net Income and EPS Growth Deploying Capital to Drive Inorganic Growth Raising FY 2024 Revenue and EPS Guidance AUSTIN, TX / ACCESSWIRE / February 1, 2024 / Thermon Gro...
Thermon Schedules Third Quarter Fiscal 2024 Earnings Conference Call - February 1st, 2024
AUSTIN, TX / ACCESSWIRE / January 25, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ended Dec...
Thermon Acquires Vapor Power
Vapor Power is a leading provider of industrial process heating solutions, including electric, electrode and gas fired boiler technology Leverages Thermon's leading global expertise in thermal managem...
Thermon Appoints Victor L. Richey to Board of Directors
AUSTIN, TX / ACCESSWIRE / December 7, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) (" Thermon "), a global leader in industrial process heating solutions, today announced the appointment of Mr. Vict...
Thermon to Host 2023 Investor Day
Highlights Strategy to Create Long-term Shareholder Value Increases Fiscal 2026 Financial Targets AUSTIN, TX / ACCESSWIRE / November 14, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a g...
Thermon Announces John U. Clarke to Succeed John Nesser as Chairman of Thermon Board of Directors
AUSTIN, TX / ACCESSWIRE / November 8, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, is pleased to announce that ...
Thermon Reports Second Quarter Fiscal 2024 Results
Continuing Double-Digit Revenue, Net Income, Adjusted EBITDA, and EPS Growth Raising FY 2024 Revenue and EPS Guidance AUSTIN, TX / ACCESSWIRE / November 2, 2023 / Thermon Group Holdings, Inc. (NYSE:TH...
Thermon Schedules Second Quarter Fiscal 2024 Earnings Conference Call - November 2, 2023
AUSTIN, TX / ACCESSWIRE / October 27, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended Se...
Thermon to Host Investor Day on November 14, 2023
AUSTIN, TX / ACCESSWIRE / September 6, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, announced today that it will host its inaugu...
Thermon Reports First Quarter Fiscal 2024 Results
Continuing Double-Digit Revenue, Adjusted EBITDA, and EPS Growth Raising FY 2024 Revenue and EPS Guidance AUSTIN, TX / ACCESSWIRE / August 3, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon")...
Thermon Schedules First Quarter Fiscal 2024 Earnings Conference Call - August 3, 2023
AUSTIN, TX / ACCESSWIRE / July 27, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 3...
Thermon Reports Fourth Quarter and Full Year Fiscal 2023 Results
Record Revenue, Adjusted EBITDA, and EPS for Fiscal 2023 Accelerating progress of Decarbonization, Digitization and Diversification initiatives Introducing Fiscal 2024 revenue guidance of $455 - $485 ...
Thermon Schedules Full Year Fiscal 2023 Earnings Conference Call – May 25, 2023
AUSTIN, TX / ACCESSWIRE / May 23, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the fiscal year ended March 31,...
Thermon Reports Third Quarter Fiscal 2023 Results
Revenue Up 21%; Raising Full Year Guidance AUSTIN, TX / ACCESSWIRE / February 2, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, to...
Thermon Schedules Third Quarter Fiscal 2023 Earnings Conference Call – February 2, 2023
AUSTIN, TX / ACCESSWIRE / January 26, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ended Dec...
Thermon Reports Second Quarter Fiscal 2023 Results
Revenue Up 24% with EPS Up $0.32; Raising Full Year Guidance AUSTIN, TX / ACCESSWIRE / November 3, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process hea...
Thermon Schedules Second Quarter Fiscal 2023 Earnings Conference Call - November 3, 2022
AUSTIN, TX / ACCESSWIRE / October 27, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended Se...
Thermon Elects Dr. Angela Strzelecki as Director
AUSTIN, TX / ACCESSWIRE / September 6, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) (" Thermon "), a global leader in industrial process heating solutions, today announced the appointment of Dr. Ang...
Thermon Reports First Quarter Fiscal 2023 Results
Record Q1 revenue up 34%, Net Income up $6.9 million and Adjusted EBITDA growth of 106% versus Q1 2022 Record Q1 orders up 41% and Book to Bill of 1.16x, excluding the impact of a large, one-time cont...
Thermon Schedules First Quarter Fiscal 2023 Earnings Conference Call - August 4, 2022
AUSTIN, TX / ACCESSWIRE / July 28, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 3...
Thermon Acquires Powerblanket
Powerblanket is a leading provider of heated blankets built upon patented heat spreading technology and portable industrial chillers with a significant presence in industrial and commercial end-market...
Thermon Reports Fourth Quarter Fiscal 2022 Results
Revenue growth of 40% driven by continued strength in North America in Q4 2022 Orders up 42% and Book to Bill of 1.20x, excluding impact of a large, one-time contract Diverse end-markets now represent...