Thermon Group Holdings, Inc. (THR)

NYSE: THR · IEX Real-Time Price · USD
19.21
+0.23 (1.21%)
Aug 15, 2022 4:00 PM EDT - Market closed
1.21%
Market Cap 643.05M
Revenue (ttm) 379.96M
Net Income (ttm) 26.99M
Shares Out 33.47M
EPS (ttm) 0.86
PE Ratio 22.34
Forward PE 26.95
Dividend n/a
Ex-Dividend Date n/a
Volume 159,434
Open 18.97
Previous Close 18.98
Day's Range 18.80 - 19.59
52-Week Range 13.26 - 20.35
Beta 1.33
Analysts Buy
Price Target 22.44 (+16.8%)
Earnings Date Aug 4, 2022

About THR

Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Its products include electric heating products, such as air heaters and heating accessories, boilers and calorifiers, controlling and monitoring solutions, heat tracing systems, tank heating systems, thermostats, tubing bundles, and system accessories, as well as strip, tubular, immersion, and process heaters; and gas heating products, including enclosure and explosion proof gas catalytic heaters, gas fired blowers, and gas he... [Read more...]

Industry Electrical Equipment
IPO Date May 5, 2011
CEO Bruce Thames
Employees 1,227
Stock Exchange NYSE
Ticker Symbol THR
Full Company Profile

Financial Performance

In 2021, THR's revenue was $355.67 million, an increase of 28.78% compared to the previous year's $276.18 million. Earnings were $20.09 million, an increase of 2,190.99%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for THR stock is "Buy." The 12-month stock price forecast is 22.44, which is an increase of 16.81% from the latest price.

Price Target
$22.44
(16.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Thermon Group (THR) Q1 Earnings and Revenues Surpass Estimates

Thermon Group (THR) delivered earnings and revenue surprises of 177.78% and 26.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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 contra...

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 30,...

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-markets ...

Thermon Group (THR) Surpasses Q4 Earnings and Revenue Estimates

Thermon Group (THR) delivered earnings and revenue surprises of 6.90% and 10.16%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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 representin...

Thermon Schedules Full Year Fiscal 2022 Earnings Conference Call - May 26, 2022

AUSTIN, TX / ACCESSWIRE / May 19, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the fiscal year ended March 31, 2...

Thermon Group (THR) Upgraded to Buy: What Does It Mean for the Stock?

Thermon Group (THR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Thermon Group (THR) Beats Q3 Earnings and Revenue Estimates

Thermon Group (THR) delivered earnings and revenue surprises of 2.78% and 3.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Thermon Reports Third Quarter Fiscal 2022 Results

Revenue growth of 26% driven by improving North American customer activity Orders up 31% and Book to Bill of 1.02x, excluding a large, one-time contract Net Income up 82% due to increased volume and ref...

Thermon Group (THR) to Report Q3 Results: Wall Street Expects Earnings Growth

Thermon Group (THR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Thermon Schedules Third Quarter Fiscal 2022 Earnings Conference Call February 3, 2022

AUSTIN, TX / ACCESSWIRE / January 27, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ended Decem...

Thermon Announces Senior Management Changes

AUSTIN, TX / ACCESSWIRE / January 20, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) (the "Company," "Thermon," "we" or "our") today announced that Roberto Kuahara will join the Company as Senior Vice P...

Thermon Group (THR) Moves to Buy: Rationale Behind the Upgrade

Thermon Group (THR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Thermon Group (THR) Q2 Earnings Meet Estimates

Thermon Group (THR) delivered earnings and revenue surprises of 0.00% and 11.33%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Thermon Reports Second Quarter Fiscal 2022 Results

Revenue growth of 22% driven by accelerating global economic recovery Orders up 59% including a large, one-time North American contract Run-rate spending in line with Fiscal 2022 target Raising full-yea...

Thermon Schedules Second Quarter Fiscal 2022 Earnings Conference Call - November 9, 2021

AUSTIN, TX / ACCESSWIRE / November 3, 2021 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended Sept...

Thermon Group (THR) to Report Q2 Results: What You Should Expect

Thermon Group (THR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Thermon Completes Debt Refinancing, Estimating Annual Cash Interest Expense Savings of $4 Million

AUSTIN, TX / ACCESSWIRE / September 30, 2021 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") today announced it has entered into an amended and restated Credit Agreement (the "Credit Agreement") w...

Thermon Group (THR) Soars 7%: Is Further Upside Left in the Stock?

Thermon Group (THR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Thermon Group (THR) Q1 Earnings Meet Estimates

Thermon Group (THR) delivered earnings and revenue surprises of 0.00% and 15.89%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Thermon Reports First Quarter Fiscal 2022 Results

Revenue growth of 25% driven by improving end markets Orders up 19% year over year and book to bill of 1.02x Received first order for the industry leading Genesis Network technology Continued realizatio...

Thermon Group (THR) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Thermon Group (THR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Thermon Schedules First Quarter Fiscal 2022 Earnings Conference Call - August 5, 2021

AUSTIN, TX / ACCESSWIRE / July 29, 2021 / Thermon Group Holdings, Inc. (NYSE:THR) ('Thermon') will issue a press release reporting its consolidated financial results for the first quarter ended June 30,...

Thermon Group (THR) Lags Q4 Earnings Estimates

Thermon Group (THR) delivered earnings and revenue surprises of -81.25% and 5.03%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?