Thermon Group Holdings, Inc. (THR)

NYSE: THR · IEX Real-Time Price · USD
29.74
+0.09 (0.30%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.30%
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]

Sector Industrials
IPO Date May 5, 2011
Employees 1,405
Stock Exchange NYSE
Ticker Symbol THR
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for THR stock is "Strong Buy" and the 12-month stock price forecast is $36.0.

Price Target
$36.0
(21.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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,...

15 days ago - Accesswire

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...

5 weeks ago - Accesswire

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...

2 months ago - Accesswire

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...

2 months ago - Accesswire

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...

3 months ago - Accesswire

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...

3 months ago - Accesswire

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...

4 months ago - Accesswire

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...

5 months ago - Accesswire

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 ...

5 months ago - Accesswire

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...

6 months ago - Accesswire

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...

6 months ago - Accesswire

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...

8 months ago - Accesswire

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")...

9 months ago - Accesswire

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...

9 months ago - Accesswire

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 ...

11 months ago - Accesswire

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,...

11 months ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

Other symbols: IFF
1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire