Thermon Group Holdings, Inc. (THR)
NYSE: THR · IEX Real-Time Price · USD
32.48
-0.21 (-0.64%)
At close: Jul 19, 2024, 4:00 PM
32.46
-0.02 (-0.06%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Thermon Group Holdings Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for THR stock has a target of 38, which predicts an increase of 17.00% from the current stock price of 32.48.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for THR is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $36 → $38 | Strong Buy | Maintains | $36 → $38 | +17.00% | May 30, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $36 | Strong Buy | Initiates | $36 | +10.84% | Mar 6, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Aug 9, 2021 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Nov 9, 2020 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Apr 22, 2020 |
Financial Forecast
Revenue This Year
546.22M
from 494.63M
Increased by 10.43%
Revenue Next Year
587.27M
from 546.22M
Increased by 7.52%
EPS This Year
2.00
from 1.51
Increased by 32.27%
EPS Next Year
2.31
from 2.00
Increased by 15.80%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 570.5M | 615.3M |
| Avg | 546.2M | 587.3M |
| Low | 529.0M | 566.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 15.3% | 12.6% |
| Avg | 10.4% | 7.5% |
| Low | 7.0% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.10 | 2.47 |
| Avg | 2.00 | 2.31 |
| Low | 1.92 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 39.1% | 23.5% |
| Avg | 32.3% | 15.8% |
| Low | 27.2% | 9.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.