Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Thermon Group Holdings stock has a target of 38, which predicts a 32.50% increase from the current stock price of 28.68.

Price Target: $38.00 (+32.50%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$38	$38	$38	$38
Change	+32.50%	+32.50%	+32.50%	+32.50%

* Price targets were last updated on May 30, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Thermon Group Holdings 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	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24	May '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
Chip Moore Roth MKM	Roth MKM	Strong Buy Maintains $36 → $38	Strong Buy	Maintains	$36 → $38	+32.50%	May 30, 2024
Chip Moore Roth MKM	Roth MKM	Strong Buy Initiates $36	Strong Buy	Initiates	$36	+25.52%	Mar 6, 2024
Scott Graham Rosenblatt	Rosenblatt	Strong Buy Maintains $25 → $26	Strong Buy	Maintains	$25 → $26	-9.34%	Aug 9, 2021
Scott Graham Rosenblatt	Rosenblatt	Strong Buy Maintains $23 → $26	Strong Buy	Maintains	$23 → $26	-9.34%	Mar 17, 2021
Scott Graham Rosenblatt	Rosenblatt	Strong Buy Maintains $19 → $18	Strong Buy	Maintains	$19 → $18	-37.24%	Nov 9, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

499.19M

Increased by 0.92%

from 494.63M

Revenue Next Year

542.25M

Increased by 8.63%

from 499.19M

EPS This Year

1.84

Increased by 22.07%

from 1.51

EPS Next Year

2.04

Increased by 10.41%

from 1.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	383.49M	276.18M	355.67M	440.59M	494.63M	499.19M	542.25M	576.05M
Revenue Growth	-7.07%	-27.98%	28.78%	23.88%	12.27%	0.92%	8.63%	6.23%
EPS	0.36	0.03	0.60	1.00	1.51	1.84	2.04	2.31
EPS Growth	-47.83%	-92.65%	2,166.97%	66.67%	51.00%	22.07%	10.41%	13.65%
Forward PE	-	-	-	-	-	15.56	14.09	12.40
No. Analysts	-	-	-	-	-	5	5	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	524.8M	575.0M	598.9M
Avg	499.2M	542.3M	576.1M
Low	473.5M	519.2M	558.9M

Revenue Growth

Revenue Growth	2025	2026	2027
High	6.1%	15.2%	10.4%
Avg	0.9%	8.6%	6.2%
Low	-4.3%	4.0%	3.1%

EPS Forecast

EPS	2025	2026	2027
High	1.93	2.21	2.40
Avg	1.84	2.04	2.31
Low	1.76	1.91	2.24

EPS Growth

EPS Growth	2025	2026	2027
High	27.9%	19.6%	18.1%
Avg	22.1%	10.4%	13.6%
Low	16.8%	3.7%	10.3%

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.