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
Thermon Group Holdings Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for THR stock has a target of 36, which predicts an increase of 21.05% from the current stock price of 29.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 6, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 Initiates $36 | Strong Buy | Initiates | $36 | +21.05% | 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 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Mar 16, 2020 |
Financial Forecast
Revenue This Year
498.52M
from 440.59M
Increased by 13.15%
Revenue Next Year
559.60M
from 498.52M
Increased by 12.25%
EPS This Year
1.82
from 1.00
Increased by 81.80%
EPS Next Year
1.96
from 1.82
Increased by 7.96%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 519.7M | 589.0M | 630.1M |
| Avg | 498.5M | 559.6M | 606.1M |
| Low | 482.6M | 536.6M | 588.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 18.0% | 18.2% | 12.6% |
| Avg | 13.1% | 12.3% | 8.3% |
| Low | 9.5% | 7.6% | 5.1% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.89 | 2.07 | 2.26 |
| Avg | 1.82 | 1.96 | 2.17 |
| Low | 1.76 | 1.86 | 2.11 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 89.0% | 13.8% | 15.0% |
| Avg | 81.8% | 8.0% | 10.6% |
| Low | 76.4% | 2.4% | 7.3% |
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.