Thermon Group (NYSE:THR) Releases FY 2025 Earnings Guidance

Thermon Group (NYSE:THR) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.770-1.890 for the period, compared to the consensus estimate of 1.980. The company issued revenue guidance of $495.0 million-$510.0 million, compared to the consensus revenue estimate of $538.7 million.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Thermon Group from a “hold” rating to a “buy” rating in a research report on Saturday, September 14th.

Thermon Group Stock Up 9.2 %

THR stock opened at $29.44 on Thursday. The company has a 50 day moving average price of $28.59 and a two-hundred day moving average price of $30.46. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.73 and a current ratio of 2.61. The stock has a market capitalization of $995.07 million, a P/E ratio of 20.59 and a beta of 1.07. Thermon Group has a one year low of $23.76 and a one year high of $35.93.

Thermon Group (NYSE:THR) last announced its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. The business had revenue of $115.10 million during the quarter, compared to the consensus estimate of $115.99 million. Thermon Group had a return on equity of 13.26% and a net margin of 9.78%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 earnings per share. As a group, sell-side analysts expect that Thermon Group will post 1.98 EPS for the current year.

Thermon Group Company Profile

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 offers 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.