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

Thermon Group (NYSE:THR - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.770-1.890 for the period, compared to the consensus EPS estimate of 1.800. The company issued revenue guidance of $495.0 million-$515.0 million, compared to the consensus revenue estimate of $500.7 million.

Thermon Group Price Performance

Shares of Thermon Group stock traded up $1.06 on Monday, reaching $28.58. The company's stock had a trading volume of 180,938 shares, compared to its average volume of 144,909. The stock has a 50-day moving average price of $29.40 and a 200-day moving average price of $29.41. Thermon Group has a 52-week low of $25.76 and a 52-week high of $35.93. The company has a market capitalization of $962.89 million, a P/E ratio of 21.02 and a beta of 1.10. The company has a quick ratio of 1.85, a current ratio of 2.80 and a debt-to-equity ratio of 0.29.

Thermon Group (NYSE:THR - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.02. Thermon Group had a return on equity of 11.77% and a net margin of 9.48%. Analysts expect that Thermon Group will post 1.79 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Thermon Group from a "buy" rating to a "strong-buy" rating in a research report on Friday.

Insiders Place Their Bets

In other news, SVP David Buntin sold 28,137 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $32.15, for a total transaction of $904,604.55. Following the completion of the transaction, the senior vice president now directly owns 57,773 shares in the company, valued at $1,857,401.95. This trade represents a 32.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.40% of the stock is owned by insiders.

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.