Thermon Group (NYSE:THR - Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $1.77-1.89 for the period, compared to the consensus earnings per share estimate of $1.98. The company issued revenue guidance of $495-515 million, compared to the consensus revenue estimate of $538.76 million. Thermon Group also updated its FY 2025 guidance to 1.770-1.890 EPS.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Thermon Group from a "hold" rating to a "buy" rating in a research note on Saturday, September 14th.
View Our Latest Report on THR
Thermon Group Trading Down 1.4 %
Shares of Thermon Group stock traded down $0.41 on Thursday, reaching $29.03. The company had a trading volume of 304,981 shares, compared to its average volume of 191,373. The firm's 50 day moving average price is $28.59 and its two-hundred day moving average price is $30.46. The firm has a market cap of $981.21 million, a PE ratio of 18.74 and a beta of 1.07. Thermon Group has a 52-week low of $23.76 and a 52-week high of $35.93. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.73 and a current ratio of 2.61.
Thermon Group (NYSE:THR - Get Free Report) last announced its earnings results on Wednesday, August 7th. The technology company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.07. Thermon Group had a net margin of 9.78% and a return on equity of 13.26%. The firm had revenue of $115.10 million for the quarter, compared to the consensus estimate of $115.99 million. During the same period in the prior year, the firm earned $0.40 EPS. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. Sell-side analysts predict that Thermon Group will post 1.98 earnings per share for the current fiscal year.
About Thermon Group
(
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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.
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