Thermon Group (NYSE:THR - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $138.91 million for the quarter. Thermon Group has set its FY 2025 guidance at 1.770-1.890 EPS and its FY25 guidance at $1.77-1.89 EPS.
Thermon Group (NYSE:THR - Get Free Report) last announced its earnings results on Thursday, November 7th. The technology company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.03. The firm had revenue of $114.60 million for the quarter, compared to the consensus estimate of $116.19 million. Thermon Group had a return on equity of 12.08% and a net margin of 8.89%. The firm's revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Thermon Group Stock Down 0.7 %
NYSE THR traded down $0.19 during trading on Thursday, hitting $28.27. The company's stock had a trading volume of 25,633 shares, compared to its average volume of 114,540. Thermon Group has a fifty-two week low of $23.76 and a fifty-two week high of $35.93. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.80 and a quick ratio of 1.85. The company has a market cap of $952.38 million, a PE ratio of 22.08 and a beta of 1.11. The business's 50 day simple moving average is $30.01 and its 200-day simple moving average is $29.70.
Insider Buying and Selling
In other Thermon Group news, SVP David Buntin sold 28,137 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $32.15, for a total value of $904,604.55. Following the sale, the senior vice president now directly owns 57,773 shares of the company's stock, valued at approximately $1,857,401.95. This trade represents a 32.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.40% of the stock is owned by corporate insiders.
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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