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

Thermon Group (NYSE:THR) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.770-1.890 for the period, compared to the consensus earnings per share 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 Stock Performance

THR traded up $0.99 on Friday, hitting $27.51. The company had a trading volume of 198,568 shares, compared to its average volume of 141,327. The company’s fifty day moving average price is $29.48 and its 200 day moving average price is $29.49. Thermon Group has a 1-year low of $25.76 and a 1-year 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 stock has a market cap of $926.64 million, a price-to-earnings ratio of 21.41 and a beta of 1.10.

Thermon Group (NYSE:THR) last posted its earnings results on Thursday, February 6th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.02. Thermon Group had a return on equity of 12.08% and a net margin of 8.89%. Equities analysts predict that Thermon Group will post 1.79 earnings per share for the current fiscal year.

Insider Transactions at Thermon Group

In other news, SVP David Buntin sold 28,137 shares of the company’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 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. The trade was a 32.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.40% of the company’s stock.

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.