Thermon Group (THR) Set to Announce Quarterly Earnings on Wednesday

Thermon Group (NYSE:THRGet Free Report) is set to announce its earnings results before the market opens on Wednesday, May 29th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.

Thermon Group Stock Performance

THR opened at $35.57 on Thursday. The stock has a 50-day moving average of $32.22 and a 200-day moving average of $30.88. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.22. Thermon Group has a 52-week low of $21.20 and a 52-week high of $35.93. The company has a market cap of $1.20 billion, a PE ratio of 24.84 and a beta of 1.17.

Analyst Ratings Changes

Several research firms have recently issued reports on THR. StockNews.com upgraded shares of Thermon Group from a “hold” rating to a “buy” rating in a report on Saturday, May 4th. CJS Securities assumed coverage on shares of Thermon Group in a report on Monday, April 29th. They issued an “outperform” rating and a $42.00 target price on the stock. Finally, Roth Mkm started coverage on Thermon Group in a research report on Wednesday, March 6th. They issued a “buy” rating and a $36.00 price objective for the company.

Get Our Latest Analysis on Thermon Group

About Thermon Group

(Get Free Report)

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 provides 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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Earnings History for Thermon Group (NYSE:THR)

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