Roth Capital Weighs in on Thermon Group Holdings, Inc.’s Q1 2025 Earnings (NYSE:THR)

Thermon Group Holdings, Inc. (NYSE:THRFree Report) – Stock analysts at Roth Capital cut their Q1 2025 EPS estimates for Thermon Group in a research note issued to investors on Thursday, May 30th. Roth Capital analyst C. Moore now forecasts that the technology company will earn $0.29 per share for the quarter, down from their previous forecast of $0.32. The consensus estimate for Thermon Group’s current full-year earnings is $1.93 per share. Roth Capital also issued estimates for Thermon Group’s Q2 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $1.97 EPS and FY2026 earnings at $2.24 EPS.

A number of other analysts have also recently weighed in on THR. StockNews.com raised shares of Thermon Group from a “hold” rating to a “buy” rating in a report on Saturday, May 4th. CJS Securities began coverage on shares of Thermon Group in a research note on Monday, April 29th. They issued an “outperform” rating and a $42.00 price objective on the stock. Finally, Roth Mkm increased their target price on Thermon Group from $36.00 to $38.00 and gave the company a “buy” rating in a report on Thursday.

View Our Latest Stock Analysis on Thermon Group

Thermon Group Trading Up 3.5 %

Thermon Group stock opened at $34.87 on Friday. The firm’s 50-day moving average is $32.71 and its 200-day moving average is $31.01. 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 1 year low of $22.44 and a 1 year high of $35.93. The company has a market cap of $1.18 billion, a P/E ratio of 23.25 and a beta of 1.17.

Institutional Investors Weigh In On Thermon Group

Several hedge funds have recently made changes to their positions in the stock. Lazard Asset Management LLC lifted its stake in Thermon Group by 8.3% during the first quarter. Lazard Asset Management LLC now owns 10,093 shares of the technology company’s stock worth $330,000 after purchasing an additional 774 shares during the period. Swiss National Bank boosted its position in shares of Thermon Group by 1.5% during the third quarter. Swiss National Bank now owns 74,100 shares of the technology company’s stock worth $2,036,000 after purchasing an additional 1,100 shares in the last quarter. Clifford Capital Partners LLC boosted its position in shares of Thermon Group by 5.7% during the first quarter. Clifford Capital Partners LLC now owns 22,596 shares of the technology company’s stock worth $739,000 after purchasing an additional 1,225 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Thermon Group by 8.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,586 shares of the technology company’s stock valued at $508,000 after acquiring an additional 1,238 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in Thermon Group by 13.9% in the 4th quarter. New York State Common Retirement Fund now owns 14,692 shares of the technology company’s stock valued at $479,000 after acquiring an additional 1,796 shares in the last quarter. Institutional investors own 99.76% of the company’s stock.

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 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.

Further Reading

Earnings History and Estimates for Thermon Group (NYSE:THR)

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