THR 📈 Thermon Group Holdings - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88362T1034

THR: Heating, Filtration, Controls, Monitoring, Software, Boilers, Tubes

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. The company also provides controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; and boilers under the Vapor Power, Precision Boilers, and Caloritech brands. In addition, it offers project services; transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; transit heaters; and velocity heat products. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. It serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas. Web URL: https://www.thermon.com

Additional Sources for THR Stock

THR Stock Overview

Market Cap in USD 1,066m
Sector Industrials
Industry Specialty Industrial Machinery
GiC Sub-Industry Electrical Components & Equipment
IPO / Inception 2011-05-05

THR Stock Ratings

Growth 5y 24.6%
Fundamental 42.8%
Dividend -
Rel. Strength Industry -164
Analysts 4/5
Fair Price Momentum 26.53 USD
Fair Price DCF 55.09 USD

THR Dividends

No Dividends Paid

THR Growth Ratios

Growth Correlation 3m 55.6%
Growth Correlation 12m -13.8%
Growth Correlation 5y 79.5%
CAGR 5y 1.53%
CAGR/Mean DD 5y 0.06
Sharpe Ratio 12m -0.31
Alpha -40.23
Beta 0.95
Volatility 30.33%
Current Volume 60.8k
Average Volume 20d 184.9k
What is the price of THR stocks?
As of December 27, 2024, the stock is trading at USD 29.04 with a total of 60,822 shares traded.
Over the past week, the price has changed by -0.17%, over one month by -8.48%, over three months by -0.55% and over the past year by -12.45%.
Is Thermon Group Holdings a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Thermon Group Holdings (NYSE:THR) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 42.80 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of THR as of December 2024 is 26.53. This means that THR is currently overvalued and has a potential downside of -8.64%.
Is THR a buy, sell or hold?
Thermon Group Holdings has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy THR.
  • Strong Buy: 1
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for THR stock price target?
According to ValueRays Forecast Model, THR Thermon Group Holdings will be worth about 29.2 in December 2025. The stock is currently trading at 29.04. This means that the stock has a potential upside of +0.62%.
Issuer Forecast Upside
Wallstreet Target Price 35 20.5%
Analysts Target Price 30 3.3%
ValueRay Target Price 29.2 0.6%