Date | Price Target | Rating | Analyst |
---|---|---|---|
4/29/2024 | $42.00 | Market Outperform | CJS Securities |
3/6/2024 | $36.00 | Buy | ROTH MKM |
8/9/2021 | $25.00 → $26.00 | Buy | Rosenblatt |
AUSTIN, TX / ACCESSWIRE / August 7, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the first quarter ("Q1 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025").FIRST QUARTER 2025 HIGHLIGHTS(all comparisons versus the prior year period unless otherwise noted)Revenue $115.1 million, +7.7%Gross profit of $50.4 million, +6.6%; Gross Margin of 43.8%Net Income of $8.5 million, -22.0%, or $0.25 earnings per diluted share; Adjusted Net Income of $13.1 million, or $0.38 Adjusted earnings per diluted shareAdjusted EBITDA of $23.2 million, +5.0%; Adjusted EBITDA marg
AUSTIN, TX / ACCESSWIRE / July 31, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 30, 2024, before the market opens on Wednesday, August 7, 2024. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Greg Lucas, Vice President, Corporate Controller, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407
Record Revenue, Adjusted EBITDA, and Adjusted EPS for Fiscal 2024Grew Revenue from Diversified End Markets to 68% of Total Revenue in Fiscal 2024Introducing Fiscal 2025 Revenue Guidance of $527 million - $553 million AUSTIN, TX / ACCESSWIRE / May 29, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2024") of the fiscal year ended March 31, 2024 ("Fiscal 2024"). Key highlights for Q42024 as compared to the three months ended March 31, 2023 ("Q42023") include:Produced record revenue of $127.7 million, an increase of 4%, driven by sales growth across div
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SC 13G/A - Thermon Group Holdings, Inc. (0001489096) (Subject)
SC 13G - Thermon Group Holdings, Inc. (0001489096) (Subject)
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144 - Thermon Group Holdings, Inc. (0001489096) (Subject)
144 - Thermon Group Holdings, Inc. (0001489096) (Subject)
AUSTIN, TX / ACCESSWIRE / August 7, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the first quarter ("Q1 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025").FIRST QUARTER 2025 HIGHLIGHTS(all comparisons versus the prior year period unless otherwise noted)Revenue $115.1 million, +7.7%Gross profit of $50.4 million, +6.6%; Gross Margin of 43.8%Net Income of $8.5 million, -22.0%, or $0.25 earnings per diluted share; Adjusted Net Income of $13.1 million, or $0.38 Adjusted earnings per diluted shareAdjusted EBITDA of $23.2 million, +5.0%; Adjusted EBITDA marg
AUSTIN, TX / ACCESSWIRE / July 31, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 30, 2024, before the market opens on Wednesday, August 7, 2024. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Greg Lucas, Vice President, Corporate Controller, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407
Record Revenue, Adjusted EBITDA, and Adjusted EPS for Fiscal 2024Grew Revenue from Diversified End Markets to 68% of Total Revenue in Fiscal 2024Introducing Fiscal 2025 Revenue Guidance of $527 million - $553 million AUSTIN, TX / ACCESSWIRE / May 29, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2024") of the fiscal year ended March 31, 2024 ("Fiscal 2024"). Key highlights for Q42024 as compared to the three months ended March 31, 2023 ("Q42023") include:Produced record revenue of $127.7 million, an increase of 4%, driven by sales growth across div
AUSTIN, TX / ACCESSWIRE / December 7, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced the appointment of Mr. Victor L. Richey, retired Chairman and Chief Executive Officer of ESCO Technologies, Inc (NYSE:ESE) ("ESCO"), to Thermon's board of directors (the "Board"). Mr. Richey's addition is part of the Board's ongoing succession planning efforts.John U. Clarke, Thermon's Chairman of the Board said, "On behalf of our entire Board, we are delighted to welcome Vic to the Board. Vic brings a track record of proven success from his tenure as Chairman and CEO of ESCO, which under his leadership, significantly incre
AUSTIN, TX / ACCESSWIRE / November 8, 2023 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, is pleased to announce that John U. Clarke has been appointed non-executive chairman of the board of directors of the Company (the "Board"). He succeeds John Nesser pursuant to the Board's established succession plan. Mr. Nesser will continue to serve as a member of the Board to provide for a smooth transition of the Board's leadership."We want to thank John Nesser for his many contributions while serving as chairman. His leadership, insights and guidance have helped drive Thermon's evolution as a global leader in industri
AUSTIN, TX / ACCESSWIRE / September 6, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced the appointment of Dr. Angela Strzelecki, President of the Pharmaceutical Solutions Division of International Flavors & Fragrances (NYSE:IFF), to its board of directors.John Nesser, Chairman of the board, said, "We are delighted that Angela has accepted our invitation to join the Thermon board of directors. She brings a wealth of knowledge and relevant experience to our board, and her recruitment adds further gender diversity to our board and augments our long-term board succession plans. In addition to bringing a proven t
4/A - Thermon Group Holdings, Inc. (0001489096) (Issuer)
4 - Thermon Group Holdings, Inc. (0001489096) (Issuer)
4 - Thermon Group Holdings, Inc. (0001489096) (Issuer)
CJS Securities initiated coverage of Thermon Group with a rating of Market Outperform and set a new price target of $42.00
ROTH MKM initiated coverage of Thermon Group with a rating of Buy and set a new price target of $36.00
Rosenblatt reiterated coverage of Thermon Group Holdings with a rating of Buy and set a new price target of $26.00 from $25.00 previously
Thermon Group Holdings's (NYSE:THR) short percent of float has fallen 5.1% since its last report. The company recently reported that it has 267 thousand shares sold short, which is 0.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.42 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
Roth MKM analyst Chip Moore maintains Thermon Group Holdings (NYSE:THR) with a Buy and raises the price target from $36 to $38.
Thermon Group Holdings, Inc. (NYSE:THR) shares are trading lower after it reported a fourth-quarter FY24 revenue increase of 4% Y/Y to $127.7 million, beating the consensus of $126.66 million. Revenue was driven by sales growth across diversified end markets and decarbonization projects. Thermon delivered bookings of $117.0 million, with 73% of orders in diversified end markets and a book-to-bill ratio of 0.92x. The company achieved gross profit growth of 2% to $52.4 million, with a margin of 41.0%, a contraction of approximately 110 basis points Y/Y, in the quarter. Adjusted EBITDA fell 6% Y/Y to $23.6 million, owing to planned investment to support long-term strategy. Adjust
4 - Thermon Group Holdings, Inc. (0001489096) (Issuer)
4 - Thermon Group Holdings, Inc. (0001489096) (Issuer)
4 - Thermon Group Holdings, Inc. (0001489096) (Issuer)