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

Thermon Group (NYSE:THR) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.770-1.890 for the period, compared to the consensus EPS 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 Trading Down 0.9 %

Shares of THR opened at $26.92 on Thursday. 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 firm’s 50 day simple moving average is $29.58 and its 200 day simple moving average is $29.51. Thermon Group has a 1-year low of $24.39 and a 1-year high of $35.93. The company has a market capitalization of $906.93 million, a P/E ratio of 21.03 and a beta of 1.10.

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

Insider Buying and Selling

In other news, SVP David Buntin sold 28,137 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $32.15, for a total value of $904,604.55. Following the transaction, the senior vice president now directly owns 57,773 shares of the company’s stock, valued at approximately $1,857,401.95. This represents a 32.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.40% of the stock is currently owned by insiders.

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.