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Thermon Group - THR Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $40.00
  • Forecasted Upside: 39.32%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$28.71 As of 12/20/2024 06:31 PM ET
▼ -0.38 (-1.31%)

This chart shows the closing price for THR by one month, three months, or twelve months.

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Analyst Price Target for THR

Analyst Price Target is $40.00
▲ +39.32% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Thermon Group in the last 3 months. The average price target is $40.00, with a high forecast of $42.00 and a low forecast of $38.00. The average price target represents a 39.32% upside from the last price of $28.71.

This chart shows the closing price for THR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Thermon Group.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/30/2024Roth MkmBoost TargetBuy ➝ Buy$36.00 ➝ $38.00
4/29/2024CJS SecuritiesInitiated CoverageOutperform$42.00
3/6/2024Roth MkmInitiated CoverageBuy$36.00
8/9/2021Rosenblatt SecuritiesBoost TargetBuy$25.00 ➝ $26.00
3/17/2021Rosenblatt SecuritiesBoost TargetBuy$23.00 ➝ $26.00
11/9/2020Rosenblatt SecuritiesLower TargetBuy$19.00 ➝ $18.00
8/24/2020Rosenblatt SecuritiesReiterated RatingBuy$19.00
5/28/2020Rosenblatt SecuritiesReiterated RatingBuy$19.00
4/21/2020Rosenblatt SecuritiesReiterated RatingBuy$22.00 ➝ $19.00
3/15/2020Rosenblatt SecuritiesInitiated CoverageBuy$22.00
2/10/2020William BlairReiterated RatingOutperform
2/9/2020Evercore ISIReiterated RatingHold$25.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.48 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 12 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 8 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 3 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 12 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 12 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Thermon Group logo
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.
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Today's Range

Now: $28.71
Low: $28.49
High: $29.54

50 Day Range

MA: $29.74
Low: $26.21
High: $32.37

52 Week Range

Now: $28.71
Low: $23.76
High: $35.93

Volume

310,524 shs

Average Volume

195,956 shs

Market Capitalization

$967.10 million

P/E Ratio

22.43

Dividend Yield

N/A

Beta

1.1

Frequently Asked Questions

What sell-side analysts currently cover shares of Thermon Group?

The following Wall Street analysts have issued research reports on Thermon Group in the last year: CJS Securities, Roth Mkm, and StockNews.com.
View the latest analyst ratings for THR.

What is the current price target for Thermon Group?

0 Wall Street analysts have set twelve-month price targets for Thermon Group in the last year. Their average twelve-month price target is $40.00, suggesting a possible upside of 39.3%. CJS Securities has the highest price target set, predicting THR will reach $42.00 in the next twelve months. Roth Mkm has the lowest price target set, forecasting a price of $38.00 for Thermon Group in the next year.
View the latest price targets for THR.

What is the current consensus analyst rating for Thermon Group?

Thermon Group currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe THR will outperform the market and that investors should add to their positions of Thermon Group.
View the latest ratings for THR.

What other companies compete with Thermon Group?

Other companies that are similar to Thermon Group include EnerSys, Brady, Powell Industries, Vicor and American Superconductor. Learn More about companies similar to Thermon Group.

How do I contact Thermon Group's investor relations team?

Thermon Group's physical mailing address is 7171 SOUTHWEST PARKWAY BUILDING 300 SUITE 200, AUSTIN TX, 78735. The technology company's listed phone number is (512) 690-0600 and its investor relations email address is [email protected]. The official website for Thermon Group is www.thermon.com. Learn More about contacing Thermon Group investor relations.