A share price of Thermon Group Holdings Inc [THR] is currently trading at $29.81, down -0.47%. An important factor to consider is whether the stock is rising or falling in short-term value. The THR shares have gain 8.32% over the last week, with a monthly amount glided 2.97%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Thermon Group Holdings Inc [NYSE: THR] stock has seen the most recent analyst activity on April 29, 2024, when CJS Securities initiated its Market Outperform rating and assigned the stock a price target of $42. Previously, ROTH MKM started tracking the stock with Buy rating on March 06, 2024, and set its price target to $36. On March 16, 2020, Rosenblatt initiated with a Buy rating and assigned a price target of $22 on the stock. SunTrust upgraded its rating to a Buy. Johnson Rice upgraded its rating to a Accumulate. William Blair upgraded its rating to Outperform for this stock on November 29, 2017. In a note dated November 03, 2015, Sun Trust Rbsn Humphrey initiated an Neutral rating.
Thermon Group Holdings Inc experienced fluctuations in its stock price throughout the past year between $25.76 and $35.93. Thermon Group Holdings Inc [NYSE: THR] shares were valued at $29.81 at the most recent close of the market.
Analyzing the THR fundamentals
Trailing Twelve Months sales for Thermon Group Holdings Inc [NYSE:THR] were 491.78M which represents -1.52% decline. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.49 points at the first support level, and at 29.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.23, and for the 2nd resistance point, it is at 30.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Thermon Group Holdings Inc [NYSE:THR] is 2.56. On the other hand, the Quick Ratio is 1.71, and the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 21.82.
Transactions by insiders
Recent insider trading involved Cerovski Thomas N, SVP, Global Sales, that happened on Feb 10 ’25 when 500.0 shares were purchased. SVP, Thermon Heat Tracing, Buntin David completed a deal on Dec 12 ’24 to sell 28137.0 shares. Meanwhile, Officer Buntin David bought 28137.0 shares on Dec 12 ’24.
