Thermon Group (THR) to Release Quarterly Earnings on Wednesday

Thermon Group (NYSE:THR) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 29th. Analysts expect Thermon Group to post earnings of $0.32 per share for the quarter.

Thermon Group Trading Up 0.1 %

Shares of THR opened at $35.57 on Thursday. The stock has a market cap of $1.20 billion, a PE ratio of 24.84 and a beta of 1.17. Thermon Group has a 1 year low of $21.20 and a 1 year high of $35.93. The company has a current ratio of 2.22, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35. The stock has a 50 day simple moving average of $32.22 and a 200-day simple moving average of $30.88.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. StockNews.com upgraded shares of Thermon Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 4th. Roth Mkm started coverage on shares of Thermon Group in a research report on Wednesday, March 6th. They set a “buy” rating and a $36.00 price target on the stock. Finally, CJS Securities assumed coverage on shares of Thermon Group in a research report on Monday, April 29th. They set an “outperform” rating and a $42.00 price target on the stock.

About Thermon Group

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 provides 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.