Thermon Group (THR) Expected to Release Quarterly Earnings on Thursday

Thermon Group (NYSE:THRGet Free Report) is anticipated to announce its Q1 2027 results before the market opens on Thursday, August 6th. Analysts expect Thermon Group to announce earnings of $0.41 per share and revenue of $117.1620 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Thermon Group (NYSE:THRGet Free Report) last released its quarterly earnings data on Tuesday, May 19th. The technology company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The business had revenue of $148.33 million during the quarter, compared to the consensus estimate of $137.85 million. Thermon Group had a net margin of 8.31% and a return on equity of 13.42%. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the business posted $0.56 earnings per share. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Thermon Group Price Performance

Shares of NYSE THR opened at $61.14 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.69 and a quick ratio of 1.76. The company has a 50-day moving average price of $61.89 and a 200-day moving average price of $55.11. The stock has a market capitalization of $2.01 billion, a P/E ratio of 45.63 and a beta of 0.83. Thermon Group has a 1 year low of $23.86 and a 1 year high of $71.87.

Institutional Investors Weigh In On Thermon Group

A number of hedge funds have recently made changes to their positions in the business. Canada Pension Plan Investment Board purchased a new stake in Thermon Group during the second quarter worth about $31,000. Danske Bank A S bought a new position in shares of Thermon Group during the 3rd quarter valued at approximately $45,000. NewEdge Advisors LLC purchased a new stake in shares of Thermon Group during the 3rd quarter worth approximately $83,000. Tower Research Capital LLC TRC increased its stake in shares of Thermon Group by 110.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,255 shares of the technology company’s stock worth $91,000 after purchasing an additional 1,710 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Thermon Group by 62.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,236 shares of the technology company’s stock worth $91,000 after purchasing an additional 1,245 shares during the period. 99.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on THR. Weiss Ratings cut shares of Thermon Group from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Wall Street Zen upgraded Thermon Group to a “hold” rating in a research note on Saturday, May 30th. Six investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $57.00.

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Thermon Group Company Profile

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Thermon Group, Inc (NYSE: THR) is a global provider of engineered thermal solutions designed to maintain process temperatures, prevent freezing and improve energy efficiency across industrial, commercial and power generation applications. The company specializes in the design, manufacture, installation and service of heat tracing systems, insulation and protective coatings for pipelines, tanks, vessels and other critical equipment.

Thermon’s core offerings include electric heat tracing, steam tracing, custom-engineered control panels, monitoring systems and advanced sensor technologies.

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Earnings History for Thermon Group (NYSE:THR)

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