Shares of Thermon Group Holdings Inc. (NYSE:THR) saw an uptick in trading volume on Monday . 194,545 shares traded hands during mid-day trading, an increase of 86% from the previous session’s volume of 104,537 shares.The stock last traded at $19.99 and had previously closed at $19.65.

A number of equities analysts recently commented on the stock. SunTrust Banks Inc. dropped their price target on shares of Thermon Group Holdings from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, August 4th. Zacks Investment Research raised shares of Thermon Group Holdings from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Saturday, May 28th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $20.00.

The firm has a market capitalization of $650.62 million and a price-to-earnings ratio of 31.03. The company’s 50 day moving average is $19.87 and its 200-day moving average is $18.70.

Thermon Group Holdings (NYSE:THR) last issued its earnings results on Wednesday, August 3rd. The company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.07. The firm had revenue of $63.40 million for the quarter, compared to analyst estimates of $64.09 million. The firm’s revenue was down 2.8% on a year-over-year basis. During the same period last year, the business earned $0.18 EPS. Equities research analysts expect that Thermon Group Holdings Inc. will post $0.73 earnings per share for the current year.

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