Media stories about Thermon Group (NYSE:THR) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Thermon Group earned a news impact score of 0.23 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.468554919069 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several equities analysts have recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Thermon Group from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Thursday, October 5th. Jefferies Group reissued a “buy” rating and issued a $25.00 price target (up from $21.00) on shares of Thermon Group in a research note on Friday, October 6th. TheStreet upgraded shares of Thermon Group from a “c” rating to a “b-” rating in a research report on Monday, October 23rd. Zacks Investment Research upgraded shares of Thermon Group from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Friday, January 12th. Finally, William Blair upgraded shares of Thermon Group from a “market perform” rating to an “outperform” rating in a research report on Wednesday, November 29th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $24.25.

Shares of Thermon Group (NYSE:THR) opened at $23.18 on Thursday. Thermon Group has a 12-month low of $15.74 and a 12-month high of $26.50. The stock has a market cap of $760.39, a PE ratio of 55.19 and a beta of 1.05. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.95 and a current ratio of 3.73.

Thermon Group (NYSE:THR) last released its quarterly earnings data on Monday, October 23rd. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.04. Thermon Group had a net margin of 5.65% and a return on equity of 4.39%. The firm had revenue of $61.63 million during the quarter, compared to analysts’ expectations of $61.64 million. During the same period last year, the business earned $0.10 earnings per share. Thermon Group’s revenue was down 10.4% compared to the same quarter last year. analysts predict that Thermon Group will post 0.49 EPS for the current year.

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About Thermon Group

Thermon Group Holdings, Inc is a provider of engineered thermal solutions for process industries. The Company operates through four segments based on four geographic countries or regions: United States, Canada, Europe and Asia. Its product portfolio includes self-regulating and power limiting heating cables, which change heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated (MI) cable; skin effect trace heater; heat traced tube bundles for environmental gas sampling systems; heat transfer compounds and steam tracers for steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers and instrument sampling systems; turnkey solutions that provide solutions for heat tracing, including design, optimization, installation and ongoing maintenance; products and services, such as heating, sensing, monitoring, controlling and calibration tools, and temporary electric power distribution and lighting products.

Insider Buying and Selling by Quarter for Thermon Group (NYSE:THR)

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