Thermon Group HoldingsTHR
THR
About: Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, in the United States and Latin America (US-LAM), Canada, Europe, Middle East and Africa (EMEA), and Asia-Pacific.
Employees: 1,416
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4% less capital invested
Capital invested by funds: $990M [Q2] → $948M (-$41.8M) [Q3]
1.21% less ownership
Funds ownership: 95.28% [Q2] → 94.07% (-1.21%) [Q3]
3% less funds holding
Funds holding: 154 [Q2] → 150 (-4) [Q3]
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Research analyst outlook
We haven’t received any recent analyst ratings for THR.
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Thermon Group Holdings Inc. (THR) Q2 2025 Earnings Call Transcript
Thermon Group Holdings Inc. (NYSE:THR ) Q2 2025 Earnings Call Transcript November 7, 2024 11:00 AM ET Company Participants Ivonne Salem - Vice President of FP&A and Investor Relations Bruce Thames - President, Chief Executive Officer and Director Jan Schott - Chief Financial Officer Conference Call Participants Justin Ages - CJS Securities Brian Drab - William Blair Jon Braatz - Oppenheimer Operator Greetings and welcome to Thermon Group Holdings Inc.'s Earnings Call for the Second Quarter 2025. At this time, all participants are on a listen-only mode.
Neutral
Accesswire
1 month ago
CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results
Correction to table "FISCAL 2025 OUTLOOK" AUSTIN, TX / ACCESSWIRE / November 8, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the second quarter ("Q2 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025"). SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $114.6 million, (7.4)% Gross profit of $50.9 million, (6.5)%; Gross Margin of 44.4% Net Income of $9.5 million, (35.4)%, or $0.28 earnings per diluted share (EPS) Adjusted Net Income (non-GAAP) of $12.8 million, or $0.38 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $23.8 million, (14.1)%; Adjusted EBITDA margin (non-GAAP) of 20.8% New orders of $131.1 million, +12.6%; book-to-bill ratio of 1.14x Net Leverage ratio of 1.3x as of September 30, 2024 Updating full-year 2025 guidance MANAGEMENT COMMENTARY "Our second quarter results once again demonstrated the benefits of our disciplined execution against our key strategic pillars, highlighted by continued momentum in bookings during the quarter and the ability to strategically deploy capital in support of our growth initiatives, including our recent acquisition of F.A.T.I.
Positive
Zacks Investment Research
1 month ago
Thermon Group (THR) Q2 Earnings Top Estimates
Thermon Group (THR) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.49 per share a year ago.
Neutral
Accesswire
1 month ago
Thermon Reports Second Quarter Fiscal 2025 Results
AUSTIN, TX / ACCESSWIRE / November 7, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the second quarter ("Q2 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025"). SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $114.6 million, (7.4)% Gross profit of $50.9 million, (6.5)%; Gross Margin of 44.4% Net Income of $9.5 million, (35.4)%, or $0.28 earnings per diluted share (EPS) Adjusted Net Income (non-GAAP) of $12.8 million, or $0.38 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $23.8 million, (14.1)%; Adjusted EBITDA margin (non-GAAP) of 20.8% New orders of $131.1 million, +12.6%; book-to-bill ratio of 1.14x Net Leverage ratio of 1.3x as of September 30, 2024 Updating full-year 2025 guidance MANAGEMENT COMMENTARY "Our second quarter results once again demonstrated the benefits of our disciplined execution against our key strategic pillars, highlighted by continued momentum in bookings during the quarter and the ability to strategically deploy capital in support of our growth initiatives, including our recent acquisition of F.A.T.I.
Neutral
Accesswire
1 month ago
Thermon Schedules Second Quarter Fiscal 2025 Earnings Conference Call - November 7, 2024
AUSTIN, TX / ACCESSWIRE / October 31, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended September 30, 2024, before the market opens on Thursday, November 7, 2024. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m.
Neutral
Zacks Investment Research
1 month ago
3 Instruments Stocks Set to Ride Against Industry Headwinds
The increasing adoption of industrial automation, focus on higher energy efficiency and optimum resource utilization should drive the Zacks Instruments ??? Control industry.
Positive
Zacks Investment Research
2 months ago
Thermon Boosts Portfolio With F.A.T.I. Buyout: Will Stock Gain?
Thermon Group Holdings, Inc. THR has acquired Italy-based Fabbrica Apparecchiature Termoelettriche Industriali S.r.L. ("F.A.T.I.
Positive
Seeking Alpha
2 months ago
Thermon Group: Warming Up To The Shares Again (Rating Upgrade)
Thermon Group Holdings, Inc.'s shares have come down to $28, presenting a compelling valuation at 14 times forward earnings, with leverage down to 1.2 times EBITDA. Despite softer organic performance and risks to full-year guidance, long-term ambitions and recent acquisitions support a modest investment position. The company provides industrial heating solutions, yet has diversified quite a bit away from oil and gas, aiming for $600-$700 million in sales by 2026.
Neutral
Accesswire
2 months ago
Thermon Expands Electric Heater Offering Through Acquisition of F.A.T.I.
AUSTIN, TX / ACCESSWIRE / October 3, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced the acquisition of Fabbrica Apparecchiature Termoelettriche Industriali S.r.L. ("F.A.T.I.
Neutral
Accesswire
2 months ago
Thermon Appoints Jan L. Schott as Chief Financial Officer and Promotes Greg Lucas to Chief Accounting Officer
AUSTIN, TX / ACCESSWIRE / September 25, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced two key additions to its senior leadership team. Jan L. Schott will join the Company as Senior Vice President and Chief Financial Officer, effective October 14, 2024, and Greg Lucas has been promoted to the role of Vice President and Chief Accounting Officer, effective as of the same date.
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