Thermon Group Holdings, Inc. (THR) EPS Estimated At $0.37

Investors sentiment increased to 1.35 in Q3 2018. Its up 0.25, from 1.1 in 2018Q2. It is positive, as 7 investors sold Thermon Group Holdings, Inc. shares while 30 reduced holdings. 21 funds opened positions while 29 raised stakes. 30.87 million shares or 2.34% less from 31.61 million shares in 2018Q2 were reported.
Renaissance Technology Ltd stated it has 500,490 shares or 0.01% of all its holdings. Price T Rowe Md has invested 0.02% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR). Td Asset Management holds 58,300 shares. 179,977 were accumulated by Schwab Charles Investment Mgmt. Kennedy Capital Mngmt Inc invested 0.18% in Thermon Group Holdings, Inc. (NYSE:THR). 206 are held by Wilbanks Smith Thomas Asset Management Lc. Stone Ridge Asset Management Llc reported 17,744 shares. Ubs Asset Mgmt Americas has invested 0% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR). Citigroup stated it has 0% in Thermon Group Holdings, Inc. (NYSE:THR). Kempen Management Nv accumulated 479,233 shares. Barclays Public Limited Company, United Kingdom-based fund reported 35,593 shares. Metropolitan Life Ny holds 0% or 2,132 shares. New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.09% in Thermon Group Holdings, Inc. (NYSE:THR). Spark Management Ltd Llc holds 0.03% or 22,600 shares. Synovus invested 0% in Thermon Group Holdings, Inc. (NYSE:THR).

Analysts expect Thermon Group Holdings, Inc. (NYSE:THR) to report $0.37 EPS on February, 14.They anticipate $0.13 EPS change or 54.17 % from last quarter’s $0.24 EPS. THR’s profit would be $12.06M giving it 15.34 P/E if the $0.37 EPS is correct. After having $0.22 EPS previously, Thermon Group Holdings, Inc.’s analysts see 68.18 % EPS growth. The stock increased 1.61% or $0.36 during the last trading session, reaching $22.7. About 76,759 shares traded. Thermon Group Holdings, Inc. (NYSE:THR) has declined 5.70% since January 12, 2018 and is downtrending. It has underperformed by 5.70% the S&P500.

Thermon Group Holdings, Inc. (NYSE:THR) Ratings Coverage

Among 2 analysts covering Thermon Group Holdings (NYSE:THR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Thermon Group Holdings had 3 analyst reports since August 2, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, August 2 by BMO Capital Markets. The stock of Thermon Group Holdings, Inc. (NYSE:THR) earned “Outperform” rating by BMO Capital Markets on Friday, November 2. SunTrust upgraded the stock to “Buy” rating in Thursday, November 1 report.

Thermon Group Holdings, Inc. provides thermal engineered industrial process heating solutions for process industries in the United States, Canada, Europe, and Asia. The company has market cap of $739.91 million. The Company’s products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It has a 58.21 P/E ratio. The firm offers self-regulating and power limiting heating cables, which automatically increase or decrease heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated cables for generating high temperatures used in harsh environments; skin effect trace heaters, which could heat lines up to 15 miles long from a single power point; and heat traced tube bundles for environmental gas sampling systems.

More notable recent Thermon Group Holdings, Inc. (NYSE:THR) news were published by: Seekingalpha.com which released: “Thermon Group (THR) CEO Bruce Thames on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on August 04, 2018, also Seekingalpha.com with their article: “Bank of America Merrill Lynch cools on Robert Half – Seeking Alpha” published on January 03, 2019, Globenewswire.com published: “Oxurion NV Announces New NYSE Euronext Brussels Stock Ticker “OXUR” and Launch of New Websit – GlobeNewswire” on September 10, 2018. More interesting news about Thermon Group Holdings, Inc. (NYSE:THR) were released by: Seekingalpha.com and their article: “THR: Disney issues layoffs in products/interactive unit – Seeking Alpha” published on September 14, 2018 as well as Seekingalpha.com‘s news article titled: “THR analysis: Disney streaming marks multibillion-dollar gamble – Seeking Alpha” with publication date: September 13, 2018.

Thermon Group Holdings, Inc. (NYSE:THR) Institutional Positions Chart

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