Thermon Group Holdings Inc (THR) Analysts See $0.10 EPS

October 13, 2017 - By reb123z

 Thermon Group Holdings Inc (THR) Analysts See $0.10 EPS
Investors sentiment increased to 1.62 in 2017 Q2. Its up 0.54, from 1.08 in 2017Q1. It improved, as 5 investors sold Thermon Group Holdings Inc shares while 24 reduced holdings. 12 funds opened positions while 35 raised stakes. 33.39 million shares or 2.99% more from 32.42 million shares in 2017Q1 were reported.
Victory Mgmt owns 7,904 shares. State Board Of Administration Of Florida Retirement Sys reported 20,460 shares. Envestnet Asset Management, a Illinois-based fund reported 1,525 shares. Brown Advisory holds 18,179 shares or 0% of its portfolio. New York-based Fenimore Asset Management Incorporated has invested 0.43% in Thermon Group Holdings Inc (NYSE:THR). Fdx Incorporated holds 21,982 shares or 0.01% of its portfolio. Pub Employees Retirement Systems Of Ohio invested in 0.01% or 127,800 shares. Voya Invest Lc invested 0% of its portfolio in Thermon Group Holdings Inc (NYSE:THR). Goldman Sachs holds 0.01% or 1.36M shares in its portfolio. Ubs Asset Mgmt Americas Incorporated reported 0% of its portfolio in Thermon Group Holdings Inc (NYSE:THR). 38,333 are owned by Rhumbline Advisers. Eagle Asset Management Inc reported 0.19% in Thermon Group Holdings Inc (NYSE:THR). Parametric Portfolio Associates Ltd Limited Liability Company has invested 0% in Thermon Group Holdings Inc (NYSE:THR). California State Teachers Retirement Systems reported 57,109 shares. Moreover, Legal And General Group Plc has 0% invested in Thermon Group Holdings Inc (NYSE:THR).

Investors wait Thermon Group Holdings Inc (NYSE:THR) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.10 earnings per share, $0.00 or 0.00 % from last year’s $0.1 same quarter earnings. This translates into $3.24M profit for THR giving the stock a 51.43 P/E. This is assuming the current $0.10 EPS is accurate. Thermon Group Holdings Inc’s Wall Street analysts see 900.00 % EPS growth, taking into account the $0.01 EPS reproted in the previous quarter, The stock decreased 0.53% or $0.11 during the last trading session, reaching $20.57. About 156,798 shares traded. Thermon Group Holdings Inc (NYSE:THR) has risen 11.69% since October 14, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.

Thermon Group Holdings Inc (NYSE:THR) Ratings Coverage

Among 6 analysts covering Thermon Group Holdings (NYSE:THR), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Thermon Group Holdings had 17 analyst reports since September 18, 2015 according to SRatingsIntel. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, September 6. BMO Capital Markets upgraded the shares of THR in report on Monday, March 27 to “Outperform” rating. The firm earned “Buy” rating on Thursday, October 6 by Jefferies. On Tuesday, September 26 the stock rating was maintained by Jefferies with “Buy”. BMO Capital Markets maintained Thermon Group Holdings Inc (NYSE:THR) rating on Thursday, August 3. BMO Capital Markets has “Outperform” rating and $21 target. BMO Capital Markets maintained it with “Buy” rating and $24.0 target in Wednesday, October 4 report. Jefferies maintained it with “Buy” rating and $25.0 target in Thursday, October 5 report. BMO Capital Markets initiated Thermon Group Holdings Inc (NYSE:THR) rating on Tuesday, April 5. BMO Capital Markets has “Market Perform” rating and $20 target. SunTrust maintained the stock with “Neutral” rating in Thursday, August 4 report. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, June 27.

Thermon Group Holdings, Inc. is a provider of engineered thermal solutions for process industries. The company has market cap of $666.52 million. The Firm operates through four divisions based on four geographic countries or regions: United States, Canada, Europe and Asia. It has a 53.34 P/E ratio.

More notable recent Thermon Group Holdings Inc (NYSE:THR) news were published by: Seekingalpha.com which released: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Q1 2018 Results – Earnings …” on August 02, 2017, also Seekingalpha.com with their article: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Strategic Acquisition of CCI …” published on October 04, 2017, Globenewswire.com published: “Thermon Announces Strategic Acquisition of CCI Thermal Technologies Inc. for …” on October 04, 2017. More interesting news about Thermon Group Holdings Inc (NYSE:THR) were released by: Zacks.com and their article: “Thermon Group to Buy CCI Thermal, Expects Benefits in FY19” published on October 05, 2017 as well as Seekingalpha.com‘s news article titled: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Q4 2017 Results – Earnings …” with publication date: May 24, 2017.

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