$0.19 EPS Expected for Thermon Group Holdings, Inc. (THR)

April 24, 2018 - By Graig Alexander

Investors sentiment decreased to 1.37 in 2017 Q4. Its down 1.30, from 2.67 in 2017Q3. It turned negative, as 7 investors sold Thermon Group Holdings, Inc. shares while 31 reduced holdings. 20 funds opened positions while 32 raised stakes. 32.30 million shares or 4.51% less from 33.83 million shares in 2017Q3 were reported.
Geode Limited Liability Corporation reported 0% in Thermon Group Holdings, Inc. (NYSE:THR). Ubs Asset Americas Inc holds 10,299 shares or 0% of its portfolio. Pnc Financial Svcs Group Incorporated owns 45 shares. Snyder Cap Lp accumulated 0.51% or 434,320 shares. Georgia-based Invesco Ltd has invested 0% in Thermon Group Holdings, Inc. (NYSE:THR). American Century Cos reported 317,511 shares. Blair William And Co Il owns 8,550 shares. Credit Suisse Ag has invested 0% in Thermon Group Holdings, Inc. (NYSE:THR). Natl Bank Of Montreal Can invested in 0% or 14,807 shares. Great West Life Assurance Communication Can has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR). Renaissance Tech reported 436,100 shares. The Florida-based Eagle Asset Management has invested 0.23% in Thermon Group Holdings, Inc. (NYSE:THR). 20,460 are held by State Board Of Administration Of Florida Retirement System. Old Fincl Bank In holds 0.02% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR) for 18,390 shares. Legal And General Group Incorporated Public Limited Com reported 8,067 shares stake.

Analysts expect Thermon Group Holdings, Inc. (NYSE:THR) to report $0.19 EPS on May, 23.They anticipate $0.09 EPS change or 90.00 % from last quarter’s $0.1 EPS. THR’s profit would be $6.17M giving it 31.57 P/E if the $0.19 EPS is correct. After having $0.24 EPS previously, Thermon Group Holdings, Inc.’s analysts see -20.83 % EPS growth. The stock decreased 1.07% or $0.26 during the last trading session, reaching $23.99. About 62,605 shares traded. Thermon Group Holdings, Inc. (NYSE:THR) has risen 7.48% since April 24, 2017 and is uptrending. It has underperformed by 4.07% the S&P500.

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

Among 3 analysts covering Thermon Group Holdings Inc (NYSE:THR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Thermon Group Holdings Inc had 7 analyst reports since October 24, 2017 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Sunday, November 26. On Thursday, January 25 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was maintained by BMO Capital Markets on Tuesday, October 24 with “Outperform”. SunTrust maintained the shares of THR in report on Friday, February 9 with “Hold” rating. On Thursday, February 8 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock has “Outperform” rating by William Blair on Wednesday, November 29.

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 $778.82 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 85.68 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.

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

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