THR
Thermon Group Holdings, Inc. NYSE Listed May 5, 2011$61.14
-8.49%
vs $66.81
Mkt Cap $2.0B
52w Low $23.86
77.7% of range
52w High $71.87
50d MA $58.54
200d MA $42.15
P/E (TTM)
46.7x
EV/EBITDA
22.8x
P/B
4.2x
Debt/Equity
0.3x
ROE
9.9%
P/FCF
39.4x
RSI (14)
42.20
ATR (14)
$3.21
Beta
0.72
50d MA
$58.54
200d MA
$42.15
Avg Volume
741.4K
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Its products include electric heating products, such as air heaters and heating accessories, boilers and calorifiers, controlling and monitoring solutions, heat tracing systems, tank heating systems, thermostats, tubing bundles, and system accessories, as well as strip, tubular, immersion, and process heaters; and gas heating products, including enclosure and explosion proof gas catalytic heaters, gas fired blowers, and gas heating accessories that comprise regulators, valves, mounting brackets, and battery cables. The company also offers specialty products, which include CEMS and analytical systems, commercial construction products and services, control panels, engineered products, compressed gas scrubbing systems, temporary power solutions, and snow clearing devices for rail track and switch equipment; and steam heating solutions comprising heat transfer compounds, steam heated bundles, steam supply and condensate return lines, steam tracing solutions, steam trace accessories, and tank heating products. In addition, it provides design engineering solutions that include design optimization studies, product selection assistance, and computer-generated drawing packages; energy audit services; procurement and project management services; procurement and project management services; turnkey construction installation; recurring facility assessment or audit; maintenance services; and technical support services. The company offers its solutions to chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, transportation, food and beverage, pharmaceutical, and mineral processing industries, as well as data centers, semiconductor facilities, and other markets through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.
Building 300 · Austin, TX 78735 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 19, 2026 | BMO | 0.56 | 0.55 | -1.8% | 64.05 | -3.0% | -1.0% | +3.2% | -0.6% | +1.0% | +8.4% | — |
| Feb 5, 2026 | BMO | 0.59 | 0.66 | +11.9% | 48.77 | +2.3% | +3.4% | +0.4% | -0.8% | +4.8% | -3.0% | — |
| Nov 6, 2025 | BMO | 0.36 | 0.55 | +52.8% | 32.80 | +1.2% | +4.3% | +2.9% | +2.1% | -1.0% | -2.1% | — |
| Aug 7, 2025 | BMO | 0.37 | 0.36 | -2.7% | 24.95 | +0.5% | -3.4% | +2.7% | +3.8% | +1.1% | -2.6% | — |
| May 22, 2025 | BMO | 0.50 | 0.56 | +12.0% | 28.87 | -3.1% | -8.3% | +2.4% | -5.0% | +2.9% | -2.1% | — |
| Feb 6, 2025 | BMO | 0.54 | 0.56 | +3.7% | 26.52 | +0.2% | +3.8% | +3.7% | +6.6% | -3.4% | +1.8% | — |
| Nov 7, 2024 | BMO | 0.35 | 0.38 | +8.6% | 29.03 | +0.6% | -2.0% | +3.5% | +0.1% | +1.5% | -0.9% | — |
| Aug 7, 2024 | BMO | 0.30 | 0.38 | +26.7% | 29.15 | +0.8% | -0.1% | -2.5% | -0.7% | +2.6% | +1.2% | — |
| May 29, 2024 | BMO | 0.32 | 0.34 | +6.2% | 33.69 | +2.7% | +3.4% | -3.1% | -4.6% | -3.0% | -2.0% | — |
| Feb 1, 2024 | BMO | 0.51 | 0.59 | +15.7% | 26.92 | -2.1% | -8.6% | +1.7% | +2.2% | +2.2% | +2.8% | — |
| Nov 2, 2023 | BMO | 0.35 | 0.49 | +40.0% | 28.95 | +1.9% | +4.4% | +1.2% | +1.9% | +1.9% | -2.7% | — |
| Aug 3, 2023 | BMO | 0.29 | 0.40 | +37.9% | 26.00 | -0.7% | -0.5% | -0.2% | +2.3% | -1.0% | -1.1% | — |
| May 25, 2023 | TNS | 0.41 | 0.41 | +0.0% | 22.54 | +0.7% | +3.0% | -0.9% | -0.3% | -0.9% | +4.0% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 25 | William Blair | Downgrade | Outperform → Market Perform | — | $50.48 | $50.18 | -0.6% | +6.1% | -1.6% | -3.6% | -3.5% | -5.1% |
| Feb 3 | Roth Capital | Maintains | Buy → Buy | — | $47.12 | $47.80 | +1.4% | +0.2% | -2.1% | +5.6% | +3.4% | +0.4% |
| May 30 | Roth MKM | Maintains | Buy → Buy | — | $33.69 | $34.59 | +2.7% | +3.4% | -3.1% | -4.6% | -3.0% | -2.0% |
| Aug 9 | Rosenblatt | Maintains | Buy → Buy | — | $17.42 | $17.29 | -0.7% | -2.7% | +1.8% | -0.1% | -0.4% | -1.9% |
| Mar 17 | Rosenblatt | Maintains | Buy → Buy | — | $19.57 | $19.80 | +1.2% | +6.3% | -4.7% | +1.3% | -3.4% | -4.1% |
| Nov 9 | Rosenblatt | Maintains | Buy → Buy | — | $10.71 | $11.35 | +6.0% | +19.9% | -1.1% | -4.6% | -2.9% | +6.8% |
| Apr 22 | Rosenblatt | Maintains | Buy → Buy | — | $13.18 | $13.17 | -0.1% | -2.6% | +6.4% | -0.9% | +2.2% | +4.8% |
| Mar 16 | Rosenblatt | Maintains | Buy → Buy | — | $16.03 | $14.08 | -12.2% | -7.6% | +13.8% | -9.1% | -5.6% | -5.0% |
| Nov 2 | BMO Capital | Maintains | Outperform → Outperform | — | $23.29 | $23.30 | +0.0% | -4.9% | +0.4% | +1.3% | +3.2% | -1.5% |
| Nov 1 | SunTrust Robinson Humphrey | Upgrade | Hold → Buy | — | $21.58 | $25.50 | +18.2% | +7.9% | -4.9% | +0.4% | +1.3% | +3.2% |
| Aug 2 | BMO Capital | Maintains | Outperform → Outperform | — | $26.21 | $26.00 | -0.8% | -1.1% | -2.6% | -0.9% | +1.7% | +1.3% |
| Feb 9 | BMO Capital | Maintains | Outperform → Outperform | — | $22.35 | $22.68 | +1.5% | -0.4% | -0.6% | +0.6% | +1.0% | -1.7% |
| Nov 29 | William Blair | Upgrade | Market Perform → Outperform | — | $22.74 | $26.50 | +16.5% | +4.0% | -1.7% | +0.9% | +0.4% | -1.8% |
| Oct 24 | BMO Capital | Maintains | Outperform → Outperform | — | $21.40 | $21.60 | +0.9% | +2.5% | -3.0% | +2.3% | -0.2% | -1.9% |
| Oct 5 | BMO Capital | Maintains | Outperform → Outperform | — | $20.70 | $21.52 | +4.0% | +0.3% | +0.3% | +0.5% | -0.6% | -0.8% |
| Aug 3 | BMO Capital | Maintains | Outperform → Outperform | — | $17.28 | $17.28 | +0.0% | +0.8% | +0.9% | -0.9% | -0.1% | +0.3% |
| Jul 11 | Wolfe Research | Maintains | Peer Perform → Perform | — | $18.71 | $18.89 | +1.0% | -0.5% | +1.0% | -2.1% | -0.1% | +0.1% |
| Mar 27 | BMO Capital | Upgrade | Market Perform → Outperform | — | $19.35 | $21.11 | +9.1% | +6.5% | +1.0% | -0.3% | +0.1% | +0.4% |
| Oct 6 | Jefferies | Maintains | Buy → Buy | — | $20.37 | $20.25 | -0.6% | -3.4% | -2.0% | +2.5% | -1.3% | +0.6% |
| Aug 4 | SunTrust Robinson Humphrey | Maintains | Neutral → Neutral | — | $18.58 | $18.49 | -0.5% | -0.2% | +3.3% | +0.7% | -1.2% | -2.0% |
| Apr 5 | BMO Capital | Maintains | Market Perform → Perform | — | $17.28 | $17.02 | -1.5% | -1.6% | +0.8% | -0.5% | +1.9% | +2.1% |
| Feb 4 | Jefferies | Maintains | Buy → Buy | — | $15.24 | $15.44 | +1.3% | +4.0% | +0.2% | +2.6% | +0.1% | -1.2% |
| Nov 3 | SunTrust Robinson Humphrey | Maintains | Neutral → Neutral | — | $20.12 | $20.12 | +0.0% | +0.1% | -6.1% | -1.7% | -2.5% | -0.7% |
| Oct 30 | William Blair | Downgrade | Outperform → Market Perform | — | $22.15 | $21.25 | -4.1% | -9.2% | +0.0% | +0.1% | -6.1% | -1.7% |
| Sep 18 | Jefferies | Maintains | Buy → Buy | — | $21.89 | $21.70 | -0.9% | -0.9% | +0.6% | -0.6% | -0.2% | -1.6% |
| May 28 | BMO Capital | Maintains | Outperform → Outperform | — | $22.49 | $22.35 | -0.6% | -0.2% | +1.2% | +1.0% | +1.8% | +3.7% |
| Jan 22 | Evercore ISI | Downgrade | Buy → Hold | — | $21.64 | $21.53 | -0.5% | +0.4% | -1.5% | +0.2% | -0.7% | -3.6% |
| Jan 12 | Jefferies | Maintains | Buy → Buy | — | $21.99 | $21.69 | -1.4% | -3.0% | +1.3% | +0.5% | +0.4% | +1.6% |
| Dec 10 | Jefferies | Maintains | Buy → Buy | — | $23.80 | $23.60 | -0.8% | -4.1% | -1.6% | -2.2% | -1.3% | -0.4% |
| Oct 16 | ISI Group | Maintains | Buy → Buy | — | $22.52 | $22.18 | -1.5% | -0.1% | -0.5% | +0.4% | +2.3% | -2.6% |
| May 28 | Jefferies | Maintains | Buy → Buy | — | $23.72 | $23.43 | -1.2% | -1.7% | +1.8% | -0.7% | +0.0% | +0.3% |
| May 19 | KeyBanc | Downgrade | Buy → Hold | — | $23.30 | $22.80 | -2.1% | -1.7% | -1.0% | +0.8% | +1.1% | +1.5% |
| May 19 | KeyBanc Capital Markets | Downgrade | Buy → Hold | — | $23.30 | $22.80 | -2.1% | -1.7% | -1.0% | +0.8% | +1.1% | +1.5% |
| Jul 23 | Sidoti & Co. | Downgrade | Buy → Neutral | — | $22.13 | $21.45 | -3.1% | -4.1% | -1.0% | +0.0% | -1.1% | -1.9% |
| Jun 6 | Jefferies | Maintains | Buy → Buy | — | $19.71 | $19.48 | -1.2% | -0.1% | +5.5% | +1.8% | -2.6% | -1.1% |
| Jun 6 | BMO Capital | Maintains | Outperform → Outperform | — | $19.71 | $19.48 | -1.2% | -0.1% | +5.5% | +1.8% | -2.6% | -1.1% |
| Apr 22 | Sidoti & Co. | Upgrade | Neutral → Buy | — | $18.58 | $18.83 | +1.3% | -0.8% | +4.5% | +3.5% | +0.1% | -1.3% |
| Feb 11 | Barclays | Maintains | Overweight → Overweight | — | $22.01 | $21.84 | -0.8% | +0.7% | -0.1% | +0.6% | -0.6% | -0.3% |
| Feb 8 | Jefferies | Maintains | Buy → Buy | — | $22.04 | $21.63 | -1.9% | -0.1% | +0.7% | -0.1% | +0.6% | -0.6% |
| Feb 8 | BMO Capital | Maintains | Outperform → Outperform | — | $22.04 | $21.63 | -1.9% | -0.1% | +0.7% | -0.1% | +0.6% | -0.6% |
| Feb 5 | Jefferies | Maintains | Buy → Buy | — | $24.18 | $24.41 | +1.0% | -2.5% | -0.3% | -6.2% | -0.1% | +0.7% |
| Nov 9 | Jefferies | Maintains | Buy → Buy | — | $22.90 | $22.60 | -1.3% | +1.5% | +4.6% | -1.3% | -1.3% | -2.8% |
| Nov 9 | Barclays | Maintains | Overweight → Overweight | — | $22.90 | $22.60 | -1.3% | +1.5% | +4.6% | -1.3% | -1.3% | -2.8% |
| Aug 9 | Kansas City Capital | Maintains | Market Perform → Perform | — | $22.81 | $22.92 | +0.5% | -0.9% | -0.3% | -0.1% | -0.1% | +0.7% |
| Aug 9 | Jefferies | Maintains | Buy → Buy | — | $22.81 | $22.92 | +0.5% | -0.9% | -0.3% | -0.1% | -0.1% | +0.7% |
| Aug 8 | Barclays | Maintains | Overweight → Overweight | — | $22.67 | $22.90 | +1.0% | +0.6% | -0.9% | -0.3% | -0.1% | -0.1% |
| Aug 8 | Jefferies | Maintains | Buy → Buy | — | $22.67 | $22.90 | +1.0% | +0.6% | -0.9% | -0.3% | -0.1% | -0.1% |
| Jun 11 | Jefferies | Maintains | Buy → Buy | — | $21.12 | $20.91 | -1.0% | -1.0% | +1.6% | -0.6% | +0.7% | +1.8% |
| Jun 4 | BMO Capital | Maintains | Outperform → Outperform | — | $20.90 | $21.01 | +0.5% | -0.1% | -0.7% | +1.4% | -0.5% | +1.1% |
| Jun 4 | Barclays | Maintains | Overweight → Overweight | — | $20.90 | $21.01 | +0.5% | -0.1% | -0.7% | +1.4% | -0.5% | +1.1% |
No insider trades available.
8-K · 7.01
! Medium
CECO Environmental Corp. -- 8-K 7.01: Regulation FD Disclosure
Jun 9
8-K · 2.01
!!! Very High
Thermon Group Holdings, Inc. -- 8-K 2.01: Acquisition Completed
Jun 1
8-K · 2.03
! Medium
CECO Environmental Corp. -- 8-K 2.03: Credit Facility
Jun 1
8-K · 2.02
!! High
Thermon Group Holdings, Inc. -- 8-K 2.02: Earnings Results
May 19
8-K
Ceco Environmental Corp -- 8-K Filing
CECO Environmental's first quarter 2026 delivered 97% order growth and $1B+ backlog, prompting the company to raise full-year 2026 guidance on strength in natural gas power equipment demand.
Apr 28
S-4
!!! Very High
Ceco Environmental Corp -- Merger Registration
CECO Environmental will merge with Longhorn Merger Sub in an all-cash transaction valued at $334 million, providing shareholders with liquidity.
Apr 21
8-K · 7.01
! Medium
THERMON GROUP HOLDINGS, INC. -- 8-K 7.01: Regulation FD Disclosure
Thermon Group Holdings announced new liquid load bank solutions for data centers, signaling expansion into the growing cooling infrastructure market that supports AI and cloud computing demand.
Apr 20
S-4
!!! Very High
Unknown — Merger Registration
CECO shareholders are receiving $334 per share in cash, representing a definitive merger agreement that provides immediate liquidity and eliminates downside risk from business operations.
Apr 8
8-K · 1.01
!! High
Unknown — 8-K 1.01: Material Agreement
I cannot provide a meaningful analysis because the filing summary is incomplete and lacks specific details about the material agreement's terms, parties involved, or financial impact.
Apr 2
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
I cannot provide meaningful analysis of this filing because the summary provided is incomplete technical metadata about XBRL formatting rather than actual company disclosure content or business information relevant to THR's stock valuation.
Mar 23
8-K · 1.01
!!! Very High
THERMON GROUP HOLDINGS, INC. -- 8-K 1.01: Merger Agreement
Thermon Group Holdings (THR) agreed to merge with CECO Environmental, creating a combined entity that enhances industrial thermal solutions and environmental services capabilities.
Feb 24
8-K · 1.01
!!! Very High
Ceco Environmental Corp -- 8-K 1.01: Merger Agreement
Ceco Environmental agreed to merge with Thermon, combining two industrial services companies and potentially creating synergies through combined thermal solutions and environmental expertise.
Feb 24
8-K
Ceco Environmental Corp -- 8-K Filing
CECO Environmental will merge with Thermon Group Holdings in a strategic combination expected to enhance profitability, following strong 2025 results with over $1 billion in orders and 35% Q4 gross margins.
Feb 24
8-K · 7.01
! Medium
THERMON GROUP HOLDINGS, INC. -- 8-K 7.01: Regulation FD Disclosure
Thermon Group Holdings updated its Q3 fiscal 2026 earnings presentation on its investor relations website, providing investors with the latest financial performance and guidance information.
Feb 5
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Fmr Llc | 2,970,723 | $150M | Added | Mar 2026 |
| 2 | Morgan Stanley | 2,351,536 | $87M | Added | Dec 2025 |
| 3 | Vanguard Portfolio Management Llc | 1,404,091 | $71M | New | Mar 2026 |
| 4 | Vanguard Capital Management Llc | 1,387,057 | $70M | New | Mar 2026 |
| 5 | Medina Value Partners, Llc | 1,043,526 | $39M | Added | Dec 2025 |
| 6 | Magnetar Financial Llc | 757,996 | $38M | New | Mar 2026 |
| 7 | Westwood Holdings Group Inc | 976,821 | $36M | Reduced | Dec 2025 |
| 8 | Arrowstreet Capital, Limited Partnership | 679,685 | $34M | Added | Mar 2026 |
| 9 | William Blair Investment Management, Llc | 647,539 | $33M | Reduced | Mar 2026 |
| 10 | Needham Investment Management Llc | 632,500 | $32M | Added | Mar 2026 |
| 11 | First Eagle Investment Management, Llc | 610,746 | $31M | Reduced | Mar 2026 |
| 12 | Qube Research & Technologies Ltd | 508,956 | $26M | Added | Mar 2026 |
| 13 | Swedbank Ab | 470,000 | $24M | Reduced | Mar 2026 |
| 14 | New South Capital Management Inc | 458,387 | $23M | Reduced | Mar 2026 |
| 15 | Soros Fund Management Llc | 448,088 | $23M | New | Mar 2026 |
| 16 | Nuveen, Llc | 428,179 | $22M | Added | Mar 2026 |
| 17 | Two Sigma Investments, Lp | 356,278 | $18M | Added | Mar 2026 |
| 18 | Assenagon Asset Management S.a. | 345,731 | $17M | Added | Mar 2026 |
| 19 | Ubs Group Ag | 336,551 | $17M | Added | Mar 2026 |
| 20 | Northern Trust Corp | 313,446 | $16M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$2.01B
Enterprise Value
$2.16B
P/E (TTM)
46.72x
Forward P/E
27.05x
PEG Ratio
4.47x
P/B
4.16x
P/S
3.88x
P/FCF
39.39x
EV/EBITDA
22.85x
Shares Out
34.1M
Financials (TTM)
Revenue
$536.3M
Net Income
$44.6M
EBITDA
$94.7M
Free Cash Flow
$52.9M
Op Cash Flow
$63.1M
EPS Basic
$1.59
EPS Diluted
$1.34
EPS Forward
$2.26
Gross Margin
45.3%
Op Margin
13.2%
Net Margin
8.3%
Balance Sheet
Total Assets
$755.5M
Total Liab.
$260.1M
Total Equity
$495.3M
Cash
$39.5M
LT Debt
$120.4M
Book Value/Sh
$14.69
Debt/Equity
0.31x
Current Ratio
2.43
Quick Ratio
1.64
Returns & Growth
ROE
9.9%
ROA
6.5%
ROIC
9.2%
Rev Growth YoY
+0.7%
EPS Growth YoY
+3.9%
Price Returns
2W
-10.9%
1M
+1.1%
3M
+20.4%
6M
+74.2%
12M
+135.8%
Technicals
52W High
$71.87
52W Low
$23.86
50d MA
$58.54
200d MA
$42.15
RSI (14)
42.20
ATR (14)
$3.21
Beta
0.72
Avg Volume
741K
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$57.00
High
$60.00
Low
$54.00
Median
$57.00
Data updated apr 27, 2026 4:43am
· Source: financialmodelingprep.com