THR Stock Summary and Trading Ideas (Thermon Group Holdings | NYSE:THR)

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.

Thermon Group Holdings trades on the NYSE stock market under the symbol THR.

As of March 3, 2025, THR stock price declined to $29.25 with 85,636 million shares trading.

THR has a beta of 1.52, meaning it tends to be more sensitive to market movements. THR has a correlation of 0.27 to the broad based SPY ETF.

THR has a market cap of $985.29 million. This is considered a Small Cap stock.

Last quarter Thermon Group Holdings reported $134 million in Revenue and $.56 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.01.

In the last 3 years, THR traded as high as $35.93 and as low as $13.26.

The top ETF exchange traded funds that THR belongs to (by Net Assets): VTI, IWM, VB, VBR, VXF.

THR has underperformed the market in the last year with a return of +8.4%, while the SPY ETF gained +17.9%. In the last 3 month period, THR fell short of the market, returning -7.7%, while SPY returned -1.2%. However, in the most recent 2 weeks THR has outperformed the stock market by returning -1.9%, while SPY returned -3.3%.

THR support price is $28.64 and resistance is $30.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THR shares will trade within this expected range on the day.