Thermon Group (NYSE:THR – Get Free Report) posted its earnings results on Thursday. The technology company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02, Zacks reports. Thermon Group had a net margin of 8.89% and a return on equity of 12.08%. Thermon Group updated its FY 2025 guidance to 1.770-1.890 EPS.
Thermon Group Stock Performance
NYSE:THR traded down $0.41 during trading hours on Thursday, reaching $26.54. The company had a trading volume of 312,035 shares, compared to its average volume of 139,385. The company has a current ratio of 2.80, a quick ratio of 1.85 and a debt-to-equity ratio of 0.29. Thermon Group has a 52 week low of $25.50 and a 52 week high of $35.93. The firm has a market cap of $894.27 million, a price-to-earnings ratio of 20.74 and a beta of 1.10. The firm’s 50 day moving average price is $29.58 and its 200-day moving average price is $29.51.
Insiders Place Their Bets
In other news, SVP David Buntin sold 28,137 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $32.15, for a total transaction of $904,604.55. Following the completion of the sale, the senior vice president now owns 57,773 shares of the company’s stock, valued at $1,857,401.95. The trade was a 32.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.40% of the stock is currently owned by insiders.
Thermon Group Company Profile
Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.
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