Thermon Group (NYSE:THR – Get Free Report) released its quarterly earnings data on Thursday. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate 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 $0.77 on Thursday, hitting $26.18. The company’s stock had a trading volume of 133,552 shares, compared to its average volume of 131,846. Thermon Group has a one year low of $25.50 and a one year high of $35.93. The firm has a market capitalization of $882.00 million, a P/E ratio of 20.53 and a beta of 1.10. The stock has a fifty day moving average of $29.58 and a two-hundred day moving average of $29.51. The company has a current ratio of 2.80, a quick ratio of 1.85 and a debt-to-equity ratio of 0.29.
Insider Transactions at Thermon Group
In related news, SVP David Buntin sold 28,137 shares of Thermon Group stock in a transaction dated 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 approximately $1,857,401.95. The trade was a 32.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.40% of the stock is currently owned by corporate insiders.
About Thermon Group
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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