Alert: New Earnings Report (5/29/24)-Thermon Group Holdings Inc (NYSE: THR).

out_logo_500#68142.jpg

For its fourth fiscal quarter (ending March 31), Thermon Group Holdings Inc (NYSE: THR) has reported E.P.S. of $0.30 compared to $0.23 a year ago. E.P.S. were $1.53 for the latest four quarters through March 31 versus $1.01 for the same period a year ago.

Recent Price Action

out_mm#68142.jpg
On 5/29/24, Thermon Group Holdings Inc (NYSE: THR) stock declined by -3.4%, closing at $33.69. Moreover, above average trading volume at 149% of normal accompanied the decline. The stock has declined -3.3% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

THR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Thermon Group Holdings has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Thermon Group Holdings has a neutral Power Rating of 49 but a poor Appreciation Score of 27, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*