Stock Rating Upgrade
In the last week the Value Trend Rating for Thermon Group Holdings Inc (NYSE: THR) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 6/7/24, Thermon Group Holdings Inc (NYSE: THR) stock declined modestly by -1.1%, closing at $30.15. Trading volume in this decline was normal. The stock has declined -13.5% 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 C (Neutral). This VT Rating improved in recent days from D previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Thermon Group Holdings has a neutral Appreciation Score of 43 and a neutral Power Rating of 55, producing the Neutral Value Trend Rating.
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