Thermon Group Holdings Inc (NYSE: THR) has reported E.P.S. of $0.28 for its second fiscal quarter (ending September 30) versus $0.44 for the same period a year ago — a decline of -36%. For the latest four quarters through September 30, E.P.S. were $1.30 compared to $1.24 a year ago — an increase of 5%.
Recent Price Action
On 11/7/24, Thermon Group Holdings Inc (NYSE: THR) stock declined modestly by -1.4%, closing at $29.03. Moreover, exceptionally high trading volume at 236% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 9.1% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Thermon Group Holdings has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 31, triggering 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.
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