EPS for Thermon Group Holdings Inc (THR) Expected At $0.10

October 13, 2017 - By Maria Brooks

 EPS for Thermon Group Holdings Inc (THR) Expected At $0.10
Investors sentiment increased to 1.62 in Q2 2017. Its up 0.54, from 1.08 in 2017Q1. It is positive, as 5 investors sold Thermon Group Holdings Inc shares while 24 reduced holdings. 12 funds opened positions while 35 raised stakes. 33.39 million shares or 2.99% more from 32.42 million shares in 2017Q1 were reported.
24,167 are held by Citadel Advisors Ltd. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2,231 shares. Fenimore Asset Management Inc, a New York-based fund reported 537,915 shares. Pnc Gru Inc Inc, Pennsylvania-based fund reported 55 shares. Tiaa Cref Invest Management Limited Liability Co, New York-based fund reported 88,145 shares. Rhumbline Advisers invested 0% in Thermon Group Holdings Inc (NYSE:THR). Citigroup stated it has 0% of its portfolio in Thermon Group Holdings Inc (NYSE:THR). Td Asset Mgmt accumulated 40,300 shares. Ser Automobile Association holds 421,910 shares or 0.02% of its portfolio. 20,460 are owned by State Board Of Administration Of Florida Retirement. Century Cos holds 348,495 shares. Schwab Charles Mgmt reported 0% in Thermon Group Holdings Inc (NYSE:THR). First Trust Advsr L P reported 0% stake. Vulcan Value Prtnrs Ltd Company reported 1.40M shares. Morgan Stanley owns 0% invested in Thermon Group Holdings Inc (NYSE:THR) for 31,169 shares.

Investors wait Thermon Group Holdings Inc (NYSE:THR) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.10 earnings per share, $0.00 or 0.00 % from last year’s $0.1 same quarter earnings. This translates into $3.24M profit for THR giving the stock a 51.43 P/E. This is assuming the current $0.10 EPS is accurate. Thermon Group Holdings Inc’s Wall Street analysts see 900.00 % EPS growth, taking into account the $0.01 EPS reproted in the previous quarter, The stock decreased 0.53% or $0.11 during the last trading session, reaching $20.57. About 156,798 shares traded. Thermon Group Holdings Inc (NYSE:THR) has risen 11.69% since October 14, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.

Thermon Group Holdings Inc (NYSE:THR) Ratings Coverage

Among 6 analysts covering Thermon Group Holdings (NYSE:THR), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Thermon Group Holdings had 17 analyst reports since September 18, 2015 according to SRatingsIntel. BMO Capital Markets maintained Thermon Group Holdings Inc (NYSE:THR) rating on Thursday, August 3. BMO Capital Markets has “Outperform” rating and $21 target. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, March 27 report. SunTrust initiated the stock with “Neutral” rating in Tuesday, November 3 report. Jefferies maintained Thermon Group Holdings Inc (NYSE:THR) rating on Tuesday, September 26. Jefferies has “Buy” rating and $21.0 target. BMO Capital Markets maintained it with “Buy” rating and $2300 target in Tuesday, June 27 report. The stock has “Buy” rating by BMO Capital Markets on Wednesday, October 4. The firm has “Neutral” rating by SunTrust given on Thursday, August 4. The rating was initiated by Suntrust Robinson on Tuesday, November 3 with “Neutral”. On Thursday, October 6 the stock rating was maintained by Jefferies with “Buy”. The stock of Thermon Group Holdings Inc (NYSE:THR) earned “Market Perform” rating by BMO Capital Markets on Tuesday, April 5.

Thermon Group Holdings, Inc. is a provider of engineered thermal solutions for process industries. The company has market cap of $666.52 million. The Firm operates through four divisions based on four geographic countries or regions: United States, Canada, Europe and Asia. It has a 53.34 P/E ratio.

More notable recent Thermon Group Holdings Inc (NYSE:THR) news were published by: Globenewswire.com which released: “Thermon Announces Strategic Acquisition of CCI Thermal Technologies Inc. for …” on October 04, 2017, also Seekingalpha.com with their article: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Strategic Acquisition of CCI …” published on October 04, 2017, Seekingalpha.com published: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Q4 2017 Results – Earnings …” on May 24, 2017. More interesting news about Thermon Group Holdings Inc (NYSE:THR) were released by: Seekingalpha.com and their article: “Thermon Group Holdings’ (THR) CEO Bruce Thames on Q1 2018 Results – Earnings …” published on August 02, 2017 as well as Zacks.com‘s news article titled: “Thermon Group to Buy CCI Thermal, Expects Benefits in FY19” with publication date: October 05, 2017.

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