Is Thermon Group Stock a Good Investment?
Thermon Group Investment Advice | THR |
- Examine Thermon Group's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Thermon Group's leadership team and their track record. Good management can help Thermon Group navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Thermon Group's business and its evolving consumer preferences.
- Compare Thermon Group's performance and market position to its competitors. Analyze how Thermon Group is positioned in terms of product offerings, innovation, and market share.
- Check if Thermon Group pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Thermon Group's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Thermon Group Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Thermon Group Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Thermon Group Stock
Researching Thermon Group's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are owned by institutional investors. The book value of Thermon Group was at this time reported as 14.53. The company had not issued any dividends in recent years.
To determine if Thermon Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Thermon Group's research are outlined below:
| Thermon Group has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Thermon Group FY2026 EPS Estimate Decreased by William Blair |
Thermon Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Thermon Group Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Thermon Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Thermon Group's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Thermon Group's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-06-01 | 2012-03-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2022-05-26 | 2022-03-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2018-05-24 | 2018-03-31 | 0.19 | 0.22 | 0.03 | 15 | ||
2017-08-02 | 2017-06-30 | 0.04 | 0.01 | -0.03 | 75 | ||
2017-05-24 | 2017-03-31 | 0.13 | 0.1 | -0.03 | 23 | ||
2012-02-09 | 2011-12-31 | 0.2 | 0.23 | 0.03 | 15 | ||
2011-11-14 | 2011-09-30 | 0.16 | 0.19 | 0.03 | 18 | ||
2021-08-05 | 2021-06-30 | 0.03 | 0.07 | 0.04 | 133 |
Know Thermon Group's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Thermon Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thermon Group Holdings backward and forwards among themselves. Thermon Group's institutional investor refers to the entity that pools money to purchase Thermon Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 763.3 K | Newsouth Capital Management Inc | 2024-09-30 | 714.4 K | Needham Investment Management, Llc | 2024-09-30 | 650 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 642.8 K | Swedbank Ab | 2024-09-30 | 615 K | Ameriprise Financial Inc | 2024-06-30 | 505.8 K | Wells Fargo & Co | 2024-06-30 | 424.7 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 397.5 K | Goldman Sachs Group Inc | 2024-06-30 | 386.5 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 4.3 M | Vanguard Group Inc | 2024-09-30 | 3.4 M |
Thermon Group's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.08 B.Market Cap |
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Thermon Group's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.14 | 0.12 | |
| Return On Capital Employed | 0.11 | 0.12 | |
| Return On Assets | 0.07 | 0.06 | |
| Return On Equity | 0.11 | 0.17 |
Determining Thermon Group's profitability involves analyzing its financial statements and using various financial metrics to determine if Thermon Group is a good buy. For example, gross profit margin measures Thermon Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Thermon Group's profitability and make more informed investment decisions.
Thermon Group's Earnings Breakdown by Geography
Evaluate Thermon Group's management efficiency
Thermon Group Holdings has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0942 %, implying that it generated $0.0942 on every 100 dollars invested. Thermon Group's management efficiency ratios could be used to measure how well Thermon Group manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Thermon Group's Return On Capital Employed is relatively stable compared to the past year. As of 11/25/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.12. At this time, Thermon Group's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/25/2024, Other Assets is likely to grow to about 10 M, while Non Current Assets Total are likely to drop slightly above 350.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.10 | 7.18 | |
| Tangible Book Value Per Share | 2.29 | 2.40 | |
| Enterprise Value Over EBITDA | 12.88 | 11.34 | |
| Price Book Value Ratio | 2.33 | 4.08 | |
| Enterprise Value Multiple | 12.88 | 11.34 | |
| Price Fair Value | 2.33 | 4.08 | |
| Enterprise Value | 1.2 B | 700.6 M |
Examining the leadership quality of Thermon Group Holdings offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Beta 1.066 |
Basic technical analysis of Thermon Stock
As of the 25th of November, Thermon Group has the Coefficient Of Variation of 1706.17, semi deviation of 1.82, and Risk Adjusted Performance of 0.0515. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thermon Group Holdings, as well as the relationship between them. Please validate Thermon Group Holdings semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Thermon Group is priced more or less accurately, providing market reflects its prevalent price of 31.97 per share. Given that Thermon Group Holdings has jensen alpha of (0.14), we advise you to double-check Thermon Group Holdings's current market performance to make sure the company can sustain itself at a future point.Thermon Group's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Thermon Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Thermon Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Thermon Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Thermon Group's Outstanding Corporate Bonds
Thermon Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Thermon Group Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Thermon bonds can be classified according to their maturity, which is the date when Thermon Group Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Thermon Group's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Thermon Group's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0515 | |||
| Market Risk Adjusted Performance | 0.0666 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 1706.17 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.93 | |||
| Information Ratio | (0.0003) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.0566 | |||
| Maximum Drawdown | 11.24 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 3.76 | |||
| Semi Variance | 3.32 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 0.5219 | |||
| Kurtosis | 4.97 |
| Risk Adjusted Performance | 0.0515 | |||
| Market Risk Adjusted Performance | 0.0666 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 1706.17 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.93 | |||
| Information Ratio | (0.0003) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.0566 | |||
| Maximum Drawdown | 11.24 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 3.76 | |||
| Semi Variance | 3.32 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 0.5219 | |||
| Kurtosis | 4.97 |
Consider Thermon Group's intraday indicators
Thermon Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Thermon Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Thermon Group Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 8th of November 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Thermon Stock media impact
Far too much social signal, news, headlines, and media speculation about Thermon Group that are available to investors today. That information is available publicly through Thermon media outlets and privately through word of mouth or via Thermon internal channels. However, regardless of the origin, that massive amount of Thermon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Thermon Group news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Thermon Group relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Thermon Group's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Thermon Group alpha.
Thermon Group Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Thermon Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Thermon Group Corporate Directors
| Michael Press | Independent Director | Profile | |
| Kevin McGinty | Independent Director | Profile | |
| Marcus George | Independent Director | Profile | |
| Linda Dalgetty | Independent Director | Profile |
Additional Tools for Thermon Stock Analysis
When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.