Several other analysts have also recently commented on the company. Zacks Investment Research raised Thermon Group from a hold rating to a buy rating and set a $28.00 price target for the company in a report on Wednesday, April 3rd. TheStreet raised Thermon Group from a c+ rating to a b+ rating in a report on Monday, March 4th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of $28.33.
THR opened at $23.58 on Thursday. The company has a quick ratio of 2.38, a current ratio of 3.35 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $823.86 million, a PE ratio of 23.82 and a beta of 1.35. Thermon Group has a 12 month low of $18.37 and a 12 month high of $27.95.
Thermon Group Company Profile
Thermon Group Holdings, Inc provides thermal engineered industrial process heating solutions for process industries in the United States, Canada, Europe, and Asia. Its products include various electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines.
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