THR Stock: Price, Forecast, Financials & AI Analysis

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High

49.330

Open

48.450

VWAP

48.82

Vol

228.66K

Mkt Cap

1.58B

Low

47.830

Amount

11.16M

EV/EBITDA(TTM)

15.54

Total Shares

32.87M

1.68B

EV/OCF(TTM)

24.61

P/S(TTM)

3.08

Thermon Group Holdings, Inc. provides critical industrial process heating solutions. The Company specializes in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. It offers a full suite of products (heating units, electrode and gas-fired boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tubing bundles), services (engineering, installation and maintenance services) and software (design optimization and wireless and network control systems) required to deliver comprehensive solutions to various complex projects. Its advanced industrial heating and filtration solutions include various categories, such as environmental heating (branded as Ruffneck, Norsemen, and Catadyne), process heating (branded as Caloritech), filtration (branded as 3L Filters), rail and transit (branded as Hellfire, Velocity, ArcticSense and others), and boilers, among others.

Events Timeline

(ET)

2026-03-02

07:20:00

Craig-Hallum Downgrades Thermon Group to Hold with $51 Price Target

2026-02-25 (ET)

2026-02-25

10:00:00

CJS Securities Downgrades Thermon Group to Market Perform

2026-02-25

07:50:00

Roth Capital Downgrades Thermon Group to Neutral with $51 Price Target

2026-02-24 (ET)

2026-02-24

06:40:00

Ceco Environmental and Thermon to Merge in $2.2B Deal

News

6.5

03-12Fool

Clifford Capital Partners Increases Stake in Thermon Group Holdings

6.5

03-12NASDAQ.COM

Clifford Capital Increases Stake in Thermon Group

8.5

03-10Globenewswire

Monteverde Law Firm Investigates Multiple Acquisition Cases

8.5

03-05Globenewswire

Investor Rights Law Firm Investigates Multiple Companies

8.5

03-05Globenewswire

Monteverde Law Firm Investigates Multiple Mergers and Acquisitions

6.5

03-05Fool

Meros Investment Management Sells Shares of Photronics

2 Analyst Rating

Wall Street analysts forecast THR stock price to rise

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

38.00

Averages

38.00

High

38.00

Current: 0.000

Low

38.00

Averages

38.00

High

38.00

Craig-Hallum

Buy

Hold

downgrade

$51

AI Analysis

2026-03-02

Reason

Craig-Hallum

Price Target

$51

AI Analysis

2026-03-02

downgrade

Buy

Hold

Reason

As previously reported, Craig-Hallum downgraded Thermon Group (THR) to Hold from Buy with a $51 price target following announced combination with Ceco Environmental (CECO) for $2.2B or 17-times EBITDA. The firm is looking for more color in imminent proxy filing but views deal as most likely path forward, and while it has seen a path to a larger stock, says acquisition is attractive for Thermon as it provides greater access to capital to take advantage of growth opportunities, as well as broader access to global markets and manufacturing, while also being nicely complementary to Ceco Environmental.

William Blair

Outperform

Market Perform

downgrade

2026-02-25

Reason

William Blair

Price Target

2026-02-25

downgrade

Outperform

Market Perform

Reason

William Blair downgraded Thermon Group (THR) to Market Perform from Outperform without a price target after the company entered into an agreement to combine with CECO Environmental (CECO). The firm believes the business combination makes sense.

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Valuation Metrics

The current forward P/E ratio for Thermon Group Holdings Inc (THR.N) is 18.36, compared to its 5-year average forward P/E of 15.73. For a more detailed relative valuation and DCF analysis to assess Thermon Group Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

15.73

Current PE

18.36

Overvalued PE

19.06

Undervalued PE

12.40

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

9.77

Current EV/EBITDA

11.69

Overvalued EV/EBITDA

11.20

Undervalued EV/EBITDA

8.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.75

Current PS

2.33

Overvalued PS

2.00

Undervalued PS

1.50

Financials

AI Analysis

Annual

Quarterly

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Frequently Asked Questions

What is Thermon Group Holdings Inc (THR) stock price today?

The current price of THR is 49.29 USD — it has increased 2.33

What is Thermon Group Holdings Inc (THR)'s business?

What is the price predicton of THR Stock?

Wall Street analysts forecast THR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for THR is38.00 USD with a low forecast of 38.00 USD and a high forecast of 38.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Thermon Group Holdings Inc (THR)'s revenue for the last quarter?

Thermon Group Holdings Inc revenue for the last quarter amounts to 147.31M USD, increased 9.64

What is Thermon Group Holdings Inc (THR)'s earnings per share (EPS) for the last quarter?

Thermon Group Holdings Inc. EPS for the last quarter amounts to 0.55 USD, increased 1.85

How many employees does Thermon Group Holdings Inc (THR). have?

Thermon Group Holdings Inc (THR) has 1568 emplpoyees as of March 17 2026.

What is Thermon Group Holdings Inc (THR) market cap?

Today THR has the market capitalization of 1.58B USD.

THR Overview

THR Overview

Events Timeline

News

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Related Community Screener

Whales Holding THR

Trading Trends

People Also Watch

Frequently Asked Questions

What is Thermon Group Holdings Inc (THR) stock price today?

What is Thermon Group Holdings Inc (THR)'s business?

What is the price predicton of THR Stock?

What is Thermon Group Holdings Inc (THR)'s revenue for the last quarter?

What is Thermon Group Holdings Inc (THR)'s earnings per share (EPS) for the last quarter?

How many employees does Thermon Group Holdings Inc (THR). have?

What is Thermon Group Holdings Inc (THR) market cap?