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How to Buy Thermon Group Holdings Stock

Thermon Group Holdings Inc

Thermon Group Holdings is a specialty industrial machinery company located in Texas, United States, which is part of the Industrials sector, and is traded under the ticker THR on the NYSE exchange.

Thermon Group Holdings stock last closed at $33.38, down 1.97% from the previous day, and has increased 21.07% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.05 percentage points. Thermon Group Holdings stock is currently +40.49% from its 52-week low of $23.76, and -7.1% from its 52-week high of $35.93.

As of Jul 17, 2024, there are 33.77M shares of THR outstanding. The market value of THR is $1.13B. In the past 24 hours, 182,013 THR shares were traded.

How to Buy Thermon Group Holdings Stock

Wondering how to invest in Thermon Group Holdings stock? Here's how.
  1. Decide where to buy Thermon Group Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Thermon Group Holdings stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Choose your method of payment and add your info.
  4. Analyze Thermon Group Holdings stock: The Thermon Group Holdings ticker symbol is THR. Is Thermon Group Holdings stock a good investment? Should you buy shares of THR? How do THR's underlying business fundamentals look? Do top analysts think Thermon Group Holdings is a good buy? Why has THR's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if THR is a good stock to buy).
  5. Execute your THR trade: Decide if you will purchase THR shares at the current market price or use a limit order to purchase THR stock at a given price.
  6. Get the latest scoop on your investment in THR: Create a watchlist to key updates about your new investment in Thermon Group Holdings stock.

Step 1: Decide where to buy Thermon Group Holdings stock

You will need a brokerage account in order to access the NYSE market and buy THR shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in THR stock today.

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  1. Submit your information by hitting the "Create Account" button.
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Step 3: Fund your investment account

Now that you've created your account on our top ranked stock market app, your next step is to transfer the money for your investment:

Check out the video below for more details transferring funds into your new investment account.

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Step 4: Analyze Thermon Group Holdings stock

After you have selected the best place to buy Thermon Group Holdings stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk and opportunity.

Thermon Group Holdings quick stats

THR Price
$33.38
1w %
13.61%
1y %
21.07%
5y %
33.09%
P/E
21.82x
P/B
2.37x
P/S
2.27x
PEG
1.13x
Revenue
$494.63M
Earnings
$51.59M
Fore. Rev. Growth
8.21%
Fore. Earn. Growth
21.54%
Market Cap
$1.13B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

THR Due Diligence Checks

WallStreetZen was designed to help average investors do better fundamental analysis.

You can view all of the due diligence checks on THR's stock page.

How is THR stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge THR's intrinsic value.

Using relative valuations methods:

  • THR could be undervalued based on its P/E ratio of 21.82x, relative to Specialty Industrial Machinery industry P/E ratio of 25.12x
  • THR may be undervalued based on its P/B ratio of 2.37x, relative to Specialty Industrial Machinery industry P/B ratio of 5.2x
  • THR may be overvalued based on its PEG ratio of 1.13x

You can do additional valuation research on THR's stock here.

THR Financial Health Summary

Passed Financial Due Diligence Checks:

  • THR profit margin has gone up from 7.6% to 10.4% in the past year.
  • There are more short-term assets than short-term liabilities on the THR balance sheet.
  • There are more short-term assets than long-term liabilities on the THR balance sheet.
  • THR earnings of $76.52M is not sufficient to cover its interest payments.
  • THR's operating cash flow of $65.96M allows it to safely service it's debt of $187.49M.
  • Total THR debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • THR has a relatively high debt to equity ratio of 0.62.

Do analysts think it's a good time to buy THR stock

Out of 1 Equities analysts who track THR, the consensus analyst rating on Thermon Group Holdings is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Thermon Group Holdings stock forecast page.

THR Technicals

SMA10
30.76
SMA20
30.24
SMA50
31.89
SMA100
31.14
SMA200
30.41
MACD
0.29
MACD Signal
-0.26
MACD Histogram
0.56
RSI
64.97
Stochastic %K
89.64
Stochastic %D
82.97
StochRSI %K
94.24
StochRSI %D
98.08

THR Earnings

Last year, THR earnings were $51.59M. In the last 5 year, THR's earnings have increased by 16.93% per year. This was faster than the Specialty Industrial Machinery industry average of 0.49%.

Last year, THR revenue was $494.63M. Over the past five year, THR's revenue has gone up by 3.69% per year. This was slower than the Specialty Industrial Machinery industry average of 4.33%.

Dive into THR's earnings and revenue performance here.

Latest Insiders Trades at THR

In the past year, executives and large shareholders at THR have sold more shares than they have bought.

Kevin J. McGinty, Director of THR, was the latest THR insider to sell. They sold $164,200.00 worth of THR shares on Jun 3, 2024.

Get more info about who owns THR stock here.

Does THR provide a stable income stream?

No, Thermon Group Holdings doesn't provide an income stream by paying out dividends.

What others are saying about THR

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your THR trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, use a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get the latest scoop on your investment in THR

Now that you own some shares in THR, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to keep tabs on your THR stock.

THR Feed

How to Buy Stock in Thermon Group Holdings

To summarize, here are the 6 steps for buying Thermon Group Holdings stock:

  1. Decide where to buy Thermon Group Holdings stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Thermon Group Holdings stock
  5. Execute your THR trade
  6. Get the latest scoop on your investment in THR

If you are looking for a place to buy stocks, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Thermon Group Holdings, add THR to your watchlist by clicking the button below.

NYSE: THR
$33.38-0.67 (-1.97%)
Updated Jul 17, 2024
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NYSE: THR
$33.38-0.67 (-1.97%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Thermon Group Holdings share?

As of Jul 17, 2024, it costs $33.38 to buy one share of Thermon Group Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.3 shares of THR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Thermon Group Holdings stock?

According to 1 Wall Street analysts who monitor Thermon Group Holdings, their consensus recommendation is to buy Thermon Group Holdings stock.

What is the best way to buy Thermon Group Holdings stock?

One way to place an order for Thermon Group Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.