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 $31.83, up 0.76% from the previous day, and has increased 52.52% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.19 percentage points. Thermon Group Holdings stock is currently +54.82% from its 52-week low of $20.56, and -6.57% from its 52-week high of $34.07.
As of Apr 26, 2024, there are 33.71M shares of THR outstanding. The market value of THR is $1.07B. In the past 24 hours, 194,642 THR shares were traded.
How to Buy Thermon Group Holdings Stock
Wondering how to invest in Thermon Group Holdings stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
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.
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 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 21.65x, relative to Specialty Industrial Machinery industry P/E ratio of 33.07x
- THR may be undervalued based on its P/B ratio of 2.3x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
You can do more valuation analysis on THR's stock here.
THR Financial Health
Passed Financial Due Diligence Checks:
- THR's operating cash flow of $54.70M allows it to safely service it's debt of $229.20M.
- THR profit margin has gone up from 8.2% to 10.1% in the past year.
- There are more short-term assets than long-term liabilities on the THR balance sheet.
- Total THR debt is lower than 5 years ago, relative to shareholder equity.
- THR earnings of $73.66M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the THR balance sheet.
Failed Financial Due Diligence Checks:
- THR has a relatively high debt to equity ratio of 0.72.
Is it a good time to buy THR stock, according to analysts?
Out of 1 sell side analysts who give recommendations on THR, the consensus analyst rating on THR is a Strong Buy
It's important to note 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 Momentum
Is THR Growing Revenue?
Last year, THR earnings were $49.21M. Over the past five year, THR's earnings have grown by 16.67% per year. This was faster than the Specialty Industrial Machinery industry average of -0.27%.
Last year, THR revenue was $489.46M. During the past 5 year, THR's revenue has increased by 4.07% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.
Dive into THR's earnings and revenue performance here.
Latest Insiders Trades at THR
Over the past 12 months, executives and large shareholders at THR have sold more shares than they have bought.
John U. Clarke, Director of THR, was the latest THR insider to buy. They bought $23,739.36 worth of THR shares on Apr 1, 2024.
Dig into more about who owns THR shares here.
Does THR stock generate passive income?
No, Thermon Group Holdings doesn't provide an income stream by paying out dividends.
THR Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your THR trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you need more assistance buying stocks on eToro, watch the how to video below:
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 new investment.
Make a watchlist to get notified of the latest news about your THR stock.
THR Feed
How to Buy Stock in Thermon Group Holdings
To reiterate, here are the 6 steps to buy stock in Thermon Group Holdings:
- Decide where to buy Thermon Group Holdings stock
- Create your brokerage account
- Fund your investment account
- Analyze Thermon Group Holdings stock
- Execute your THR trade
- Get the latest scoop on your investment in THR
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep track of your investment in Thermon Group Holdings, add THR to your watchlist by clicking the button below.
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