WallStreetZenWallStreetZen

NYSE: THR
Thermon Group Holdings Inc Stock Forecast, Predictions & Price Target

Analyst price target for THR

Based on 1 analyst offering 12 month price targets for Thermon Group Holdings Inc.
Min Forecast
$36.00+15.98%
Avg Forecast
$36.00+15.98%
Max Forecast
$36.00+15.98%

Should I buy or sell THR stock?

Based on 1 analyst offering ratings for Thermon Group Holdings Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their THR stock forecasts and price targets.

THR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-06

1 of 1

Forecast return on equity

Is THR forecast to generate an efficient return?
Company
N/A
Industry
5.68%
Market
19.57%

Forecast return on assets

Is THR forecast to generate an efficient return on assets?
Company
N/A
Industry
1.37%

THR revenue forecast

What is THR's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$557.3M+13.87%
Avg 2 year Forecast
$600.1M+22.6%
THR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

THR earnings growth forecast

How is THR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
-21.32%
Industry
22.28%
Market
28.77%
THR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
THR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
THR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

THR revenue growth forecast

How is THR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
10.73%
Industry
2.34%
Market
9.23%
THR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
THR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

THR vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
THR$31.04$36.00+15.98%Strong Buy
GRC$36.46N/AN/A
SMR$5.50$7.50+36.36%Hold
XMTR$16.89$25.50+50.98%Buy
KRNT$16.00$24.67+54.17%Strong Buy

Thermon Group Holdings Stock Forecast FAQ

Is Thermon Group Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: THR) stock is to Strong Buy THR stock.

Out of 1 analyst, 1 (100%) are recommending THR as a Strong Buy, 0 (0%) are recommending THR as a Buy, 0 (0%) are recommending THR as a Hold, 0 (0%) are recommending THR as a Sell, and 0 (0%) are recommending THR as a Strong Sell.

If you're new to stock investing, here's how to buy Thermon Group Holdings stock.

What is THR's revenue growth forecast for 2025-2026?

(NYSE: THR) Thermon Group Holdings's forecast annual revenue growth rate of 10.73% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 2.34%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Thermon Group Holdings's revenue in 2024 is $489,456,000.On average, 2 Wall Street analysts forecast THR's revenue for 2025 to be $18,790,065,241, with the lowest THR revenue forecast at $18,667,175,028, and the highest THR revenue forecast at $18,912,955,454.

In 2026, THR is forecast to generate $20,231,875,926 in revenue, with the lowest revenue forecast at $20,231,875,926 and the highest revenue forecast at $20,231,875,926.

What is THR's forecast return on assets (ROA) for 2025-2026?

(NYSE: THR) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 1.37%.

What is THR's Price Target?

According to 1 Wall Street analyst that have issued a 1 year THR price target, the average THR price target is $36.00, with the highest THR stock price forecast at $36.00 and the lowest THR stock price forecast at $36.00.

The Wall Street analyst predicted that Thermon Group Holdings's share price could reach $36.00 by Mar 6, 2025. The average Thermon Group Holdings stock price prediction forecasts a potential upside of 15.98% from the current THR share price of $31.04.

What is THR's forecast return on equity (ROE) for 2025-2026?

(NYSE: THR) forecast ROE is N/A, which is considered weak.
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.