News articles about Thermon Group (NYSE:THR) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Thermon Group earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 47.104801931452 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Several analysts recently issued reports on THR shares. Johnson Rice raised shares of Thermon Group from a “hold” rating to an “accumulate” rating and set a $29.00 price target on the stock in a report on Thursday, April 26th. Zacks Investment Research raised shares of Thermon Group from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a report on Wednesday, February 14th. ValuEngine raised shares of Thermon Group from a “hold” rating to a “buy” rating in a report on Thursday, April 12th. TheStreet lowered shares of Thermon Group from a “b-” rating to a “c” rating in a research note on Friday, February 9th. Finally, BMO Capital Markets boosted their target price on shares of Thermon Group to $31.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $26.20.
THR stock opened at $24.43 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.27 and a quick ratio of 3.04. Thermon Group has a 1-year low of $15.74 and a 1-year high of $26.50. The firm has a market cap of $783.69 million, a price-to-earnings ratio of 56.81 and a beta of 0.92.
About Thermon Group
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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