Is Thermon Group Stock a Good Investment?
Thermon Group Investment Advice | THR |
- Examine Thermon Group's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Thermon Group's leadership team and their track record. Good management can help Thermon Group navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Thermon Group's business and its evolving consumer preferences.
- Compare Thermon Group's performance and market position to its competitors. Analyze how Thermon Group is positioned in terms of product offerings, innovation, and market share.
- Check if Thermon Group pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Thermon Group's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Thermon Group Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Thermon Group Holdings is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Thermon Group Stock
Researching Thermon Group's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thermon Group Holdings had not issued any dividends in recent years.
To determine if Thermon Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Thermon Group's research are outlined below:
| Thermon Group generated a negative expected return over the last 90 days | |
| Thermon Group has a strong financial position based on the latest SEC filings | |
| Over 96.0% of the company shares are owned by institutional investors |
Thermon Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Thermon Group Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Thermon Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Thermon Group's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 932.2 M.Thermon Group's profitablity analysis
The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.Determining Thermon Group's profitability involves analyzing its financial statements and using various financial metrics to determine if Thermon Group is a good buy. For example, gross profit margin measures Thermon Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Thermon Group's profitability and make more informed investment decisions.
Basic technical analysis of Thermon Stock
As of the 26th of October, Thermon Group has the Variance of 3.8, coefficient of variation of (729.36), and Risk Adjusted Performance of (0.10). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thermon Group Holdings, as well as the relationship between them. Please validate Thermon Group Holdings coefficient of variation and value at risk to decide if Thermon Group is priced more or less accurately, providing market reflects its prevalent price of 26.9 per share. Given that Thermon Group Holdings has information ratio of (0.18), we advise you to double-check Thermon Group Holdings's current market performance to make sure the company can sustain itself at a future point.Thermon Group's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Thermon Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Thermon Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Thermon Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Thermon Group's Outstanding Corporate Bonds
Thermon Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Thermon Group Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Thermon bonds can be classified according to their maturity, which is the date when Thermon Group Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Thermon Group's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Thermon Group's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.4 | |||
| Coefficient Of Variation | (729.36) | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.55 | |||
| Skewness | (0.96) | |||
| Kurtosis | 2.46 |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.4 | |||
| Coefficient Of Variation | (729.36) | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.55 | |||
| Skewness | (0.96) | |||
| Kurtosis | 2.46 |
Consider Thermon Group's intraday indicators
Thermon Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Thermon Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Thermon Group time-series forecasting models is one of many Thermon Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thermon Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Thermon Stock media impact
Far too much social signal, news, headlines, and media speculation about Thermon Group that are available to investors today. That information is available publicly through Thermon media outlets and privately through word of mouth or via Thermon internal channels. However, regardless of the origin, that massive amount of Thermon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Thermon Group news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Thermon Group relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Thermon Group's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Thermon Group alpha.
Thermon Group Corporate Directors
| Michael Press | Independent Director | Profile | |
| Kevin McGinty | Independent Director | Profile | |
| Marcus George | Independent Director | Profile | |
| Linda Dalgetty | Independent Director | Profile |
Additional Tools for Thermon Stock Analysis
When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.