Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - Kansas City Capital has reiterated its Perform rating on Thermon Group Holdings (NYSE:THR) stock, citing first quarter results that fell below expectations. The stock has declined sharply, posting a -13.62% return over the past week, though InvestingPro data shows the company maintains a healthy financial position with a GOOD overall health score.
The research firm noted that tariff-related pressures could create headwinds for Thermon’s operating results throughout the remainder of fiscal 2026.
Kansas City Capital acknowledged that Thermon is "heading in the right direction" and capitalizing on opportunities from additional LNG build-out and electrification trends.
Despite these positive factors, the firm believes the company’s 2026 forecast of limited growth combined with tariff concerns will likely restrict upside potential for THR shares.
The analysts concluded that Thermon stock is currently fairly priced, supporting their decision to maintain the Perform rating.
In other recent news, Thermon Group Holdings Inc . reported its financial results for the first quarter of 2025, revealing mixed outcomes. The company’s earnings per share (EPS) were $0.36, slightly below the anticipated $0.3681. Additionally, Thermon Group’s revenue came in at $108.9 million, which did not meet the forecasted $122.85 million. These financial results have raised investor concerns due to the earnings miss and revenue decline. Despite these challenges, the company remains a focal point for analysts and investors. There were no recent reports of any mergers involving Thermon Group. Analyst opinions on the stock have not been updated following the earnings release. The company’s financial performance continues to be closely monitored by market participants.
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