THR - Thermon Group: Cooling Down A Bit
2024-04-10 11:05:41 ET
Summary
- Thermon Group's Q3 results and full-year outlook were disappointing, triggering a selloff, but shares have since recovered.
- The company provides diversified heating industrial technologies and serves 10,000 customers in various submarkets.
- Thermon's valuation is reasonable, but there were weak spots in the quarterly results, making me a bit more cautious here.
In the first days of the year, I concluded that I was warming up to shares of Thermon Group Holdings, Inc. ( THR ) . The diversified industrial technology company has seen growth accelerate recently on the back of the energy transition....
Thermon Group: Cooling Down A Bit