Gentherm Inc (NASDAQ:THRM)‘s stock had its “buy” rating reaffirmed by equities research analysts at B. Riley in a research report issued to clients and investors on Thursday.
A number of other equities research analysts have also weighed in on the stock. FBR & Co reissued a “buy” rating on shares of Gentherm in a report on Thursday, September 14th. Zacks Investment Research raised shares of Gentherm from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Friday, July 7th. BMO Capital Markets boosted their target price on shares of Gentherm from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, July 14th. Roth Capital set a $33.00 price objective on shares of Gentherm and gave the company a “hold” rating in a research note on Friday, July 28th. Finally, BidaskClub lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $40.75.
Gentherm (THRM) traded down $0.35 on Thursday, reaching $33.30. 205,960 shares of the company’s stock were exchanged, compared to its average volume of 240,713. Gentherm has a 52-week low of $26.60 and a 52-week high of $40.80. The company has a quick ratio of 2.47, a current ratio of 3.23 and a debt-to-equity ratio of 0.26. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 1.04 and a beta of 1.94.
Gentherm (NASDAQ:THRM) last posted its earnings results on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.33). Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The business had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. During the same period in the previous year, the firm earned $0.61 earnings per share. The company’s revenue was up 1.4% compared to the same quarter last year. research analysts expect that Gentherm will post 1.63 EPS for the current fiscal year.
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Large investors have recently bought and sold shares of the company. Riverhead Capital Management LLC boosted its stake in shares of Gentherm by 70.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock valued at $106,000 after purchasing an additional 1,130 shares during the last quarter. First Bank & Trust boosted its stake in Gentherm by 4.3% during the second quarter. First Bank & Trust now owns 3,515 shares of the auto parts company’s stock worth $137,000 after acquiring an additional 144 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Gentherm by 12.7% during the second quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock worth $174,000 after acquiring an additional 504 shares in the last quarter. Forward Management LLC boosted its stake in Gentherm by 6.0% during the second quarter. Forward Management LLC now owns 5,409 shares of the auto parts company’s stock worth $210,000 after acquiring an additional 305 shares in the last quarter. Finally, CWA Asset Management Group LLC boosted its stake in Gentherm by 0.7% during the second quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock worth $225,000 after acquiring an additional 42 shares in the last quarter. 96.61% of the stock is currently owned by institutional investors.
Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.
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