Gentherm Inc (NASDAQ:THRM) – Stock analysts at Barrington Research issued their Q4 2017 earnings per share estimates for Gentherm in a research report issued to clients and investors on Tuesday. Barrington Research analyst G. Prestopino anticipates that the auto parts company will post earnings per share of $0.56 for the quarter. Barrington Research also issued estimates for Gentherm’s Q1 2018 earnings at $0.69 EPS, Q2 2018 earnings at $0.64 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.67 EPS and FY2018 earnings at $2.58 EPS.
Several other research analysts also recently issued reports on THRM. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a research note on Wednesday, October 4th. Zacks Investment Research raised Gentherm from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. BidaskClub downgraded Gentherm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, Argus lowered their price objective on Gentherm to $40.00 and set a “buy” rating for the company in a research note on Friday, December 15th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $40.57.
Gentherm (NASDAQ:THRM) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.33). Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The firm had revenue of $235.85 million during the quarter, compared to analyst estimates of $235.94 million. During the same period in the prior year, the company earned $0.61 EPS. The business’s quarterly revenue was up 1.4% compared to the same quarter last year.
Hedge funds have recently made changes to their positions in the company. Riverhead Capital Management LLC grew its position in shares of Gentherm by 70.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock worth $106,000 after buying an additional 1,130 shares during the period. Victory Capital Management Inc. grew its position in shares of Gentherm by 12.7% during the 2nd quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock worth $174,000 after buying an additional 504 shares during the period. Tiedemann Wealth Management LLC grew its position in shares of Gentherm by 16.2% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock worth $192,000 after buying an additional 4,378 shares during the period. CWA Asset Management Group LLC grew its position in shares of Gentherm by 0.7% during the 2nd quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock worth $225,000 after buying an additional 42 shares during the period. Finally, Zeke Capital Advisors LLC acquired a new stake in shares of Gentherm during the 3rd quarter worth approximately $228,000. 99.26% of the stock is owned by institutional investors.
In other news, VP Erin Erwine Ascher sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total transaction of $70,280.00. Following the completion of the sale, the vice president now owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Maurice Ep Gunderson sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $33.44, for a total transaction of $334,400.00. Following the sale, the director now directly owns 26,557 shares of the company’s stock, valued at approximately $888,066.08. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.
Gentherm Company Profile
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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