Gentherm (THRM) Set to Announce Quarterly Earnings on Thursday

Gentherm (NASDAQ:THRM) is set to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

NASDAQ:THRM opened at $42.48 on Thursday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 18.39 and a beta of 1.34. Gentherm has a twelve month low of $30.35 and a twelve month high of $50.30. The company has a current ratio of 2.55, a quick ratio of 1.94 and a debt-to-equity ratio of 0.18.

Several analysts have weighed in on THRM shares. JPMorgan Chase & Co. downgraded shares of Gentherm from an “overweight” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Friday, October 19th. BidaskClub downgraded shares of Gentherm from a “hold” rating to a “sell” rating in a report on Friday, October 19th. Barrington Research set a $50.00 price objective on shares of Gentherm and gave the company a “buy” rating in a report on Monday, October 22nd. ValuEngine raised shares of Gentherm from a “hold” rating to a “buy” rating in a report on Saturday, October 27th. Finally, TheStreet downgraded shares of Gentherm from a “b” rating to a “c” rating in a report on Thursday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $43.33.

In other news, CFO Barry G. Steele sold 2,200 shares of the company’s stock in a transaction on Tuesday, December 18th. The shares were sold at an average price of $41.50, for a total value of $91,300.00. Following the sale, the chief financial officer now directly owns 58,848 shares of the company’s stock, valued at approximately $2,442,192. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Kenneth John Phillips sold 8,500 shares of the company’s stock in a transaction on Thursday, November 29th. The shares were sold at an average price of $45.93, for a total transaction of $390,405.00. Following the completion of the sale, the vice president now directly owns 31,698 shares in the company, valued at $1,455,889.14. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate insiders.

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Gentherm Company Profile

Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

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Earnings History for Gentherm (NASDAQ:THRM)

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