Several other brokerages have also recently weighed in on THRM. BidaskClub cut shares of Gentherm from a buy rating to a hold rating in a research note on Tuesday, December 5th. Longbow Research began coverage on shares of Gentherm in a research note on Friday, January 5th. They issued an underperform rating on the stock. Craig Hallum upgraded shares of Gentherm from a hold rating to a buy rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. reiterated an overweight rating and issued a $39.00 price objective (down previously from $40.00) on shares of Gentherm in a research note on Wednesday, February 21st. Finally, Zacks Investment Research cut shares of Gentherm from a hold rating to a sell rating in a research note on Thursday, December 28th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $39.56.
Gentherm (NASDAQ THRM) opened at $33.85 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.98 and a current ratio of 2.69. The company has a market capitalization of $1,227.88, a PE ratio of 35.26, a price-to-earnings-growth ratio of 0.59 and a beta of 1.82. Gentherm has a one year low of $29.50 and a one year high of $40.80.
Gentherm (NASDAQ:THRM) last posted its earnings results on Tuesday, February 20th. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.08. Gentherm had a net margin of 3.57% and a return on equity of 11.81%. The business had revenue of $257.19 million for the quarter, compared to analysts’ expectations of $253.48 million. During the same quarter in the prior year, the business earned $0.68 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. sell-side analysts expect that Gentherm will post 2.27 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. increased its holdings in Gentherm by 11.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,391,672 shares of the auto parts company’s stock worth $88,851,000 after acquiring an additional 247,857 shares in the last quarter. Van Berkom & Associates Inc. increased its holdings in Gentherm by 8.2% in the 3rd quarter. Van Berkom & Associates Inc. now owns 2,001,682 shares of the auto parts company’s stock worth $74,362,000 after acquiring an additional 151,444 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its holdings in Gentherm by 1.8% in the 4th quarter. Disciplined Growth Investors Inc. MN now owns 1,874,739 shares of the auto parts company’s stock worth $59,523,000 after acquiring an additional 32,428 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Gentherm by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,496,159 shares of the auto parts company’s stock worth $55,582,000 after acquiring an additional 25,861 shares in the last quarter. Finally, Trigran Investments Inc. increased its holdings in Gentherm by 35.2% in the 3rd quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock worth $27,558,000 after acquiring an additional 193,277 shares in the last quarter. 98.47% of the stock is owned by institutional investors.
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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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