Brokerages expect Gentherm Inc (NASDAQ:THRM) to report $0.61 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Gentherm’s earnings. The highest EPS estimate is $0.67 and the lowest is $0.56. Gentherm posted earnings of $0.69 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 11.6%. The firm is scheduled to issue its next earnings report before the market opens on Thursday, April 26th.
On average, analysts expect that Gentherm will report full-year earnings of $2.36 per share for the current financial year, with EPS estimates ranging from $2.18 to $2.55. For the next year, analysts expect that the business will post earnings of $2.69 per share, with EPS estimates ranging from $2.60 to $2.75. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Gentherm.
Gentherm (NASDAQ:THRM) last announced its quarterly earnings results on Tuesday, February 20th. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.08. Gentherm had a return on equity of 11.81% and a net margin of 3.57%. The company had revenue of $257.19 million during the quarter, compared to the consensus estimate of $253.48 million. During the same period in the prior year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year.
Several brokerages have issued reports on THRM. BidaskClub upgraded Gentherm from a “hold” rating to a “buy” rating in a report on Wednesday, April 4th. Susquehanna Bancshares set a $35.00 price target on Gentherm and gave the stock a “hold” rating in a report on Wednesday, March 14th. BMO Capital Markets set a $40.00 price target on Gentherm and gave the stock a “buy” rating in a report on Wednesday, February 28th. Barrington Research restated a “buy” rating and issued a $43.00 price target on shares of Gentherm in a report on Monday, February 26th. Finally, Zacks Investment Research downgraded Gentherm from a “hold” rating to a “sell” rating in a report on Saturday, February 24th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. Gentherm presently has a consensus rating of “Hold” and an average price target of $39.56.
Shares of Gentherm stock traded up $0.10 during trading hours on Friday, hitting $35.30. The company’s stock had a trading volume of 110,846 shares, compared to its average volume of 205,988. Gentherm has a 12 month low of $29.50 and a 12 month high of $40.80. The company has a market capitalization of $1,294.05, a P/E ratio of 15.28, a price-to-earnings-growth ratio of 0.60 and a beta of 1.71. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.69 and a quick ratio of 1.98.
Several hedge funds have recently bought and sold shares of the company. American International Group Inc. boosted its position in shares of Gentherm by 5.8% during the third quarter. American International Group Inc. now owns 29,043 shares of the auto parts company’s stock worth $1,079,000 after buying an additional 1,591 shares during the period. Swiss National Bank boosted its position in shares of Gentherm by 3.3% during the fourth quarter. Swiss National Bank now owns 62,000 shares of the auto parts company’s stock worth $1,969,000 after buying an additional 2,000 shares during the period. Guggenheim Capital LLC boosted its position in shares of Gentherm by 17.1% during the fourth quarter. Guggenheim Capital LLC now owns 14,240 shares of the auto parts company’s stock worth $451,000 after buying an additional 2,075 shares during the period. Thomson Horstmann & Bryant Inc. boosted its position in shares of Gentherm by 15.5% during the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 19,618 shares of the auto parts company’s stock worth $622,000 after buying an additional 2,628 shares during the period. Finally, Deutsche Bank AG boosted its position in shares of Gentherm by 1.3% during the fourth quarter. Deutsche Bank AG now owns 250,782 shares of the auto parts company’s stock worth $7,959,000 after buying an additional 3,190 shares during the period. 98.49% of the stock is 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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