Gentherm Inc (NASDAQ:THRM) Director Maurice Ep Gunderson sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $33.44, for a total value of $334,400.00. Following the transaction, the director now owns 26,557 shares of the company’s stock, valued at $888,066.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Gentherm Inc (NASDAQ:THRM) traded down $0.70 during midday trading on Thursday, reaching $33.35. The company had a trading volume of 150,900 shares, compared to its average volume of 215,985. Gentherm Inc has a fifty-two week low of $29.50 and a fifty-two week high of $40.80. The firm has a market capitalization of $1,248.97, a PE ratio of 19.13, a P/E/G ratio of 1.05 and a beta of 1.94. The company has a quick ratio of 2.47, a current ratio of 3.23 and a debt-to-equity ratio of 0.26.
Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing the Zacks’ 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 last year, the business posted $0.61 EPS. The company’s revenue was up 1.4% on a year-over-year basis. sell-side analysts predict that Gentherm Inc will post 1.62 earnings per share for the current year.
A number of institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in Gentherm by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,496,159 shares of the auto parts company’s stock valued at $55,582,000 after acquiring an additional 25,861 shares during the period. Trigran Investments Inc. grew its stake in Gentherm by 35.2% in the third quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock valued at $27,558,000 after acquiring an additional 193,277 shares during the period. Tiedemann Wealth Management LLC grew its stake in Gentherm by 16.2% in the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after acquiring an additional 4,378 shares during the period. Schwab Charles Investment Management Inc. grew its stake in Gentherm by 15.3% in the third quarter. Schwab Charles Investment Management Inc. now owns 209,307 shares of the auto parts company’s stock valued at $7,776,000 after acquiring an additional 27,845 shares during the period. Finally, Zeke Capital Advisors LLC acquired a new stake in Gentherm in the third quarter valued at approximately $228,000. 99.28% of the stock is owned by hedge funds and other institutional investors.
A number of equities analysts have recently issued reports on THRM shares. B. Riley restated a “buy” rating on shares of Gentherm in a research report on Thursday, November 2nd. FBR & Co restated a “buy” rating and set a $45.00 price objective on shares of Gentherm in a research report on Thursday, October 26th. TheStreet downgraded Gentherm from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, ValuEngine downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $40.75.
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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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