Other analysts also recently issued research reports about the company. TheStreet downgraded Gentherm from a b- rating to a c+ rating in a research note on Thursday, July 25th. Zacks Investment Research upgraded Gentherm from a sell rating to a hold rating in a research report on Thursday, August 15th. ValuEngine raised Gentherm from a hold rating to a buy rating in a report on Tuesday, July 2nd. Finally, Argus cut Gentherm from a buy rating to a hold rating in a report on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $43.67.
Shares of THRM opened at $42.71 on Tuesday. Gentherm has a 52 week low of $35.63 and a 52 week high of $50.30. The company has a quick ratio of 1.65, a current ratio of 2.34 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.53 and a beta of 1.30. The stock’s 50-day moving average price is $38.48 and its 200-day moving average price is $39.56.
Gentherm (NASDAQ:THRM) last issued its earnings results on Thursday, July 25th. The auto parts company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). Gentherm had a return on equity of 14.49% and a net margin of 2.31%. The company had revenue of $243.33 million during the quarter, compared to analysts’ expectations of $254.53 million. During the same quarter in the previous year, the company earned $0.58 EPS. The firm’s quarterly revenue was down 8.7% compared to the same quarter last year. As a group, equities analysts anticipate that Gentherm will post 2.1 EPS for the current fiscal year.
In other Gentherm news, VP Kenneth John Phillips sold 3,577 shares of Gentherm stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $42.38, for a total value of $151,593.26. Following the transaction, the vice president now owns 17,069 shares in the company, valued at $723,384.22. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.50% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the business. NumerixS Investment Technologies Inc increased its holdings in shares of Gentherm by 200.0% during the 1st quarter. NumerixS Investment Technologies Inc now owns 4,200 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 2,800 shares during the period. William Blair Investment Management LLC raised its holdings in Gentherm by 4.2% in the first quarter. William Blair Investment Management LLC now owns 338,867 shares of the auto parts company’s stock worth $12,491,000 after purchasing an additional 13,550 shares in the last quarter. New York State Common Retirement Fund raised its holdings in Gentherm by 44.3% in the first quarter. New York State Common Retirement Fund now owns 52,100 shares of the auto parts company’s stock worth $1,920,000 after purchasing an additional 16,000 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Gentherm by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,614,527 shares of the auto parts company’s stock valued at $64,548,000 after acquiring an additional 31,233 shares in the last quarter. Finally, Seizert Capital Partners LLC increased its holdings in shares of Gentherm by 68.7% during the second quarter. Seizert Capital Partners LLC now owns 52,651 shares of the auto parts company’s stock valued at $2,202,000 after acquiring an additional 21,435 shares in the last quarter.
Gentherm, Inc engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Industrial.. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.
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