Gentherm Inc (NASDAQ:THRM) – Equities research analysts at Barrington Research issued their Q4 2017 earnings per share estimates for Gentherm in a report issued on Tuesday. Barrington Research analyst G. Prestopino forecasts that the auto parts company will earn $0.56 per share for the quarter. Barrington Research also issued estimates for Gentherm’s Q1 2018 earnings at $0.69 EPS, Q2 2018 earnings at $0.64 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.67 EPS and FY2018 earnings at $2.58 EPS.
THRM has been the subject of several other research reports. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a report on Wednesday, October 4th. B. Riley reaffirmed a “buy” rating on shares of Gentherm in a report on Thursday, November 2nd. Argus cut their target price on shares of Gentherm to $40.00 and set a “buy” rating on the stock in a report on Friday, December 15th. Zacks Investment Research raised shares of Gentherm from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, BidaskClub cut shares of Gentherm from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $40.57.
Shares of Gentherm (NASDAQ:THRM) opened at $32.25 on Thursday. The firm has a market cap of $1,170.00, a P/E ratio of 17.82, a PEG ratio of 0.51 and a beta of 1.95. The company has a current ratio of 3.23, a quick ratio of 2.47 and a debt-to-equity ratio of 0.26. Gentherm has a 12-month low of $29.50 and a 12-month high of $40.80.
Gentherm (NASDAQ:THRM) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.33). The company had revenue of $235.85 million for the quarter, compared to analysts’ expectations of $235.94 million. Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS.
Institutional investors and hedge funds have recently made changes to their positions in the business. Riverhead Capital Management LLC increased its stake in Gentherm by 70.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock valued at $106,000 after buying an additional 1,130 shares during the period. Victory Capital Management Inc. increased its stake in Gentherm by 12.7% in the 2nd quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock valued at $174,000 after buying an additional 504 shares during the period. Tiedemann Wealth Management LLC increased its stake in Gentherm by 16.2% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after buying an additional 4,378 shares during the period. CWA Asset Management Group LLC increased its stake in Gentherm by 0.7% in the 2nd quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock valued at $225,000 after buying an additional 42 shares during the period. Finally, Zeke Capital Advisors LLC acquired a new position in Gentherm in the 3rd quarter valued at $228,000. 99.26% of the stock is currently owned by institutional investors.
In other Gentherm news, VP Erin Erwine Ascher sold 2,000 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total value of $70,280.00. Following the transaction, the vice president now directly owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maurice Ep Gunderson sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total transaction of $334,400.00. Following the completion of the transaction, the director now directly owns 26,557 shares in the company, valued at $888,066.08. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.
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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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