Gentherm Inc (NASDAQ:THRM) – Analysts at B. Riley decreased their Q1 2018 earnings per share (EPS) estimates for Gentherm in a report issued on Wednesday. B. Riley analyst C. Horn now expects that the auto parts company will post earnings of $0.49 per share for the quarter, down from their previous estimate of $0.67. B. Riley has a “Buy” rating on the stock. B. Riley also issued estimates for Gentherm’s FY2018 earnings at $2.11 EPS, Q1 2019 earnings at $0.59 EPS, Q2 2019 earnings at $0.58 EPS and Q3 2019 earnings at $0.62 EPS.
Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Tuesday, February 20th. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.08. The business had revenue of $257.19 million for the quarter, compared to analyst estimates of $253.48 million. Gentherm had a return on equity of 11.81% and a net margin of 3.57%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the company earned $0.68 EPS.
Several other research analysts have also weighed in on THRM. Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. BidaskClub lowered Gentherm from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Argus reduced their target price on Gentherm to $40.00 and set a “buy” rating on the stock in a report on Friday, December 15th. Finally, Longbow Research initiated coverage on Gentherm in a report on Friday, January 5th. They set an “underperform” rating on the stock. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. Gentherm currently has a consensus rating of “Hold” and a consensus target price of $40.38.
Gentherm (NASDAQ:THRM) opened at $31.55 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.47 and a current ratio of 2.69. The firm has a market capitalization of $1,150.00, a PE ratio of 32.86, a price-to-earnings-growth ratio of 0.54 and a beta of 1.86. Gentherm has a twelve month low of $29.50 and a twelve month high of $40.80.
Several institutional investors and hedge funds have recently added to or reduced their stakes in THRM. Tiedemann Wealth Management LLC raised its stake in shares of 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 purchasing an additional 4,378 shares during the period. Zeke Capital Advisors LLC acquired a new stake in shares of Gentherm in the 3rd quarter valued at about $228,000. BancorpSouth Bank acquired a new stake in shares of Gentherm in the 4th quarter valued at about $228,000. Victory Capital Management Inc. raised its stake in shares of Gentherm by 37.4% in the 3rd quarter. Victory Capital Management Inc. now owns 6,156 shares of the auto parts company’s stock valued at $229,000 after purchasing an additional 1,677 shares during the period. Finally, Jefferies Group LLC acquired a new stake in shares of Gentherm in the 4th quarter valued at about $254,000. 99.97% of the stock is currently owned by hedge funds and other institutional investors.
In other Gentherm news, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm 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 sale, the director now owns 26,557 shares of the company’s stock, valued at approximately $888,066.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.30% of the company’s stock.
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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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