Gentherm (NASDAQ:THRM) Posts Quarterly Earnings Results, Misses Estimates By $0.39 EPS

Gentherm (NASDAQ:THRM) released its earnings results on Wednesday. The auto parts company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.39), Zacks reports. The business had revenue of $352.91 million for the quarter, compared to analysts’ expectations of $360.29 million. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.90 earnings per share. Gentherm updated its FY 2025 guidance to EPS.

Gentherm Price Performance

THRM stock traded down $2.73 during trading hours on Wednesday, hitting $33.42. 635,928 shares of the stock traded hands, compared to its average volume of 208,842. The stock has a 50-day simple moving average of $39.02 and a 200 day simple moving average of $43.19. Gentherm has a one year low of $30.25 and a one year high of $62.93. The company has a market cap of $1.04 billion, a P/E ratio of 15.49 and a beta of 1.42. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

THRM has been the topic of several research reports. StockNews.com raised Gentherm from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. JPMorgan Chase & Co. dropped their price target on Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Craig Hallum dropped their price target on Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Finally, Robert W. Baird dropped their price target on Gentherm from $54.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st.

Insider Activity at Gentherm

In related news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $42.00, for a total value of $105,000.00. Following the transaction, the senior vice president now owns 18,947 shares of the company’s stock, valued at approximately $795,774. This trade represents a 11.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Thomas Stocker sold 1,295 shares of Gentherm stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total value of $55,659.10. Following the completion of the transaction, the senior vice president now directly owns 13,413 shares in the company, valued at $576,490.74. This represents a 8.80 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.91% of the company’s stock.

About Gentherm

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.