Gentherm Inc (NASDAQ:THRM) Given Consensus Rating of “Hold” by Analysts

Shares of Gentherm Inc (NASDAQ:THRM) have been given an average rating of “Hold” by the seven analysts that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $37.40.

A number of equities research analysts have recently issued reports on THRM shares. JPMorgan Chase & Co. upped their price objective on shares of Gentherm from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Stifel Nicolaus upped their price objective on shares of Gentherm from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Loop Capital set a $38.00 price objective on shares of Gentherm in a research note on Wednesday, February 25th. Robert W. Baird upped their price objective on shares of Gentherm from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Roth Mkm cut their price objective on shares of Gentherm from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Monday, March 23rd.

Gentherm Price Performance

Shares of Gentherm stock opened at $35.39 on Thursday. Gentherm has a 52-week low of $27.00 and a 52-week high of $39.48. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 47.19 and a beta of 1.38. The company has a fifty day moving average of $32.73 and a 200-day moving average of $33.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.36 and a current ratio of 1.97.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.31. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The company had revenue of $393.71 million during the quarter, compared to analysts’ expectations of $363.82 million. During the same quarter in the prior year, the company earned $0.51 EPS. The firm’s revenue was up 11.2% on a year-over-year basis. Equities research analysts expect that Gentherm will post 2.74 EPS for the current year.

Institutional Investors Weigh In On Gentherm

Several institutional investors have recently added to or reduced their stakes in THRM. Arrowstreet Capital Limited Partnership boosted its position in Gentherm by 385.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 543,200 shares of the auto parts company’s stock valued at $18,501,000 after buying an additional 431,271 shares during the period. Harvey Partners LLC boosted its position in Gentherm by 72.6% during the 3rd quarter. Harvey Partners LLC now owns 1,024,500 shares of the auto parts company’s stock valued at $34,894,000 after buying an additional 431,072 shares during the period. Royce & Associates LP purchased a new stake in Gentherm during the 4th quarter valued at $12,080,000. Segall Bryant & Hamill LLC boosted its position in Gentherm by 46.7% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 997,125 shares of the auto parts company’s stock valued at $33,962,000 after buying an additional 317,246 shares during the period. Finally, Bastion Asset Management Inc. purchased a new stake in Gentherm during the 1st quarter valued at $6,213,000. Hedge funds and other institutional investors own 97.13% of the company’s stock.

About Gentherm

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.