Shares of Gentherm Inc (NASDAQ:THRM) have received an average rating of “Hold” from the thirteen research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $40.00.
Several research firms recently commented on THRM. BidaskClub lowered shares of Gentherm from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Longbow Research began coverage on shares of Gentherm in a report on Friday, January 5th. They issued an “underperform” rating on the stock. Craig Hallum upgraded shares of Gentherm from a “hold” rating to a “buy” rating in a report on Wednesday, February 21st. JPMorgan Chase & Co. restated an “overweight” rating and issued a $39.00 price target (down previously from $40.00) on shares of Gentherm in a report on Wednesday, February 21st. Finally, Zacks Investment Research lowered shares of Gentherm from a “hold” rating to a “sell” rating in a research note on Thursday, December 28th.
Institutional investors and hedge funds have recently bought and sold shares of the company. Tiedemann Wealth Management LLC raised its stake in shares of Gentherm by 16.2% during the third 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 purchased a new stake in shares of Gentherm during the third quarter valued at approximately $228,000. BancorpSouth Bank acquired a new stake in shares of Gentherm during the fourth quarter worth approximately $228,000. Victory Capital Management Inc. grew its position in shares of Gentherm by 37.4% during the third quarter. Victory Capital Management Inc. now owns 6,156 shares of the auto parts company’s stock worth $229,000 after buying an additional 1,677 shares in the last quarter. Finally, Jefferies Group LLC acquired a new stake in shares of Gentherm during the fourth quarter worth approximately $254,000. Institutional investors own 98.47% of the company’s stock.
Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Tuesday, February 20th. The auto parts company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.08. Gentherm had a net margin of 3.57% and a return on equity of 11.81%. The firm had revenue of $257.19 million for the quarter, compared to analyst estimates of $253.48 million. During the same quarter last year, the firm posted $0.68 earnings per share. Gentherm’s revenue for the quarter was up 8.7% compared to the same quarter last year. sell-side analysts anticipate that Gentherm will post 2.27 earnings per share for the current fiscal year.
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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