Gentherm PT Raised to $26.00 (THRM)
Research analysts at Roth Capital boosted their price objective on shares of Gentherm (NASDAQ:THRM) from $22.00 to $26.00 in a report released on Friday, AR Network reports. The firm currently has a “buy” rating on the stock. Roth Capital’s target price suggests a potential upside of 9.47% from the stock’s previous close.
A number of other analysts have also recently weighed in on THRM. Analysts at Zacks upgraded shares of Gentherm from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, October 17th. They now have a $20.40 price target on the stock.
Gentherm (NASDAQ:THRM) opened at 23.75 on Friday. Gentherm has a 1-year low of $10.95 and a 1-year high of $24.45. The stock has a 50-day moving average of $20.02 and a 200-day moving average of $18.42. The company has a market cap of $809.1 million and a P/E ratio of 42.07.
Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.21 by $0.04. The company had revenue of $171.20 million for the quarter, compared to the consensus estimate of $154.60 million. During the same quarter last year, the company posted $0.09 earnings per share. Gentherm’s revenue was up 21.3% compared to the same quarter last year. On average, analysts predict that Gentherm will post $0.83 earnings per share for the current fiscal year.
Gentherm Inc, formerly Amerigon Incorporated, doing business as Gentherm, is a global developer and marketer of thermal management technologies for a range of heating and cooling and temperature control applications.
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