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Gentherm (NASDAQ:THRM) hit a new 52-week high on Monday , American Banking & Market News reports. The stock traded as high as $44.49 and last traded at $44.11, with a volume of 423,013 shares. The stock had previously closed at $43.36.

Several analysts have recently commented on the stock. Analysts at Singular Research initiated coverage on shares of Gentherm in a research note on Monday, May 12th. They set a “buy” rating and a $50.00 price target on the stock. Separately, analysts at Argus raised their price target on shares of Gentherm from $37.00 to $46.00 in a research note on Monday, May 5th. They now have a “buy” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Gentherm in a research note on Friday, May 2nd. They set a “market perform” rating and a $40.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $41.88.

The stock has a 50-day moving average of $39.32 and a 200-day moving average of $30.73. The company has a market cap of $1.539 billion and a price-to-earnings ratio of 36.93.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.18. The company had revenue of $193.94 million for the quarter, compared to the consensus estimate of $173.20 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 30.9% on a year-over-year basis. On average, analysts predict that Gentherm will post $1.58 earnings per share for the current fiscal year.

In other Gentherm news, Director Oscar B. Marx III sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $41.17, for a total value of $411,700.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

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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