Gentherm Inc (NASDAQ:THRM) – FBR & Co dropped their Q4 2017 earnings estimates for shares of Gentherm in a report released on Friday. FBR & Co analyst C. Horn now expects that the auto parts company will post earnings of $0.52 per share for the quarter, down from their previous estimate of $0.60. FBR & Co currently has a “Buy” rating and a $45.00 price target on the stock. FBR & Co also issued estimates for Gentherm’s FY2018 earnings at $2.61 EPS.

Several other analysts have also recently commented on the company. Zacks Investment Research cut Gentherm from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. ValuEngine cut Gentherm from a “buy” rating to a “hold” rating in a report on Friday, September 1st. TheStreet cut Gentherm from a “b-” rating to a “c+” rating in a report on Thursday, August 17th. BidaskClub cut Gentherm from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Finally, BMO Capital Markets reduced their price target on Gentherm from $46.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $40.75.

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Shares of Gentherm (THRM) opened at 33.05 on Monday. The stock has a 50 day moving average price of $35.53 and a 200-day moving average price of $35.91. The stock has a market capitalization of $1.22 billion, a PE ratio of 15.17 and a beta of 1.97. Gentherm has a 52-week low of $26.60 and a 52-week high of $40.80.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.33). The business had revenue of $235.85 million during the quarter, compared to analysts’ expectations of $235.94 million. Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 earnings per share.

A number of hedge funds have recently modified their holdings of THRM. Riverhead Capital Management LLC raised its holdings in Gentherm by 70.6% during the second quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock worth $106,000 after purchasing an additional 1,130 shares during the last quarter. First Bank & Trust raised its holdings in Gentherm by 4.3% during the second quarter. First Bank & Trust now owns 3,515 shares of the auto parts company’s stock worth $137,000 after purchasing an additional 144 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Gentherm by 17.8% during the first quarter. Victory Capital Management Inc. now owns 3,975 shares of the auto parts company’s stock worth $156,000 after purchasing an additional 602 shares during the last quarter. Forward Management LLC raised its holdings in Gentherm by 6.0% during the second quarter. Forward Management LLC now owns 5,409 shares of the auto parts company’s stock worth $210,000 after purchasing an additional 305 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its holdings in Gentherm by 0.7% during the second quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock worth $225,000 after purchasing an additional 42 shares during the last quarter. 96.61% of the stock is owned by hedge funds and other institutional investors.

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.

Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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