Wall Street analysts predict that Gentherm Inc (NASDAQ:THRM) will post sales of $250.95 million for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Gentherm’s earnings, with the lowest sales estimate coming in at $245.29 million and the highest estimate coming in at $257.50 million. Gentherm posted sales of $236.54 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 6.1%. The firm is scheduled to issue its next earnings results on Tuesday, February 20th.

On average, analysts expect that Gentherm will report full year sales of $250.95 million for the current year, with estimates ranging from $973.79 million to $986.00 million. For the next year, analysts forecast that the company will report sales of $1.06 billion per share, with estimates ranging from $1.01 billion to $1.11 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Gentherm.

Gentherm (NASDAQ:THRM) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.33). The company had revenue of $235.85 million for 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 business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.61 EPS.

A number of equities analysts have weighed in on the company. Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. FBR & Co restated a “buy” rating on shares of Gentherm in a research note on Thursday, September 14th. B. Riley restated a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. ValuEngine lowered Gentherm from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, TheStreet lowered Gentherm from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. Gentherm currently has an average rating of “Hold” and a consensus price target of $40.75.

In related news, VP Erin Erwine Ascher sold 2,000 shares of Gentherm stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $35.14, for a total value of $70,280.00. Following the sale, the vice president now directly owns 29,161 shares in the company, valued at approximately $1,024,717.54. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.30% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Riverhead Capital Management LLC boosted its holdings in shares of Gentherm by 70.6% during the 2nd 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 boosted its holdings in shares of Gentherm by 4.3% during the 2nd 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. boosted its holdings in shares of Gentherm by 12.7% during the 2nd quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock worth $174,000 after purchasing an additional 504 shares during the last quarter. Tiedemann Wealth Management LLC lifted its holdings in Gentherm by 16.2% in the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after acquiring an additional 4,378 shares during the last quarter. Finally, Forward Management LLC lifted its holdings in Gentherm by 6.0% in the second quarter. Forward Management LLC now owns 5,409 shares of the auto parts company’s stock valued at $210,000 after acquiring an additional 305 shares during the last quarter. Institutional investors and hedge funds own 99.30% of the company’s stock.

Gentherm (THRM) opened at $35.50 on Friday. The firm has a market capitalization of $1,320.50, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.11 and a beta of 1.94. Gentherm has a 52 week low of $29.50 and a 52 week high of $40.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23.

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About Gentherm

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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Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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