Gentherm (NASDAQ:THRM) had its price target decreased by research analysts at Argus to $40.00 in a research note issued on Friday, The Fly reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. Argus’ price target would suggest a potential upside of 25.39% from the company’s previous close.

Other research analysts have also issued reports about the stock. TheStreet lowered shares of Gentherm from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th. BidaskClub lowered shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Zacks Investment Research raised shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a research note on Thursday, September 14th. Finally, B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. One 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. The company currently has a consensus rating of “Hold” and a consensus price target of $40.00.

Gentherm (THRM) opened at $31.90 on Friday. Gentherm has a 12 month low of $29.50 and a 12 month high of $40.80. The firm has a market cap of $1,186.61, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94. The company has a quick ratio of 2.47, a current ratio of 3.23 and a debt-to-equity ratio of 0.26.

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 analysts’ consensus estimates of $0.51 by ($0.33). Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The business had revenue of $235.85 million during the quarter, compared to the consensus estimate of $235.94 million. During the same period last year, the business posted $0.61 earnings per share. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. equities research analysts anticipate that Gentherm will post 1.62 EPS for the current fiscal year.

In other news, Director Maurice Ep Gunderson sold 10,000 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total value of $334,400.00. Following the completion of the sale, the director now owns 26,557 shares in the company, valued at $888,066.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Erin Erwine Ascher sold 2,000 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total transaction of $70,280.00. Following the completion of the sale, the vice president now owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

Several hedge funds have recently made changes to their positions in THRM. Riverhead Capital Management LLC increased 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 buying an additional 1,130 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Gentherm by 12.7% during the second quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock worth $174,000 after buying an additional 504 shares during the last quarter. Tiedemann Wealth Management LLC increased its holdings in Gentherm by 16.2% during the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock worth $192,000 after buying an additional 4,378 shares during the last quarter. CWA Asset Management Group LLC increased 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 buying an additional 42 shares during the last quarter. Finally, Zeke Capital Advisors LLC purchased a new stake in Gentherm during the third quarter worth about $228,000. Institutional investors own 99.28% of the company’s stock.

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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.

The Fly

Analyst Recommendations for Gentherm (NASDAQ:THRM)

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