Brokerages expect Gentherm Inc (NASDAQ:THRM) to announce earnings per share of $0.52 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Gentherm’s earnings, with the highest EPS estimate coming in at $0.54 and the lowest estimate coming in at $0.49. Gentherm reported earnings of $0.68 per share in the same quarter last year, which would suggest a negative year over year growth rate of 23.5%. The company is scheduled to issue its next earnings report on Tuesday, February 20th.

On average, analysts expect that Gentherm will report full-year earnings of $1.62 per share for the current fiscal year, with EPS estimates ranging from $1.59 to $1.63. For the next fiscal year, analysts anticipate that the business will post earnings of $2.48 per share, with EPS estimates ranging from $2.17 to $2.68. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Gentherm.

Gentherm (NASDAQ:THRM) last issued 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 company had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. During the same period in the previous year, the business earned $0.61 EPS. Gentherm’s revenue for the quarter was up 1.4% compared to the same quarter last year.

A number of brokerages recently weighed in on THRM. Zacks Investment Research downgraded Gentherm from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. BidaskClub downgraded Gentherm from a “sell” rating to a “strong sell” rating in a report on Wednesday, December 27th. Argus lowered their price target on Gentherm to $40.00 and set a “buy” rating for the company in a report on Friday, December 15th. B. Riley reissued a “buy” rating on shares of Gentherm in a report on Thursday, November 2nd. Finally, FBR & Co reissued a “buy” rating and issued a $45.00 price target on shares of Gentherm in a report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.57.

Shares of Gentherm (NASDAQ:THRM) opened at $32.50 on Thursday. Gentherm has a 12-month low of $29.50 and a 12-month high of $40.80. The firm has a market capitalization of $1,164.61, a PE ratio of 17.96, a P/E/G ratio of 0.51 and a beta of 1.96. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23.

In related news, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $33.44, for a total transaction of $334,400.00. Following the completion of the sale, the director now owns 26,557 shares of the company’s stock, valued at $888,066.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 of the company’s stock, valued at approximately $1,024,717.54. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Gentherm by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,496,159 shares of the auto parts company’s stock worth $55,582,000 after purchasing an additional 25,861 shares during the period. Trigran Investments Inc. lifted its holdings in shares of Gentherm by 35.2% during the third quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock worth $27,558,000 after purchasing an additional 193,277 shares during the period. Tiedemann Wealth Management LLC lifted its holdings in shares of 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 purchasing an additional 4,378 shares during the period. Schwab Charles Investment Management Inc. raised its position in Gentherm by 15.3% during the third quarter. Schwab Charles Investment Management Inc. now owns 209,307 shares of the auto parts company’s stock valued at $7,776,000 after acquiring an additional 27,845 shares in the last quarter. Finally, Zeke Capital Advisors LLC purchased a new position in Gentherm during the third quarter valued at approximately $228,000. 99.26% of the stock is owned by hedge funds and other institutional investors.

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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.

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