Wall Street brokerages expect Gentherm Inc (NASDAQ:THRM) to announce sales of $250.95 million for the current quarter, Zacks reports. 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 during the same quarter last year, which suggests a positive year over year growth rate of 6.1%. The business is expected to report its next earnings report on Tuesday, February 20th.

On average, analysts expect that Gentherm will report full-year sales of $250.95 million for the current financial year, with estimates ranging from $973.79 million to $986.00 million. For the next year, analysts expect that the company will post 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 analysts that follow Gentherm.

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

A number of research analysts have recently commented on the company. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a research note on Wednesday, October 4th. Zacks Investment Research raised Gentherm from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. BidaskClub cut Gentherm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Longbow Research assumed coverage on Gentherm in a research note on Friday. They set an “underperform” rating on the stock. Finally, B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned 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.

Gentherm (NASDAQ THRM) opened at $31.80 on Friday. The company has a market capitalization of $1,170.00, a P/E ratio of 17.57, a PEG ratio of 0.53 and a beta of 1.95. 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.

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

Large investors have recently made changes to their positions in the stock. Riverhead Capital Management LLC grew its stake in Gentherm by 70.6% in 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 in the last quarter. Victory Capital Management Inc. grew its stake in Gentherm by 12.7% in the second 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 in the last quarter. CWA Asset Management Group LLC grew its stake in Gentherm by 0.7% in 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 in the last quarter. Zeke Capital Advisors LLC bought a new stake in Gentherm during the 3rd quarter valued at $228,000. Finally, Bancorpsouth Inc. boosted its position in Gentherm by 12.4% during the 2nd quarter. Bancorpsouth Inc. now owns 6,314 shares of the auto parts company’s stock valued at $245,000 after acquiring an additional 696 shares in the last quarter. 99.26% of the stock is currently owned by 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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