Gentherm Inc to Post Q4 2017 Earnings of $0.56 Per Share, Barrington Research Forecasts (THRM)
Gentherm Inc (NASDAQ:THRM) – Investment analysts at Barrington Research issued their Q4 2017 EPS estimates for shares of Gentherm in a note issued to investors on Tuesday. Barrington Research analyst G. Prestopino anticipates that the auto parts company will earn $0.56 per share for the quarter. Barrington Research also issued estimates for Gentherm’s Q1 2018 earnings at $0.69 EPS, Q2 2018 earnings at $0.64 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.67 EPS and FY2018 earnings at $2.58 EPS.
Gentherm (NASDAQ:THRM) last announced its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS.
Shares of Gentherm (NASDAQ THRM) opened at $32.10 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23. The stock has a market cap of $1,170.00, a PE ratio of 17.73, a PEG ratio of 0.51 and a beta of 1.95. Gentherm has a 1-year low of $29.50 and a 1-year high of $40.80.
In other news, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total transaction of $334,400.00. Following the sale, the director now owns 26,557 shares in the company, valued at $888,066.08. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Erin Erwine Ascher sold 2,000 shares of Gentherm stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total transaction of $70,280.00. Following the sale, the vice president now owns 29,161 shares in the company, 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 THRM. Disciplined Growth Investors Inc. MN raised its position in shares of Gentherm by 39.3% during the second quarter. Disciplined Growth Investors Inc. MN now owns 1,885,661 shares of the auto parts company’s stock valued at $73,164,000 after buying an additional 532,415 shares during the last quarter. Janus Henderson Group PLC purchased a new position in shares of Gentherm in the second quarter valued at $18,221,000. Schroder Investment Management Group purchased a new position in shares of Gentherm in the third quarter valued at $9,907,000. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Gentherm by 11.6% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,391,672 shares of the auto parts company’s stock valued at $88,851,000 after purchasing an additional 247,857 shares in the last quarter. Finally, Trigran Investments Inc. grew its holdings in shares of Gentherm by 35.2% in the third quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock valued at $27,558,000 after purchasing an additional 193,277 shares in the last quarter. Hedge funds and other institutional investors own 99.26% of the company’s stock.
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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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