Gentherm Inc (NASDAQ:THRM) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Gentherm Inc (NASDAQ:THRM) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $43.00.

A number of equities research analysts recently commented on THRM shares. Roth Capital reaffirmed a “buy” rating and set a $44.00 target price on shares of Gentherm in a report on Friday, October 24th. Wall Street Zen raised shares of Gentherm from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 25th. JPMorgan Chase & Co. lifted their price objective on shares of Gentherm from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Robert W. Baird set a $42.00 price objective on shares of Gentherm in a report on Friday, October 24th. Finally, Weiss Ratings cut shares of Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday.

Gentherm Price Performance

Shares of THRM opened at $37.06 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.96 and a quick ratio of 1.33. The company’s fifty day moving average price is $35.53 and its 200-day moving average price is $33.06. Gentherm has a 1-year low of $22.75 and a 1-year high of $43.99. The firm has a market capitalization of $1.13 billion, a PE ratio of 37.06 and a beta of 1.38.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings results on Thursday, October 23rd. The auto parts company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.09. The company had revenue of $386.87 million during the quarter, compared to analysts’ expectations of $374.75 million. Gentherm had a return on equity of 9.55% and a net margin of 2.08%.The firm’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 EPS. On average, equities research analysts predict that Gentherm will post 3.1 EPS for the current year.

Hedge Funds Weigh In On Gentherm

Institutional investors and hedge funds have recently modified their holdings of the stock. LPL Financial LLC grew its holdings in Gentherm by 6.3% during the first quarter. LPL Financial LLC now owns 55,405 shares of the auto parts company’s stock worth $1,401,000 after acquiring an additional 3,293 shares during the period. Natixis Advisors LLC lifted its holdings in Gentherm by 7.3% in the first quarter. Natixis Advisors LLC now owns 14,879 shares of the auto parts company’s stock valued at $398,000 after acquiring an additional 1,015 shares during the period. US Bancorp DE boosted its position in Gentherm by 20.2% in the 1st quarter. US Bancorp DE now owns 3,364 shares of the auto parts company’s stock worth $90,000 after purchasing an additional 565 shares in the last quarter. Westwood Holdings Group Inc. grew its stake in shares of Gentherm by 20.0% during the 1st quarter. Westwood Holdings Group Inc. now owns 23,494 shares of the auto parts company’s stock worth $628,000 after purchasing an additional 3,921 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Gentherm by 8.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 529,708 shares of the auto parts company’s stock worth $14,164,000 after purchasing an additional 43,143 shares during the period. Institutional investors and hedge funds own 97.13% of the company’s stock.

Gentherm Company Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.