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

Gentherm Inc (NASDAQ:THRM) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $43.00.

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

Institutional Investors Weigh In On Gentherm

Hedge funds and other institutional investors have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Gentherm by 12.5% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 128,961 shares of the auto parts company’s stock valued at $3,648,000 after purchasing an additional 14,286 shares during the last quarter. Geode Capital Management LLC grew its position in Gentherm by 4.4% in the 2nd quarter. Geode Capital Management LLC now owns 762,709 shares of the auto parts company’s stock worth $21,579,000 after purchasing an additional 32,140 shares during the period. Boston Partners raised its stake in Gentherm by 141.5% during the 2nd quarter. Boston Partners now owns 62,603 shares of the auto parts company’s stock valued at $1,771,000 after buying an additional 36,680 shares during the last quarter. Segall Bryant & Hamill LLC lifted its holdings in shares of Gentherm by 32.3% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 679,879 shares of the auto parts company’s stock valued at $19,234,000 after buying an additional 166,057 shares during the period. Finally, Trexquant Investment LP bought a new position in shares of Gentherm during the 1st quarter valued at $1,065,000. Institutional investors own 97.13% of the company’s stock.

Gentherm Stock Performance

Shares of THRM stock opened at $36.99 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.33 and a current ratio of 1.96. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 36.99 and a beta of 1.38. Gentherm has a 52 week low of $22.75 and a 52 week high of $41.09. The firm’s 50-day simple moving average is $36.23 and its two-hundred day simple moving average is $34.06.

Gentherm (NASDAQ:THRM) last released its earnings results on Thursday, October 23rd. The auto parts company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.09. The firm had revenue of $386.87 million during the quarter, compared to the consensus estimate of $374.75 million. Gentherm had a net margin of 2.08% and a return on equity of 9.55%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 EPS. As a group, equities analysts forecast that Gentherm will post 3.1 earnings per share for the current year.

Gentherm Company Profile

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.