Gentherm Inc (NASDAQ:THRM) Receives $37.40 Consensus Target Price from Analysts

Shares of Gentherm Inc (NASDAQ:THRM) have received a consensus recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $37.40.

A number of research firms have recently issued reports on THRM. Loop Capital set a $38.00 price objective on shares of Gentherm in a report on Wednesday, February 25th. JPMorgan Chase & Co. lifted their price objective on shares of Gentherm from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings upgraded shares of Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Stifel Nicolaus lifted their price objective on shares of Gentherm from $37.00 to $38.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Roth Mkm lowered their price objective on shares of Gentherm from $44.00 to $39.00 and set a “buy” rating on the stock in a report on Monday, March 23rd.

Gentherm Price Performance

NASDAQ THRM opened at $35.25 on Thursday. The company has a quick ratio of 1.36, a current ratio of 1.97 and a debt-to-equity ratio of 0.31. Gentherm has a 12-month low of $27.00 and a 12-month high of $39.48. The company has a market capitalization of $1.08 billion, a PE ratio of 47.00 and a beta of 1.38. The firm’s 50 day moving average is $32.50 and its 200-day moving average is $33.08.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.31. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The company had revenue of $393.71 million for the quarter, compared to the consensus estimate of $363.82 million. During the same period last year, the company earned $0.51 earnings per share. The firm’s revenue was up 11.2% compared to the same quarter last year. Equities research analysts anticipate that Gentherm will post 2.74 earnings per share for the current fiscal year.

Institutional Trading of Gentherm

Large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in Gentherm by 160.3% in the fourth quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock valued at $30,000 after acquiring an additional 500 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Gentherm in the fourth quarter valued at $35,000. Eagle Bay Advisors LLC acquired a new stake in Gentherm in the fourth quarter valued at $50,000. Palladiem LLC acquired a new stake in Gentherm in the fourth quarter valued at $52,000. Finally, Nisa Investment Advisors LLC lifted its stake in Gentherm by 21.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,994 shares of the auto parts company’s stock valued at $73,000 after acquiring an additional 353 shares during the last quarter. Institutional investors and hedge funds own 97.13% of the company’s stock.

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.