Shares of Gentherm Inc (NASDAQ:THRM) have received a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $40.17.

A number of research analysts recently issued reports on THRM shares. Zacks Investment Research downgraded Gentherm from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. BidaskClub downgraded Gentherm from a “hold” rating to a “sell” rating in a research note on Monday, December 11th. B. Riley reiterated a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. Longbow Research started coverage on Gentherm in a research note on Friday, January 5th. They set an “underperform” rating for the company. Finally, Argus cut their price objective on Gentherm to $40.00 and set a “buy” rating for the company in a research note on Friday, December 15th.

Shares of Gentherm (THRM) traded up $0.15 during trading hours on Friday, hitting $30.80. The company had a trading volume of 240,800 shares, compared to its average volume of 209,509. The company has a market cap of $1,124.26, a P/E ratio of 17.02, a PEG ratio of 0.49 and a beta of 1.86. The company has a current ratio of 3.23, a quick ratio of 2.47 and a debt-to-equity ratio of 0.26. Gentherm has a 52 week low of $29.50 and a 52 week high of $40.80.

In other Gentherm news, Director Maurice Ep Gunderson sold 10,000 shares of the company’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Erin Erwine Ascher sold 2,000 shares of the company’s 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 completion of the transaction, the vice president now owns 29,161 shares of the company’s stock, valued at $1,024,717.54. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Gentherm by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 3,227,072 shares of the auto parts company’s stock worth $125,210,000 after purchasing an additional 14,890 shares during the period. Parametric Portfolio Associates LLC boosted its stake in Gentherm by 4.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 145,120 shares of the auto parts company’s stock worth $5,631,000 after purchasing an additional 6,482 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in Gentherm by 15.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 209,307 shares of the auto parts company’s stock worth $7,776,000 after purchasing an additional 27,845 shares during the period. Piedmont Investment Advisors LLC bought a new position in Gentherm in the 2nd quarter worth approximately $308,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Gentherm by 23.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 398,265 shares of the auto parts company’s stock valued at $14,795,000 after acquiring an additional 76,313 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

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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.

Analyst Recommendations for Gentherm (NASDAQ:THRM)

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