Gentherm (NASDAQ:THRM) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Tuesday.

A number of other research firms have also weighed in on THRM. FBR & Co reaffirmed a “buy” rating and set a $45.00 price objective on shares of Gentherm in a research report on Thursday, October 26th. Zacks Investment Research lowered Gentherm from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. TheStreet lowered Gentherm from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. ValuEngine lowered Gentherm from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research report on Thursday, November 2nd. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $40.75.

Gentherm (NASDAQ:THRM) opened at $34.75 on Tuesday. The company has a market capitalization of $1,302.16, a P/E ratio of 19.94, a PEG ratio of 1.10 and a beta of 1.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.23 and a quick ratio of 2.47. Gentherm has a one year low of $29.50 and a one year high of $40.80.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.33). Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The company had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. During the same period last year, the business earned $0.61 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. analysts expect that Gentherm will post 1.62 earnings per share for the current year.

In other Gentherm news, VP Erin Erwine Ascher sold 2,000 shares of Gentherm stock in a transaction 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 sale, the vice president now owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.30% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Riverhead Capital Management LLC increased its holdings in shares of Gentherm by 70.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,730 shares of the auto parts company’s stock worth $106,000 after purchasing an additional 1,130 shares in the last quarter. First Bank & Trust increased its holdings in shares of Gentherm by 4.3% in the 2nd quarter. First Bank & Trust now owns 3,515 shares of the auto parts company’s stock worth $137,000 after purchasing an additional 144 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Gentherm by 12.7% in the second quarter. Victory Capital Management Inc. now owns 4,479 shares of the auto parts company’s stock worth $174,000 after acquiring an additional 504 shares during the period. Tiedemann Wealth Management LLC grew its holdings in shares of Gentherm by 16.2% in the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock worth $192,000 after acquiring an additional 4,378 shares during the period. Finally, Forward Management LLC grew its holdings in shares of Gentherm by 6.0% in the second quarter. Forward Management LLC now owns 5,409 shares of the auto parts company’s stock worth $210,000 after acquiring an additional 305 shares during the period. 99.28% of the stock is owned by institutional investors and hedge funds.

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About Gentherm

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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