Gentherm (NASDAQ:THRM) had its price objective reduced by stock analysts at Argus to $40.00 in a report issued on Friday. The brokerage currently has a “buy” rating on the auto parts company’s stock. Argus’ price target indicates a potential upside of 25.39% from the company’s current price.

Other research analysts have also issued reports about the company. TheStreet lowered Gentherm from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. BidaskClub lowered Gentherm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Zacks Investment Research raised Gentherm from a “sell” rating to a “hold” rating in a research report on Saturday, November 4th. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a research report on Thursday, September 14th. Finally, B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $40.00.

Gentherm (NASDAQ:THRM) opened at $31.90 on Friday. 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 52-week low of $29.50 and a 52-week high of $40.80. The firm has a market capitalization of $1,186.61, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.00 and a beta of 1.94.

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

In other news, Director Maurice Ep Gunderson sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $33.44, for a total transaction of $334,400.00. Following the completion of the sale, the director now owns 26,557 shares in the company, valued at approximately $888,066.08. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Erin Erwine Ascher sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $35.14, for a total value of $70,280.00. Following the sale, the vice president now owns 29,161 shares of the company’s stock, valued at approximately $1,024,717.54. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

A number of large investors have recently made changes to their positions in THRM. Aperio Group LLC boosted its stake in Gentherm by 11.5% during the 2nd quarter. Aperio Group LLC now owns 15,108 shares of the auto parts company’s stock valued at $586,000 after purchasing an additional 1,557 shares during the period. US Bancorp DE boosted its stake in Gentherm by 783.0% during the 2nd quarter. US Bancorp DE now owns 10,993 shares of the auto parts company’s stock valued at $427,000 after purchasing an additional 9,748 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in Gentherm by 4.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 8,640 shares of the auto parts company’s stock valued at $335,000 after purchasing an additional 370 shares during the period. Great West Life Assurance Co. Can boosted its stake in Gentherm by 3.1% during the 2nd quarter. Great West Life Assurance Co. Can now owns 53,080 shares of the auto parts company’s stock valued at $2,056,000 after purchasing an additional 1,600 shares during the period. Finally, Texas Permanent School Fund boosted its stake in Gentherm by 1.2% during the 2nd quarter. Texas Permanent School Fund now owns 26,812 shares of the auto parts company’s stock valued at $1,040,000 after purchasing an additional 326 shares during the period. Hedge funds and other institutional investors own 99.28% of the company’s stock.

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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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