Gentherm Inc (NASDAQ:THRM) reached a new 52-week high on Friday . The company traded as high as $47.65 and last traded at $47.40, with a volume of 2557 shares. The stock had previously closed at $46.10.

A number of research firms have weighed in on THRM. Zacks Investment Research upgraded shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Wednesday, August 1st. ValuEngine upgraded shares of Gentherm from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th. JPMorgan Chase & Co. lifted their price target on shares of Gentherm from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, July 27th. Buckingham Research lifted their price target on shares of Gentherm from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Friday, July 27th. Finally, Barrington Research reiterated a “buy” rating and set a $50.00 price target on shares of Gentherm in a research note on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $43.00.

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.91 and a current ratio of 2.60. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 0.79 and a beta of 1.73.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Thursday, July 26th. The auto parts company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.06. Gentherm had a net margin of 3.04% and a return on equity of 11.97%. The firm had revenue of $263.78 million for the quarter, compared to the consensus estimate of $264.18 million. During the same quarter in the previous year, the company earned $0.53 earnings per share. The business’s revenue was up 8.4% compared to the same quarter last year. equities research analysts expect that Gentherm Inc will post 2.34 earnings per share for the current fiscal year.

In other news, VP Kenneth John Phillips sold 17,619 shares of the business’s stock in a transaction on Wednesday, June 27th. The shares were sold at an average price of $39.09, for a total value of $688,726.71. Following the sale, the vice president now owns 31,198 shares in the company, valued at approximately $1,219,529.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Barry G. Steele sold 50,000 shares of the business’s stock in a transaction on Thursday, July 5th. The shares were sold at an average price of $40.00, for a total transaction of $2,000,000.00. Following the completion of the sale, the chief financial officer now owns 88,234 shares in the company, valued at approximately $3,529,360. The disclosure for this sale can be found here. Insiders sold a total of 117,619 shares of company stock worth $4,839,627 in the last 90 days. 3.10% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of the company. Krane Funds Advisors LLC boosted its stake in shares of Gentherm by 19.1% in the 2nd quarter. Krane Funds Advisors LLC now owns 8,763 shares of the auto parts company’s stock valued at $344,000 after purchasing an additional 1,403 shares in the last quarter. Zions Bancorporation boosted its stake in shares of Gentherm by 55.2% in the 2nd quarter. Zions Bancorporation now owns 4,275 shares of the auto parts company’s stock valued at $168,000 after purchasing an additional 1,520 shares in the last quarter. Barclays PLC boosted its stake in shares of Gentherm by 7.9% in the 1st quarter. Barclays PLC now owns 22,189 shares of the auto parts company’s stock valued at $753,000 after purchasing an additional 1,625 shares in the last quarter. UBS Group AG boosted its stake in shares of Gentherm by 1.6% in the 1st quarter. UBS Group AG now owns 116,841 shares of the auto parts company’s stock valued at $3,967,000 after purchasing an additional 1,806 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Gentherm by 59.0% in the 2nd quarter. Sei Investments Co. now owns 4,915 shares of the auto parts company’s stock valued at $193,000 after purchasing an additional 1,824 shares in the last quarter. Institutional investors own 98.71% of the company’s stock.

About Gentherm (NASDAQ:THRM)

Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

Featured Article: Understanding Analyst Recommendations

Receive News & Ratings for Gentherm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentherm and related companies with MarketBeat.com's FREE daily email newsletter.