Gentherm’s (THRM) Buy Rating Reiterated at B. Riley
A number of other research analysts have also commented on the stock. FBR & Co restated a buy rating on shares of Gentherm in a research note on Thursday, September 14th. Zacks Investment Research upgraded shares of Gentherm from a hold rating to a buy rating and set a $43.00 price objective on the stock in a research note on Friday, July 7th. BMO Capital Markets lifted their price objective on shares of Gentherm from $44.00 to $46.00 and gave the company an outperform rating in a research note on Friday, July 14th. Roth Capital set a $33.00 price objective on shares of Gentherm and gave the company a hold rating in a research note on Friday, July 28th. Finally, BidaskClub lowered shares of Gentherm from a strong-buy rating to a buy rating in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $40.75.
Gentherm (NASDAQ:THRM) traded down $0.65 during midday trading on Thursday, reaching $33.30. 205,960 shares of the company’s stock were exchanged, compared to its average volume of 247,084. The company has a current ratio of 3.23, a quick ratio of 2.47 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $1,221.48, a price-to-earnings ratio of 18.71, a PEG ratio of 1.02 and a beta of 1.94. Gentherm has a one year low of $26.60 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 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.33). The business had revenue of $235.85 million during the quarter, compared to analyst estimates of $235.94 million. Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 earnings per share. research analysts anticipate that Gentherm will post 1.63 EPS for the current year.
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Several institutional investors have recently modified their holdings of THRM. BlackRock Inc. increased its stake in shares of Gentherm by 152,589.9% during the first quarter. BlackRock Inc. now owns 4,608,180 shares of the auto parts company’s stock worth $180,872,000 after acquiring an additional 4,605,162 shares during the period. Disciplined Growth Investors Inc. MN increased its stake in shares of Gentherm by 39.3% during the second quarter. Disciplined Growth Investors Inc. MN now owns 1,885,661 shares of the auto parts company’s stock worth $73,164,000 after acquiring an additional 532,415 shares during the period. Janus Henderson Group PLC acquired a new position in shares of Gentherm during the second quarter worth about $18,221,000. Vanguard Group Inc. increased its stake in shares of Gentherm by 7.3% during the first quarter. Vanguard Group Inc. now owns 3,212,182 shares of the auto parts company’s stock worth $126,078,000 after acquiring an additional 218,171 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Gentherm during the second quarter worth about $4,367,000. Institutional investors and hedge funds own 96.61% of the company’s stock.
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.
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