Somewhat Positive Press Coverage Somewhat Unlikely to Impact Gentherm (THRM) Share Price
Headlines about Gentherm (NASDAQ:THRM) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gentherm earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news coverage about the auto parts company an impact score of 45.2895462510602 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
THRM has been the topic of a number of research reports. FBR & Co reaffirmed a “buy” rating on shares of Gentherm in a research report on Thursday, September 14th. Zacks Investment Research raised shares of Gentherm from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. B. Riley reaffirmed a “buy” rating on shares of Gentherm in a research report on Thursday, November 2nd. BidaskClub lowered shares of Gentherm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Finally, Argus reduced their target price on shares of Gentherm to $40.00 and set a “buy” rating on the stock in a research report on Friday, December 15th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $40.57.
Gentherm (NASDAQ THRM) opened at $31.80 on Friday. The stock has a market cap of $1,170.00, a P/E ratio of 17.57, a P/E/G ratio of 0.53 and a beta of 1.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.47 and a current ratio of 3.23. Gentherm has a 1-year low of $29.50 and a 1-year high of $40.80.
In related news, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total transaction of $334,400.00. Following the transaction, the director now directly owns 26,557 shares of the company’s stock, valued at $888,066.08. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Erin Erwine Ascher sold 2,000 shares of Gentherm stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $35.14, for a total transaction of $70,280.00. Following the transaction, the vice president now directly owns 29,161 shares in the company, valued at $1,024,717.54. The disclosure for this sale can be found here. Company insiders own 2.30% 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.
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