Gentherm Inc (THRM) Expected to Announce Earnings of $0.52 Per Share
Equities analysts forecast that Gentherm Inc (NASDAQ:THRM) will report earnings per share (EPS) of $0.52 for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Gentherm’s earnings. The highest EPS estimate is $0.54 and the lowest is $0.50. Gentherm posted earnings of $0.68 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 23.5%. The firm is scheduled to announce its next earnings report on Tuesday, February 20th.
According to Zacks, analysts expect that Gentherm will report full-year earnings of $1.63 per share for the current fiscal year. For the next year, analysts anticipate that the firm will post earnings of $2.50 per share, with EPS estimates ranging from $2.17 to $2.68. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that that provide coverage for Gentherm.
Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.33). The company had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. Gentherm had a net margin of 6.89% and a return on equity of 12.82%. Gentherm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.
THRM has been the subject of several research reports. FBR & Co restated a “buy” rating on shares of Gentherm in a research report on Thursday, September 14th. Zacks Investment Research upgraded shares of Gentherm from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. BMO Capital Markets increased their price target on shares of Gentherm from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Friday, July 14th. Roth Capital set a $33.00 price target on shares of Gentherm and gave the company a “hold” rating in a research report on Friday, July 28th. Finally, BidaskClub lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $40.75.
Gentherm (NASDAQ:THRM) traded up $0.32 on Friday, reaching $34.27. 116,900 shares of the company traded hands, compared to its average volume of 221,592. The company has a market capitalization of $1,245.30, a price-to-earnings ratio of 19.07, a P/E/G ratio of 1.04 and a beta of 1.94. 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 one year low of $29.35 and a one year high of $40.80.
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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Alps Advisors Inc. lifted its holdings in Gentherm by 0.3% during the second quarter. Alps Advisors Inc. now owns 13,264 shares of the auto parts company’s stock valued at $515,000 after purchasing an additional 34 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of Gentherm by 0.7% in the second quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock worth $225,000 after buying an additional 42 shares in the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Gentherm by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 15,000 shares of the auto parts company’s stock worth $582,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Gentherm by 0.5% in the second quarter. Arizona State Retirement System now owns 19,150 shares of the auto parts company’s stock worth $743,000 after buying an additional 100 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its holdings in shares of Gentherm by 0.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 29,214 shares of the auto parts company’s stock worth $1,134,000 after buying an additional 124 shares in the last quarter. 95.51% of the stock is currently owned by institutional investors and hedge funds.
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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