Gentherm (THRM) Given a $40.00 Price Target at BMO Capital Markets
Other equities analysts also recently issued research reports about the stock. Longbow Research assumed coverage on shares of Gentherm in a research note on Friday, January 5th. They set an underperform rating on the stock. Zacks Investment Research downgraded shares of Gentherm from a hold rating to a sell rating in a research note on Saturday, February 10th. BidaskClub raised shares of Gentherm from a strong sell rating to a sell rating in a research note on Thursday, February 8th. Barrington Research reissued an outperform rating on shares of Gentherm in a research note on Friday, February 16th. Finally, JPMorgan Chase & Co. reissued an overweight rating and issued a $39.00 target price (down previously from $40.00) on shares of Gentherm in a research note on Wednesday, February 21st. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $40.13.
Gentherm (NASDAQ THRM) opened at $32.20 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.98 and a current ratio of 2.69. The firm has a market cap of $1,150.67, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Gentherm has a one year low of $29.50 and a one year high of $40.80.
In related news, Director Maurice Ep Gunderson sold 10,000 shares of Gentherm stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $33.44, for a total value of $334,400.00. Following the sale, the director now directly owns 26,557 shares in the company, valued at approximately $888,066.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.30% of the company’s stock.
A number of large investors have recently modified their holdings of THRM. Wells Fargo & Company MN lifted its position in Gentherm by 124.9% in the 4th quarter. Wells Fargo & Company MN now owns 538,996 shares of the auto parts company’s stock valued at $17,113,000 after purchasing an additional 299,351 shares during the last quarter. Schroder Investment Management Group bought a new stake in Gentherm in the 3rd quarter valued at about $9,907,000. Fuller & Thaler Asset Management Inc. lifted its position in Gentherm by 11.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,391,672 shares of the auto parts company’s stock valued at $88,851,000 after purchasing an additional 247,857 shares during the last quarter. Trigran Investments Inc. lifted its position in Gentherm by 35.2% in the 3rd quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock valued at $27,558,000 after purchasing an additional 193,277 shares during the last quarter. Finally, Van Berkom & Associates Inc. lifted its position in Gentherm by 8.2% in the 3rd quarter. Van Berkom & Associates Inc. now owns 2,001,682 shares of the auto parts company’s stock valued at $74,362,000 after purchasing an additional 151,444 shares during the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.
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.
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.