Wall Street analysts expect Gentherm Inc (NASDAQ:THRM) to report earnings per share (EPS) of $0.61 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Gentherm’s earnings, with estimates ranging from $0.57 to $0.69. Gentherm also posted earnings per share of $0.61 in the same quarter last year. The company is expected to issue its next earnings report on Tuesday, February 19th.

On average, analysts expect that Gentherm will report full year earnings of $2.24 per share for the current financial year, with EPS estimates ranging from $2.21 to $2.29. For the next fiscal year, analysts anticipate that the business will report earnings of $2.57 per share, with EPS estimates ranging from $2.39 to $2.79. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Gentherm.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings data on Thursday, October 25th. The auto parts company reported $0.54 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.05). Gentherm had a return on equity of 14.28% and a net margin of 2.31%. The business had revenue of $258.94 million during the quarter, compared to the consensus estimate of $261.61 million.

THRM has been the topic of several recent research reports. Longbow Research reiterated a “sell” rating and issued a $26.00 price objective on shares of Gentherm in a research note on Thursday, July 26th. Barrington Research set a $50.00 price objective on shares of Gentherm and gave the stock a “buy” rating in a research note on Monday, October 22nd. BidaskClub cut shares of Gentherm from a “hold” rating to a “sell” rating in a research note on Friday, October 19th. Roth Capital set a $43.00 target price on shares of Gentherm and gave the stock a “hold” rating in a research note on Friday, July 27th. Finally, ValuEngine cut shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. Gentherm has an average rating of “Hold” and an average target price of $44.20.

In other Gentherm news, insider Frithjof Oldorff sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 20th. The shares were sold at an average price of $49.15, for a total transaction of $983,000.00. Following the sale, the insider now owns 57,442 shares in the company, valued at approximately $2,823,274.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.10% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. grace capital purchased a new stake in Gentherm during the 2nd quarter valued at approximately $157,000. Zions Bancorporation grew its holdings in Gentherm by 55.2% during the 2nd quarter. Zions Bancorporation now owns 4,275 shares of the auto parts company’s stock valued at $168,000 after buying an additional 1,520 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in Gentherm during the 3rd quarter valued at approximately $204,000. LPL Financial LLC purchased a new stake in Gentherm during the 3rd quarter valued at approximately $206,000. Finally, Sei Investments Co. grew its holdings in Gentherm by 59.0% during the 2nd quarter. Sei Investments Co. now owns 4,915 shares of the auto parts company’s stock valued at $193,000 after buying an additional 1,824 shares in the last quarter.

Shares of NASDAQ:THRM opened at $44.15 on Friday. Gentherm has a twelve month low of $30.17 and a twelve month high of $50.30. The company has a current ratio of 2.55, a quick ratio of 1.94 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.54 billion, a PE ratio of 19.11 and a beta of 1.38.

About Gentherm

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.

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Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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