Gentherm Inc (NASDAQ:THRM) Receives $43.00 Consensus PT from Analysts

Gentherm Inc (NASDAQ:THRM) has received a consensus rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $43.00.

A number of research analysts have commented on THRM shares. Robert W. Baird set a $42.00 price objective on Gentherm in a report on Friday, October 24th. Roth Mkm restated a “buy” rating and issued a $44.00 price target on shares of Gentherm in a research note on Friday, October 24th. Weiss Ratings lowered shares of Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Wall Street Zen raised shares of Gentherm from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 25th. Finally, JPMorgan Chase & Co. raised their target price on shares of Gentherm from $38.00 to $43.00 and gave the stock a “neutral” rating in a report on Monday, October 20th.

Hedge Funds Weigh In On Gentherm

Several hedge funds have recently bought and sold shares of the company. Allworth Financial LP boosted its position in shares of Gentherm by 1,609.1% during the 2nd quarter. Allworth Financial LP now owns 940 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 885 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Gentherm by 16,716.7% during the second quarter. Hantz Financial Services Inc. now owns 1,009 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 1,003 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Gentherm by 160.3% in the 4th quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock valued at $30,000 after purchasing an additional 500 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Gentherm by 295.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,364 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 1,019 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Gentherm by 455.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,434 shares of the auto parts company’s stock worth $41,000 after buying an additional 1,176 shares in the last quarter. 97.13% of the stock is owned by institutional investors.

Gentherm Stock Down 2.0%

Gentherm stock opened at $36.70 on Monday. The company’s 50-day moving average price is $36.75 and its two-hundred day moving average price is $35.47. The company has a quick ratio of 1.33, a current ratio of 1.96 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.12 billion, a P/E ratio of 36.70 and a beta of 1.35. Gentherm has a twelve month low of $22.75 and a twelve month high of $41.09.

Gentherm (NASDAQ:THRM) last posted its earnings results on Thursday, October 23rd. The auto parts company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.64 by $0.09. The company had revenue of $386.87 million for the quarter, compared to the consensus estimate of $374.75 million. Gentherm had a return on equity of 9.55% and a net margin of 2.08%.The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 earnings per share. As a group, analysts expect that Gentherm will post 3.1 EPS for the current year.

Gentherm Company Profile

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.