Gentherm Inc (NASDAQ:THRM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Gentherm Inc (NASDAQ:THRM) have earned an average rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $43.00.

A number of analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. Wall Street Zen upgraded shares of Gentherm from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 25th. 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. Robert W. Baird set a $42.00 target price on shares of Gentherm in a research note on Friday, October 24th. Finally, 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.

Gentherm Trading Down 1.7%

Shares of NASDAQ:THRM opened at $31.86 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.96 and a quick ratio of 1.33. Gentherm has a 1 year low of $22.75 and a 1 year high of $39.48. The company has a market cap of $972.37 million, a P/E ratio of 31.86 and a beta of 1.34. The stock’s fifty day moving average price is $36.17 and its 200-day moving average price is $35.59.

Institutional Investors Weigh In On Gentherm

Hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its stake 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 worth $30,000 after purchasing an additional 500 shares during the period. Allworth Financial LP raised its position in Gentherm by 1,609.1% in the second quarter. Allworth Financial LP now owns 940 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 885 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Gentherm during the 4th quarter worth $35,000. Hantz Financial Services Inc. grew its position in shares of Gentherm by 16,716.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,009 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 1,003 shares during the period. Finally, 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 worth $39,000 after purchasing an additional 1,019 shares in the last quarter. Hedge funds and other institutional investors own 97.13% of the company’s stock.

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.