Gentherm (NASDAQ:THRM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Gentherm (NASDAQ:THRM) from a buy rating to a strong-buy rating in a research report released on Saturday morning.

Other research analysts also recently issued reports about the company. Weiss Ratings downgraded Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 9th. Stifel Nicolaus boosted their price target on Gentherm from $37.00 to $38.00 and gave the company a “buy” rating in a report on Friday. Robert W. Baird boosted their price target on Gentherm from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday. Argus upgraded Gentherm to a “hold” rating in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. cut their price target on Gentherm from $42.00 to $37.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $37.20.

Gentherm Trading Down 2.1%

Shares of Gentherm stock opened at $29.82 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.97 and a quick ratio of 1.36. Gentherm has a 1 year low of $24.27 and a 1 year high of $39.48. The company has a market capitalization of $914.58 million, a P/E ratio of 39.76 and a beta of 1.34. The business has a 50 day moving average price of $29.56 and a 200 day moving average price of $33.66.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings data on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.31. Gentherm had a return on equity of 11.25% and a net margin of 1.47%.The firm had revenue of $393.71 million during the quarter, compared to the consensus estimate of $363.82 million. During the same period in the previous year, the firm posted $0.51 EPS. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. Sell-side analysts anticipate that Gentherm will post 2.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of THRM. Farther Finance Advisors LLC increased its holdings in shares of Gentherm by 160.3% during the 4th quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock worth $30,000 after buying an additional 500 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Gentherm during the 4th quarter worth $35,000. Eagle Bay Advisors LLC acquired a new stake in shares of Gentherm during the 4th quarter worth $50,000. Palladiem LLC acquired a new stake in shares of Gentherm during the 4th quarter worth $52,000. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Gentherm by 20.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,641 shares of the auto parts company’s stock worth $56,000 after buying an additional 277 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors and hedge funds.

About Gentherm

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.