Gentherm Inc (NASDAQ:THRM) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Consensus "Hold": Seven analysts give Gentherm an average recommendation of "Hold" (1 sell, 4 hold, 2 buy) with a 12‑month average price target of $39.40; several recent notes include downgrades and a cut in Baird's target to $36.
• Quarterly results mixed: Q4 EPS of $0.49 missed the $0.57 consensus while revenue of $382.8M beat estimates and rose 8.5% year‑over‑year; analysts forecast about 3.1 EPS for the year.
• Stock metrics and ownership: THRM trades near $27.76 (12‑month range $22.75–$39.48) with a market cap of ~$847M and a PE around 45.5, and institutional investors hold roughly 97% after several funds boosted positions.

Shares of Gentherm Inc (NASDAQ:THRM - Get Free Report) have earned a consensus recommendation of "Hold" from the seven analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $39.40.

A number of analysts have recently weighed in on THRM shares. Wall Street Zen downgraded Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 21st. Loop Capital set a $38.00 price target on Gentherm in a research report on Wednesday, February 25th. Weiss Ratings downgraded Gentherm from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, February 9th. Argus upgraded shares of Gentherm to a "hold" rating in a research note on Friday, February 27th. Finally, Robert W. Baird reduced their price target on shares of Gentherm from $42.00 to $36.00 and set a "neutral" rating on the stock in a research report on Friday, February 20th.

Hedge Funds Weigh In On Gentherm

Several hedge funds and other institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC lifted its position in shares of Gentherm by 8.7% during the 4th quarter. Hsbc Holdings PLC now owns 17,968 shares of the auto parts company's stock worth $651,000 after buying an additional 1,441 shares during the last quarter. MidFirst Bank bought a new position in shares of Gentherm in the fourth quarter worth about $207,000. Invesco Ltd. boosted its stake in shares of Gentherm by 20.5% in the 4th quarter. Invesco Ltd. now owns 432,287 shares of the auto parts company's stock valued at $15,722,000 after purchasing an additional 73,466 shares in the last quarter. State of Tennessee Department of Treasury grew its holdings in shares of Gentherm by 168.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 31,933 shares of the auto parts company's stock valued at $1,161,000 after purchasing an additional 20,027 shares during the last quarter. Finally, Millennium Management LLC increased its position in Gentherm by 121.2% during the 4th quarter. Millennium Management LLC now owns 30,964 shares of the auto parts company's stock worth $1,126,000 after purchasing an additional 16,965 shares in the last quarter. Institutional investors own 97.13% of the company's stock.

Gentherm Price Performance

Shares of THRM opened at $27.76 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.30 and a debt-to-equity ratio of 0.26. Gentherm has a 12 month low of $22.75 and a 12 month high of $39.48. The firm's 50 day moving average is $30.85 and its 200-day moving average is $34.33. The stock has a market capitalization of $847.40 million, a PE ratio of 45.51 and a beta of 1.34.

Gentherm (NASDAQ:THRM - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.08). Gentherm had a net margin of 1.22% and a return on equity of 10.07%. The company had revenue of $382.79 million during the quarter, compared to the consensus estimate of $371.91 million. During the same quarter last year, the firm posted $0.29 earnings per share. The company's quarterly revenue was up 8.5% on a year-over-year basis. Equities research analysts forecast that Gentherm will post 3.1 EPS for the current year.

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.

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