Gentherm Inc (NASDAQ:THRM) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Gentherm Inc has received an average rating of "Moderate Buy" from five research firms, with a consensus 12-month price target of $46.00.
• The company reported $0.54 EPS for the last quarter, missing estimates by $0.05, while revenues were $375.09 million, exceeding expectations.
• Gentherm's stock has seen notable analyst rating changes, with recent upgrades from multiple firms, reflecting growing investor interest and confidence in the company's prospects.

Gentherm Inc (NASDAQ:THRM - Get Free Report) has received an average recommendation of "Moderate Buy" from the five research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $46.00.

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Gentherm from a "hold" rating to a "buy" rating in a report on Friday, September 5th. JPMorgan Chase & Co. increased their target price on Gentherm from $37.00 to $38.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Zacks Research cut Gentherm from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 20th. Robert W. Baird increased their target price on Gentherm from $28.00 to $35.00 and gave the company an "outperform" rating in a report on Friday, July 11th. Finally, Baird R W raised Gentherm from a "hold" rating to a "strong-buy" rating in a report on Friday, July 11th.

Gentherm Stock Performance

Shares of THRM stock opened at $35.24 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.35 and a current ratio of 2.01. Gentherm has a fifty-two week low of $22.75 and a fifty-two week high of $51.00. The stock has a 50 day moving average price of $33.91 and a two-hundred day moving average price of $29.82. The company has a market capitalization of $1.08 billion, a P/E ratio of 34.55 and a beta of 1.42.

Gentherm (NASDAQ:THRM - Get Free Report) last announced its earnings results on Thursday, July 24th. The auto parts company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). The business had revenue of $375.09 million for the quarter, compared to the consensus estimate of $358.09 million. Gentherm had a net margin of 2.18% and a return on equity of 9.90%. Gentherm's revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 EPS. Gentherm has set its FY 2025 guidance at EPS. Analysts expect that Gentherm will post 3.1 earnings per share for the current year.

Insider Transactions at Gentherm

In related news, SVP Barbara J. Runyon sold 3,348 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $34.82, for a total value of $116,577.36. Following the completion of the sale, the senior vice president directly owned 31,316 shares of the company's stock, valued at approximately $1,090,423.12. This represents a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.40% of the company's stock.

Institutional Trading of Gentherm

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Squarepoint Ops LLC raised its stake in Gentherm by 169.4% during the 2nd quarter. Squarepoint Ops LLC now owns 34,774 shares of the auto parts company's stock valued at $984,000 after purchasing an additional 21,864 shares during the period. State of Wyoming grew its holdings in Gentherm by 74.2% during the 2nd quarter. State of Wyoming now owns 6,752 shares of the auto parts company's stock valued at $191,000 after buying an additional 2,877 shares in the last quarter. Westwood Holdings Group Inc. grew its holdings in Gentherm by 4.9% during the 2nd quarter. Westwood Holdings Group Inc. now owns 24,635 shares of the auto parts company's stock valued at $697,000 after buying an additional 1,141 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in shares of Gentherm by 7.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 105,505 shares of the auto parts company's stock worth $2,985,000 after purchasing an additional 7,251 shares during the period. Finally, Headlands Technologies LLC boosted its holdings in shares of Gentherm by 30.1% in the 2nd quarter. Headlands Technologies LLC now owns 11,932 shares of the auto parts company's stock worth $338,000 after purchasing an additional 2,760 shares during the period. Institutional investors own 97.13% of the company's stock.

Gentherm Company Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.

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