Gentherm Inc (NASDAQ:THRM) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Gentherm Inc has received an average analyst rating of "Moderate Buy", with two analysts recommending a buy, two a hold, and one a strong buy.
• The company's 12-month price target is set at $46.00, with the stock currently down 0.9% and priced at $34.8650.
• Despite a missed earnings estimate of $0.54 per share, Gentherm's revenue for the quarter was $375.09 million, exceeding expectations of $358.09 million.

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

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Gentherm from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. JPMorgan Chase & Co. upped their price target on Gentherm from $37.00 to $38.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Baird R W upgraded Gentherm from a "hold" rating to a "strong-buy" rating in a research report on Friday, July 11th. Zacks Research cut Gentherm from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Robert W. Baird increased their target price on Gentherm from $28.00 to $35.00 and gave the stock an "outperform" rating in a research report on Friday, July 11th.

Hedge Funds Weigh In On Gentherm

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THRM. FNY Investment Advisers LLC bought a new position in Gentherm during the first quarter valued at approximately $26,000. Allworth Financial LP boosted its stake in Gentherm by 1,609.1% during the second quarter. Allworth Financial LP now owns 940 shares of the auto parts company's stock valued at $27,000 after buying an additional 885 shares during the last quarter. Versant Capital Management Inc bought a new position in Gentherm during the first quarter valued at approximately $28,000. Hantz Financial Services Inc. boosted 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 valued at $29,000 after buying an additional 1,003 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Gentherm by 295.4% during the second quarter. Nisa Investment Advisors LLC now owns 1,364 shares of the auto parts company's stock valued at $39,000 after buying an additional 1,019 shares during the last quarter. 97.13% of the stock is owned by institutional investors.

Gentherm Stock Down 0.9%

THRM stock opened at $34.8650 on Friday. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 34.18 and a beta of 1.45. The stock has a fifty day moving average of $31.31 and a 200-day moving average of $29.76. Gentherm has a fifty-two week low of $22.75 and a fifty-two week high of $51.73. 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 (NASDAQ:THRM - Get Free Report) last released its earnings results on Thursday, July 24th. The auto parts company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.05). Gentherm had a return on equity of 9.90% and a net margin of 2.18%.The company had revenue of $375.09 million during the quarter, compared to the consensus estimate of $358.09 million. During the same period last year, the firm posted $0.66 earnings per share. The company's revenue was down .2% compared to the same quarter last year. Gentherm has set its FY 2025 guidance at EPS. As a group, equities research analysts predict that Gentherm will post 3.1 earnings per share for the current year.

About Gentherm

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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