Gentherm Inc (NASDAQ:THRM) Given Average Recommendation of "Moderate Buy" by 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.

Shares of Gentherm Inc (NASDAQ:THRM - Get Free Report) have earned an average rating of "Moderate Buy" from the five brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $46.00.

A number of research analysts have weighed in on the company. Robert W. Baird raised their price objective on Gentherm from $28.00 to $35.00 and gave the company an "outperform" rating in a report on Friday, July 11th. Wall Street Zen cut Gentherm from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. boosted their target price on Gentherm from $37.00 to $38.00 and gave the company a "neutral" rating in a report 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. Finally, Baird R W raised Gentherm from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 11th.

Gentherm Stock Performance

Shares of THRM stock traded up $0.04 during trading hours on Friday, reaching $36.94. The company had a trading volume of 80,568 shares, compared to its average volume of 312,545. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.35 and a current ratio of 2.01. The firm has a market cap of $1.13 billion, a PE ratio of 36.21 and a beta of 1.45. The business has a fifty day moving average price of $31.86 and a 200-day moving average price of $29.70. Gentherm has a one year low of $22.75 and a one year high of $51.51.

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

Insider Buying and Selling at Gentherm

In related news, SVP Barbara J. Runyon sold 3,348 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $34.82, for a total transaction of $116,577.36. Following the completion of the transaction, the senior vice president directly owned 31,316 shares in the company, valued at $1,090,423.12. This represents a 9.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in THRM. Bank of Montreal Can grew its holdings in shares of Gentherm by 20.9% during the 4th quarter. Bank of Montreal Can now owns 6,167 shares of the auto parts company's stock worth $246,000 after purchasing an additional 1,067 shares in the last quarter. Invesco Ltd. raised its position in Gentherm by 16.8% in the 4th quarter. Invesco Ltd. now owns 238,975 shares of the auto parts company's stock valued at $9,541,000 after purchasing an additional 34,353 shares during the last quarter. Barclays PLC raised its position in shares of Gentherm by 1.4% during the fourth quarter. Barclays PLC now owns 62,346 shares of the auto parts company's stock worth $2,489,000 after acquiring an additional 880 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Gentherm during the fourth quarter worth $258,000. Finally, First Trust Advisors LP increased its holdings in Gentherm by 89.5% in the fourth quarter. First Trust Advisors LP now owns 49,541 shares of the auto parts company's stock valued at $1,978,000 after purchasing an additional 23,397 shares during the last quarter. Institutional investors and hedge funds 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.