Gentherm (THRM) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gentherm in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" THRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in THRM, but not buy additional shares or sell existing shares.
View THRM analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 12-month price targets for Gentherm's shares. Their THRM share price forecasts range from $61.00 to $82.00. On average, they anticipate the company's share price to reach $74.33 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for THRM or view top-rated stocks among Wall Street analysts.

Gentherm's stock was trading at $65.29 at the beginning of 2023. Since then, THRM stock has decreased by 11.5% and is now trading at $57.79.
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Gentherm saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 745,300 shares, an increase of 19.0% from the April 30th total of 626,100 shares. Based on an average daily volume of 174,500 shares, the days-to-cover ratio is currently 4.3 days. Approximately 2.3% of the company's shares are sold short.
View Gentherm's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our THRM earnings forecast.

Gentherm Incorporated (NASDAQ:THRM) released its quarterly earnings results on Thursday, April, 27th. The auto parts company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.01. The auto parts company earned $363.60 million during the quarter, compared to analysts' expectations of $357.56 million. Gentherm had a trailing twelve-month return on equity of 9.74% and a net margin of 1.59%. Gentherm's revenue was up 35.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.41 earnings per share.

ETFs with the largest weight of Gentherm (NASDAQ:THRM) stock in their portfolio include SmartETFs Sustainable Energy II ETF (SOLR), SmartETFs Smart Transportation & TechnologyETF (MOTO), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco WilderHill Clean Energy ETF (PBW), SPDR S&P Kensho Smart Mobility ETF (HAIL), Global X Autonomous & Electric Vehicles ETF (DRIV), Invesco Nasdaq Future Gen 200 ETF (QQQS) and iShares Self-Driving EV and Tech ETF (IDRV).

Gentherm updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.45 billion-$1.55 billion, compared to the consensus revenue estimate of $1.49 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gentherm investors own include Broadcom (AVGO), Emergent BioSolutions (EBS), Mallinckrodt (MNK), MercadoLibre (MELI), Ambarella (AMBA), NXP Semiconductors (NXPI), Netflix (NFLX), Gilead Sciences (GILD), Global Payments (GPN) and Under Armour (UAA).

Gentherm trades on the NASDAQ under the ticker symbol "THRM."

Gentherm's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.63%), Trigran Investments Inc. (4.39%), State Street Corp (3.54%), Dimensional Fund Advisors LP (3.20%), Barrow Hanley Mewhinney & Strauss LLC (2.82%) and Geode Capital Management LLC (1.95%). Insiders that own company stock include Barbara J Runyon, Breisacher Nicholas, Jennifer L Zoldos, Matteo Anversa, Matthew Fisch, Paul Cameron Giberson, Phillip Eyler, Thomas Stocker, Wayne S Kauffman III and Yijing Brentano.
View institutional ownership trends.

Shares of THRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of THRM stock can currently be purchased for approximately $57.79.

Gentherm (NASDAQ:THRM) has a market capitalization of $1.91 billion and generates $1.20 billion in revenue each year. The auto parts company earns $24.44 million in net income (profit) each year or $0.61 on an earnings per share basis.

The company employs 14,568 workers across the globe.

Gentherm's mailing address is 21680 HAGGERTY ROAD, NORTHVILLE MI, 48167. The official website for the company is www.gentherm.com. The auto parts company can be reached via phone at (248) 504-0500, via email at investors@gentherm.com, or via fax at 248-348-9735.