Gentherm (THRM) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentherm in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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.
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4 brokers have issued 1-year target prices for Gentherm's shares. Their THRM share price forecasts range from $61.00 to $68.00. On average, they predict the company's share price to reach $64.67 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
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Gentherm's stock was trading at $65.29 at the start of the year. Since then, THRM shares have decreased by 16.9% and is now trading at $54.26.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our THRM earnings forecast.

Gentherm Incorporated (NASDAQ:THRM) announced its quarterly earnings results on Tuesday, August, 1st. The auto parts company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. The auto parts company had revenue of $372.30 million for the quarter, compared to the consensus estimate of $368.93 million. Gentherm had a net margin of 0.85% and a trailing twelve-month return on equity of 11.25%. The company's revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

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

Gentherm issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. 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 $1.51 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."

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 $54.26.

Gentherm (NASDAQ:THRM) has a market capitalization of $1.79 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 $0.35 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.