Gentherm - THRM Stock Forecast, Price & News

Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. 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 that utilize proprietary electronics technology and software; and other climate comfort systems, including neck conditioners and climate control system products for door panels, armrests, cupholders, and storage bins. It also provides battery performance solutions comprising cell connecting devices and battery cable technologies used for various types of automotive batteries, as well as thermal management products for heating and cooling 12 volts, 48 volts, and high voltage batteries and battery modules; and automotive electronic and software systems, including electronic control units for climate comfort systems, as well as for memory seat modules and other devices. This segment serves light vehicle original equipment manufacturers and first tier suppliers, such as automotive seat manufacturers, as well as aftermarket seat distributors and installers. The Medical segment offers patient temperature management systems. The company provides its products and services in the United States, Germany, Canada, China, Hungary, Japan, South Korea, Romania, Macedonia, Malta, Mexico, the United Kingdom, Ukraine, and Vietnam. The company was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. Gentherm Incorporated was incorporated in 1991 and is headquartered in Northville, Michigan.

Gentherm Stock Performance

Shares of THRM Stock opened at $68.05 on Friday. The firm has a 50 day moving average of $63.07 and a two-hundred day moving average of $70.34. The stock has a market capitalization of $2.26 billion, a PE ratio of 41.75 and a beta of 1.18. The company has a quick ratio of 1.69, a current ratio of 2.48 and a debt-to-equity ratio of 0.05. Gentherm has a 52 week low of $55.02 and a 52 week high of $99.00.

Gentherm (NASDAQ:THRM - Get Rating) last released its earnings results on Tuesday, August 2nd. The auto parts company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.16). Gentherm had a net margin of 5.35% and a return on equity of 9.13%. The company had revenue of $260.70 million during the quarter, compared to analysts' expectations of $258.79 million. During the same quarter last year, the business posted $0.85 earnings per share. The company's revenue for the quarter was down 2.0% on a year-over-year basis. On average, research analysts predict that Gentherm will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TheStreet lowered shares of Gentherm from a "b" rating to a "c+" rating in a research report on Friday, May 20th. Craig Hallum lowered their price target on shares of Gentherm to $80.00 in a research report on Tuesday. Finally, Roth Capital reaffirmed a "buy" rating on shares of Gentherm in a research note on Thursday, May 5th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Gentherm presently has an average rating of "Moderate Buy" and an average price target of $95.20.

Insider Buying and Selling

In related news, SVP Thomas Stocker sold 2,500 shares of Gentherm stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $70.06, for a total value of $175,150.00. Following the completion of the transaction, the senior vice president now owns 9,410 shares in the company, valued at $659,264.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.32% of the company's stock.