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 Up 3.2 %

Shares of NASDAQ:THRM opened at $68.05 on Monday. The company has a market capitalization of $2.26 billion, a PE ratio of 41.75 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.48 and a quick ratio of 1.69. The business has a fifty day moving average price of $63.07 and a two-hundred day moving average price of $70.07. Gentherm has a 1 year low of $55.02 and a 1 year high of $99.00.

Gentherm (NASDAQ:THRM - Get Rating) last announced its quarterly earnings data 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). The business had revenue of $260.70 million during the quarter, compared to the consensus estimate of $258.79 million. Gentherm had a net margin of 5.35% and a return on equity of 9.13%. The firm's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 EPS. Analysts forecast that Gentherm will post 1.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on THRM. TheStreet lowered Gentherm from a "b" rating to a "c+" rating in a research report on Friday, May 20th. Roth Capital reissued a "buy" rating on shares of Gentherm in a research report on Thursday, May 5th. Finally, Craig Hallum lowered their price target on Gentherm to $80.00 in a research report on Tuesday, August 9th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $95.20.

Insider Buying and Selling at Gentherm

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