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 1.8 %

THRM Stock traded up $1.20 during midday trading on Tuesday, hitting $68.87. The company's stock had a trading volume of 106,043 shares, compared to its average volume of 199,222. The stock has a market capitalization of $2.28 billion, a P/E ratio of 42.25 and a beta of 1.18. The company's fifty day moving average price is $62.92 and its 200 day moving average price is $69.94. Gentherm has a twelve month low of $55.02 and a twelve month high of $99.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.48 and a quick ratio of 1.69.

Gentherm (NASDAQ:THRM - Get Rating) last released its quarterly earnings data on Tuesday, August 2nd. The auto parts company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.16). The firm had revenue of $260.70 million for the quarter, compared to analyst estimates of $258.79 million. Gentherm had a return on equity of 9.13% and a net margin of 5.35%. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 earnings per share. As a group, equities research analysts predict that Gentherm will post 1.92 EPS for the current year.

Analysts Set New Price Targets

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

Insider Transactions at Gentherm

In other news, SVP Thomas Stocker sold 2,500 shares of the business's stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of $70.06, for a total transaction of $175,150.00. Following the transaction, the senior vice president now directly owns 9,410 shares in the company, valued at approximately $659,264.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.32% of the stock is owned by company insiders.