Q4 2024 EPS Estimates for Gentherm Incorporated Decreased by Analyst (NASDAQ:THRM)

Gentherm Incorporated (NASDAQ:THRM) – Research analysts at Roth Capital lowered their Q4 2024 earnings per share estimates for Gentherm in a research note issued to investors on Wednesday, May 1st. Roth Capital analyst M. Koranda now expects that the auto parts company will post earnings per share of $0.86 for the quarter, down from their previous estimate of $0.88. The consensus estimate for Gentherm’s current full-year earnings is $2.93 per share. Roth Capital also issued estimates for Gentherm’s Q1 2025 earnings at $0.75 EPS and Q2 2025 earnings at $0.85 EPS.

THRM has been the subject of a number of other research reports. Robert W. Baird cut their price objective on shares of Gentherm from $67.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. cut their price objective on shares of Gentherm from $63.00 to $60.00 and set an “underweight” rating for the company in a research report on Monday, April 22nd. Finally, StockNews.com raised shares of Gentherm from a “hold” rating to a “buy” rating in a research report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $65.75.

Gentherm Stock Performance

Shares of NASDAQ THRM opened at $51.23 on Friday. The company has a 50-day simple moving average of $54.04 and a 200-day simple moving average of $50.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.10 and a quick ratio of 1.48. The company has a market cap of $1.62 billion, a PE ratio of 35.09 and a beta of 1.49. Gentherm has a 12 month low of $38.21 and a 12 month high of $66.54.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Tuesday, April 30th. The auto parts company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.19. Gentherm had a return on equity of 13.56% and a net margin of 3.23%. The business had revenue of $356.00 million for the quarter, compared to analyst estimates of $361.11 million. During the same quarter last year, the company earned $0.49 earnings per share. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year.

Hedge Funds Weigh In On Gentherm

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quadrant Capital Group LLC increased its position in Gentherm by 211.4% during the fourth quarter. Quadrant Capital Group LLC now owns 1,149 shares of the auto parts company’s stock worth $60,000 after purchasing an additional 780 shares during the last quarter. TFO Wealth Partners LLC increased its position in Gentherm by 44,050.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,766 shares of the auto parts company’s stock worth $92,000 after purchasing an additional 1,762 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Gentherm by 14.9% during the third quarter. PNC Financial Services Group Inc. now owns 2,123 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 276 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Gentherm during the third quarter worth approximately $207,000. Finally, Panagora Asset Management Inc. acquired a new position in Gentherm during the third quarter worth approximately $210,000. Institutional investors and hedge funds own 97.13% of the company’s stock.

Insider Buying and Selling

In related news, CEO Phillip Eyler sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $55.17, for a total transaction of $827,550.00. Following the completion of the transaction, the chief executive officer now owns 147,317 shares of the company’s stock, valued at $8,127,478.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.91% of the stock is currently owned by company insiders.

About Gentherm

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. 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; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.