Gentherm Inc (NASDAQ:THRM) Receives $39.40 Consensus Price Target from Analysts

Gentherm Inc (NASDAQ:THRM) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $39.40.

THRM has been the topic of a number of research analyst reports. Weiss Ratings lowered Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 9th. Roth Mkm decreased their price target on Gentherm from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Robert W. Baird decreased their price target on Gentherm from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Loop Capital set a $38.00 price target on Gentherm in a research report on Wednesday, February 25th. Finally, Stifel Nicolaus initiated coverage on Gentherm in a research report on Monday, February 23rd. They set a “buy” rating and a $41.00 price target on the stock.

Gentherm Trading Down 0.3%

THRM stock opened at $27.69 on Friday. Gentherm has a 1-year low of $22.75 and a 1-year high of $39.48. The firm has a market cap of $845.26 million, a P/E ratio of 45.39 and a beta of 1.34. The business’s 50 day moving average is $30.67 and its 200-day moving average is $34.26. The company has a current ratio of 1.92, a quick ratio of 1.30 and a debt-to-equity ratio of 0.26.

Gentherm (NASDAQ:THRM) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.08). Gentherm had a net margin of 1.22% and a return on equity of 10.07%. The company had revenue of $382.79 million during the quarter, compared to the consensus estimate of $371.91 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Equities analysts anticipate that Gentherm will post 3.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in Gentherm by 160.3% in the 4th quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock valued at $30,000 after buying an additional 500 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Gentherm in the 4th quarter valued at $35,000. Eagle Bay Advisors LLC bought a new position in Gentherm in the 4th quarter valued at $50,000. Palladiem LLC bought a new position in Gentherm in the 4th quarter valued at $52,000. Finally, Nisa Investment Advisors LLC boosted its position in Gentherm by 20.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,641 shares of the auto parts company’s stock valued at $56,000 after buying an additional 277 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

Gentherm Company Profile

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.