Gentherm (NASDAQ:THRM) Sets New 1-Year Low - What's Next?

Gentherm Incorporated (NASDAQ:THRM - Get Free Report)'s stock price hit a new 52-week low on Monday . The company traded as low as $38.08 and last traded at $38.08, with a volume of 45600 shares. The stock had previously closed at $38.63.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Robert W. Baird reduced their price objective on Gentherm from $54.00 to $50.00 and set a "neutral" rating for the company in a research note on Thursday, October 31st. JPMorgan Chase & Co. upgraded shares of Gentherm from an "underweight" rating to a "neutral" rating and set a $56.00 price target on the stock in a report on Monday, October 21st. Finally, Craig Hallum lowered their price objective on shares of Gentherm from $85.00 to $65.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st.

Gentherm Trading Down 0.8 %

The business's 50-day simple moving average is $42.00 and its 200-day simple moving average is $46.62. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34. The company has a market cap of $1.19 billion, a PE ratio of 17.91 and a beta of 1.42.

Gentherm (NASDAQ:THRM - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.09. The firm had revenue of $371.50 million for the quarter, compared to the consensus estimate of $372.89 million. Gentherm had a return on equity of 14.36% and a net margin of 4.61%. The firm's revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.64 earnings per share. As a group, analysts expect that Gentherm Incorporated will post 2.71 EPS for the current fiscal year.

Insider Buying and Selling at Gentherm

In related news, SVP Hui (Helen) Xu sold 2,500 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $42.00, for a total value of $105,000.00. Following the sale, the senior vice president now owns 18,947 shares of the company's stock, valued at $795,774. The trade was a 11.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Thomas Stocker sold 1,295 shares of Gentherm stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total value of $55,659.10. Following the sale, the senior vice president now directly owns 13,413 shares in the company, valued at $576,490.74. The trade was a 8.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.91% of the company's stock.

Institutional Trading of Gentherm

Several hedge funds have recently modified their holdings of the company. Van Berkom & Associates Inc. increased its stake in shares of Gentherm by 1.5% in the second quarter. Van Berkom & Associates Inc. now owns 1,364,291 shares of the auto parts company's stock valued at $67,287,000 after buying an additional 20,371 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its stake in shares of Gentherm by 2.0% in the third quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company's stock worth $54,448,000 after acquiring an additional 23,051 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Gentherm by 3.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,146,375 shares of the auto parts company's stock worth $56,539,000 after purchasing an additional 37,365 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Gentherm by 1.1% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 951,798 shares of the auto parts company's stock valued at $46,943,000 after purchasing an additional 10,402 shares during the last quarter. Finally, Global Alpha Capital Management Ltd. increased its holdings in shares of Gentherm by 22.6% in the third quarter. Global Alpha Capital Management Ltd. now owns 632,673 shares of the auto parts company's stock valued at $29,451,000 after purchasing an additional 116,500 shares in the last quarter. Institutional investors and hedge funds own 97.13% of the company's stock.

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.