Gentherm (NASDAQ:THRM) Releases Quarterly Earnings Results, Misses Expectations By $0.39 EPS

Gentherm (NASDAQ:THRM - Get Free Report) issued its quarterly earnings data on Wednesday. The auto parts company reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.68 by ($0.39), Zacks reports. The company had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. Gentherm's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.90 earnings per share. Gentherm updated its FY 2025 guidance to EPS.

Gentherm Stock Performance

Shares of NASDAQ:THRM traded down $0.37 on Friday, hitting $33.08. The company's stock had a trading volume of 300,313 shares, compared to its average volume of 247,609. Gentherm has a 12 month low of $30.25 and a 12 month high of $59.84. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 15.98 and a beta of 1.42. The stock's 50-day moving average is $38.31 and its two-hundred day moving average is $42.78. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01.

Insider Transactions at Gentherm

In other news, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total value of $55,659.10. Following the completion of the transaction, the senior vice president now owns 13,413 shares of the company's stock, valued at approximately $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Hui (Helen) Xu sold 2,500 shares of the company's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total value of $105,000.00. Following the completion of the sale, the senior vice president now owns 18,947 shares of the company's stock, valued at approximately $795,774. This trade represents a 11.66 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.91% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on THRM. StockNews.com upgraded Gentherm from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. JPMorgan Chase & Co. lowered their price objective on Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Craig Hallum lowered their price objective on Gentherm from $85.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. Finally, Robert W. Baird lowered their price objective on Gentherm from $44.00 to $39.00 and set a "neutral" rating for the company in a research note on Thursday.

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.