Gentherm Incorporated (NASDAQ:THRM - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $37.90 and last traded at $38.25, with a volume of 144555 shares. The stock had previously closed at $39.53.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a report on Monday, January 27th. Robert W. Baird dropped their target price on shares of Gentherm from $54.00 to $50.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Craig Hallum decreased their target price on Gentherm from $85.00 to $65.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Finally, StockNews.com upgraded Gentherm from a "buy" rating to a "strong-buy" rating in a research report on Saturday.
Read Our Latest Report on Gentherm
Gentherm Trading Up 2.6 %
The stock has a 50-day simple moving average of $40.08 and a 200 day simple moving average of $44.15. 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 $1.15 billion, a price-to-earnings ratio of 17.36 and a beta of 1.42.
Insider Buying and Selling
In other Gentherm news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm 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 transaction, the senior vice president now owns 18,947 shares of the company's stock, valued at approximately $795,774. The trade was a 11.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total transaction of $55,659.10. Following the sale, the senior vice president now directly owns 13,413 shares in the company, valued at approximately $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. 1.91% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in THRM. Quarry LP raised its position in Gentherm by 952.9% during the third quarter. Quarry LP now owns 537 shares of the auto parts company's stock worth $25,000 after acquiring an additional 486 shares during the period. Gladius Capital Management LP acquired a new position in shares of Gentherm during the 3rd quarter worth about $44,000. KBC Group NV lifted its stake in Gentherm by 82.2% in the 4th quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock valued at $73,000 after buying an additional 822 shares in the last quarter. MeadowBrook Investment Advisors LLC boosted its holdings in Gentherm by 8.4% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 3,360 shares of the auto parts company's stock worth $156,000 after buying an additional 260 shares during the last quarter. Finally, Palouse Capital Management Inc. boosted its stake in Gentherm by 91.6% during the 4th quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company's stock worth $143,000 after purchasing an additional 1,714 shares during the last quarter. 97.13% of the stock is owned by institutional investors and hedge funds.
Gentherm Company Profile
(
Get Free Report)
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.
See Also
Before you consider Gentherm, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gentherm wasn't on the list.
While Gentherm currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.