Gentherm (NASDAQ:THRM) Reaches New 52-Week Low - Should You Sell?

Gentherm Incorporated (NASDAQ:THRM - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $29.70 and last traded at $30.27, with a volume of 77954 shares trading hands. The stock had previously closed at $30.37.

Analysts Set New Price Targets

A number of equities analysts recently commented on THRM shares. JPMorgan Chase & Co. lowered their price target on shares of Gentherm from $56.00 to $51.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Robert W. Baird lowered their target price on shares of Gentherm from $44.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com cut Gentherm from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 26th.

Gentherm Price Performance

The firm has a market cap of $955.07 million, a P/E ratio of 14.99 and a beta of 1.45. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. The company's 50-day moving average is $35.14 and its two-hundred day moving average is $40.03.

Gentherm (NASDAQ:THRM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.39). The firm 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%. The business's revenue was down 3.8% on a year-over-year basis. During the same period last year, the company posted $0.90 EPS. Sell-side analysts anticipate that Gentherm Incorporated will post 3.1 EPS for the current fiscal year.

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Institutional Investors Weigh In On Gentherm

Large investors have recently modified their holdings of the business. Rhumbline Advisers lifted its position in shares of Gentherm by 0.3% during the 4th quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company's stock worth $3,623,000 after buying an additional 277 shares during the last quarter. Comerica Bank lifted its holdings in shares of Gentherm by 1.4% in the fourth quarter. Comerica Bank now owns 21,012 shares of the auto parts company's stock worth $839,000 after acquiring an additional 300 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Gentherm by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company's stock valued at $386,000 after purchasing an additional 314 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 463 shares during the last quarter. Finally, Quarry LP grew its holdings in shares of Gentherm by 952.9% during the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company's stock valued at $25,000 after purchasing an additional 486 shares during the last quarter. Institutional investors and hedge funds own 97.13% of the company's stock.

Gentherm Company Profile

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.