Gentherm (NASDAQ:THRM - Get Free Report) had its target price increased by stock analysts at Robert W. Baird from $27.00 to $28.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the auto parts company's stock. Robert W. Baird's target price would indicate a potential upside of 13.41% from the company's current price.
A number of other equities analysts have also weighed in on THRM. JPMorgan Chase & Co. decreased their price target on shares of Gentherm from $56.00 to $51.00 and set a "neutral" rating on the stock in a report on Monday, January 27th. StockNews.com lowered shares of Gentherm from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 26th.
View Our Latest Report on THRM
Gentherm Price Performance
Shares of THRM stock traded down $0.05 during trading hours on Friday, hitting $24.69. The company's stock had a trading volume of 647,956 shares, compared to its average volume of 245,822. Gentherm has a twelve month low of $22.75 and a twelve month high of $56.72. The business has a fifty day moving average of $28.56 and a 200-day moving average of $36.33. The stock has a market cap of $760.18 million, a price-to-earnings ratio of 11.93 and a beta of 1.46. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.36.
Gentherm (NASDAQ:THRM - Get Free Report) last announced its earnings results on Thursday, April 24th. The auto parts company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The firm had revenue of $353.85 million for the quarter, compared to analyst estimates of $347.39 million. During the same quarter last year, the business earned $0.62 earnings per share. Gentherm's revenue was down .6% compared to the same quarter last year. As a group, equities research analysts anticipate that Gentherm will post 3.1 EPS for the current year.
Insider Transactions at Gentherm
In related news, CEO William T. Presley bought 3,000 shares of the firm's stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $24.67 per share, with a total value of $74,010.00. Following the completion of the transaction, the chief executive officer now directly owns 161,103 shares of the company's stock, valued at approximately $3,974,411.01. This represents a 1.90 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.40% of the company's stock.
Institutional Investors Weigh In On Gentherm
A number of hedge funds have recently bought and sold shares of THRM. Barclays PLC grew its stake in Gentherm by 234.8% during the 3rd quarter. Barclays PLC now owns 61,466 shares of the auto parts company's stock valued at $2,861,000 after purchasing an additional 43,108 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Gentherm by 46.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 67,831 shares of the auto parts company's stock valued at $3,158,000 after purchasing an additional 21,376 shares in the last quarter. Moody National Bank Trust Division grew its stake in Gentherm by 48.3% during the 4th quarter. Moody National Bank Trust Division now owns 17,791 shares of the auto parts company's stock valued at $710,000 after purchasing an additional 5,795 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Gentherm by 34.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 5,994 shares of the auto parts company's stock worth $239,000 after acquiring an additional 1,525 shares in the last quarter. Finally, Inspire Investing LLC grew its position in shares of Gentherm by 14.5% in the 4th quarter. Inspire Investing LLC now owns 10,091 shares of the auto parts company's stock worth $403,000 after acquiring an additional 1,276 shares in the last quarter. Institutional investors and hedge funds own 97.13% of the company's stock.
About Gentherm
(
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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.
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