Gentherm Inc. (NASDAQ:THRM)‘s stock had its “outperform” rating restated by analysts at FBR & Co in a report issued on Thursday.

Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Gentherm from a “hold” rating to a “sell” rating in a research note on Wednesday, November 2nd. Roth Capital set a $31.00 price target on shares of Gentherm and gave the company a “hold” rating in a research note on Monday, October 24th. TheStreet downgraded shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Tuesday, October 18th. Argus downgraded shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Friday, September 23rd. Finally, KeyCorp reaffirmed an “equal weight” rating on shares of Gentherm in a research note on Friday, September 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $40.60.

Analyst Recommendations for Gentherm (NASDAQ:THRM)

Gentherm (NASDAQ:THRM) opened at 30.15 on Thursday. The company has a 50-day moving average of $29.49 and a 200-day moving average of $33.45. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 13.96 and a beta of 1.92. Gentherm has a 52 week low of $26.60 and a 52 week high of $51.55.

Gentherm (NASDAQ:THRM) last released its quarterly earnings results on Thursday, October 27th. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.55. The firm earned $232.60 million during the quarter, compared to the consensus estimate of $242.41 million. Gentherm had a net margin of 8.84% and a return on equity of 17.29%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.76 earnings per share. On average, equities analysts forecast that Gentherm will post $2.26 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of THRM. Vanguard Group Inc. boosted its stake in Gentherm by 2.9% in the second quarter. Vanguard Group Inc. now owns 2,872,522 shares of the company’s stock worth $98,383,000 after buying an additional 79,754 shares during the last quarter. BlackRock Fund Advisors boosted its stake in Gentherm by 7.4% in the third quarter. BlackRock Fund Advisors now owns 2,472,462 shares of the company’s stock worth $77,685,000 after buying an additional 171,159 shares during the last quarter. Van Berkom & Associates Inc. boosted its stake in Gentherm by 17.9% in the third quarter. Van Berkom & Associates Inc. now owns 1,827,616 shares of the company’s stock worth $57,424,000 after buying an additional 277,136 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Gentherm by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,363,784 shares of the company’s stock worth $46,709,000 after buying an additional 4,142 shares during the last quarter. Finally, Pembroke Management LTD boosted its stake in Gentherm by 51.5% in the second quarter. Pembroke Management LTD now owns 1,034,508 shares of the company’s stock worth $35,431,000 after buying an additional 351,500 shares during the last quarter. Institutional investors and hedge funds own 90.06% of the company’s stock.

About Gentherm

Gentherm Incorporated (Gentherm) is a global technology company, which is engaged in the design, development, and manufacturing of innovative thermal management technologies and automotive cable systems. The Company has two segments: Automotive and Industrial. The Automotive segment comprises Gentherm’s three geographic operating segments: North America, Europe and Asia.

5 Day Chart for NASDAQ:THRM

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