Equities analysts predict that Gentherm Inc (NASDAQ:THRM) will announce earnings of $0.52 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Gentherm’s earnings, with the highest EPS estimate coming in at $0.57 and the lowest estimate coming in at $0.43. Gentherm reported earnings of $0.55 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 5.5%. The business is scheduled to issue its next quarterly earnings results on Thursday, October 26th.

According to Zacks, analysts expect that Gentherm will report full year earnings of $1.95 per share for the current year, with EPS estimates ranging from $1.86 to $2.04. For the next year, analysts expect that the firm will report earnings of $2.54 per share, with EPS estimates ranging from $2.27 to $2.75. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Gentherm.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.61 by $0.38. Gentherm had a net margin of 8.34% and a return on equity of 16.34%. The business had revenue of $243.40 million during the quarter, compared to analyst estimates of $244.48 million. During the same quarter last year, the company posted $0.59 earnings per share. The company’s revenue was up 4.6% compared to the same quarter last year.

A number of brokerages recently issued reports on THRM. BMO Capital Markets raised their price target on Gentherm from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, July 14th. BidaskClub downgraded Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Zacks Investment Research downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, FBR & Co reiterated an “outperform” rating and set a $45.00 target price on shares of Gentherm in a research report on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Gentherm currently has an average rating of “Hold” and an average price target of $40.75.

Shares of Gentherm (THRM) remained flat at $30.20 during trading on Friday. 115,810 shares of the company were exchanged. The stock’s 50-day moving average price is $34.54 and its 200-day moving average price is $36.47. The company has a market cap of $1.11 billion, a P/E ratio of 13.86 and a beta of 1.93. Gentherm has a one year low of $26.60 and a one year high of $40.80.

In other news, VP Erin Erwine Ascher sold 1,800 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $39.17, for a total transaction of $70,506.00. Following the transaction, the vice president now owns 23,839 shares in the company, valued at $933,773.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.30% of the company’s stock.

A number of institutional investors have recently bought and sold shares of THRM. BlackRock Inc. raised its position in Gentherm by 152,589.9% in the first quarter. BlackRock Inc. now owns 4,608,180 shares of the auto parts company’s stock valued at $180,872,000 after buying an additional 4,605,162 shares during the period. Disciplined Growth Investors Inc. MN raised its position in Gentherm by 39.3% in the second quarter. Disciplined Growth Investors Inc. MN now owns 1,885,661 shares of the auto parts company’s stock valued at $73,164,000 after buying an additional 532,415 shares during the period. Janus Henderson Group PLC bought a new position in Gentherm during the second quarter valued at about $18,221,000. Snow Capital Management LP raised its position in Gentherm by 612.6% in the first quarter. Snow Capital Management LP now owns 256,545 shares of the auto parts company’s stock valued at $10,069,000 after buying an additional 220,545 shares during the period. Finally, Vanguard Group Inc. raised its position in Gentherm by 7.3% in the first quarter. Vanguard Group Inc. now owns 3,212,182 shares of the auto parts company’s stock valued at $126,078,000 after buying an additional 218,171 shares during the period. Institutional investors own 98.19% of the company’s stock.

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About Gentherm

Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.

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Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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