B. Riley Weighs in on Gentherm Inc’s FY2017 Earnings (THRM)
Gentherm Inc (NASDAQ:THRM) – Equities research analysts at B. Riley issued their FY2017 earnings estimates for shares of Gentherm in a report issued on Thursday. B. Riley analyst C. Horn anticipates that the auto parts company will post earnings per share of $1.63 for the year. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Gentherm’s Q4 2017 earnings at $0.53 EPS, Q1 2018 earnings at $0.67 EPS, Q2 2018 earnings at $0.61 EPS, Q3 2018 earnings at $0.67 EPS, Q4 2018 earnings at $0.73 EPS and FY2018 earnings at $2.68 EPS.
Gentherm (NASDAQ:THRM) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.33). The company had revenue of $235.85 million for the quarter, compared to analysts’ expectations of $235.94 million. Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 EPS. COPYRIGHT VIOLATION NOTICE: “B. Riley Weighs in on Gentherm Inc’s FY2017 Earnings (THRM)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/11/08/b-riley-weighs-in-on-gentherm-incs-fy2017-earnings-thrm.html.
Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Gentherm from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. BidaskClub cut shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. FBR & Co restated a “buy” rating and set a $45.00 target price on shares of Gentherm in a research report on Thursday, October 26th. Barrington Research cut their target price on shares of Gentherm from $47.00 to $43.00 and set an “outperform” rating for the company in a research report on Friday, July 28th. Finally, TheStreet cut shares of Gentherm from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $40.75.
Shares of Gentherm (THRM) opened at $33.40 on Monday. The company has a market cap of $1,220.00, a PE ratio of 18.71, a P/E/G ratio of 1.02 and a beta of 1.94. Gentherm has a fifty-two week low of $26.60 and a fifty-two week high of $40.80. The company has a current ratio of 3.23, a quick ratio of 2.47 and a debt-to-equity ratio of 0.26.
Several large investors have recently bought and sold shares of the company. BlackRock Inc. raised its position in shares of 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 last quarter. Vanguard Group Inc. raised its holdings in Gentherm by 0.5% in the second quarter. Vanguard Group Inc. now owns 3,227,072 shares of the auto parts company’s stock valued at $125,210,000 after acquiring an additional 14,890 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its holdings 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 acquiring an additional 532,415 shares in the last quarter. Van Berkom & Associates Inc. raised its holdings in Gentherm by 2.9% in the second quarter. Van Berkom & Associates Inc. now owns 1,850,238 shares of the auto parts company’s stock valued at $71,789,000 after acquiring an additional 51,960 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Gentherm by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,470,298 shares of the auto parts company’s stock valued at $57,048,000 after acquiring an additional 14,626 shares in the last quarter. 95.51% of the stock is owned by institutional investors and hedge funds.
Gentherm Company Profile
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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