Gentherm Inc (THRM) Given Consensus Recommendation of “Hold” by Analysts
Gentherm Inc (NASDAQ:THRM) has received an average recommendation of “Hold” from the twelve brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $40.43.
A number of research analysts have issued reports on the stock. B. Riley restated a “buy” rating on shares of Gentherm in a research note on Thursday, November 2nd. FBR & Co restated a “buy” rating and set a $45.00 price target on shares of Gentherm in a research note on Thursday, October 26th. TheStreet lowered shares of Gentherm from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th. Zacks Investment Research upgraded shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Finally, ValuEngine lowered shares of Gentherm from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.
Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of Gentherm by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,496,159 shares of the auto parts company’s stock worth $55,582,000 after acquiring an additional 25,861 shares during the period. Trigran Investments Inc. boosted its holdings in Gentherm by 35.2% during the third quarter. Trigran Investments Inc. now owns 741,784 shares of the auto parts company’s stock worth $27,558,000 after buying an additional 193,277 shares in the last quarter. Tiedemann Wealth Management LLC boosted its holdings in Gentherm by 16.2% during the third quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock worth $192,000 after buying an additional 4,378 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Gentherm by 15.3% during the third quarter. Schwab Charles Investment Management Inc. now owns 209,307 shares of the auto parts company’s stock worth $7,776,000 after buying an additional 27,845 shares in the last quarter. Finally, Zeke Capital Advisors LLC purchased a new stake in Gentherm during the third quarter worth $228,000. Hedge funds and other institutional investors own 97.90% of the company’s stock.
Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.33). The firm had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. Gentherm had a return on equity of 12.82% and a net margin of 6.89%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 EPS. analysts anticipate that Gentherm will post 1.63 EPS for the current year.
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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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