Gentherm Inc (NASDAQ:THRM) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Gentherm Inc (NASDAQ:THRM - Get Free Report) have received a consensus rating of "Moderate Buy" from the six brokerages that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $43.00.

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Gentherm from $38.00 to $43.00 and gave the company a "neutral" rating in a research report on Monday, October 20th. Wall Street Zen raised shares of Gentherm from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 25th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Gentherm in a research report on Tuesday. Zacks Research cut shares of Gentherm from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Roth Capital reiterated a "buy" rating and set a $44.00 price objective on shares of Gentherm in a report on Friday, October 24th.

Get Our Latest Stock Analysis on Gentherm

Hedge Funds Weigh In On Gentherm

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP lifted its stake in shares of Gentherm by 1,609.1% in the 2nd quarter. Allworth Financial LP now owns 940 shares of the auto parts company's stock valued at $27,000 after purchasing an additional 885 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Gentherm by 16,716.7% in the second quarter. Hantz Financial Services Inc. now owns 1,009 shares of the auto parts company's stock worth $29,000 after buying an additional 1,003 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Gentherm by 295.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,364 shares of the auto parts company's stock worth $39,000 after acquiring an additional 1,019 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Gentherm by 455.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,434 shares of the auto parts company's stock valued at $41,000 after acquiring an additional 1,176 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Gentherm by 168.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the auto parts company's stock valued at $54,000 after acquiring an additional 1,201 shares in the last quarter. Institutional investors own 97.13% of the company's stock.

Gentherm Stock Up 0.1%

Shares of Gentherm stock opened at $35.71 on Friday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 35.71 and a beta of 1.46. Gentherm has a twelve month low of $22.75 and a twelve month high of $43.99. The company has a current ratio of 1.96, a quick ratio of 1.33 and a debt-to-equity ratio of 0.26. The business's 50 day simple moving average is $35.41 and its 200-day simple moving average is $32.86.

Gentherm (NASDAQ:THRM - Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The auto parts company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.09. Gentherm had a return on equity of 9.55% and a net margin of 2.08%.The business had revenue of $386.87 million during the quarter, compared to analyst estimates of $374.75 million. During the same period in the prior year, the company posted $0.75 EPS. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. Gentherm has set its FY 2025 guidance at EPS. Equities research analysts forecast that Gentherm will post 3.1 earnings per share for the current year.

About Gentherm

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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