Gentherm (THRM) Stock Rating Upgraded by ValuEngine

Gentherm (NASDAQ:THRM) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Other equities research analysts have also issued research reports about the company. Buckingham Research lifted their price objective on Gentherm from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, October 3rd. Barrington Research reissued a “buy” rating and issued a $50.00 price objective on shares of Gentherm in a report on Thursday, July 26th. BidaskClub lowered Gentherm from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 8th. Zacks Investment Research raised Gentherm from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Wednesday, August 29th. Finally, TheStreet raised Gentherm from a “c+” rating to a “b” rating in a report on Friday, July 27th. Three analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. Gentherm presently has an average rating of “Hold” and a consensus target price of $44.20.

Shares of THRM opened at $42.34 on Friday. Gentherm has a fifty-two week low of $30.17 and a fifty-two week high of $50.30. The stock has a market capitalization of $1.41 billion, a P/E ratio of 18.33 and a beta of 1.60. The company has a quick ratio of 1.91, a current ratio of 2.60 and a debt-to-equity ratio of 0.19.



Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, October 25th. The auto parts company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.05). Gentherm had a return on equity of 11.97% and a net margin of 3.04%. The firm had revenue of $258.94 million during the quarter, compared to analysts’ expectations of $261.61 million. Sell-side analysts expect that Gentherm will post 2.39 earnings per share for the current year.

In other Gentherm news, insider Frithjof Oldorff sold 20,000 shares of Gentherm stock in a transaction dated Thursday, September 20th. The stock was sold at an average price of $49.15, for a total transaction of $983,000.00. Following the completion of the transaction, the insider now owns 57,442 shares of the company’s stock, valued at approximately $2,823,274.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald T. Hundzinski bought 1,500 shares of Gentherm stock in a transaction on Friday, August 3rd. The shares were bought at an average cost of $45.90 per share, with a total value of $68,850.00. Following the acquisition, the director now directly owns 9,831 shares in the company, valued at $451,242.90. The disclosure for this purchase can be found here. 3.10% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of THRM. Krane Funds Advisors LLC boosted its position in shares of Gentherm by 19.1% during the 2nd quarter. Krane Funds Advisors LLC now owns 8,763 shares of the auto parts company’s stock valued at $344,000 after acquiring an additional 1,403 shares during the last quarter. Zions Bancorporation boosted its position in shares of Gentherm by 55.2% during the 2nd quarter. Zions Bancorporation now owns 4,275 shares of the auto parts company’s stock valued at $168,000 after acquiring an additional 1,520 shares during the last quarter. UBS Group AG boosted its position in shares of Gentherm by 1.6% during the 1st quarter. UBS Group AG now owns 116,841 shares of the auto parts company’s stock valued at $3,967,000 after acquiring an additional 1,806 shares during the last quarter. Sei Investments Co. boosted its position in shares of Gentherm by 59.0% during the 2nd quarter. Sei Investments Co. now owns 4,915 shares of the auto parts company’s stock valued at $193,000 after acquiring an additional 1,824 shares during the last quarter. Finally, Xact Kapitalforvaltning AB boosted its position in shares of Gentherm by 20.4% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 11,816 shares of the auto parts company’s stock valued at $537,000 after acquiring an additional 2,000 shares during the last quarter.

About Gentherm

Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

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Analyst Recommendations for Gentherm (NASDAQ:THRM)

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