FY2018 Earnings Estimate for Gentherm Inc (THRM) Issued By Barrington Research

Gentherm Inc (NASDAQ:THRM) – Analysts at Barrington Research issued their FY2018 earnings estimates for shares of Gentherm in a note issued to investors on Tuesday, January 8th. Barrington Research analyst G. Prestopino expects that the auto parts company will earn $2.25 per share for the year. Barrington Research has a “Buy” rating and a $50.00 price objective on the stock. Barrington Research also issued estimates for Gentherm’s Q4 2018 earnings at $0.64 EPS, Q1 2019 earnings at $0.65 EPS, Q2 2019 earnings at $0.65 EPS, Q3 2019 earnings at $0.63 EPS and Q4 2019 earnings at $0.77 EPS.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings results on Thursday, October 25th. The auto parts company reported $0.54 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.05). The business had revenue of $258.94 million for the quarter, compared to the consensus estimate of $261.61 million. Gentherm had a net margin of 2.31% and a return on equity of 14.28%.



A number of other analysts also recently weighed in on the company. Zacks Investment Research downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Friday, September 28th. BidaskClub downgraded Gentherm from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Buckingham Research boosted their target price on Gentherm from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 3rd. ValuEngine upgraded Gentherm from a “hold” rating to a “buy” rating in a research report on Saturday, October 27th. Finally, TheStreet downgraded Gentherm from a “b” rating to a “c” rating in a research report on Thursday, October 25th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $43.33.

Shares of THRM opened at $42.57 on Thursday. The stock has a market cap of $1.51 billion, a PE ratio of 18.43 and a beta of 1.40. The company has a quick ratio of 1.94, a current ratio of 2.55 and a debt-to-equity ratio of 0.18. Gentherm has a 12-month low of $30.17 and a 12-month high of $50.30.

A number of hedge funds have recently made changes to their positions in THRM. grace capital purchased a new position in shares of Gentherm during the second quarter valued at approximately $157,000. Janus Henderson Group PLC purchased a new position in shares of Gentherm during the third quarter valued at approximately $204,000. LPL Financial LLC purchased a new position in shares of Gentherm during the third quarter valued at approximately $206,000. Sei Investments Co. increased its stake in shares of Gentherm by 59.0% during the second quarter. Sei Investments Co. now owns 4,915 shares of the auto parts company’s stock valued at $193,000 after buying an additional 1,824 shares during the period. Finally, Equitable Trust Co. purchased a new position in shares of Gentherm during the third quarter valued at approximately $227,000.

In other Gentherm news, VP Kenneth John Phillips sold 8,500 shares of the business’s stock in a transaction that occurred on Thursday, November 29th. The stock was sold at an average price of $45.93, for a total value of $390,405.00. Following the completion of the sale, the vice president now owns 31,698 shares in the company, valued at $1,455,889.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Barry G. Steele sold 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, December 18th. The shares were sold at an average price of $41.50, for a total value of $91,300.00. Following the completion of the sale, the chief financial officer now owns 58,848 shares of the company’s stock, valued at approximately $2,442,192. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.

Gentherm Company Profile

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.

Further Reading: Growth Stocks

Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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