Equities research analysts expect Gentherm Inc (NASDAQ:THRM) to announce earnings per share (EPS) of $0.58 for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Gentherm’s earnings. The lowest EPS estimate is $0.56 and the highest is $0.62. Gentherm reported earnings of $0.61 per share during the same quarter last year, which indicates a negative year over year growth rate of 4.9%. The business is scheduled to issue its next earnings report before the market opens on Thursday, February 21st.
According to Zacks, analysts expect that Gentherm will report full-year earnings of $2.21 per share for the current fiscal year, with EPS estimates ranging from $2.19 to $2.23. For the next year, analysts expect that the company will post earnings of $2.50 per share, with EPS estimates ranging from $2.39 to $2.59. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Gentherm.
A number of analysts recently commented on the company. Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a research report on Saturday, January 19th. BidaskClub upgraded Gentherm from a “sell” rating to a “hold” rating in a research report on Tuesday, October 30th. Barrington Research reiterated a “buy” rating and set a $50.00 price objective on shares of Gentherm in a research report on Tuesday. CL King assumed coverage on Gentherm in a research report on Thursday, December 20th. They set a “neutral” rating for the company. Finally, ValuEngine upgraded Gentherm from a “hold” rating to a “buy” rating in a research report on Saturday, October 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $43.33.
Shares of THRM stock opened at $42.88 on Friday. Gentherm has a fifty-two week low of $30.45 and a fifty-two week high of $50.30. The firm has a market capitalization of $1.50 billion, a PE ratio of 18.56 and a beta of 1.34. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.55 and a quick ratio of 1.94.
In related news, VP Kenneth John Phillips sold 8,500 shares of the firm’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $45.93, for a total transaction of $390,405.00. Following the sale, the vice president now directly owns 31,698 shares in the company, valued at approximately $1,455,889.14. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Barry G. Steele sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, December 18th. The shares were sold at an average price of $41.50, for a total value of $91,300.00. Following the sale, the chief financial officer now owns 58,848 shares in the company, valued at $2,442,192. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.
Large investors have recently made changes to their positions in the stock. Karp Capital Management Corp purchased a new stake in shares of Gentherm during the 4th quarter valued at about $34,000. Quantamental Technologies LLC purchased a new stake in shares of Gentherm during the 4th quarter valued at about $35,000. Strs Ohio raised its holdings in shares of Gentherm by 800.0% during the 4th quarter. Strs Ohio now owns 900 shares of the auto parts company’s stock valued at $35,000 after buying an additional 800 shares during the period. Advisor Group Inc. raised its holdings in shares of Gentherm by 70.1% during the 4th quarter. Advisor Group Inc. now owns 1,354 shares of the auto parts company’s stock valued at $54,000 after buying an additional 558 shares during the period. Finally, NumerixS Investment Technologies Inc purchased a new stake in shares of Gentherm during the 4th quarter valued at about $55,000.
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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