Gentherm Incorporated (NASDAQ:THRM - Get Free Report) SVP Thomas Stocker sold 1,295 shares of Gentherm stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total value of $55,659.10. Following the completion of the transaction, the senior vice president now owns 13,413 shares in the company, valued at $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Gentherm Stock Up 0.1 %
NASDAQ:THRM opened at $43.57 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34. Gentherm Incorporated has a twelve month low of $39.86 and a twelve month high of $62.93. The company has a market cap of $1.35 billion, a PE ratio of 20.36 and a beta of 1.42. The company's 50 day moving average is $42.41 and its two-hundred day moving average is $47.40.
Gentherm (NASDAQ:THRM - Get Free Report) last released its earnings results on Wednesday, October 30th. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. Gentherm had a return on equity of 14.36% and a net margin of 4.61%. The firm had revenue of $371.50 million for the quarter, compared to the consensus estimate of $372.89 million. During the same period in the prior year, the firm earned $0.64 EPS. The firm's revenue was up 1.4% on a year-over-year basis. Analysts anticipate that Gentherm Incorporated will post 2.71 EPS for the current year.
Wall Street Analysts Forecast Growth
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Several equities analysts have issued reports on the company. Craig Hallum cut their target price on Gentherm from $85.00 to $65.00 and set a "buy" rating on the stock in a research note on Thursday, October 31st. Robert W. Baird reduced their price objective on shares of Gentherm from $54.00 to $50.00 and set a "neutral" rating for the company in a research note on Thursday, October 31st. Finally, JPMorgan Chase & Co. upgraded shares of Gentherm from an "underweight" rating to a "neutral" rating and set a $56.00 target price for the company in a research note on Monday, October 21st.
Read Our Latest Stock Report on Gentherm
Institutional Investors Weigh In On Gentherm
A number of large investors have recently bought and sold shares of THRM. SG Americas Securities LLC boosted its position in Gentherm by 1,317.7% in the second quarter. SG Americas Securities LLC now owns 25,590 shares of the auto parts company's stock valued at $1,262,000 after buying an additional 23,785 shares during the last quarter. Legato Capital Management LLC boosted its position in Gentherm by 41.0% in the second quarter. Legato Capital Management LLC now owns 23,959 shares of the auto parts company's stock valued at $1,182,000 after buying an additional 6,964 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Gentherm by 7.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,923 shares of the auto parts company's stock valued at $391,000 after buying an additional 581 shares during the last quarter. Pembroke Management LTD boosted its position in Gentherm by 16.6% in the second quarter. Pembroke Management LTD now owns 319,230 shares of the auto parts company's stock valued at $15,744,000 after buying an additional 45,403 shares during the last quarter. Finally, Roubaix Capital LLC boosted its position in Gentherm by 16.7% in the second quarter. Roubaix Capital LLC now owns 53,647 shares of the auto parts company's stock valued at $2,646,000 after buying an additional 7,671 shares during the last quarter. Hedge funds and other institutional investors own 97.13% of the company's stock.
Gentherm Company Profile
(
Get Free Report)
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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