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Research Analysts’ Recent Ratings Changes for Gentherm (THRM)

A number of research firms have changed their ratings and price targets for Gentherm (NASDAQ: THRM):

5/1/2018 – Gentherm was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Gentherm Inc. is a developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. The Company offers heated seating, climate seating, electronics, and cables for the automotive markets. It is also building thermoelectric generators to capture the heat and convert it into electricity for various applications in automotive, industrial, and materials sectors. Gentherm Inc., formerly known as Amerigon Incorporated, is based in Northville, Michigan. “ 5/1/2018 – Gentherm had its price target lowered by analysts at Buckingham Research from $36.00 to $35.00. They now have a “neutral” rating on the stock. 4/29/2018 – Gentherm was given a new $26.00 price target on by analysts at Longbow Research. They now have a “sell” rating on the stock. 4/26/2018 – Gentherm was given a new $43.00 price target on by analysts at Barrington Research. They now have a “buy” rating on the stock. 4/4/2018 – Gentherm was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating. 3/14/2018 – Gentherm was given a new $35.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “hold” rating on the stock.

THRM stock traded up $0.25 on Tuesday, reaching $34.70. The company’s stock had a trading volume of 136,200 shares, compared to its average volume of 211,031. Gentherm has a 52 week low of $29.50 and a 52 week high of $40.80. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 0.59 and a beta of 1.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.71 and a quick ratio of 1.98.

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Gentherm (NASDAQ:THRM) last released its earnings results on Thursday, April 26th. The auto parts company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.10). The firm had revenue of $261.88 million during the quarter, compared to analyst estimates of $268.85 million. Gentherm had a return on equity of 9.98% and a net margin of 2.28%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.77 earnings per share. equities analysts anticipate that Gentherm will post 2.34 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the company. Disciplined Growth Investors Inc. MN lifted its holdings in shares of Gentherm by 1.8% in the fourth quarter. Disciplined Growth Investors Inc. MN now owns 1,874,739 shares of the auto parts company’s stock valued at $59,523,000 after purchasing an additional 32,428 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Gentherm by 124.9% in the fourth quarter. Wells Fargo & Company MN now owns 538,996 shares of the auto parts company’s stock valued at $17,113,000 after purchasing an additional 299,351 shares in the last quarter. Rockefeller Financial Services Inc. lifted its holdings in shares of Gentherm by 12.7% in the fourth quarter. Rockefeller Financial Services Inc. now owns 528,503 shares of the auto parts company’s stock valued at $16,780,000 after purchasing an additional 59,366 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of Gentherm by 83.3% in the fourth quarter. Schroder Investment Management Group now owns 495,415 shares of the auto parts company’s stock valued at $15,729,000 after purchasing an additional 225,100 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Gentherm by 8.3% in the fourth quarter. Millennium Management LLC now owns 415,081 shares of the auto parts company’s stock valued at $13,179,000 after purchasing an additional 31,932 shares in the last quarter. Institutional investors own 98.11% of the company’s stock.

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.