Gentherm Inc (NASDAQ:THRM) – Equities researchers at FBR & Co lowered their Q4 2017 earnings estimates for shares of Gentherm in a report issued on Friday. FBR & Co analyst C. Horn now anticipates that the auto parts company will post earnings of $0.52 per share for the quarter, down from their previous forecast of $0.60. FBR & Co has a “Buy” rating and a $45.00 price objective on the stock. FBR & Co also issued estimates for Gentherm’s FY2018 earnings at $2.61 EPS.

Other research analysts also recently issued research reports about the company. TheStreet downgraded Gentherm from a “b-” rating to a “c+” rating in a report on Thursday, August 17th. BidaskClub downgraded Gentherm from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Roth Capital set a $33.00 price target on Gentherm and gave the company a “hold” rating in a report on Friday, July 28th. Barrington Research reduced their price target on Gentherm from $47.00 to $43.00 and set an “outperform” rating on the stock in a report on Friday, July 28th. Finally, BMO Capital Markets boosted their price target on Gentherm from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $40.75.

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Shares of Gentherm (NASDAQ THRM) opened at 33.30 on Monday. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 15.28 and a beta of 1.97. The company’s 50 day moving average price is $35.57 and its 200 day moving average price is $35.90. Gentherm has a 12 month low of $26.60 and a 12 month high of $40.80.

Gentherm (NASDAQ:THRM) last announced its earnings results on Thursday, October 26th. The auto parts company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.33). Gentherm had a net margin of 6.89% and a return on equity of 12.82%. The business had revenue of $235.85 million for the quarter, compared to the consensus estimate of $235.94 million. During the same quarter in the previous year, the company earned $0.61 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis.

A number of institutional investors have recently bought and sold shares of the business. Alps Advisors Inc. boosted its position in Gentherm by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 13,264 shares of the auto parts company’s stock valued at $515,000 after acquiring an additional 34 shares in the last quarter. CWA Asset Management Group LLC boosted its position in Gentherm by 0.7% during the 2nd quarter. CWA Asset Management Group LLC now owns 5,792 shares of the auto parts company’s stock valued at $225,000 after acquiring an additional 42 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Gentherm by 0.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,000 shares of the auto parts company’s stock valued at $582,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System boosted its position in Gentherm by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 19,150 shares of the auto parts company’s stock valued at $743,000 after acquiring an additional 100 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its position in Gentherm by 0.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 29,214 shares of the auto parts company’s stock valued at $1,134,000 after acquiring an additional 124 shares in the last quarter. 96.61% of the stock is currently owned by institutional investors and hedge funds.

About Gentherm

Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.

Earnings History and Estimates for Gentherm (NASDAQ:THRM)

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