Gentherm (THRM) Stock Rating Upgraded by BidaskClub
BidaskClub upgraded shares of Gentherm (NASDAQ:THRM) from a strong sell rating to a sell rating in a research report sent to investors on Thursday morning.
Several other equities analysts have also commented on THRM. Zacks Investment Research raised Gentherm from a sell rating to a hold rating in a report on Thursday, January 25th. FBR & Co reaffirmed a buy rating and set a $45.00 target price on shares of Gentherm in a report on Thursday, October 26th. Argus decreased their price objective on Gentherm to $40.00 and set a buy rating for the company in a report on Friday, December 15th. Longbow Research started coverage on Gentherm in a report on Friday, January 5th. They issued an underperform rating for the company. Finally, B. Riley reissued a buy rating on shares of Gentherm in a report on Thursday, November 2nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $40.57.
Gentherm (THRM) opened at $30.65 on Thursday. The company has a market capitalization of $1,129.76, a P/E ratio of 16.93, a PEG ratio of 0.49 and a beta of 1.86. Gentherm has a fifty-two week low of $29.50 and a fifty-two week high of $40.80. The company has a current ratio of 3.23, a quick ratio of 2.47 and a debt-to-equity ratio of 0.26.
A number of hedge funds have recently modified their holdings of the stock. Tiedemann Wealth Management LLC boosted its stake in Gentherm by 16.2% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 31,328 shares of the auto parts company’s stock valued at $192,000 after purchasing an additional 4,378 shares in the last quarter. Zeke Capital Advisors LLC bought a new position in Gentherm during the 3rd quarter valued at $228,000. Victory Capital Management Inc. boosted its stake in Gentherm by 37.4% during the 3rd quarter. Victory Capital Management Inc. now owns 6,156 shares of the auto parts company’s stock valued at $229,000 after purchasing an additional 1,677 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Gentherm during the 3rd quarter valued at $267,000. Finally, GSA Capital Partners LLP bought a new position in Gentherm during the 2nd quarter valued at $303,000. 99.42% of the stock is owned by institutional investors and hedge funds.
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Gentherm Company Profile
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.
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