Shares of Gentherm Inc (NASDAQ:THRM) have been assigned an average rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $43.60.

THRM has been the subject of several recent analyst reports. ValuEngine upgraded Gentherm from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. TheStreet cut Gentherm from a “b-” rating to a “c+” rating in a report on Thursday, July 25th. Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a report on Thursday, August 15th. BidaskClub upgraded Gentherm from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Argus cut Gentherm from a “buy” rating to a “hold” rating in a report on Monday, July 29th.

THRM remained flat at $$42.71 during midday trading on Friday. The company’s stock had a trading volume of 145,733 shares, compared to its average volume of 149,978. The company has a current ratio of 2.34, a quick ratio of 1.65 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 1.53 and a beta of 1.30. The firm has a 50-day simple moving average of $38.48 and a 200-day simple moving average of $39.56. Gentherm has a 52 week low of $35.63 and a 52 week high of $50.30.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Thursday, July 25th. The auto parts company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). The business had revenue of $243.33 million during the quarter, compared to analysts’ expectations of $254.53 million. Gentherm had a net margin of 2.31% and a return on equity of 14.49%. The firm’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.58 EPS. On average, sell-side analysts forecast that Gentherm will post 2.1 earnings per share for the current fiscal year.

In other news, VP Kenneth John Phillips sold 3,577 shares of the business’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $42.38, for a total transaction of $151,593.26. Following the completion of the sale, the vice president now owns 17,069 shares in the company, valued at approximately $723,384.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Gentherm by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 3,573,869 shares of the auto parts company’s stock worth $149,495,000 after acquiring an additional 69,697 shares during the period. Van Berkom & Associates Inc. boosted its holdings in Gentherm by 1.0% in the 2nd quarter. Van Berkom & Associates Inc. now owns 1,973,694 shares of the auto parts company’s stock worth $82,560,000 after acquiring an additional 19,943 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Gentherm by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,614,527 shares of the auto parts company’s stock worth $64,548,000 after acquiring an additional 31,233 shares during the period. Bank of New York Mellon Corp boosted its holdings in Gentherm by 11.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,190,915 shares of the auto parts company’s stock worth $49,816,000 after acquiring an additional 123,463 shares during the period. Finally, Trigran Investments Inc. boosted its holdings in Gentherm by 3.7% in the 2nd quarter. Trigran Investments Inc. now owns 1,151,896 shares of the auto parts company’s stock worth $48,183,000 after acquiring an additional 40,643 shares during the period.

About Gentherm

Gentherm, Inc engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Industrial.. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.

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Analyst Recommendations for Gentherm (NASDAQ:THRM)

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