Seaport Res Ptn Reduces Earnings Estimates for Gentherm

Gentherm Incorporated (NASDAQ:THRM) – Research analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for shares of Gentherm in a research report issued on Monday, February 24th. Seaport Res Ptn analyst G. Chin now expects that the auto parts company will earn $2.53 per share for the year, down from their previous forecast of $3.16. The consensus estimate for Gentherm’s current full-year earnings is $3.10 per share. Seaport Res Ptn also issued estimates for Gentherm’s FY2026 earnings at $2.78 EPS.

Gentherm (NASDAQ:THRM) last issued its earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.39). Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The business had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. During the same quarter in the previous year, the company earned $0.90 earnings per share. The firm’s revenue was down 3.8% on a year-over-year basis.

A number of other research firms have also recently weighed in on THRM. Robert W. Baird lowered their price target on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. StockNews.com lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, Craig Hallum decreased their price objective on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, October 31st.

Gentherm Stock Down 0.6 %

NASDAQ:THRM opened at $33.58 on Wednesday. Gentherm has a fifty-two week low of $30.25 and a fifty-two week high of $58.17. The stock has a market capitalization of $1.03 billion, a P/E ratio of 16.22 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01. The company’s 50-day simple moving average is $38.08 and its 200-day simple moving average is $42.51.

Insider Activity at Gentherm

In other Gentherm news, SVP Hui (Helen) Xu sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total transaction of $105,000.00. Following the completion of the transaction, the senior vice president now directly owns 18,947 shares of the company’s stock, valued at approximately $795,774. This trade represents a 11.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Thomas Stocker sold 1,295 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total transaction of $55,659.10. Following the transaction, the senior vice president now directly owns 13,413 shares of the company’s stock, valued at $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Gentherm

A number of institutional investors have recently bought and sold shares of THRM. Raymond James Financial Inc. purchased a new position in Gentherm during the 4th quarter worth approximately $15,400,000. Nuance Investments LLC purchased a new position in Gentherm during the 3rd quarter worth approximately $16,754,000. HITE Hedge Asset Management LLC purchased a new position in Gentherm during the 4th quarter worth approximately $9,832,000. Cerity Partners LLC raised its position in Gentherm by 880.7% during the 3rd quarter. Cerity Partners LLC now owns 188,683 shares of the auto parts company’s stock worth $8,783,000 after buying an additional 169,443 shares during the last quarter. Finally, Segall Bryant & Hamill LLC raised its position in Gentherm by 42.9% during the 4th quarter. Segall Bryant & Hamill LLC now owns 525,026 shares of the auto parts company’s stock worth $20,962,000 after buying an additional 157,544 shares during the last quarter. 97.13% of the stock is owned by hedge funds and other institutional investors.

About Gentherm

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.