Gentherm (NASDAQ:THRM) Stock Rating Lowered by StockNews.com

Gentherm (NASDAQ:THRM) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Several other research analysts have also commented on the stock. Robert W. Baird decreased their price target on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. JPMorgan Chase & Co. dropped their price target on Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Finally, Craig Hallum lowered their price objective on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st.

Gentherm Stock Performance

Gentherm stock opened at $33.06 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. Gentherm has a 12-month low of $30.25 and a 12-month high of $58.17. The firm’s fifty day moving average price is $37.96 and its 200 day moving average price is $42.45. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 15.97 and a beta of 1.42.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings data on Wednesday, February 19th. The auto parts company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39). The company had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The company’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.90 earnings per share. On average, research analysts forecast that Gentherm will post 3.1 EPS for the current fiscal year.

Insider Buying and Selling at Gentherm

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

Institutional Investors Weigh In On Gentherm

A number of hedge funds and other institutional investors have recently made changes to their positions in THRM. Vanguard Group Inc. grew its stake in shares of Gentherm by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company’s stock valued at $146,427,000 after buying an additional 74,758 shares in the last quarter. Trigran Investments Inc. lifted its stake in Gentherm by 7.3% in the fourth quarter. Trigran Investments Inc. now owns 1,990,938 shares of the auto parts company’s stock valued at $79,488,000 after acquiring an additional 135,458 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Gentherm by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,217,681 shares of the auto parts company’s stock worth $48,616,000 after acquiring an additional 62,562 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its stake in shares of Gentherm by 2.0% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock worth $54,448,000 after purchasing an additional 23,051 shares during the last quarter. Finally, Global Alpha Capital Management Ltd. raised its holdings in shares of Gentherm by 23.8% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company’s stock valued at $31,261,000 after purchasing an additional 150,310 shares in 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.