Gentherm (NASDAQ:THRM) issued its quarterly earnings data on Tuesday, February 20th. The auto parts company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.08, Bloomberg Earnings reports. The firm had revenue of $257.19 million for the quarter, compared to analysts’ expectations of $253.48 million. Gentherm had a net margin of 3.57% and a return on equity of 11.81%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 earnings per share.
Gentherm (NASDAQ THRM) traded down $0.60 on Wednesday, hitting $33.40. 242,999 shares of the stock traded hands, compared to its average volume of 229,506. Gentherm has a twelve month low of $29.50 and a twelve month high of $40.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.69 and a quick ratio of 1.98. The company has a market capitalization of $1,230.00, a PE ratio of 22.12, a P/E/G ratio of 0.59 and a beta of 1.82.
Several brokerages have weighed in on THRM. BidaskClub raised shares of Gentherm from a “sell” rating to a “hold” rating in a research note on Saturday, March 3rd. BMO Capital Markets set a $40.00 price objective on shares of Gentherm and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Barrington Research reaffirmed a “buy” rating and set a $43.00 price objective on shares of Gentherm in a research note on Monday, February 26th. Zacks Investment Research cut shares of Gentherm from a “hold” rating to a “sell” rating in a research note on Saturday, February 24th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $39.00 price objective (down from $40.00) on shares of Gentherm in a research note on Wednesday, February 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $40.13.
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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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