- Gentherm Stock Down 0.8 %
- Analyst Upgrades and Downgrades
- Insider Buying and Selling at Gentherm
- Gentherm Company Profile
- Further Reading
Amalgamated Bank lowered its holdings in shares of Gentherm Incorporated (NASDAQ:THRM – Get Rating) by 6.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,168 shares of the auto parts company’s stock after selling 1,042 shares during the quarter. Amalgamated Bank’s holdings in Gentherm were worth $1,181,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC raised its position in shares of Gentherm by 29.0% during the first quarter. SG Americas Securities LLC now owns 1,606 shares of the auto parts company’s stock worth $117,000 after purchasing an additional 361 shares during the period. Meritage Portfolio Management raised its position in shares of Gentherm by 11.4% during the first quarter. Meritage Portfolio Management now owns 2,790 shares of the auto parts company’s stock worth $204,000 after purchasing an additional 285 shares during the period. US Bancorp DE raised its position in shares of Gentherm by 9.8% during the first quarter. US Bancorp DE now owns 2,805 shares of the auto parts company’s stock worth $206,000 after purchasing an additional 251 shares during the period. Graham Capital Management L.P. acquired a new stake in shares of Gentherm during the first quarter worth about $231,000. Finally, Inspire Investing LLC acquired a new stake in shares of Gentherm during the first quarter worth about $236,000. Institutional investors and hedge funds own 98.24% of the company’s stock.
Gentherm Stock Down 0.8 %
NASDAQ:THRM opened at $54.04 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.69 and a current ratio of 2.48. The company has a market cap of $1.79 billion, a PE ratio of 33.15 and a beta of 1.19. Gentherm Incorporated has a 52-week low of $53.30 and a 52-week high of $99.00. The stock has a 50-day simple moving average of $61.16 and a 200 day simple moving average of $64.99.
Gentherm (NASDAQ:THRM – Get Rating) last posted its quarterly earnings data on Tuesday, August 2nd. The auto parts company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.16). The firm had revenue of $260.70 million for the quarter, compared to the consensus estimate of $258.79 million. Gentherm had a return on equity of 9.13% and a net margin of 5.35%. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.85 earnings per share. On average, sell-side analysts expect that Gentherm Incorporated will post 1.92 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Craig Hallum decreased their price objective on Gentherm to $80.00 in a report on Tuesday, August 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Gentherm currently has an average rating of “Moderate Buy” and an average target price of $95.20.
Insider Buying and Selling at Gentherm
In other Gentherm news, CEO Phillip Eyler sold 4,268 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $62.01, for a total value of $264,658.68. Following the completion of the transaction, the chief executive officer now directly owns 103,839 shares in the company, valued at $6,439,056.39. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 25,991 shares of company stock worth $1,698,466 over the last ninety days. 1.32% of the stock is currently owned by corporate insiders.
Gentherm Company Profile
Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. 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 that utilize proprietary electronics technology and software; and other climate comfort systems, including neck conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.