Several other analysts also recently issued reports on THRM. TheStreet upgraded Gentherm from a c+ rating to a b+ rating in a report on Tuesday, October 29th. Barrington Research restated a buy rating and set a $50.00 price objective on shares of Gentherm in a research note on Monday, October 28th. Zacks Investment Research restated a sell rating on shares of Gentherm in a research note on Sunday, November 3rd. Finally, BidaskClub lowered Gentherm from a buy rating to a hold rating in a research note on Saturday, November 16th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and an average price target of $43.00.
THRM opened at $41.98 on Tuesday. Gentherm has a 52-week low of $35.63 and a 52-week high of $46.35. The company has a 50 day moving average of $42.27 and a two-hundred day moving average of $40.23. The company has a market cap of $1.37 billion, a P/E ratio of 19.80, a P/E/G ratio of 1.59 and a beta of 1.31. The company has a quick ratio of 1.56, a current ratio of 2.26 and a debt-to-equity ratio of 0.22.
Several hedge funds have recently made changes to their positions in THRM. Parallel Advisors LLC grew its holdings in Gentherm by 32.5% during the 2nd quarter. Parallel Advisors LLC now owns 1,915 shares of the auto parts company’s stock valued at $80,000 after purchasing an additional 470 shares in the last quarter. First Bank & Trust boosted its position in Gentherm by 45.9% in the 2nd quarter. First Bank & Trust now owns 3,234 shares of the auto parts company’s stock valued at $135,000 after buying an additional 1,017 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Gentherm in the 3rd quarter valued at about $167,000. Everence Capital Management Inc. acquired a new stake in shares of Gentherm during the second quarter valued at about $202,000. Finally, BB&T Securities LLC purchased a new stake in shares of Gentherm during the second quarter worth about $203,000.
Gentherm Company Profile
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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