Q4 2024 EPS Estimates for Gentherm Incorporated Lowered by Analyst (NASDAQ:THRM)

Gentherm Incorporated (NASDAQ:THRM) – Stock analysts at Roth Capital dropped their Q4 2024 EPS estimates for shares of Gentherm in a research note issued on Wednesday, July 31st. Roth Capital analyst M. Koranda now forecasts that the auto parts company will post earnings per share of $0.77 for the quarter, down from their prior estimate of $0.86. The consensus estimate for Gentherm’s current full-year earnings is $2.89 per share. Roth Capital also issued estimates for Gentherm’s Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.82 EPS and Q4 2025 earnings at $0.94 EPS.

THRM has been the topic of several other reports. Robert W. Baird reduced their price objective on shares of Gentherm from $65.00 to $60.00 and set a “neutral” rating on the stock in a report on Friday, July 12th. StockNews.com lowered shares of Gentherm from a “buy” rating to a “hold” rating in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Gentherm from $60.00 to $56.00 and set an “underweight” rating for the company in a report on Monday, July 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $63.50.

Gentherm Trading Down 2.0 %

Shares of THRM opened at $54.10 on Friday. Gentherm has a 12-month low of $38.21 and a 12-month high of $66.11. The firm has a market capitalization of $1.71 billion, a P/E ratio of 37.05 and a beta of 1.46. The firm has a 50-day moving average price of $51.18 and a 200 day moving average price of $51.78. The company has a current ratio of 2.10, a quick ratio of 1.44 and a debt-to-equity ratio of 0.34.

Gentherm (NASDAQ:THRM) last released its earnings results on Wednesday, July 31st. The auto parts company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.04. Gentherm had a net margin of 3.23% and a return on equity of 13.56%. The business had revenue of $375.70 million for the quarter, compared to analyst estimates of $375.82 million. During the same period last year, the company posted $0.58 EPS. The business’s revenue was up .9% on a year-over-year basis.

Institutional Trading of Gentherm

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of Gentherm by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 412,338 shares of the auto parts company’s stock worth $21,590,000 after acquiring an additional 20,600 shares during the period. Global Alpha Capital Management Ltd. lifted its position in Gentherm by 9.7% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 320,173 shares of the auto parts company’s stock valued at $16,764,000 after purchasing an additional 28,200 shares during the period. Mairs & Power Inc. boosted its holdings in Gentherm by 9.3% in the 4th quarter. Mairs & Power Inc. now owns 395,006 shares of the auto parts company’s stock valued at $20,683,000 after purchasing an additional 33,570 shares in the last quarter. Granahan Investment Management LLC increased its position in Gentherm by 61.2% during the 4th quarter. Granahan Investment Management LLC now owns 412,971 shares of the auto parts company’s stock worth $21,623,000 after purchasing an additional 156,842 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of Gentherm during the 1st quarter worth approximately $1,089,000. 97.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Gentherm

In related news, CEO Phillip Eyler sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $54.04, for a total transaction of $810,600.00. Following the transaction, the chief executive officer now owns 147,317 shares in the company, valued at approximately $7,961,010.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 45,000 shares of company stock worth $2,338,650 over the last 90 days. Corporate insiders own 1.91% of the company’s stock.

Gentherm Company Profile

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.