Stock analysts expect Gentherm Incorporated (NASDAQ: THRM – Get a rating) to report earnings per share (EPS) of $0.42 for the current fiscal quarter, Zacks Investment Research reports. Three analysts provided Gentherm earnings estimates. The lowest EPS estimate is $0.38 and the highest is $0.47. Gentherm posted earnings per share of $0.85 in the same quarter last year, suggesting a negative year-over-year growth rate of 50.6%. The company is expected to release its next results on Monday, January 1.
On average, analysts expect Gentherm to report annual earnings of $2.61 per share for the current fiscal year, with EPS estimates ranging from $2.55 to $2.66. For next year, analysts expect the company to post earnings of $4.02 per share, with EPS estimates ranging from $3.80 to $4.22. Zacks Investment Research’s earnings per share averages are an average average based on a survey of sell-side research analysts who cover Gentherm.
Gentherm (NASDAQ: THRM – Get a rating) last announced its quarterly results on Wednesday, May 4. The auto parts company reported EPS of $0.41 for the quarter, missing the consensus estimate of $0.47 per ($0.06). Gentherm had a net margin of 7.05% and a return on equity of 12.20%. The company posted revenue of $267.70 million for the quarter, versus analyst estimates of $254.31 million. In the same quarter last year, the company achieved EPS of $1.04. The company’s revenue for the quarter was down 7.2% year over year.
Several research companies have recently weighed in on THRM. StockNews.com began covering Gentherm in a research report on Thursday, March 31. They issued a “maintaining” rating for the company. TheStreet upgraded Gentherm from a “b” to a “c+” rating in a Friday, May 20 research report. Zacks Investment Research moved Gentherm from a “strong sell” rating to a “hold” rating in a Tuesday, May 10 research report. Finally, Roth Capital reissued a “buy” rating on Gentherm shares in a research report on Thursday, May 5. Two research analysts rated the stock with a hold rating and six assigned the company a buy rating. According to MarketBeat, Gentherm currently has an average buy rating and an average target price of $100.67.
Shares of THRM traded down $0.69 during Friday’s midday session, hitting $66.10. The company’s stock had a trading volume of 247,463 shares, compared to an average volume of 153,217. Gentherm has a one-year low of $60.89 and a one-year high of $99.00. The company has a debt ratio of 0.06, a quick ratio of 1.75 and a current ratio of 2.47. The company has a market capitalization of $2.19 billion, a PE ratio of 30.60 and a beta of 1.22. The stock’s 50-day moving average is $68.46 and its two-hundred-day moving average is $79.16.
Hedge funds have recently changed their stock holdings. Mutual of America Capital Management LLC increased its holdings of Gentherm stock by 2.7% during the fourth quarter. Mutual of America Capital Management LLC now owns 4,540 shares of the auto parts company valued at $395,000 after acquiring 120 additional shares during the period. Arizona State Retirement System increased its holdings of Gentherm stock 1.5% during the third quarter. Arizona State Retirement System now owns 9,020 shares of the auto parts company valued at $730,000 after acquiring 134 additional shares during the period. Crossmark Global Holdings Inc. increased its holdings of Gentherm stock by 4.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 2,970 shares of the auto parts company valued at $258,000 after acquiring 140 additional shares during the period. Great West Life Assurance Co. Can increased its equity stake in Gentherm by 0.6% during the first quarter. Great West Life Assurance Co. Can now owns 28,849 shares of the auto parts company valued at $2,157,000 after acquiring 181 additional shares during the period. Finally, Maryland State Retirement & Pension System increased its holding in Gentherm shares by 1.5% during the fourth quarter. Maryland State Retirement & Pension System now owns 13,247 shares of the auto parts company valued at $1,151,000 after acquiring 201 additional shares during the period. 99.08% of the shares are held by hedge funds and other institutional investors.
About Gentherm (Get a rating)
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, fans and thermoelectric devices for variable temperature seats and steering wheel heaters designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units that use proprietary electronic technology and software; and other climate comfort systems, including neck conditioners and climate system products for door panels, armrests, cup holders and storage bins.
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