Gentherm (NASDAQ:THRM) Issues Earnings Results

Gentherm (NASDAQ:THRM) posted its earnings results on Wednesday. The auto parts company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39), Zacks reports. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The business had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. During the same period in the previous year, the firm earned $0.90 earnings per share. The company’s revenue was down 3.8% compared to the same quarter last year. Gentherm updated its FY 2025 guidance to EPS.

Gentherm Stock Up 0.3 %

Shares of NASDAQ THRM opened at $33.45 on Friday. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.04 billion, a PE ratio of 16.16 and a beta of 1.42. The company’s fifty day simple moving average is $38.48 and its 200 day simple moving average is $42.94. Gentherm has a 12-month low of $30.25 and a 12-month high of $62.93.

Insider Buying and Selling at Gentherm

In other news, SVP Hui (Helen) Xu sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $42.00, for a total transaction of $105,000.00. Following the completion of the sale, the senior vice president now owns 18,947 shares in the company, valued at $795,774. The trade was a 11.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total value of $55,659.10. Following the completion of the transaction, the senior vice president now owns 13,413 shares in the company, valued at approximately $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.91% of the company’s stock.

Analyst Ratings Changes

THRM has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Craig Hallum reduced their price objective on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. StockNews.com raised shares of Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Robert W. Baird reduced their price objective on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday.

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.