Gentherm (NASDAQ:THRM) released its quarterly earnings results on Thursday. The auto parts company reported $0.50 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.08), Bloomberg Earnings reports. The business had revenue of $261.88 million for the quarter, compared to the consensus estimate of $268.85 million. Gentherm had a return on equity of 11.81% and a net margin of 3.57%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.77 earnings per share.
NASDAQ:THRM traded down $0.38 during trading hours on Thursday, hitting $34.52. 223,055 shares of the stock were exchanged, compared to its average volume of 212,206. Gentherm has a twelve month low of $29.50 and a twelve month high of $40.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.98 and a current ratio of 2.69. The company has a market cap of $1,273.06, a price-to-earnings ratio of 14.94, a P/E/G ratio of 0.59 and a beta of 1.71.
A number of equities research analysts recently commented on THRM shares. Barrington Research restated a “buy” rating and set a $43.00 price target on shares of Gentherm in a research report on Monday, February 26th. Craig Hallum upgraded Gentherm from a “hold” rating to a “buy” rating in a research report on Wednesday, February 21st. BMO Capital Markets set a $40.00 price target on Gentherm and gave the stock a “buy” rating in a research report on Wednesday, February 28th. BidaskClub upgraded Gentherm from a “hold” rating to a “buy” rating in a research report on Wednesday, April 4th. Finally, Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $39.56.
Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.
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