Q4 2024 Earnings Estimate for Gentherm Incorporated Issued By Roth Capital (NASDAQ:THRM)

Gentherm Incorporated (NASDAQ:THRM) – Equities research analysts at Roth Capital lowered their Q4 2024 EPS estimates for shares of Gentherm in a report released on Wednesday, May 1st. Roth Capital analyst M. Koranda now expects that the auto parts company will post earnings per share of $0.86 for the quarter, down from their prior forecast of $0.88. The consensus estimate for Gentherm’s current full-year earnings is $2.93 per share. Roth Capital also issued estimates for Gentherm’s Q1 2025 earnings at $0.75 EPS and Q2 2025 earnings at $0.85 EPS.

Gentherm (NASDAQ:THRM) last issued its earnings results on Tuesday, April 30th. The auto parts company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.43 by $0.19. The firm had revenue of $356.00 million during the quarter, compared to the consensus estimate of $361.11 million. Gentherm had a net margin of 3.23% and a return on equity of 13.56%. The business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 earnings per share.

Several other equities research analysts also recently issued reports on the company. StockNews.com upgraded Gentherm from a “hold” rating to a “buy” rating in a report on Thursday, February 22nd. JPMorgan Chase & Co. lowered their target price on Gentherm from $63.00 to $60.00 and set an “underweight” rating for the company in a research note on Monday, April 22nd. Finally, Robert W. Baird cut their price target on shares of Gentherm from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $65.75.

Gentherm Stock Performance

Shares of Gentherm stock opened at $51.23 on Friday. The stock’s fifty day simple moving average is $54.04 and its 200 day simple moving average is $50.43. The company has a current ratio of 2.10, a quick ratio of 1.48 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $1.62 billion, a PE ratio of 35.09 and a beta of 1.49. Gentherm has a 12 month low of $38.21 and a 12 month high of $66.54.

Institutional Trading of Gentherm

A number of hedge funds and other institutional investors have recently made changes to their positions in THRM. Quadrant Capital Group LLC boosted its holdings in Gentherm by 211.4% during the fourth quarter. Quadrant Capital Group LLC now owns 1,149 shares of the auto parts company’s stock worth $60,000 after purchasing an additional 780 shares during the last quarter. TFO Wealth Partners LLC lifted its position in Gentherm by 44,050.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,766 shares of the auto parts company’s stock worth $92,000 after buying an additional 1,762 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Gentherm by 14.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,123 shares of the auto parts company’s stock worth $115,000 after buying an additional 276 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Gentherm in the 3rd quarter valued at about $207,000. Finally, Panagora Asset Management Inc. acquired a new stake in shares of Gentherm in the third quarter valued at about $210,000. 97.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Gentherm

In other Gentherm news, CEO Phillip Eyler sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $55.17, for a total value of $827,550.00. Following the sale, the chief executive officer now owns 147,317 shares in the company, valued at approximately $8,127,478.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.91% of the stock is owned by insiders.

About Gentherm

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.