BidaskClub Lowers Gentherm (NASDAQ:THRM) to Hold

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BidaskClub cut shares of Gentherm (NASDAQ:THRM) from a buy rating to a hold rating in a research report report published on Tuesday, BidAskClub reports.

A number of other equities research analysts have also issued reports on the company. Barrington Research reissued a buy rating and issued a $50.00 target price on shares of Gentherm in a research report on Monday, October 28th. TheStreet raised Gentherm from a c+ rating to a b+ rating in a research report on Tuesday, October 29th. ValuEngine lowered Gentherm from a buy rating to a hold rating in a research report on Thursday, December 26th. Roth Capital started coverage on Gentherm in a research report on Monday, December 9th. They issued a buy rating and a $50.00 target price on the stock. Finally, Zacks Investment Research raised Gentherm from a hold rating to a strong-buy rating and set a $53.00 target price on the stock in a research report on Friday, January 10th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Gentherm currently has a consensus rating of Hold and an average target price of $47.00.

NASDAQ THRM opened at $47.52 on Tuesday. The company has a market capitalization of $1.55 billion, a PE ratio of 40.62, a P/E/G ratio of 1.53 and a beta of 1.33. The company has a fifty day moving average of $46.82 and a 200 day moving average of $42.52. Gentherm has a 1 year low of $35.63 and a 1 year high of $49.15. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.26 and a quick ratio of 1.56.

In related news, VP Paul Cameron Giberson sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $42.78, for a total transaction of $256,680.00. Following the transaction, the vice president now directly owns 11,865 shares of the company’s stock, valued at approximately $507,584.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. D.B. Root & Company LLC boosted its stake in Gentherm by 2.2% in the 4th quarter. D.B. Root & Company LLC now owns 10,353 shares of the auto parts company’s stock valued at $459,000 after purchasing an additional 227 shares during the period. US Bancorp DE boosted its stake in Gentherm by 52.9% in the 4th quarter. US Bancorp DE now owns 731 shares of the auto parts company’s stock valued at $32,000 after purchasing an additional 253 shares during the period. BancorpSouth Bank boosted its stake in Gentherm by 3.1% in the 4th quarter. BancorpSouth Bank now owns 8,794 shares of the auto parts company’s stock valued at $391,000 after purchasing an additional 263 shares during the period. Connors Investor Services Inc. boosted its stake in Gentherm by 0.6% in the 3rd quarter. Connors Investor Services Inc. now owns 48,023 shares of the auto parts company’s stock valued at $1,973,000 after purchasing an additional 269 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Gentherm by 6.7% in the 4th quarter. Victory Capital Management Inc. now owns 4,463 shares of the auto parts company’s stock valued at $198,000 after purchasing an additional 279 shares during the period.

Gentherm Company Profile

Gentherm, Inc engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Industrial.. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.

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Analyst Recommendations for Gentherm (NASDAQ:THRM)

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