Gentherm (NASDAQ:THRM) had its price target upped by Craig Hallum from $38.00 to $50.00 in a research note published on Thursday, The Fly reports. They currently have a hold rating on the auto parts company’s stock.
Other analysts have also issued reports about the company. ValuEngine lowered Gentherm from a buy rating to a hold rating in a research note on Thursday, December 26th. Roth Capital boosted their target price on Gentherm from to in a research report on Friday, February 14th. Zacks Investment Research cut Gentherm from a buy rating to a hold rating in a research report on Tuesday. TheStreet upgraded Gentherm from a c+ rating to a b+ rating in a research report on Tuesday, October 29th. Finally, Barrington Research restated an outperform rating and set a $50.00 target price on shares of Gentherm in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Gentherm has a consensus rating of Hold and a consensus price target of $49.00.
Shares of NASDAQ:THRM traded down $0.14 during midday trading on Thursday, reaching $48.36. 195,519 shares of the company traded hands, compared to its average volume of 147,006. The company has a quick ratio of 1.56, a current ratio of 2.26 and a debt-to-equity ratio of 0.22. Gentherm has a 12 month low of $35.63 and a 12 month high of $49.95. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 42.80, a price-to-earnings-growth ratio of 1.57 and a beta of 1.33. The firm’s fifty day moving average price is $47.27 and its two-hundred day moving average price is $42.77.
In related news, VP Paul Cameron Giberson sold 6,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $42.78, for a total transaction of $256,680.00. Following the completion of the transaction, the vice president now directly owns 11,865 shares in the company, valued at $507,584.70. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.50% of the stock is owned by insiders.
Institutional investors and hedge funds have recently bought and sold shares of the company. Great Diamond Partners LLC purchased a new position in shares of Gentherm in the 4th quarter worth about $26,000. US Bancorp DE boosted its holdings in shares of Gentherm by 52.9% in the 4th quarter. US Bancorp DE now owns 731 shares of the auto parts company’s stock worth $32,000 after purchasing an additional 253 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Gentherm in the 4th quarter worth about $36,000. Quadrant Capital Group LLC boosted its holdings in shares of Gentherm by 73.8% in the 4th quarter. Quadrant Capital Group LLC now owns 1,159 shares of the auto parts company’s stock worth $50,000 after purchasing an additional 492 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new position in shares of Gentherm in the 4th quarter worth about $99,000.
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.
Further Reading: Cash Flow
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