Gentherm (THRM) Projected to Post Quarterly Earnings on Wednesday

Gentherm (NASDAQ:THRM) is anticipated to post its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Gentherm to post earnings of $0.67 per share and revenue of $360.29 million for the quarter. Individual interested in registering for the company’s conference call can do so using this link.

Gentherm Trading Up 0.2 %

NASDAQ:THRM opened at $36.24 on Wednesday. Gentherm has a one year low of $35.67 and a one year high of $62.93. The company’s 50-day simple moving average is $39.66 and its 200 day simple moving average is $43.77. The firm has a market capitalization of $1.12 billion, a P/E ratio of 16.93 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.02 and a quick ratio of 1.38.

Analyst Ratings Changes

Several research firms recently weighed in on THRM. JPMorgan Chase & Co. cut their price target on Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Robert W. Baird cut their target price on Gentherm from $54.00 to $50.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. StockNews.com lowered Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Monday. Finally, Craig Hallum cut their price objective on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st.

Insider Activity

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

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.