Q4 2024 EPS Estimates for Gentherm Incorporated Decreased by Analyst (NASDAQ:THRM)

Gentherm Incorporated (NASDAQ:THRM) – Analysts at Roth Capital decreased their Q4 2024 earnings per share (EPS) estimates for Gentherm in a research note issued on Wednesday, May 1st. Roth Capital analyst M. Koranda now forecasts that the auto parts company will earn $0.86 per share for the quarter, down from their prior estimate 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 quarterly earnings results on Tuesday, April 30th. The auto parts company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.19. The business had revenue of $356.00 million for the quarter, compared to the consensus estimate of $361.11 million. Gentherm had a return on equity of 13.56% and a net margin of 3.23%. The business’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share.

A number of other brokerages have also weighed in on THRM. JPMorgan Chase & Co. dropped their price objective on shares of Gentherm from $63.00 to $60.00 and set an “underweight” rating on the stock in a report on Monday, April 22nd. Robert W. Baird lowered their price target on shares of Gentherm from $67.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, StockNews.com raised shares of Gentherm from a “hold” rating to a “buy” rating in a report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Gentherm currently has a consensus rating of “Hold” and an average price target of $65.75.

Gentherm Price Performance

Shares of THRM opened at $51.23 on Friday. The firm has a market capitalization of $1.62 billion, a PE ratio of 35.09 and a beta of 1.49. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.10 and a quick ratio of 1.48. Gentherm has a 1-year low of $38.21 and a 1-year high of $66.54. The company’s fifty day moving average price is $54.04 and its 200-day moving average price is $50.47.

Insider Buying and Selling at Gentherm

In other news, CEO Phillip Eyler sold 15,000 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $55.17, for a total transaction of $827,550.00. Following the sale, the chief executive officer now directly owns 147,317 shares of the company’s stock, valued at approximately $8,127,478.89. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.91% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Gentherm

Several hedge funds have recently modified their holdings of THRM. SG Americas Securities LLC purchased a new stake in shares of Gentherm during the 3rd quarter worth about $404,000. Raymond James & Associates raised its position in shares of Gentherm by 0.5% during the 3rd quarter. Raymond James & Associates now owns 104,144 shares of the auto parts company’s stock worth $5,651,000 after purchasing an additional 469 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Gentherm by 18.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,342 shares of the auto parts company’s stock worth $398,000 after purchasing an additional 1,154 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Gentherm by 47.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 200,335 shares of the auto parts company’s stock worth $10,870,000 after purchasing an additional 64,352 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. raised its position in shares of Gentherm by 0.6% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 153,236 shares of the auto parts company’s stock worth $8,315,000 after purchasing an additional 860 shares during the last quarter. 97.13% of the stock is owned by hedge funds and other institutional investors.

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.