Seaport Res Ptn Reduces Earnings Estimates for Gentherm

Gentherm Incorporated (NASDAQ:THRM) – Seaport Res Ptn cut their FY2025 earnings per share (EPS) estimates for Gentherm in a research note issued to investors on Monday, February 24th. Seaport Res Ptn analyst G. Chin now forecasts that the auto parts company will post earnings of $2.53 per share for the year, down from their previous estimate of $3.16. The consensus estimate for Gentherm’s current full-year earnings is $3.10 per share. Seaport Res Ptn also issued estimates for Gentherm’s FY2026 earnings at $2.78 EPS.

A number of other research analysts also recently weighed in on THRM. JPMorgan Chase & Co. dropped 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. Craig Hallum lowered their target price on Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. StockNews.com downgraded shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Finally, Robert W. Baird lowered their price objective on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th.

Gentherm Price Performance

Shares of NASDAQ THRM opened at $33.79 on Wednesday. The firm has a market capitalization of $1.04 billion, a P/E ratio of 16.32 and a beta of 1.42. The firm’s 50-day moving average price is $38.19 and its 200-day moving average price is $42.62. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.36. Gentherm has a 1-year low of $30.25 and a 1-year high of $58.17.

Gentherm (NASDAQ:THRM) last released its earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39). The company had revenue of $352.91 million for the quarter, compared to analyst estimates of $360.29 million. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The firm’s revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.90 EPS.

Hedge Funds Weigh In On Gentherm

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC boosted its position in Gentherm by 234.8% in the third quarter. Barclays PLC now owns 61,466 shares of the auto parts company’s stock worth $2,861,000 after purchasing an additional 43,108 shares during the last quarter. Global Alpha Capital Management Ltd. boosted its holdings in shares of Gentherm by 22.6% in the 3rd quarter. Global Alpha Capital Management Ltd. now owns 632,673 shares of the auto parts company’s stock worth $29,451,000 after buying an additional 116,500 shares during the last quarter. Raymond James & Associates grew its position in Gentherm by 18.9% during the third quarter. Raymond James & Associates now owns 128,468 shares of the auto parts company’s stock valued at $5,980,000 after buying an additional 20,401 shares during the period. JPMorgan Chase & Co. increased its holdings in Gentherm by 46.0% during the third quarter. JPMorgan Chase & Co. now owns 67,831 shares of the auto parts company’s stock worth $3,158,000 after buying an additional 21,376 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Gentherm by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 460,829 shares of the auto parts company’s stock worth $21,452,000 after acquiring an additional 5,754 shares during the period. Hedge funds and other institutional investors own 97.13% of the company’s stock.

Insider Buying and Selling

In other Gentherm news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm stock in a transaction 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 directly owns 18,947 shares of the company’s stock, valued at $795,774. The trade was a 11.66 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total transaction of $55,659.10. Following the completion of the sale, the senior vice president now owns 13,413 shares of the company’s stock, valued at approximately $576,490.74. This represents a 8.80 % decrease in their position. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by corporate 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.