Gentherm (NASDAQ:THRM) Issues Quarterly Earnings Results, Misses Estimates By $0.39 EPS

Gentherm (NASDAQ:THRM) released its quarterly earnings results on Wednesday. The auto parts company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39), Zacks reports. 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%. Gentherm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 EPS. Gentherm updated its FY 2025 guidance to EPS.

Gentherm Stock Performance

THRM stock opened at $33.45 on Friday. The firm has a market cap of $1.04 billion, a PE ratio of 16.16 and a beta of 1.42. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average of $38.48 and a 200-day moving average of $42.94. Gentherm has a 12-month low of $30.25 and a 12-month high of $62.93.

Analysts Set New Price Targets

Several brokerages have recently commented on THRM. Craig Hallum lowered their price objective on Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Robert W. Baird lowered their price objective on Gentherm from $44.00 to $39.00 and set a “neutral” rating for the company in a research note on Thursday. StockNews.com raised Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lowered their price objective on Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research note on Monday, January 27th.

Insider Activity

In other Gentherm news, SVP Thomas Stocker sold 1,295 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $42.98, for a total transaction of $55,659.10. Following the completion of the transaction, the senior vice president now directly owns 13,413 shares of the company’s stock, valued at approximately $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Hui (Helen) Xu sold 2,500 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total value of $105,000.00. Following the transaction, the senior vice president now directly owns 18,947 shares of the company’s stock, valued at approximately $795,774. This trade represents a 11.66 % decrease in their ownership of the stock. 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.