Gentherm (THRM) Scheduled to Post Quarterly Earnings on Wednesday

Gentherm (NASDAQ:THRM) is scheduled to be announcing its earnings results before the market opens on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings results on Tuesday, April 30th. The auto parts company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.19. The company had revenue of $356.00 million for the quarter, compared to analyst estimates of $361.11 million. Gentherm had a net margin of 3.23% and a return on equity of 13.56%. Gentherm’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 earnings per share. On average, analysts expect Gentherm to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Gentherm Price Performance

Shares of NASDAQ:THRM opened at $50.40 on Tuesday. The firm has a market cap of $1.60 billion, a PE ratio of 34.52 and a beta of 1.46. The firm’s fifty day moving average is $50.92 and its 200-day moving average is $51.73. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.44 and a current ratio of 2.10. Gentherm has a 52 week low of $38.21 and a 52 week high of $66.54.

Insider Activity at Gentherm

In related news, CEO Phillip Eyler sold 15,000 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $54.04, for a total value of $810,600.00. Following the transaction, the chief executive officer now owns 147,317 shares in the company, valued at $7,961,010.68. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders have sold a total of 45,000 shares of company stock worth $2,338,650 over the last quarter. Company insiders own 1.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on THRM shares. Robert W. Baird cut their price target on shares of Gentherm from $65.00 to $60.00 and set a “neutral” rating on the stock in a report on Friday, July 12th. JPMorgan Chase & Co. dropped their target price on shares of Gentherm from $60.00 to $56.00 and set an “underweight” rating on the stock in a report on Monday, July 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $63.50.

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.