Gentherm (NASDAQ:THRM) Hits New 12-Month Low – Time to Sell?

Gentherm Incorporated (NASDAQ:THRM) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $23.63 and last traded at $24.67, with a volume of 816136 shares changing hands. The stock had previously closed at $25.23.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on THRM. StockNews.com downgraded shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their price objective on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, Robert W. Baird decreased their price objective on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th.

Gentherm Price Performance

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01. The stock has a market cap of $787.27 million, a PE ratio of 12.35 and a beta of 1.46. The stock’s 50-day moving average is $31.47 and its two-hundred day moving average is $38.09.

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 business had revenue of $352.91 million for the quarter, compared to analyst estimates of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. Gentherm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.90 earnings per share. On average, equities analysts predict that Gentherm Incorporated will post 3.1 earnings per share for the current year.

Institutional Trading of Gentherm

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers lifted its stake in shares of Gentherm by 0.7% in the first quarter. Rhumbline Advisers now owns 91,414 shares of the auto parts company’s stock valued at $2,444,000 after purchasing an additional 656 shares during the period. GAMMA Investing LLC lifted its stake in shares of Gentherm by 11,463.4% in the first quarter. GAMMA Investing LLC now owns 56,314 shares of the auto parts company’s stock valued at $1,506,000 after purchasing an additional 55,827 shares during the period. Moody National Bank Trust Division lifted its stake in shares of Gentherm by 7.7% in the first quarter. Moody National Bank Trust Division now owns 19,169 shares of the auto parts company’s stock valued at $513,000 after purchasing an additional 1,378 shares during the period. Versant Capital Management Inc acquired a new stake in shares of Gentherm in the first quarter valued at about $28,000. Finally, PharVision Advisers LLC acquired a new stake in shares of Gentherm in the fourth quarter valued at about $297,000. Hedge funds and other institutional investors own 97.13% of the company’s stock.

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.