Gentherm (NASDAQ:THRM) Announces Quarterly Earnings Results, Misses Expectations By $0.39 EPS

Gentherm (NASDAQ:THRM) announced its quarterly earnings results on Wednesday. The auto parts company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39), Zacks reports. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. The business had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. During the same quarter last year, the firm posted $0.90 EPS. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. Gentherm updated its FY 2025 guidance to EPS.

Gentherm Price Performance

Gentherm stock opened at $33.35 on Thursday. Gentherm has a 52 week low of $30.25 and a 52 week high of $62.93. The company’s 50 day moving average price is $38.67 and its two-hundred day moving average price is $43.01. The stock has a market cap of $1.03 billion, a P/E ratio of 15.58 and a beta of 1.42. The company has a quick ratio of 1.38, a current ratio of 2.02 and a debt-to-equity ratio of 0.34.

Analyst Upgrades and Downgrades

Several research firms have recently commented on THRM. Robert W. Baird decreased their target price on shares of Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Craig Hallum decreased their price objective on Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, October 31st. StockNews.com upgraded Gentherm from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. cut their target price on Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th.

Insider Activity at Gentherm

In other news, SVP Hui (Helen) Xu sold 2,500 shares of Gentherm stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $42.00, for a total transaction of $105,000.00. Following the sale, the senior vice president now directly owns 18,947 shares in the company, valued at $795,774. The trade was a 11.66 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Thomas Stocker sold 1,295 shares of the business’s stock in a transaction dated 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 in the company, valued at $576,490.74. This trade represents a 8.80 % 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 company insiders.

Gentherm Company Profile

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.