Gentherm (NASDAQ:THRM) Hits New 1-Year Low – Time to Sell?

Gentherm Incorporated (NASDAQ:THRM) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $29.70 and last traded at $30.27, with a volume of 77954 shares traded. The stock had previously closed at $30.37.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. StockNews.com lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. reduced their price target 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 reduced their price target 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 Stock Performance

The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $926.13 million, a PE ratio of 14.53 and a beta of 1.45. The firm’s fifty day moving average price is $35.29 and its two-hundred day moving average price is $40.19.

Gentherm (NASDAQ:THRM) last posted its earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.39). The firm had revenue of $352.91 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm earned $0.90 earnings per share. As a group, equities research analysts forecast that Gentherm Incorporated will post 3.1 EPS for the current year.

Hedge Funds Weigh In On Gentherm

Several institutional investors have recently made changes to their positions in the company. Rhumbline Advisers increased its holdings in shares of Gentherm by 0.3% during the 4th quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company’s stock valued at $3,623,000 after purchasing an additional 277 shares in the last quarter. Comerica Bank grew its stake in Gentherm by 1.4% in the 4th quarter. Comerica Bank now owns 21,012 shares of the auto parts company’s stock valued at $839,000 after acquiring an additional 300 shares during the period. Captrust Financial Advisors grew its stake in Gentherm by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company’s stock valued at $386,000 after acquiring an additional 314 shares during the period. Signaturefd LLC grew its stake in Gentherm by 233.8% in the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 463 shares during the period. Finally, Quarry LP grew its stake in Gentherm by 952.9% in the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company’s stock valued at $25,000 after acquiring an additional 486 shares during the period. 97.13% of the stock is owned by hedge funds and other institutional investors.

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.