Other equities analysts have also recently issued research reports about the stock. Longbow Research began coverage on shares of Gentherm in a research note on Friday, January 5th. They issued an underperform rating on the stock. BidaskClub upgraded shares of Gentherm from a strong sell rating to a sell rating in a research note on Thursday, February 8th. Zacks Investment Research cut shares of Gentherm from a hold rating to a sell rating in a research note on Saturday, February 10th. Finally, Argus dropped their price target on shares of Gentherm to $40.00 and set a buy rating on the stock in a research note on Friday, December 15th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of $40.57.
Gentherm (THRM) opened at $31.65 on Friday. The stock has a market cap of $1,160.00, a PE ratio of 17.49, a P/E/G ratio of 0.51 and a beta of 1.86. Gentherm has a one year low of $29.50 and a one year high of $40.80. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.23 and a quick ratio of 2.47.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Voya Investment Management LLC lifted its stake in Gentherm by 10.5% during the 2nd quarter. Voya Investment Management LLC now owns 16,509 shares of the auto parts company’s stock valued at $641,000 after acquiring an additional 1,569 shares during the period. American International Group Inc. lifted its stake in Gentherm by 5.8% during the 3rd quarter. American International Group Inc. now owns 29,043 shares of the auto parts company’s stock valued at $1,079,000 after acquiring an additional 1,591 shares during the period. TD Asset Management Inc. lifted its stake in Gentherm by 3.2% during the 3rd quarter. TD Asset Management Inc. now owns 52,024 shares of the auto parts company’s stock valued at $1,933,000 after acquiring an additional 1,600 shares during the period. Victory Capital Management Inc. lifted its stake in Gentherm by 37.4% during the 3rd quarter. Victory Capital Management Inc. now owns 6,156 shares of the auto parts company’s stock valued at $229,000 after acquiring an additional 1,677 shares during the period. Finally, California Public Employees Retirement System lifted its stake in shares of Gentherm by 2.0% in the 2nd quarter. California Public Employees Retirement System now owns 86,400 shares of the auto parts company’s stock worth $3,352,000 after purchasing an additional 1,700 shares during the period. Institutional investors and hedge funds own 99.97% of the company’s stock.
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Gentherm Company Profile
Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.
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