share_log

Gentherm (THRM) to Release Earnings on Wednesday

Defense World ·  Feb 15, 2023 15:51

Gentherm (NASDAQ:THRM – Get Rating) is set to release its earnings data before the market opens on Wednesday, February 22nd. Analysts expect Gentherm to post earnings of $0.65 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Gentherm Trading Down 0.8 %

THRM stock opened at $71.91 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.20 and a quick ratio of 1.47. The company has a fifty day moving average price of $69.98 and a two-hundred day moving average price of $64.85. Gentherm has a one year low of $49.45 and a one year high of $91.54. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 49.59 and a beta of 1.34.

Get Gentherm alerts:

Analyst Upgrades and Downgrades

A number of research firms have commented on THRM. TheStreet raised shares of Gentherm from a "c+" rating to a "b-" rating in a research report on Friday, December 2nd. Seaport Res Ptn reaffirmed a "buy" rating on shares of Gentherm in a research report on Wednesday, November 2nd.

Institutional Investors Weigh In On Gentherm

Hedge funds and other institutional investors have recently modified their holdings of the company. US Bancorp DE lifted its holdings in shares of Gentherm by 9.8% during the first quarter. US Bancorp DE now owns 2,805 shares of the auto parts company's stock worth $206,000 after buying an additional 251 shares in the last quarter. Graham Capital Management L.P. acquired a new stake in shares of Gentherm during the first quarter worth $231,000. Westwood Holdings Group Inc. acquired a new stake in shares of Gentherm during the first quarter worth $240,000. Jane Street Group LLC lifted its holdings in shares of Gentherm by 20.0% during the first quarter. Jane Street Group LLC now owns 3,292 shares of the auto parts company's stock worth $240,000 after buying an additional 548 shares in the last quarter. Finally, Neuberger Berman Group LLC acquired a new stake in shares of Gentherm during the fourth quarter worth $220,000. Institutional investors and hedge funds own 98.75% of the company's stock.

About Gentherm

(Get Rating)

Gentherm, Inc engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Medical. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products.

Further Reading

  • Get a free copy of the StockNews.com research report on Gentherm (THRM)
  • LCI Industries Diversification Strategy Pays Off
  • Is It Time To Buy The Dip In The Coca-Cola Company
  • Ex-Dividend Date vs. Record Date: What's the Difference?
  • How Does the Consumer Price Index Affect the Stock Market?
  • Are Denny's Corporation Investors Due For A Grand Slam?

Receive News & Ratings for Gentherm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentherm and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment