In a report issued on February 22, Anthony Deem from Longbow Research reiterated a Sell rating on Gentherm (THRM), with a price target of $32. The company’s shares closed on Friday at $42.78.
According to TipRanks.com, Deem has 0 stars on 0-5 star ranking scale with an average return of -12.5% and a 24.4% success rate. Deem covers the Industrial Goods sector, focusing on stocks such as Visteon Corp, Veoneer Inc, and Adient plc.
Gentherm has an analyst consensus of Hold, with a price target consensus of $44.80.
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Based on Gentherm’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $12.63 million. In comparison, last year the company had a GAAP net loss of $5.24 million.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock.
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Gentherm, Inc. engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive, Industrial, and Reconciling Items.
