Gentherm (NASDAQ:THRM) Given Daily Media Impact Score of 0.18
Press coverage about Gentherm (NASDAQ:THRM) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Gentherm earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 46.9043786075563 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of equities research analysts recently issued reports on THRM shares. B. Riley raised their price target on Gentherm from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, June 26th. Buckingham Research raised their price target on Gentherm from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Friday, July 27th. BMO Capital Markets raised their price objective on Gentherm from $46.00 to $53.00 and gave the stock an “outperform” rating in a report on Tuesday, July 31st. JPMorgan Chase & Co. raised their price objective on Gentherm from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, July 27th. Finally, Zacks Investment Research upgraded Gentherm from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $44.09.
THRM traded up $0.65 on Friday, reaching $48.30. 143,499 shares of the stock were exchanged, compared to its average volume of 210,701. Gentherm has a fifty-two week low of $30.17 and a fifty-two week high of $49.80. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.91 and a current ratio of 2.60. The stock has a market cap of $1.75 billion, a P/E ratio of 25.67 and a beta of 1.63.
In other Gentherm news, VP Kenneth John Phillips sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $40.00, for a total transaction of $800,000.00. Following the completion of the sale, the vice president now directly owns 51,198 shares in the company, valued at approximately $2,047,920. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Barry G. Steele sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $40.00, for a total value of $2,000,000.00. Following the sale, the chief financial officer now owns 88,234 shares of the company’s stock, valued at $3,529,360. The disclosure for this sale can be found here. In the last three months, insiders sold 117,619 shares of company stock valued at $4,839,627. Insiders own 2.30% of the company’s stock.
Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.
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