While Gentherm Inc has overperformed by 1.35%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, THRM fell by -50.35%, with highs and lows ranging from $56.72 to $22.75, whereas the simple moving average fell by -39.14% in the last 200 days.
On October 21, 2024, JP Morgan Upgraded Gentherm Inc (NASDAQ: THRM) to Neutral. A report published by Argus on December 04, 2023, Downgraded its rating to ‘Hold’ for THRM. Robert W. Baird also Downgraded THRM shares as ‘Neutral’, setting a target price of $65 on the company’s shares in a report dated July 11, 2023. Seaport Research Partners Initiated an Buy rating on October 27, 2021, and assigned a price target of $105. Robert W. Baird initiated its ‘Outperform’ rating for THRM, as published in its report on September 22, 2021. Craig Hallum’s report from July 30, 2021 suggests a price prediction of $110 for THRM shares, giving the stock a ‘Buy’ rating. JP Morgan also rated the stock as ‘Underweight’.
Analysis of Gentherm Inc (THRM)
Further, the quarter-over-quarter decrease in sales is -3.82%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Gentherm Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 10.30% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.34, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and THRM is recording an average volume of 352.23K. On a monthly basis, the volatility of the stock is set at 6.64%, whereas on a weekly basis, it is put at 4.31%, with a gain of 4.07% over the past seven days. Furthermore, long-term investors anticipate a median target price of $40.00, showing growth from the present price of $24.82, which can serve as yet another indication of whether THRM is worth investing in or should be passed over.
How Do You Analyze Gentherm Inc Shares?
A leading company in the Auto Parts sector, Gentherm Inc (THRM) is based in the USA. When comparing Gentherm Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.02, there is a growth in quarterly earnings of -12.16%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.50%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 100.59% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
THRM shares are owned by institutional investors to the tune of 100.59% at present.
