Alert: Negative Investment/Fundamental Signals (8/8/24)-Gentherm Inc (NASDAQ: THRM)

out_logo_500#22201.jpg

Recent important negative changes in fundamentals have affected Gentherm Inc (NASDAQ: THRM): the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Important negative changes in Gentherm Inc (NASDAQ: THRM) investment behavior have recently occurred: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#22201.jpg

Current PriceTarget Research Rating

THRM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Gentherm has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gentherm has a neutral Appreciation Score of 42 and a slightly negative Power Rating of 40, with the Low Neutral Value Trend Rating the result.

Recent Price Action

Gentherm Inc (NASDAQ: THRM) stock declined modestly by -1.3% on 8/8/24. The stock closed at $49.21. However, this decline was accompanied by unusually low trading volume at 60% of normal. The stock has performed in line with the market over the last nine months and has declined -10.8% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*