Alert: New Earnings Report (10/30/24)-Gentherm Inc (NASDAQ: THRM).

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For its third fiscal quarter (ending September 30), Gentherm Inc (NASDAQ: THRM) has reported a 6% increase in E.P.S. from $0.48 a year ago to $0.51 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.15 versus $0.54 for the same period a year ago — an increase of 298%.

Recent Price Action

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Gentherm Inc (NASDAQ: THRM) stock closed at $42.20 on 10/30/24 after an increase of 1.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 245% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.7% during the last week.

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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Gentherm has a neutral Appreciation Score of 57 but a poor Power Rating of 21, and the Negative Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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