Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Gentherm Inc (NASDAQ: THRM) weakened during the last several trading days. THRM’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Gentherm Inc (NASDAQ: THRM) stock closed at $49.64 on 8/9/24 after a modest gain of 0.9%. Trading volume in this advance was normal. The stock has declined -8.2% during the last week and has performed in line with the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Gentherm has a neutral Appreciation Score of 43 and a slightly negative Power Rating of 38, with the Negative Value Trend Rating the result.
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