Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. The company operates through two segments, Automotive and Medical. The Automotive segment offers climate comfort system solutions, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units that utilize proprietary electronics technology and software; and other climate comfort system solutions, including neck conditioners and climate control system products for door panels, armrests, cupholders, and storage bins. It also provides battery performance solutions, including cell connecting devices for various types of automotive batteries, as well as thermal management products for heating and cooling 12V, 48V, and high voltage batteries and battery modules; and automotive electronic and software systems comprising electronic control units for climate comfort systems, as well as for memory seat modules and other devices. This segment serves light vehicle original equipment manufacturers (OEMs), commercial vehicle OEMs, and first tier suppliers to the automotive OEMs, including automotive seat manufacturers, as well as aftermarket seat distributors and installers. The Medical segment offers patient temperature management systems. The company provides its products and services in the United States, Germany, Canada, China, Hungary, Japan, Korea, the Czech Republic, Macedonia, Malta, Mexico, the United Kingdom, Ukraine, and Vietnam. The company was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. Gentherm Incorporated was incorporated in 1991 and is headquartered in Northville, Michigan.
IPO Year:
Exchange: NASDAQ
Website: gentherm.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $56.00 | Underweight → Neutral | JP Morgan |
| 12/4/2023 | Buy → Hold | Argus | |
| 7/11/2023 | $73.00 → $65.00 | Outperform → Neutral | Robert W. Baird |
| 10/27/2021 | $105.00 | Buy | Seaport Global |
| 9/22/2021 | $94.00 | Outperform | Robert W. Baird |
| 9/22/2021 | $94.00 | Outperform | Baird |
| 7/30/2021 | $85.00 → $92.00 | Buy | Roth Capital |
| 7/30/2021 | $70.00 → $110.00 | Hold → Buy | Craig Hallum |
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NORTHVILLE, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Jonathan ("Jon") Douyard will join the Company's leadership team as Executive Vice President, Chief Financial Officer and Treasurer, effective January 1, 2025. Douyard will lead all of Gentherm's finance, treasury, investor relations, and IT operations on a global basis, reporting to Gentherm's next President and CEO, Bill Presley. Douyard succeeds Matteo Anversa, who served as CFO until September 2024 when he
NORTHVILLE, Mich., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that the fireside chat with Phil Eyler, President and CEO, at the 2024 Baird Global Industrial Conference in Chicago will now begin at 7:55 am CST on Tuesday, November 12, 2024. The fireside chat will last for approximately 30 minutes. There will be a live webcast of the presentation, and a replay will be available for 90 days following the presentation on the Events page of the Investor Relations section
Bill Presley, Vice-Chairman and COO of Aptiv PLCto become President and CEO, and Board Director, as of January 1, 2025 Phil Eyler to Remain as an Advisor to Gentherm through June 30, 2025 NORTHVILLE, Mich., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its planned CEO succession, effective January 1, 2025. Gentherm's current President and Chief Executive Officer, Phillip Eyler, will be succeeded by William ("Bill") Presley, who currently serves as Vice Chairman and Chief
Strong Outperformance Over Light Vehicle ProductionSecured Third Quarter Record $600 Million in Automotive New Business AwardsUpdates 2024 Guidance NORTHVILLE, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the third quarter ending September 30, 2024. Third Quarter Highlights Product revenues of $371.5 million increased 1.5% from $366.2 million in the third quarter of 2023. Excluding the impact of foreign currency translation, product revenues in
NORTHVILLE, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Phil Eyler, President and CEO will participate in a fireside chat at the 2024 Baird Global Industrial Conference in Chicago on Tuesday, November 12, 2024. The fireside chat will begin at 6:45 am CST and last for approximately 30 minutes. There will be a live webcast of the presentation, and a replay will be available for 90 days following the presentation on the Events page of the Investor Relations section o
NORTHVILLE, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the third quarter 2024 on Wednesday, October 30, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13749599 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations se
NORTHVILLE, Mich., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that its Executive Vice President, Chief Financial Officer and Treasurer, Matteo Anversa, has resigned effective September 1, 2024 to accept the role of Chief Financial Officer of Logitech International. "On behalf of our employees, our leadership team and our Board of Directors, I want to thank Matteo for his significant contributions to Gentherm over the past five and one-half years. Having him as my partner to dr
Record Quarterly Revenue of $376 MillionHighest Quarterly Operating Income in Three YearsSecured $660 Million in Automotive New Business Awards NORTHVILLE, Mich., July 31, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the second quarter ending June 30, 2024. Second Quarter Highlights Product revenues of $375.7 million increased 0.9% from $372.3 million in the second quarter of 2023. Excluding the impact of foreign currency translation, product revenues in
NORTHVILLE, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Phil Eyler, President and CEO, and Matteo Anversa, Executive Vice President of Finance, Chief Financial Officer and Treasurer, will participate in a fireside chat at the 2024 J.P. Morgan Auto Conference in New York City on Thursday, August 8, 2024. The fireside chat will begin at 8:45 a.m. (ET) and last for approximately 35 minutes. There will be a live audio webcast of the presentation and a replay will be
NORTHVILLE, Mich., July 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the second quarter 2024 on Wednesday, July 31, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13747799 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations sect
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Strong Outperformance Over Light Vehicle ProductionSecured Third Quarter Record $600 Million in Automotive New Business AwardsUpdates 2024 Guidance NORTHVILLE, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the third quarter ending September 30, 2024. Third Quarter Highlights Product revenues of $371.5 million increased 1.5% from $366.2 million in the third quarter of 2023. Excluding the impact of foreign currency translation, product revenues in
NORTHVILLE, Mich., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the third quarter 2024 on Wednesday, October 30, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13749599 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations se
Record Quarterly Revenue of $376 MillionHighest Quarterly Operating Income in Three YearsSecured $660 Million in Automotive New Business Awards NORTHVILLE, Mich., July 31, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the second quarter ending June 30, 2024. Second Quarter Highlights Product revenues of $375.7 million increased 0.9% from $372.3 million in the second quarter of 2023. Excluding the impact of foreign currency translation, product revenues in
NORTHVILLE, Mich., July 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the second quarter 2024 on Wednesday, July 31, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13747799 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations sect
Achieved 86% Year over Year Growth in Net IncomeSecured $530M of Automotive New Business AwardsReaffirms 2024 Guidance NORTHVILLE, Mich., April 30, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the first quarter ending March 31, 2024. First Quarter Highlights Product revenues of $356.0 million decreased 2.1% from $363.6 million in the first quarter of 2023. Excluding the impact of foreign currency translation, product revenues decreased 1.3% year over yearAutom
NORTHVILLE, Mich., April 10, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the first quarter 2024 on Tuesday, April 30, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13745957 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations secti
Achieves Record Annual Revenue of $1.5 BillionSecures Unprecedented Annual Automotive Business Awards of $2.6 BillionEstablishes 2024 Guidance and Updates 2026 Outlook NORTHVILLE, Mich., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Product revenues of $366.9 million increased 6.9% from $343.3 million in the 2022 fourth quarter. Excluding the impact of foreign curr
NORTHVILLE, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the fourth quarter and year-end 2023 on Wednesday, February 21, 2024, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID number: 13744168 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Invest
Delivered Highest Quarterly Adjusted EBITDA in Ten QuartersSecured $520M in New Automotive Business Awards, a Third Quarter RecordUpdates 2023 Guidance NORTHVILLE, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the third quarter ending September 30, 2023. Third Quarter Highlights Product revenues of $366.2 million increased 10.0% from $333.0 million in the third quarter of 2022. Excluding the impact of foreign currency translation, product
NORTHVILLE, Mich., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the third quarter 2023 at 6 am (ET) on Thursday, October 26, 2023, and will host a conference call to discuss those results at 8 am (ET) that same day. Conference CallToll-free dial-in number: 1-877-407-4018 International dial-in number: 1-201-689-8471Conference ID number: 13741956 WebcastA live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor
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JP Morgan upgraded Gentherm from Underweight to Neutral and set a new price target of $56.00
Argus downgraded Gentherm from Buy to Hold
Robert W. Baird downgraded Gentherm from Outperform to Neutral and set a new price target of $65.00 from $73.00 previously
Seaport Global initiated coverage of Gentherm with a rating of Buy and set a new price target of $105.00
Robert W. Baird initiated coverage of Gentherm with a rating of Outperform and set a new price target of $94.00
Baird initiated coverage of Gentherm with a rating of Outperform and set a new price target of $94.00
Roth Capital reiterated coverage of Gentherm with a rating of Buy and set a new price target of $92.00 from $85.00 previously
Craig Hallum upgraded Gentherm from Hold to Buy and set a new price target of $110.00 from $70.00 previously
Roth Capital reiterated coverage of Gentherm with a rating of Buy and set a new price target of $85.00 from $53.00 previously
JP Morgan downgraded Gentherm from Neutral to Underweight and set a new price target of $60 from $51 previously
JP Morgan analyst Ryan Brinkman maintains Gentherm (NASDAQ:THRM) with a Underweight and lowers the price target from $60 to $56.
Baird analyst Luke Junk maintains Gentherm (NASDAQ:THRM) with a Neutral and lowers the price target from $65 to $60.
Agreement expected to help develop next generation of innovative products, elevate customer vehicle experiences, and improve everyday lifeTEANECK, N.J., June 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced an agreement to provide engineering services to Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Cognizant is providing systems engineering, validation, and model-based development services from Hyderabad, India, and has created a test facility to conduct research and development for Gentherm products.
Baird analyst Luke Junk maintains Gentherm (NASDAQ:THRM) with a Neutral and lowers the price target from $67 to $65.
Gentherm (NASDAQ:THRM) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.43 by 44.19 percent. This is a 26.53 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $356.01 million which missed the analyst consensus estimate of $358.53 million by 0.70 percent. This is a 2.09 percent decrease over sales of $363.63 million the same period last year.
Analysts' ratings for Gentherm (NASDAQ:THRM) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 1 3 0 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 1 0 3M Ago 0 0 0 1 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.75, a high estimate of $66.00, and a low estimate of $58.
JP Morgan analyst Ryan Brinkman maintains Gentherm (NASDAQ:THRM) with a Underweight and lowers the price target from $63 to $60.
NORTHVILLE, Mich., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Jonathan ("Jon") Douyard will join the Company's leadership team as Executive Vice President, Chief Financial Officer and Treasurer, effective January 1, 2025. Douyard will lead all of Gentherm's finance, treasury, investor relations, and IT operations on a global basis, reporting to Gentherm's next President and CEO, Bill Presley. Douyard succeeds Matteo Anversa, who served as CFO until September 2024 when he
NORTHVILLE, Mich., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that Dr. Ken Washington has been appointed to the Company's Board of Directors, effective October 2, 2023. Dr. Washington is the Senior Vice President, Chief Technology and Innovation Officer of Medtronic plc (NYSE:MDT), a global healthcare technology company that provides device-based medical therapies and services. He was appointed to this position in June 2023, and he leads innovation and the expansion of technol
Former Intel, HARMAN International, and Verifone Exec to Lead Company as it Prepares to Deliver Commercial Products at Scale Across Markets AEye, Inc. (NASDAQ:LIDR), a global leader in adaptive, high-performance lidar solutions, today announced it has named Matt Fisch as the company's new CEO and as a member of its board of directors effective February 13, 2023. Fisch is a deeply technical C-level leader with 30 years of experience delivering breakout products across industries, and scaling software organizations at multi-billion-dollar global companies including HARMAN International, Intel, and Verifone. He takes the reins at AEye as the company transitions into commercialization of its a
CINCINNATI, April 26, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, announced today that it has appointed Ryan Gaul to the newly created position of "President – Commercial Vehicles," effective April 22, 2021. The President – Commercial Vehicles role will be responsible for managing Workhorse's commercial vehicles division, including its manufacturing facility in Union City. Gaul will report directly to Company CEO, Duane Hughes. Gaul brings nearly two decades of automotive experience in senio
NORTHVILLE, Mich., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that Betsy Meter has been appointed to the Company’s Board of Directors effective January 8, 2021. Meter served as Managing Partner, Michigan at KPMG LLP, a global firm that provides audit, tax and advisory services, from February 2018 until her retirement in December 2020. In this role, she led the strategic direction and growth of KPMG’s Detroit and Grand Rapids offices. She also served as the Partner-in-Charge of Audit for Michigan from 2013 to 2017, in addition to her role as an Audit Partner for 24 years wher
NORTHVILLE, Mich., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader and developer of innovative thermal management technologies, today announced that Steve Fletcher has joined the Company as Senior Vice President and General Manager of its Medical business. In this position, Fletcher will lead Gentherm’s global Medical business. He will be responsible for profitable growth, developing and launching new products, and continuing to drive synergies with the Company’s Automotive product lines. Fletcher will report to Gentherm’s President and CEO Phil Eyler. “I am excited that Steve is joining our executive management team. His extensive experience in