Barrington analyst Gary Prestopino maintained a Buy rating on Gentherm (NASDAQ:THRM) on Monday, setting a price target of $50, which is approximately 28.97% above the present share price of $38.77.
Prestopino expects Gentherm to post earnings per share (EPS) of $0.36 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Gentherm, with an average price target of $47.6.
The analysts price targets range from a high of $55 to a low of $39.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $228.61 million and a net profit of $22.47 million. The company's market cap is $1.26 billion.
According to TipRanks.com, Barrington analyst Gary Prestopino is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.3% and a 45.96% success rate.
Gentherm, Inc. engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Industrial. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products. The Industrial segment includes global power technologies business, and research and development division. The company was founded by Lon E. Bell in 1991 and is headquartered in Northville, MI.