THRM Stock Summary and Trading Ideas (Gentherm | NASDAQ:THRM)

Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.

Gentherm trades on the NASDAQ stock market under the symbol THRM.

As of December 13, 2024, THRM stock price declined to $41.74 with 148,353 million shares trading.

THRM has a beta of 0.86, meaning it tends to be less sensitive to market movements. THRM has a correlation of 0.12 to the broad based SPY ETF.

THRM has a market cap of $1.29 billion. This is considered a Small Cap stock.

Last quarter Gentherm reported $372 million in Revenue and $.75 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.09.

In the last 3 years, THRM traded as high as $99.00 and as low as $38.21.

The top ETF exchange traded funds that THRM belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.

THRM has underperformed the market in the last year with a price return of -12.5% while the SPY ETF gained +29.9%. THRM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.6% and -0.9%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

THRM support price is $41.74 and resistance is $43.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THRM shares will trade within this expected range on the day.