|Over a month ago|
Robert W. Baird & Co. to hold a virtual conference » 09:2503/0903/09/21
INSM, HIMX, THRM, FUV, BWA, VNE, VLDR, XL, LFUS
Vehicle Technology &…
Vehicle Technology & Mobility Virtual Conference 2021 will be held on March 9-10.
Gentherm price target raised to $85 from $53 at Roth Capital » 07:0603/0203/02/21
Roth Capital analyst Matt…
Roth Capital analyst Matt Koranda raised the firm's price target on Gentherm to $85 from $53 and keeps a Buy rating on the shares. Gentherm's Q4 results were strong, with roughly 20pts of excess growth vs. the industry, while also continuing to outperform margin expectations, Koranda tells investors in a research note. The analyst believes the bookings environment looks highly-attractive for Gentherm, and sees a potential ClimateSense commercial booking on the horizon, which would be transformative for the business in the next cycle.
Gentherm sees FY21 product revenue $1.05B-$1.13B, consensus $1.02B » 06:0903/0103/01/21
Sees FY21 adjusted EBITDA…
Sees FY21 adjusted EBITDA between 17%-9% of product revenues;Full-year effective tax rate between 22%-24%; Capital expenditures between $50M-$60M.
Gentherm reports Q4 adjusted EPS $1.16, consensus 71c » 06:0803/0103/01/21
Reports Q4 revenue…
Reports Q4 revenue $288.9M, consensus $257.29M.
Gentherm sees 2021 product revenue $1.05B-$1.13B, consensus $1B » 08:1302/1802/18/21
Sees Adjusted EBITDA…
Sees Adjusted EBITDA between 17% and 19% of product revenues
Gentherm reports 2020 revenue $940M, consensus $873.7M » 08:1202/1802/18/21
For full-year 2020, the…
For full-year 2020, the Company reported product revenues of $913.1M, a 6.0% decrease as compared with the prior year. The Company secured new automotive business awards totaling approximately $440M in the fourth quarter 2020, resulting in a total of $940M for full-year 2020. Phil Eyler, Gentherm's President and CEO, said "Our global team has pivoted quickly to respond to strengthening OEM demand over the past several months, finishing with strong revenue results for the fourth quarter and winning over 90% of the automotive opportunities available to us in 2020. I am very proud of the agility, hard work and commitment of the talented Gentherm team to overcome challenges in the market and deliver the highest quarterly revenue in the Company's history. We are carrying this strong momentum into 2021 and anticipate continued outperformance relative to the automotive market."
Gentherm reports Q4 products revenue $288.9M, consensus $249.51M » 08:1002/1802/18/21
The Company announced…
The Company announced fourth quarter 2020 product revenues of $288.9M, an increase of $58.5M, or 25.4%, as compared with the prior-year period.
Gentherm postpones Q4, FY20 earnings release » 08:0902/1802/18/21
Gentherm announced that…
Gentherm announced that it will postpone its 2020 fourth quarter and full-year earnings release and conference call, originally scheduled for Friday, February 19, 2021. The Company requires additional time to complete its review of the valuation of certain tax assets, as well as to assess any related non-cash impact on its financial statements for 2018 through 2020, and for its current and prior audit firms to complete their related audit procedures. The Company expects to issue its financial statements in the coming weeks. Gentherm will publicly announce a new earnings release and conference call date and time when available.
Gentherm downgraded to Underweight on valuation at JPMorgan » 09:2801/2201/22/21
JPMorgan analyst Ryan…
JPMorgan analyst Ryan Brinkman downgraded Gentherm to Underweight from Neutral with a price target of $60, up from $51. The analyst has "no knocks on Gentherm apart from valuation."
Gentherm downgraded to Underweight from Neutral at JPMorgan » 05:1601/2201/22/21
JPMorgan analyst Ryan…
JPMorgan analyst Ryan Brinkman downgraded Gentherm to Underweight from Neutral with a $60 price target.