Clearbridge Investments LLC Invests in Gentherm Incorporated in Fourth Quarter
June 1, 2023
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Gentherm Incorporated ($NASDAQ:THRM) is a leading global developer and marketer of thermal management technologies for a broad range of heating and cooling and temperature control applications. The company designs, develops, manufactures, and markets a range of products, systems, and components that utilize its proprietary technologies to control the temperature of its products. It offers products for automotive, industrial, and medical device applications. Clearbridge Investments LLC recently invested in Gentherm Incorporated during the fourth quarter. This was reported in the company’s filing with the SEC.
Clearbridge is a well-known financial institution that provides capital to a variety of companies at different stages of their development. Gentherm Incorporated has seen steady growth over the past few years and this new investment certainly seems to be a vote of confidence in the company. With this latest injection of capital, Gentherm Incorporated will be able to further capitalize on their existing technologies and expand their product offerings. With a strong focus on innovation and customer satisfaction, Gentherm Incorporated is well-positioned to continue its growth trajectory in the months and years ahead.
Price History
The stock opened at $57.2 and closed at $55.8, down 2.3% from the previous closing price of 57.1. This strategic move signals the intent of Clearbridge to capitalize on the potential of Gentherm Incorporated, a leading global developer and marketer of heating, cooling, and ventilating devices. The investment is a reflection of their confidence in the company’s future success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gentherm Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 20.66 | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gentherm Incorporated. More…
| Operations | Investing | Financing |
| 40.74 | -236.49 | 180.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gentherm Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.27k | 588.43 | 20.54 |
Key Ratios Snapshot
Some of the financial key ratios for Gentherm Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.3% | -14.6% | 3.2% |
| FCF Margin | ROE | ROA |
| 0.0% | 3.9% | 2.1% |
Analysis
At GoodWhale, we’ve analyzed GENTHERM INCORPORATED‘s fundamentals and provide our insights. Our Risk Rating suggests that GENTHERM INCORPORATED is a high risk investment. We have detected 3 risk warnings when we looked at the company’s income sheet, balance sheet, and financial journal. If you want to investigate further, register on goodwhale.com and we’ll provide you with the full details. More…
Peers
Its competitors are PPAP Automotive Ltd, CIE Automotive SA, and Bethel Automotive Safety Systems Co Ltd.
– PPAP Automotive Ltd ($BSE:532934)
PPAP Automotive Ltd is a Japanese company that manufactures and sells automotive parts and components. The company has a market cap of 2.91B as of 2022 and a Return on Equity of 3.09%. PPAP Automotive Ltd is a publicly traded company listed on the Tokyo Stock Exchange.
– CIE Automotive SA ($LTS:0DZC)
As of 2022, CIE Automotive SA has a market cap of 3.05B and a Return on Equity of 26.38%. The company manufactures and sells automotive components and systems. It operates in two segments: Components and Modules, and Systems. The Components and Modules segment manufactures and sells products such as suspension systems, motorized seats, cockpits, and security systems. The Systems segment provides services such as assembly, painting, and logistics.
– Bethel Automotive Safety Systems Co Ltd ($SHSE:603596)
Bethel Automotive Safety Systems Co Ltd is a company that manufactures automotive safety systems. The company has a market cap of 35.68B as of 2022 and a return on equity of 11.57%. The company’s products include airbags, seatbelts, and other safety systems.
Summary
This suggests that Clearbridge believes that Gentherm Incorporated is a promising investment opportunity. Its products are used in a broad range of industries, including automotive, industrial, medical, and consumer. The company also has several upcoming contracts with large automakers, and is expected to benefit from increased demand for its products. With strong fundamentals and a diverse portfolio of customers, Gentherm Incorporated appears to be a sound investment choice for investors.
