Gentherm (THRM) Forms $31.00 Double Bottom; Honeywell International (HON) Sentiment Is 1.14

Honeywell International Inc. operates as a diversified technology and manufacturing firm worldwide. The company has market cap of $115.75 billion. It operates through four divisions: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. It has a 71.93 P/E ratio. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other clients in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

Gentherm Incorporated (THRM) formed double bottom with $29.45 target or 5.00% below today’s $31.00 share price. Gentherm Incorporated (THRM) has $1.14B valuation. The stock decreased 3.28% or $1.05 during the last trading session, reaching $31. About 203,326 shares traded. Gentherm Incorporated (NASDAQ:THRM) has risen 4.10% since February 28, 2017 and is uptrending. It has underperformed by 12.60% the S&P500.

Among 9 analysts covering Gentherm Inc (NASDAQ:THRM), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Gentherm Inc had 15 analyst reports since July 29, 2016 according to SRatingsIntel. The firm has “Neutral” rating by Roth Capital given on Friday, July 29. The company was downgraded on Friday, July 29 by Buckingham Research. The rating was maintained by FBR Capital on Wednesday, May 31 with “Buy”. The firm earned “Outperform” rating on Friday, January 13 by Barrington Research. Roth Capital maintained the shares of THRM in report on Friday, July 28 with “Hold” rating. FBR Capital maintained the shares of THRM in report on Thursday, June 29 with “Buy” rating. Craig Hallum upgraded the shares of THRM in report on Wednesday, February 21 to “Buy” rating. The rating was maintained by JP Morgan with “Overweight” on Wednesday, February 21. Argus Research downgraded Gentherm Incorporated (NASDAQ:THRM) on Friday, September 23 to “Hold” rating. FBR Capital upgraded Gentherm Incorporated (NASDAQ:THRM) on Thursday, October 13 to “Outperform” rating.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on April, 20. They expect $1.88 earnings per share, up 13.25% or $0.22 from last year’s $1.66 per share. HON’s profit will be $1.41B for 20.47 P/E if the $1.88 EPS becomes a reality. After $1.85 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 1.62% EPS growth.

The stock decreased 1.65% or $2.58 during the last trading session, reaching $153.92. About 3.10M shares traded. Honeywell International Inc. (HON) has risen 17.66% since February 28, 2017 and is uptrending. It has outperformed by 0.96% the S&P500.

Gabalex Capital Management Llc holds 9.86% of its portfolio in Honeywell International Inc. for 225,000 shares. Evercore Trust Company N.A. owns 19.71 million shares or 8.08% of their US portfolio. Moreover, Suncoast Equity Management has 6.29% invested in the company for 152,870 shares. The Ohio-based Cincinnati Financial Corp has invested 6.1% in the stock. Cincinnati Casualty Co, a Ohio-based fund reported 50,000 shares.

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