B. Riley Predicts Gentex's FY2025 Earnings (NASDAQ:GNTX)

Gentex Co. (NASDAQ:GNTX - Free Report) - Stock analysts at B. Riley decreased their FY2025 earnings per share estimates for shares of Gentex in a research note issued on Monday, February 3rd. B. Riley analyst J. Nichols now forecasts that the auto parts company will earn $1.89 per share for the year, down from their prior estimate of $2.01. B. Riley has a "Buy" rating and a $32.50 price target on the stock. The consensus estimate for Gentex's current full-year earnings is $2.04 per share. B. Riley also issued estimates for Gentex's FY2026 earnings at $2.04 EPS.

A number of other research firms also recently weighed in on GNTX. JPMorgan Chase & Co. dropped their target price on Gentex from $34.00 to $32.00 and set a "neutral" rating for the company in a report on Monday, February 3rd. Guggenheim cut their price objective on shares of Gentex from $35.00 to $34.00 and set a "buy" rating for the company in a report on Thursday, November 21st. Bank of America lowered their target price on shares of Gentex from $39.00 to $35.00 and set a "neutral" rating on the stock in a report on Monday, October 14th. Robert W. Baird boosted their price target on Gentex from $35.00 to $37.00 and gave the company an "outperform" rating in a research note on Monday, October 28th. Finally, UBS Group lowered their price objective on Gentex from $30.00 to $29.00 and set a "neutral" rating on the stock in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Gentex currently has a consensus rating of "Hold" and a consensus target price of $33.06.

Gentex Stock Up 0.1 %

Shares of Gentex stock traded up $0.02 on Wednesday, hitting $25.06. The stock had a trading volume of 2,714,918 shares, compared to its average volume of 1,915,406. The stock has a market cap of $5.70 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 0.86 and a beta of 0.91. Gentex has a twelve month low of $24.57 and a twelve month high of $37.58. The business's 50 day moving average is $28.39 and its two-hundred day moving average is $29.51.

Gentex (NASDAQ:GNTX - Get Free Report) last posted its earnings results on Friday, January 31st. The auto parts company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.10). Gentex had a return on equity of 16.74% and a net margin of 17.49%. During the same quarter last year, the firm posted $0.50 EPS.

Institutional Trading of Gentex

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Midwest Capital Advisors LLC bought a new position in shares of Gentex during the 4th quarter valued at approximately $26,000. Synergy Asset Management LLC bought a new position in Gentex during the fourth quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Gentex by 227.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,826 shares of the auto parts company's stock worth $54,000 after buying an additional 1,269 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Gentex in the third quarter valued at $125,000. Finally, GAMMA Investing LLC lifted its position in shares of Gentex by 159.1% during the 4th quarter. GAMMA Investing LLC now owns 5,133 shares of the auto parts company's stock valued at $147,000 after buying an additional 3,152 shares during the last quarter. 86.76% of the stock is owned by institutional investors.

Gentex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.48 annualized dividend and a dividend yield of 1.92%. Gentex's dividend payout ratio is 27.27%.

Gentex Company Profile

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers.