Gentex (GNTX) to Release Quarterly Earnings on Friday

Gentex (NASDAQ:GNTX - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Friday, April 25th. Analysts expect Gentex to post earnings of $0.43 per share and revenue of $578.68 million for the quarter. Gentex has set its FY 2025 guidance at EPS.

Gentex (NASDAQ:GNTX - Get Free Report) last announced 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 business posted $0.50 EPS. On average, analysts expect Gentex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gentex Stock Performance

Shares of NASDAQ GNTX traded up $0.54 during midday trading on Wednesday, reaching $22.29. The company's stock had a trading volume of 70,845 shares, compared to its average volume of 1,693,758. The company has a market cap of $5.04 billion, a P/E ratio of 12.66, a P/E/G ratio of 0.84 and a beta of 0.84. The business's 50 day moving average price is $23.40 and its two-hundred day moving average price is $27.02. Gentex has a fifty-two week low of $20.28 and a fifty-two week high of $35.33.

Gentex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Wednesday, April 9th. Gentex's dividend payout ratio (DPR) is currently 27.27%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on GNTX. Guggenheim decreased their price target on Gentex from $30.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday. Robert W. Baird reissued a "neutral" rating and set a $25.00 target price (down previously from $31.00) on shares of Gentex in a research note on Tuesday, April 15th. Baird R W downgraded shares of Gentex from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. The Goldman Sachs Group lowered their price objective on shares of Gentex from $28.00 to $23.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Finally, B. Riley reaffirmed a "buy" rating and set a $32.50 target price (down previously from $37.00) on shares of Gentex in a research note on Monday, February 3rd. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $28.31.

About Gentex

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.