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NASDAQ:GNTX

Gentex (GNTX) Stock Price, News & Analysis

$29.69
+0.45 (+1.54%)
(As of 10/17/2024 ET)

About Gentex Stock (NASDAQ:GNTX)

Key Stats

Today's Range
$29.13
$29.73
50-Day Range
$28.39
$31.33
52-Week Range
$27.86
$37.58
Volume
1.42 million shs
Average Volume
1.45 million shs
Market Capitalization
$6.86 billion
P/E Ratio
16.59
Dividend Yield
1.62%
Price Target
$36.13
Consensus Rating
Hold

Company Overview

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. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.

Gentex Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

GNTX MarketRank™: 

Gentex scored higher than 97% of companies evaluated by MarketBeat, and ranked 7th out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Gentex has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Gentex has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Gentex's stock forecast and price target.
  • Earnings Growth

    Earnings for Gentex are expected to grow by 18.37% in the coming year, from $1.96 to $2.32 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gentex is 16.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gentex is 16.59, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.77.

  • Price to Earnings Growth Ratio

    Gentex has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Gentex has a P/B Ratio of 3.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Gentex's valuation and earnings.
  • Percentage of Shares Shorted

    2.29% of the float of Gentex has been sold short.
  • Short Interest Ratio / Days to Cover

    Gentex has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gentex has recently increased by 5.85%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Gentex pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Gentex does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Gentex is 25.40%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Gentex will have a dividend payout ratio of 20.69% next year. This indicates that Gentex will be able to sustain or increase its dividend.

  • Read more about Gentex's dividend.
  • Percentage of Shares Shorted

    2.29% of the float of Gentex has been sold short.
  • Short Interest Ratio / Days to Cover

    Gentex has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gentex has recently increased by 5.85%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Gentex has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Gentex this week, compared to 5 articles on an average week.
  • Search Interest

    Only 4 people have searched for GNTX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Gentex to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Gentex insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,762,500.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.41% of the stock of Gentex is held by insiders.

  • Percentage Held by Institutions

    86.76% of the stock of Gentex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Gentex's insider trading history.
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GNTX Stock News Headlines

Gentex (GNTX) to Release Earnings on Friday
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Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Gentex (NASDAQ:GNTX) Given New $35.00 Price Target at Bank of America
See More Headlines

GNTX Stock Analysis - Frequently Asked Questions

Gentex's stock was trading at $32.66 at the beginning of 2024. Since then, GNTX stock has decreased by 9.1% and is now trading at $29.69.
View the best growth stocks for 2024 here
.

Gentex Co. (NASDAQ:GNTX) announced its quarterly earnings results on Friday, July, 26th. The auto parts company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.15. The auto parts company had revenue of $572.93 million for the quarter, compared to analysts' expectations of $623.28 million. Gentex had a net margin of 17.87% and a trailing twelve-month return on equity of 17.78%.

Gentex shares split on the morning of Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly created shares were payable to shareholders after the market closes on Wednesday, December 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Gentex's top institutional shareholders include Reinhart Partners LLC. (0.48%), Country Trust Bank (0.39%), Birch Hill Investment Advisors LLC (0.24%) and Well Done LLC (0.17%). Insiders that own company stock include Corp Gentex, Steven R Downing, Richard O Schaum, Kevin C Nash, Neil Boehm, James A Hollars, Gary F Goode, Kathleen Starkoff, Scott P Ryan, James H Wallace, Joseph B Anderson Jr and Matthew Chiodo.
View institutional ownership trends
.

Shares of GNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Gentex investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Humana (HUM), McKesson (MCK), American Water Works (AWK) and Charles Schwab (SCHW).

Company Calendar

Last Earnings
7/26/2024
Ex-Dividend for 10/23 Dividend
10/09/2024
Today
10/17/2024
Dividend Payable
10/23/2024
Next Earnings (Confirmed)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
Current Symbol
NASDAQ:GNTX
CUSIP
37190110
Employees
6,245
Year Founded
1974

Price Target and Rating

Average Stock Price Target
$36.13
High Stock Price Target
$41.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+21.7%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$428.40 million
Pretax Margin
21.02%

Debt

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$2.30 per share
Book Value
$9.91 per share

Miscellaneous

Free Float
229,273,000
Market Cap
$6.86 billion
Optionable
Optionable
Beta
0.92

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This page (NASDAQ:GNTX) was last updated on 10/18/2024 by MarketBeat.com Staff
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