What is B. Riley's Forecast for Gentex Q1 Earnings?

Gentex Co. (NASDAQ:GNTX - Free Report) - Research analysts at B. Riley issued their Q1 2025 EPS estimates for Gentex in a research report issued on Monday, February 3rd. B. Riley analyst J. Nichols forecasts that the auto parts company will post earnings per share of $0.44 for the quarter. B. Riley currently has a "Buy" rating and a $32.50 target price on the stock. The consensus estimate for Gentex's current full-year earnings is $2.10 per share. B. Riley also issued estimates for Gentex's Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.54 EPS and Q4 2025 earnings at $0.45 EPS.

Several other research firms have also recently weighed in on GNTX. JPMorgan Chase & Co. decreased their target price on shares of Gentex from $34.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday. UBS Group decreased their target price on shares of Gentex from $30.00 to $29.00 and set a "neutral" rating for the company in a research note on Monday. Bank of America decreased their target price on shares of Gentex from $39.00 to $35.00 and set a "neutral" rating for the company in a research note on Monday, October 14th. Robert W. Baird raised their target price on shares of Gentex from $35.00 to $37.00 and gave the company an "outperform" rating in a research note on Monday, October 28th. Finally, Guggenheim reduced their price objective on shares of Gentex from $35.00 to $34.00 and set a "buy" rating for the company in a research report on Thursday, November 21st. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $33.06.

Gentex Stock Up 0.1 %

Shares of NASDAQ:GNTX traded up $0.02 during midday trading on Tuesday, hitting $25.06. The stock had a trading volume of 2,714,918 shares, compared to its average volume of 1,984,101. Gentex has a 12 month low of $24.57 and a 12 month high of $37.58. The business's 50-day simple moving average is $28.50 and its 200-day simple moving average is $29.56. The company has a market cap of $5.70 billion, a P/E ratio of 14.24, a PEG ratio of 0.86 and a beta of 0.91.

Gentex (NASDAQ:GNTX - Get Free Report) last posted its quarterly earnings data 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 net margin of 17.49% and a return on equity of 16.74%. During the same quarter last year, the company earned $0.50 earnings per share.

Institutional Investors Weigh In On Gentex

A number of institutional investors have recently modified their holdings of the business. EdgePoint Investment Group Inc. boosted its position in shares of Gentex by 1.5% in the third quarter. EdgePoint Investment Group Inc. now owns 7,699,919 shares of the auto parts company's stock valued at $228,611,000 after acquiring an additional 111,500 shares during the period. Geode Capital Management LLC boosted its position in shares of Gentex by 5.6% in the third quarter. Geode Capital Management LLC now owns 5,368,004 shares of the auto parts company's stock valued at $159,406,000 after acquiring an additional 285,802 shares during the period. Disciplined Growth Investors Inc. MN boosted its position in shares of Gentex by 5.5% in the third quarter. Disciplined Growth Investors Inc. MN now owns 4,493,914 shares of the auto parts company's stock valued at $133,424,000 after acquiring an additional 234,083 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Gentex by 16.1% in the fourth quarter. Bank of New York Mellon Corp now owns 2,787,311 shares of the auto parts company's stock valued at $80,079,000 after acquiring an additional 386,461 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Gentex by 179.7% in the third quarter. JPMorgan Chase & Co. now owns 2,000,796 shares of the auto parts company's stock valued at $59,404,000 after acquiring an additional 1,285,519 shares during the period. Institutional investors own 86.76% of the company's stock.

Gentex Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.92%. Gentex's payout ratio is presently 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.