Seaport Res Ptn Forecasts Gentex FY2026 Earnings

Gentex Co. (NASDAQ:GNTX - Free Report) - Stock analysts at Seaport Res Ptn issued their FY2026 EPS estimates for shares of Gentex in a report issued on Monday, February 24th. Seaport Res Ptn analyst G. Chin anticipates that the auto parts company will post earnings per share of $2.22 for the year. The consensus estimate for Gentex's current full-year earnings is $2.04 per share.

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 for the quarter, missing the consensus estimate 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 in the previous year, the company earned $0.50 EPS.

Other equities research analysts have also recently issued reports about the stock. Robert W. Baird set a $31.00 price target on shares of Gentex in a research note on Monday, February 3rd. Guggenheim decreased their target price on shares of Gentex from $35.00 to $34.00 and set a "buy" rating on the stock in a research report on Thursday, November 21st. B. Riley reissued a "buy" rating and issued a $32.50 target price (down from $37.00) on shares of Gentex in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of Gentex from $34.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, February 3rd. Finally, UBS Group decreased their target price on shares of Gentex from $30.00 to $29.00 and set a "neutral" rating on the stock in a research report on Monday, February 3rd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Gentex currently has a consensus rating of "Hold" and an average price target of $32.31.

Gentex Price Performance

Shares of Gentex stock remained flat at $24.32 during mid-day trading on Wednesday. 2,523,649 shares of the company's stock traded hands, compared to its average volume of 1,932,422. Gentex has a one year low of $24.07 and a one year high of $37.58. The company has a market cap of $5.53 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.84 and a beta of 0.91. The stock has a fifty day moving average of $26.70 and a 200-day moving average of $28.90.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Midwest Capital Advisors LLC purchased a new position in Gentex in the fourth quarter valued at approximately $26,000. TD Private Client Wealth LLC raised its stake in shares of Gentex by 138.8% during the fourth quarter. TD Private Client Wealth LLC now owns 1,139 shares of the auto parts company's stock valued at $33,000 after purchasing an additional 662 shares during the period. Synergy Asset Management LLC purchased a new stake in shares of Gentex during the fourth quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Gentex by 32.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,419 shares of the auto parts company's stock valued at $70,000 after purchasing an additional 593 shares during the period. Finally, LRI Investments LLC raised its stake in shares of Gentex by 33.2% during the fourth quarter. LRI Investments LLC now owns 2,750 shares of the auto parts company's stock valued at $79,000 after purchasing an additional 686 shares during the period. Hedge funds and other institutional investors own 86.76% of the company's stock.

Gentex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 9th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $0.48 annualized dividend and a yield of 1.97%. Gentex's payout ratio is 27.27%.

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.