Zacks Research Issues Negative Estimate for Gentex Earnings

Gentex Co. (NASDAQ:GNTX - Free Report) - Stock analysts at Zacks Research dropped their Q1 2025 EPS estimates for Gentex in a note issued to investors on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the auto parts company will earn $0.45 per share for the quarter, down from their prior estimate of $0.46. The consensus estimate for Gentex's current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex's FY2025 earnings at $1.89 EPS, Q1 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.50 EPS, FY2026 earnings at $2.08 EPS and FY2027 earnings at $2.13 EPS.

A number of other research firms have also recently commented on GNTX. UBS Group cut their price target on shares of Gentex from $30.00 to $29.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. B. Riley restated a "buy" rating and issued a $32.50 target price (down previously from $37.00) on shares of Gentex in a report on Monday, February 3rd. Guggenheim dropped their target price on shares of Gentex from $35.00 to $34.00 and set a "buy" rating on the stock in a report on Thursday, November 21st. JPMorgan Chase & Co. dropped their target price on shares of Gentex from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. Finally, Robert W. Baird set a $31.00 target price on shares of Gentex in a report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $32.31.

Gentex Stock Performance

Shares of NASDAQ:GNTX remained flat at $24.32 during trading on Wednesday. 2,523,649 shares of the stock were exchanged, compared to its average volume of 1,932,422. The firm's 50-day moving average price is $26.70 and its 200-day moving average price is $28.90. Gentex has a 1 year low of $24.07 and a 1 year high of $37.58. The company has a market capitalization of $5.53 billion, a PE ratio of 13.82, a P/E/G ratio of 0.84 and a beta of 0.91.

Gentex (NASDAQ:GNTX - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $0.39 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 in the previous year, the firm posted $0.50 EPS.

Gentex Dividend Announcement

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

Institutional Trading of Gentex

Institutional investors and hedge funds have recently modified their holdings of the company. Midwest Capital Advisors LLC bought a new stake in Gentex in the 4th quarter valued at $26,000. TD Private Client Wealth LLC increased its holdings in Gentex by 138.8% in the 4th quarter. TD Private Client Wealth LLC now owns 1,139 shares of the auto parts company's stock valued at $33,000 after acquiring an additional 662 shares during the last quarter. Synergy Asset Management LLC bought a new stake in Gentex in the 4th quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Gentex by 32.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,419 shares of the auto parts company's stock valued at $70,000 after acquiring an additional 593 shares during the last quarter. Finally, LRI Investments LLC increased its holdings in Gentex by 33.2% in the 4th quarter. LRI Investments LLC now owns 2,750 shares of the auto parts company's stock valued at $79,000 after acquiring an additional 686 shares during the last quarter. 86.76% of the stock is currently owned by institutional investors.

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.