Zacks Research Issues Negative Outlook for Gentex Earnings

Gentex Co. (NASDAQ:GNTX - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Gentex in a research note issued to investors on Wednesday, February 19th. Zacks Research analyst R. Department now anticipates that the auto parts company will post earnings of $0.46 per share for the quarter, down from their previous forecast of $0.50. The consensus estimate for Gentex's current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex's Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.52 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.56 EPS and FY2027 earnings at $2.15 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 net margin of 17.49% and a return on equity of 16.74%. During the same quarter in the prior year, the business posted $0.50 earnings per share.

GNTX has been the subject of a number of other reports. B. Riley reaffirmed a "buy" rating and set a $32.50 price target (down from $37.00) on shares of Gentex in a research note on Monday, February 3rd. Guggenheim decreased their target price on Gentex from $35.00 to $34.00 and set a "buy" rating for the company in a research note on Thursday, November 21st. JPMorgan Chase & Co. lowered their target price on Gentex from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. Robert W. Baird set a $31.00 price target on shares of Gentex in a report on Monday, February 3rd. Finally, UBS Group lowered their price objective on shares of Gentex from $30.00 to $29.00 and set a "neutral" rating on the stock in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $32.31.

Gentex Price Performance

Shares of Gentex stock traded up $0.16 on Friday, hitting $24.67. The company had a trading volume of 1,427,938 shares, compared to its average volume of 1,927,605. Gentex has a 52 week low of $24.10 and a 52 week high of $37.58. The company has a market cap of $5.61 billion, a PE ratio of 14.02, a PEG ratio of 0.84 and a beta of 0.91. The business has a 50-day simple moving average of $27.10 and a 200-day simple moving average of $29.02.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Forum Financial Management LP purchased a new position in shares of Gentex during the 4th quarter valued at $214,000. Public Employees Retirement System of Ohio increased its position in Gentex by 2.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 109,655 shares of the auto parts company's stock worth $3,150,000 after purchasing an additional 3,137 shares during the last quarter. Burgundy Asset Management Ltd. raised its stake in shares of Gentex by 1.6% during the 4th quarter. Burgundy Asset Management Ltd. now owns 5,516,817 shares of the auto parts company's stock worth $158,498,000 after purchasing an additional 86,929 shares in the last quarter. Novem Group acquired a new stake in shares of Gentex during the 4th quarter valued at about $279,000. Finally, Taylor Hoffman Capital Management LLC grew its stake in shares of Gentex by 5.8% in the 4th quarter. Taylor Hoffman Capital Management LLC now owns 146,706 shares of the auto parts company's stock valued at $4,215,000 after buying an additional 8,102 shares in the last quarter. 86.76% of the stock is owned by hedge funds and other institutional investors.

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.