Zacks Research Issues Positive Forecast for Gentex Earnings

Gentex Co. (NASDAQ:GNTX - Free Report) - Stock analysts at Zacks Research raised their FY2026 EPS estimates for Gentex in a research note issued on Tuesday, April 22nd. Zacks Research analyst R. Department now forecasts that the auto parts company will earn $2.13 per share for the year, up from their prior forecast of $2.11. The consensus estimate for Gentex's current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex's Q4 2026 earnings at $0.53 EPS and FY2027 earnings at $2.19 EPS.

Gentex (NASDAQ:GNTX - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The auto parts company reported $0.43 EPS for the quarter, meeting the consensus estimate of $0.43. The company had revenue of $576.77 million during the quarter, compared to analysts' expectations of $578.68 million. Gentex had a net margin of 17.49% and a return on equity of 16.74%. The firm's revenue was down 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 EPS.

Other research analysts also recently issued reports about the stock. Guggenheim dropped their target price on shares of Gentex from $30.00 to $24.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. B. Riley reaffirmed a "buy" rating and set a $32.50 price target (down previously from $37.00) on shares of Gentex in a research report on Monday, February 3rd. Baird R W cut shares of Gentex from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. The Goldman Sachs Group cut their price target on Gentex from $28.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. reduced 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, February 3rd. Eight investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $28.31.

Gentex Price Performance

Shares of GNTX traded up $0.43 during midday trading on Wednesday, reaching $21.79. The stock had a trading volume of 1,548,156 shares, compared to its average volume of 1,718,048. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 0.84 and a beta of 0.84. Gentex has a 1-year low of $20.28 and a 1-year high of $35.33. The company's fifty day simple moving average is $23.23 and its two-hundred day simple moving average is $26.85.

Gentex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date was Wednesday, April 9th. Gentex's dividend payout ratio is currently 28.07%.

Hedge Funds Weigh In On Gentex

A number of hedge funds have recently made changes to their positions in GNTX. Cidel Asset Management Inc. increased its stake in Gentex by 26.5% during the first quarter. Cidel Asset Management Inc. now owns 520,131 shares of the auto parts company's stock worth $12,119,000 after acquiring an additional 108,899 shares during the last quarter. Hunter Perkins Capital Management LLC increased its holdings in Gentex by 37.1% in the 1st quarter. Hunter Perkins Capital Management LLC now owns 161,184 shares of the auto parts company's stock valued at $3,756,000 after purchasing an additional 43,604 shares in the last quarter. Lecap Asset Management Ltd. grew its stake in shares of Gentex by 131.4% in the first quarter. Lecap Asset Management Ltd. now owns 26,893 shares of the auto parts company's stock valued at $627,000 after buying an additional 15,271 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in Gentex by 5.9% during the 1st quarter. Asset Management One Co. Ltd. now owns 219,454 shares of the auto parts company's stock worth $5,113,000 after acquiring an additional 12,168 shares in the last quarter. Finally, Illumine Investment Management LLC boosted its holdings in Gentex by 3.4% in the 1st quarter. Illumine Investment Management LLC now owns 63,385 shares of the auto parts company's stock worth $1,477,000 after acquiring an additional 2,086 shares during the period. Institutional investors and hedge funds own 86.76% of the company's stock.

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.