Zacks Research Issues Positive Outlook for Gentex Earnings

Key Points

• Zacks Research has increased its Q1 2026 earnings estimate for Gentex to $0.44 per share, up from $0.42, matching a current full-year earnings consensus of $2.04 per share.
• Gentex's stock is currently trading at about $23.60, with a 1-year growth range between $20.28 and $33.05, and it has a market capitalization of $5.31 billion.
• The company recently announced a share repurchase program allowing for the acquisition of up to 40 million shares, indicating potential confidence in its stock value.

Gentex Corporation (NASDAQ:GNTX - Free Report) - Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Gentex in a report released on Tuesday, July 22nd. Zacks Research analyst R. Department now forecasts that the auto parts company will earn $0.44 per share for the quarter, up from their previous forecast of $0.42. The consensus estimate for Gentex's current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex's Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.49 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.86 EPS, Q1 2027 earnings at $0.47 EPS, Q2 2027 earnings at $0.51 EPS and FY2027 earnings at $1.99 EPS.

GNTX has been the subject of several other research reports. Industrial Alliance Securities set a $25.00 price objective on Gentex in a research report on Friday, July 11th. Guggenheim cut their price objective on Gentex from $30.00 to $24.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. B. Riley increased their price objective on Gentex from $28.00 to $32.00 and gave the stock a "buy" rating in a research report on Monday. UBS Group increased their price objective on Gentex from $23.00 to $28.00 and gave the stock a "neutral" rating in a research report on Monday. Finally, Baird R W cut Gentex from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Gentex currently has a consensus rating of "Hold" and an average price target of $29.22.

Gentex Trading Down 2.0%

Shares of Gentex stock traded down $0.55 during trading hours on Friday, hitting $27.37. 832,001 shares of the company were exchanged, compared to its average volume of 2,336,248. The business has a 50-day moving average of $22.47 and a 200-day moving average of $23.46. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.46 and a beta of 0.81. Gentex has a 1 year low of $20.28 and a 1 year high of $31.75.

Gentex (NASDAQ:GNTX - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The auto parts company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08. Gentex had a return on equity of 16.86% and a net margin of 16.82%. The business had revenue of $657.86 million during the quarter, compared to analysts' expectations of $591.94 million. During the same quarter in the prior year, the business earned $0.37 earnings per share. The company's quarterly revenue was up 14.8% compared to the same quarter last year.

Institutional Trading of Gentex

A number of large investors have recently made changes to their positions in GNTX. Larson Financial Group LLC boosted its stake in shares of Gentex by 1,471.0% during the first quarter. Larson Financial Group LLC now owns 1,084 shares of the auto parts company's stock valued at $25,000 after acquiring an additional 1,015 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Gentex by 85.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,222 shares of the auto parts company's stock valued at $28,000 after acquiring an additional 563 shares during the last quarter. Brooklyn Investment Group boosted its stake in Gentex by 305.7% in the 1st quarter. Brooklyn Investment Group now owns 1,217 shares of the auto parts company's stock worth $28,000 after buying an additional 917 shares during the last quarter. TD Private Client Wealth LLC boosted its stake 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 worth $33,000 after buying an additional 662 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its stake in Gentex by 208.2% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,618 shares of the auto parts company's stock worth $38,000 after buying an additional 1,093 shares during the last quarter. Institutional investors and hedge funds own 86.76% of the company's stock.

Insider Buying and Selling at Gentex

In related news, Director Joseph B. Anderson, Jr. sold 3,764 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $22.87, for a total transaction of $86,082.68. Following the sale, the director owned 5,939 shares of the company's stock, valued at $135,824.93. This trade represents a 38.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Gentex announced that its Board of Directors has initiated a share repurchase program on Wednesday, July 16th that allows the company to repurchase 40,000,000 outstanding shares. This repurchase authorization allows the auto parts company to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

Gentex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 9th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Wednesday, July 9th. Gentex's dividend payout ratio is currently 27.12%.

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.