Zacks Research Has Pessimistic Outlook of Gentex Q1 Earnings

Gentex Co. (NASDAQ:GNTX - Free Report) - Equities researchers at Zacks Research reduced their Q1 2026 earnings estimates for shares of Gentex in a research report issued on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the auto parts company will earn $0.42 per share for the quarter, down from their prior estimate of $0.47. 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 $0.43 EPS, Q3 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.41 EPS, FY2026 earnings at $1.71 EPS, Q1 2027 earnings at $0.43 EPS and FY2027 earnings at $1.80 EPS.

Several other equities analysts also recently commented on the stock. Baird R W downgraded shares of Gentex from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Robert W. Baird reissued a "neutral" rating and issued a $25.00 price objective (down previously from $31.00) on shares of Gentex in a research note on Tuesday, April 15th. The Goldman Sachs Group dropped their price objective on shares of Gentex from $28.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. B. Riley restated a "buy" rating and issued a $32.50 price target (down from $37.00) on shares of Gentex in a research report on Monday, February 3rd. Finally, Guggenheim dropped their price target on shares of Gentex from $30.00 to $24.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Gentex presently has a consensus rating of "Hold" and an average price target of $28.31.

Gentex Trading Down 2.4%

NASDAQ:GNTX traded down $0.52 on Monday, hitting $21.48. The company had a trading volume of 1,896,162 shares, compared to its average volume of 1,811,703. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 12.20, a PEG ratio of 0.84 and a beta of 0.85. The firm has a 50 day moving average of $22.22 and a two-hundred day moving average of $25.66. Gentex has a 52 week low of $20.28 and a 52 week high of $35.32.

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

Gentex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 9th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.23%. Gentex's payout ratio is currently 28.07%.

Insider Activity

In other news, Director Joseph B. Anderson, Jr. sold 3,764 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $22.87, for a total transaction of $86,082.68. Following the completion of the sale, the director now directly owns 5,939 shares in the company, valued at $135,824.93. This represents a 38.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.45% of the company's stock.

Institutional Investors Weigh In On Gentex

Several large investors have recently modified their holdings of GNTX. JPMorgan Chase & Co. increased its position in shares of Gentex by 162.4% during the fourth quarter. JPMorgan Chase & Co. now owns 5,249,230 shares of the auto parts company's stock worth $150,810,000 after buying an additional 3,248,434 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in Gentex by 487.7% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,447,651 shares of the auto parts company's stock worth $80,330,000 after purchasing an additional 2,860,969 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Gentex by 142.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,589,585 shares of the auto parts company's stock worth $106,937,000 after purchasing an additional 2,695,117 shares during the period. American Century Companies Inc. grew its holdings in Gentex by 148.5% in the first quarter. American Century Companies Inc. now owns 4,119,232 shares of the auto parts company's stock worth $95,978,000 after purchasing an additional 2,461,835 shares during the period. Finally, Burgundy Asset Management Ltd. grew its holdings in Gentex by 40.1% in the first quarter. Burgundy Asset Management Ltd. now owns 7,728,209 shares of the auto parts company's stock worth $180,067,000 after purchasing an additional 2,211,392 shares during the period. 86.76% of the stock is currently owned by institutional investors and hedge funds.

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.