Zacks Research Brokers Reduce Earnings Estimates for Gentex

Gentex Co. (NASDAQ:GNTX - Free Report) - Equities research analysts at Zacks Research decreased their Q2 2025 earnings estimates for Gentex in a research report issued on Thursday, May 15th. Zacks Research analyst R. Department now anticipates that the auto parts company will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.46. The consensus estimate for Gentex's current full-year earnings is $2.04 per share.

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

Several other research firms have also recently weighed in on GNTX. Robert W. Baird reiterated a "neutral" rating and issued a $25.00 target price (down previously from $31.00) on shares of Gentex in a report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their price objective on shares of Gentex from $34.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, February 3rd. UBS Group cut their target price on shares of Gentex from $29.00 to $21.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Guggenheim lowered their price target on shares of Gentex from $30.00 to $24.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Finally, Baird R W lowered Gentex from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Eight 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, the company currently has an average rating of "Hold" and an average price target of $28.31.

Gentex Price Performance

Gentex stock traded down $0.48 during mid-day trading on Monday, hitting $22.56. The company's stock had a trading volume of 2,081,470 shares, compared to its average volume of 1,789,686. Gentex has a 52-week low of $20.28 and a 52-week high of $35.32. The company has a market cap of $5.07 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.84 and a beta of 0.85. The firm's 50 day moving average is $22.47 and its 200 day moving average is $25.98.

Gentex Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a $0.48 annualized dividend and a dividend yield of 2.13%. Gentex's dividend payout ratio (DPR) is 28.07%.

Insider Activity

In other news, Director Joseph B. Anderson, Jr. sold 3,764 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $22.87, for a total transaction of $86,082.68. Following the transaction, the director now owns 5,939 shares of the company's stock, valued at approximately $135,824.93. This represents a 38.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.45% of the stock is owned by insiders.

Institutional Investors Weigh In On Gentex

A number of large investors have recently added to or reduced their stakes in the stock. Glenview Trust co raised its position in shares of Gentex by 25.3% in the first quarter. Glenview Trust co now owns 9,200 shares of the auto parts company's stock valued at $214,000 after purchasing an additional 1,860 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Gentex by 142.3% in the 1st 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 acquiring an additional 2,695,117 shares during the period. Empowered Funds LLC raised its holdings in Gentex by 255.6% in the 1st quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company's stock worth $1,891,000 after acquiring an additional 58,323 shares during the period. Caxton Associates LLP acquired a new position in Gentex during the 1st quarter worth $4,310,000. Finally, Goldman Sachs Group Inc. boosted its holdings in Gentex by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,321,634 shares of the auto parts company's stock valued at $30,794,000 after acquiring an additional 23,454 shares during the period. Institutional investors own 86.76% of the company's stock.

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.