NASDAQ:GNTX - Gentex Stock Price, News, & Analysis

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$22.72 +0.60 (+2.71 %)
(As of 09/21/2018 03:40 AM ET)
Previous Close$22.12
Today's Range$22.17 - $23.05
52-Week Range$18.51 - $25.41
Volume2.49 million shs
Average Volume2.17 million shs
Market Capitalization$5.86 billion
P/E Ratio17.75
Dividend Yield2.02%
Beta1.34
Gentex logoGentex Corporation provides automatic-dimming and non-dimming rearview mirrors, and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. It designs, develops, manufactures, and markets automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. The company also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments. Gentex Corporation sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. The company was founded in 1974 and is headquartered in Zeeland, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
SymbolNASDAQ:GNTX
CUSIP37190110
Phone616-772-1800

Debt

Debt-to-Equity RatioN/A
Current Ratio4.40
Quick Ratio3.41

Price-To-Earnings

Trailing P/E Ratio17.75
Forward P/E Ratio13.69
P/E Growth1.19

Sales & Book Value

Annual Sales$1.79 billion
Price / Sales3.40
Cash Flow$1.7225 per share
Price / Cash13.19
Book Value$7.22 per share
Price / Book3.15

Profitability

EPS (Most Recent Fiscal Year)$1.28
Net Income$406.79 million
Net Margins24.25%
Return on Equity20.27%
Return on Assets17.61%

Miscellaneous

Employees5,481
Outstanding Shares268,920,000
Market Cap$5.86 billion

Gentex (NASDAQ:GNTX) Frequently Asked Questions

What is Gentex's stock symbol?

Gentex trades on the NASDAQ under the ticker symbol "GNTX."

How often does Gentex pay dividends? What is the dividend yield for Gentex?

Gentex declared a quarterly dividend on Wednesday, August 29th. Investors of record on Friday, October 5th will be paid a dividend of $0.11 per share on Wednesday, October 17th. This represents a $0.44 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Thursday, October 4th. View Gentex's Dividend History.

When did Gentex's stock split? How did Gentex's stock split work?

Gentex shares split on the morning of Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly created shares were issued to shareholders after the market closes on Wednesday, December 31st 2014. An investor that had 100 shares of Gentex stock prior to the split would have 200 shares after the split.

How will Gentex's stock buyback program work?

Gentex declared that its Board of Directors has initiated a share buyback program on Saturday, March 10th 2018, which allows the company to buyback 20,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) released its quarterly earnings data on Friday, July, 20th. The auto parts company reported $0.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.01. The auto parts company had revenue of $454.98 million for the quarter, compared to analysts' expectations of $469.10 million. Gentex had a net margin of 24.25% and a return on equity of 20.27%. The business's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 earnings per share. View Gentex's Earnings History.

When is Gentex's next earnings date?

Gentex is scheduled to release their next quarterly earnings announcement on Friday, October, 19th 2018. View Earnings Estimates for Gentex.

What price target have analysts set for GNTX?

9 equities research analysts have issued 12-month price objectives for Gentex's shares. Their predictions range from $23.00 to $29.00. On average, they expect Gentex's stock price to reach $25.6667 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for Gentex.

What is the consensus analysts' recommendation for Gentex?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gentex.

What are Wall Street analysts saying about Gentex stock?

Here are some recent quotes from research analysts about Gentex stock:
  • 1. According to Zacks Investment Research, "In second-quarter 2018, though Gentex’s earnings per share and revenues missed the Zacks Consensus Estimate, both improved year over year. When compared with the company’s mid-April forecast of HIS for second-quarter 2018, the light-vehicle production in North America declined by around 3%, leading to lower-than-expected unit shipments and revenues. However, robust product launches, better mix and unique technology platforms are aiding its revenue growth. It pursues an aggressive capital-deployment strategy. However, high operating expenses and pricing pressure from automotive customers and competitors are concerns before Gentex." (9/18/2018)
  • 2. Longbow Research analysts commented, "The call on suppliers has been to take advantage of weakness during 2Q18 earnings. GNTX is testing a $22 floor for the third time since Feb-18. We see upside as revenue growth and margins significantly accelerate in 2H. Investors should look no further than GNTX if they want exposure to a company that grows as much as 800bps over market and has premium margins, and free cash flow conversion. Despite this outperformance, shares are trading below group average at 12.2x on P/E basis." (7/23/2018)

Are investors shorting Gentex?

Gentex saw a increase in short interest in August. As of August 15th, there was short interest totalling 13,914,567 shares, an increase of 19.4% from the July 31st total of 11,653,555 shares. Based on an average daily volume of 1,919,529 shares, the days-to-cover ratio is currently 7.2 days. Currently, 5.1% of the shares of the company are sold short. View Gentex's Current Options Chain.

Who are some of Gentex's key competitors?

Who are Gentex's key executives?

Gentex's management team includes the folowing people:
  • Mr. Steven R. Downing, Pres & CEO (Age 40)
  • Mr. Fred T. Bauer, Founder, Chairman Emeritus & Advisor (Age 75)
  • Mr. Kevin C. Nash, VP of Fin., CFO, Treasurer & Chief Accounting Officer (Age 43)
  • Mr. Scott Ryan, VP, Gen. Counsel & Corp. Sec. (Age 37)
  • Mr. Joseph E. Matthews IV, VP of Purchasing (Age 49)

Has Gentex been receiving favorable news coverage?

News coverage about GNTX stock has trended somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gentex earned a daily sentiment score of 0.18 on Accern's scale. They also assigned news headlines about the auto parts company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Gentex.

Who are Gentex's major shareholders?

Gentex's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.03%), FMR LLC (4.05%), Burgundy Asset Management Ltd. (4.00%), Artisan Partners Limited Partnership (2.30%), Dimensional Fund Advisors LP (2.00%) and Riverbridge Partners LLC (1.80%). Company insiders that own Gentex stock include Fred Bauer, Frederick A Sotok, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Richard O Schaum, Scott P Ryan and Steven R Downing. View Institutional Ownership Trends for Gentex.

Which institutional investors are selling Gentex stock?

GNTX stock was sold by a variety of institutional investors in the last quarter, including Fairpointe Capital LLC, Scharf Investments LLC, Schroder Investment Management Group, Schroder Investment Management Group, Reinhart Partners Inc., Burgundy Asset Management Ltd., Schwab Charles Investment Management Inc. and Royce & Associates LP. Company insiders that have sold Gentex company stock in the last year include Fred Bauer, Frederick A Sotok, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex.

Which institutional investors are buying Gentex stock?

GNTX stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Glenmede Trust Co. NA, Advisors Asset Management Inc., Wells Fargo & Company MN, Janus Henderson Group PLC, Robeco Institutional Asset Management B.V., BlackRock Inc. and Meritage Portfolio Management. View Insider Buying and Selling for Gentex.

How do I buy shares of Gentex?

Shares of GNTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gentex's stock price today?

One share of GNTX stock can currently be purchased for approximately $22.72.

How big of a company is Gentex?

Gentex has a market capitalization of $5.86 billion and generates $1.79 billion in revenue each year. The auto parts company earns $406.79 million in net income (profit) each year or $1.28 on an earnings per share basis. Gentex employs 5,481 workers across the globe.

How can I contact Gentex?

Gentex's mailing address is 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464. The auto parts company can be reached via phone at 616-772-1800 or via email at [email protected]


MarketBeat Community Rating for Gentex (NASDAQ GNTX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  566
MarketBeat's community ratings are surveys of what our community members think about Gentex and other stocks. Vote "Outperform" if you believe GNTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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