Gentex Corporation provides digital vision, connected car, dimmable glass, and fire protection products worldwide. It designs, develops, manufactures, and markets 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, tier one automotive mirror manufacturers, and various aftermarket and accessory customers.
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Industry, Sector and Symbol
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
Phone616-772-1800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.83 billion
Profitability
Miscellaneous
Employees5,707
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Tuesday, December 10th. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.115 per share on Wednesday, January 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Tuesday, January 7th. View Gentex's Dividend History.
When did Gentex's stock split? How did Gentex's stock split work?
Gentex shares split before market open on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly issued shares were distributed to shareholders after the closing bell 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 announced that its board has initiated a stock repurchase plan on Saturday, March 10th 2018, which allows the company to repurchase 20,000,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.
How were Gentex's earnings last quarter?
Gentex Co. (NASDAQ:GNTX) issued its quarterly earnings data on Friday, October, 18th. The auto parts company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. The auto parts company earned $477.76 million during the quarter, compared to analysts' expectations of $475.59 million. Gentex had a net margin of 23.09% and a return on equity of 22.87%. The business's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 EPS. View Gentex's Earnings History.
When is Gentex's next earnings date?
What guidance has Gentex issued on next quarter's earnings?
Gentex issued an update on its FY 2020 earnings guidance on Friday, October, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.895-2.02 billion, compared to the consensus revenue estimate of $1.95 billion.
What price target have analysts set for GNTX?
6 brokerages have issued 12 month price objectives for Gentex's stock. Their forecasts range from $20.65 to $35.00. On average, they expect Gentex's share price to reach $26.93 in the next year. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Gentex.
What is the consensus analysts' recommendation for Gentex?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 2 hold ratings and 4 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, "Gentex aims to attain long-term growth, driven by robust product launches, better mix and unique technology platforms. Further, Gentex's sales improved backed by rising auto-dimming mirror shipments in the North American market. It remains steadfast in its efforts to provide unique, value-added solutions for its customers. The company pursues an aggressive capital-deployment strategy. Moreover, the company is focused on developing dimmable devices that are enabled with new technologies to cater to the increasing demand for technically-advanced auto parts. However, decline in global light-vehicle production and adverse impacts of tariff on gross margin is pressurizing Gentex. Further, high operating expenses and pricing pressure from automotive customers and competitors are concerns for Gentex. Hence, the stock warrants a cautious stance." (10/17/2019)
- 2. Jefferies Financial Group Inc analysts commented, "GNTX reported Q4 sales and EPS of $453M and $0.41, vs. our ests. of $482M and $0.43 while GNTX announced 2019 revenue and gross margin guidance below expectations. We expect continued EBIT choppiness in 1H’19 as lower yr/yr production, expected gross margin headwinds, and sustained R&D levels (to support growth initiatives) weigh on earnings. We lower our PT to $23 – maintain Hold." (2/4/2019)
Has Gentex been receiving favorable news coverage?
Media headlines about GNTX stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gentex earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Gentex.
Are investors shorting Gentex?
Gentex saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 6,510,000 shares, a drop of 13.2% from the November 14th total of 7,500,000 shares. Based on an average daily volume of 1,452,400 shares, the days-to-cover ratio is currently 4.5 days. Approximately 2.6% of the shares of the stock are sold short. View Gentex's Current Options Chain.
Who are some of Gentex's key competitors?
Some companies that are related to Gentex include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Allison Transmission (ALSN), Dana (DAN), LCI Industries (LCII), Visteon (VC), Dorman Products (DORM), Gentherm (THRM), American Axle & Manufact. (AXL), Standard Motor Products (SMP), Stoneridge (SRI), Tenneco (TEN), Tower International (TOWR) and Spartan Motors (SPAR).
What other stocks do shareholders of Gentex own?
Who are Gentex's key executives?
Gentex's management team includes the folowing people:
- Mr. Steven R. Downing, Pres & CEO (Age 41)
- Mr. Fred T. Bauer, Founder, Chairman Emeritus & Advisor (Age 76)
- Mr. Kevin C. Nash, VP of Fin., CFO, Treasurer & Chief Accounting Officer (Age 44)
- Mr. Scott Ryan, VP, Gen. Counsel & Corp. Sec. (Age 38)
- Mr. Joseph E. Matthews IV, VP of Purchasing & Diversity Officer (Age 50)
Who are Gentex's major shareholders?
Gentex's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.61%), Maj Invest Holding A S (1.76%), Disciplined Growth Investors Inc. MN (1.64%), Riverbridge Partners LLC (1.40%), Boston Partners (1.16%) and Birch Hill Investment Advisors LLC (0.67%). Company insiders that own Gentex stock include Fred Bauer, Frederick A Sotok, Gary F Goode, Jae Kim, James A Hollars, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kathleen Starkoff, Kevin C Nash, Matthew Chiodo, Neil Boehm, Richard O Schaum, Roger Perry Campbell, Scott P Ryan and Steven R Downing. View Institutional Ownership Trends for Gentex.
Which major investors are selling Gentex stock?
GNTX stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Point72 Asset Management L.P., Fairpointe Capital LLC, Stifel Financial Corp, Investment Management of Virginia LLC, Hendershot Investments Inc., Wedge Capital Management L L P NC and First Trust Advisors LP. Company insiders that have sold Gentex company stock in the last year include Gary F Goode, Jae Kim, James A Hollars, James H Wallace, John A Mulder, Kevin C Nash, Matthew Chiodo, Neil Boehm, Roger Perry Campbell, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex.
Which major investors are buying Gentex stock?
GNTX stock was acquired by a variety of institutional investors in the last quarter, including Voloridge Investment Management LLC, Russell Investments Group Ltd., Man Group plc, State of New Jersey Common Pension Fund D, Parametric Portfolio Associates LLC, California Public Employees Retirement System, Robeco Institutional Asset Management B.V. and Disciplined Growth Investors Inc. MN. Company insiders that have bought Gentex stock in the last two years include Kathleen Starkoff, Kevin C Nash, Matthew Chiodo, Neil Boehm, Richard O Schaum, Scott P Ryan and Steven R Downing. 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, Robinhood, Fidelity and Charles Schwab.
What is Gentex's stock price today?
One share of GNTX stock can currently be purchased for approximately $27.75.
How big of a company is Gentex?
Gentex has a market capitalization of $7.02 billion and generates $1.83 billion in revenue each year. The auto parts company earns $437.88 million in net income (profit) each year or $1.62 on an earnings per share basis. Gentex employs 5,707 workers across the globe.View Additional Information About Gentex.
What is Gentex's official website?
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)
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.
