NASDAQ:GNTX Gentex (GNTX) Stock Forecast, Price & News $26.98 +0.37 (+1.39%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$26.63▼$27.0850-Day Range$26.27▼$28.6752-Week Range$23.28▼$31.48Volume892,700 shsAverage Volume1.20 million shsMarket Capitalization$6.31 billionP/E Ratio19.13Dividend Yield1.78%Price Target$30.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Gentex MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.2% Upside$30.00 Price TargetShort InterestHealthy1.20% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.65Upright™ Environmental ScoreNews Sentiment0.53Based on 7 Articles This WeekInsider TradingSelling Shares$311,401 Sold Last QuarterProj. Earnings Growth25.30%From $1.66 to $2.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsAuto/Tires/Trucks Sector8th out of 102 stocksMotor Vehicle Parts & Accessories Industry3rd out of 35 stocks 2.3 Analyst's Opinion Consensus RatingGentex has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Gentex has a forecasted upside of 11.2% from its current price of $26.98.Amount of Analyst CoverageGentex has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.20% of the float of Gentex has been sold short.Short Interest Ratio / Days to CoverGentex has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gentex has recently decreased by 1.06%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldGentex pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGentex does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gentex is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Gentex will have a dividend payout ratio of 23.08% next year. This indicates that Gentex will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGentex has received a 0.88% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Fire alarms", "Car windows", and "Car sensors" products. See details.Environmental SustainabilityThe Environmental Impact score for Gentex is -3.65. Previous Next 2.5 News and Social Media Coverage News SentimentGentex has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Gentex this week, compared to 4 articles on an average week.MarketBeat Follows4 people have added Gentex to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gentex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $311,401.00 in company stock.Percentage Held by InsidersOnly 0.47% of the stock of Gentex is held by insiders.Percentage Held by Institutions83.80% of the stock of Gentex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Gentex are expected to grow by 25.30% in the coming year, from $1.66 to $2.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gentex is 19.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Gentex is 19.13, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 18.83.Price to Earnings Growth RatioGentex has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGentex has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gentex (NASDAQ:GNTX) StockGentex Corp. is a technology company, which engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products. It operates through the Automotive Products and Other segments. The Automotive Products segment operates in virtually all the foregoing facilities. The Other segment operates in certain Zeeland, Michigan facilities, as well as research and development offices in Salt Lake City, Utah and Santa Clara, California. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.Read More Receive GNTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gentex and its competitors with MarketBeat's FREE daily newsletter. Email Address GNTX Stock News HeadlinesMay 28, 2023 | fool.comGentex (NASDAQ: GNTX)May 27, 2023 | finance.yahoo.comInvestors one-year losses continue as Gentex (NASDAQ:GNTX) dips a further 3.6% this week, earnings continue to declineMay 29, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 25, 2023 | americanbankingnews.comJames A. Hollars Sells 4,416 Shares of Gentex Co. (NASDAQ:GNTX) StockMay 18, 2023 | entrepreneur.com3 Winning Auto Parts Stocks to BuyMay 15, 2023 | marketwatch.comGentex $GNTX Pivots Trading Plans and Risk ControlsMay 8, 2023 | finance.yahoo.comGentex (GNTX) Q1 Earnings Top Estimates, Rise 13.5% Y/YMay 5, 2023 | finance.yahoo.comGentex and ODC Network Break Ground on Innovative PreschoolMay 29, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 5, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Gentex Co.'s Q2 2023 Earnings (NASDAQ:GNTX)May 5, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Gentex Co. Boosted by Analyst (NASDAQ:GNTX)May 4, 2023 | americanbankingnews.comRichard O. Schaum Sells 5,424 Shares of Gentex Co. (NASDAQ:GNTX) StockMay 2, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Gentex Co. Increased by Zacks Research (NASDAQ:GNTX)May 1, 2023 | finance.yahoo.comHere's What's Concerning About Gentex's (NASDAQ:GNTX) Returns On CapitalMay 1, 2023 | finance.yahoo.comGentex Invests In Thermal Camera Maker ADASKY; Terms Not DisclosedMay 1, 2023 | finance.yahoo.comGentex Announces Investment and Collaboration Agreement With ADASKYMay 1, 2023 | americanbankingnews.comGentex (NASDAQ:GNTX) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPSApril 29, 2023 | finance.yahoo.comQ1 2023 Gentex Corp Earnings CallApril 28, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Gentex (GNTX) Q1 EarningsApril 28, 2023 | seekingalpha.comGentex Corporation (GNTX) Q1 2023 Earnings Call TranscriptApril 28, 2023 | finance.yahoo.comGentex Reports First Quarter 2023 Financial ResultsApril 28, 2023 | americanbankingnews.comGentex Co. Expected to Post FY2024 Earnings of $1.84 Per Share (NASDAQ:GNTX)April 27, 2023 | finance.yahoo.comIs a Surprise Coming for Gentex (GNTX) This Earnings Season?April 26, 2023 | americanbankingnews.comGentex (GNTX) to Release Earnings on FridayApril 12, 2023 | finance.yahoo.comA Gentex Corporation (NASDAQ:GNTX) insider increased their holdings by 9.2% last yearApril 3, 2023 | finance.yahoo.comGentex Schedules First Quarter 2023 Earnings Release Date and Conference CallApril 3, 2023 | americanbankingnews.comGentex Co. (NASDAQ:GNTX) to Issue $0.12 Quarterly DividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GNTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gentex and its competitors with MarketBeat's FREE daily newsletter. Email Address GNTX Company Calendar Ex-Dividend for 4/19 Dividend4/05/2023Dividend Payable4/19/2023Last Earnings4/28/2023Today5/29/2023Next Earnings (Estimated)7/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNASDAQ:GNTX CUSIP37190110 CIK355811 Webwww.gentex.com Phone(616) 772-1800Fax616-772-7348Employees5,466Year Founded1974Price Target and Rating Average Stock Price Forecast$30.00 High Stock Price Forecast$35.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+11.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.41 Trailing P/E Ratio19.13 Forward P/E Ratio16.25 P/E Growth0.78Net Income$318.76 million Net Margins16.43% Pretax Margin19.11% Return on Equity16.02% Return on Assets14.06% Debt Debt-to-Equity RatioN/A Current Ratio3.38 Quick Ratio2.03 Sales & Book Value Annual Sales$1.92 billion Price / Sales3.29 Cash Flow$1.77 per share Price / Cash Flow15.24 Book Value$8.81 per share Price / Book3.06Miscellaneous Outstanding Shares233,700,000Free Float232,605,000Market Cap$6.31 billion OptionableOptionable Beta0.92 Social Links Key ExecutivesSteve R. DowningPresident, Chief Executive Officer & DirectorPaul FlynnVice President-OperationsKevin C. NashCFO, Treasurer & Chief Accounting OfficerNeil BoehmDirector, CTO & VP-EngineeringCliff BurgessVice President-Information & TechnologyKey CompetitorsLearNYSE:LEAAllison TransmissionNYSE:ALSNLCI IndustriesNYSE:LCIIDorman ProductsNASDAQ:DORMDanaNYSE:DANView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,001 shares on 5/26/2023Ownership: 0.006%Ameriprise Financial Inc.Bought 231,962 shares on 5/22/2023Ownership: 0.281%James A HollarsSold 4,416 sharesTotal: $124,840.32 ($28.27/share)JPMorgan Chase & Co.Bought 120,622 shares on 5/18/2023Ownership: 0.310%Thrivent Financial for LutheransSold 35,086 shares on 5/17/2023Ownership: 0.083%View All Insider TransactionsView All Institutional Transactions GNTX Stock - Frequently Asked Questions Should I buy or sell Gentex stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GNTX shares. View GNTX analyst ratings or view top-rated stocks. What is Gentex's stock price forecast for 2023? 3 equities research analysts have issued 12-month price targets for Gentex's shares. Their GNTX share price forecasts range from $26.00 to $35.00. On average, they anticipate the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price. View analysts price targets for GNTX or view top-rated stocks among Wall Street analysts. How have GNTX shares performed in 2023? Gentex's stock was trading at $27.27 at the beginning of 2023. Since then, GNTX shares have decreased by 1.1% and is now trading at $26.98. View the best growth stocks for 2023 here. When is Gentex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, July 28th 2023. View our GNTX earnings forecast. How were Gentex's earnings last quarter? Gentex Co. (NASDAQ:GNTX) posted its quarterly earnings data on Friday, April, 28th. The auto parts company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.04. The auto parts company earned $550.76 million during the quarter, compared to analysts' expectations of $529.59 million. Gentex had a trailing twelve-month return on equity of 16.02% and a net margin of 16.43%. The firm's revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 earnings per share. How often does Gentex pay dividends? What is the dividend yield for Gentex? Gentex announced a quarterly dividend on Tuesday, February 28th. Stockholders of record on Friday, April 7th will be given a dividend of $0.12 per share on Wednesday, April 19th. This represents a $0.48 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Wednesday, April 5th. Read our dividend analysis for GNTX. What ETFs hold Gentex's stock? ETFs with the largest weight of Gentex (NASDAQ:GNTX) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Motley Fool Mid-Cap Growth ETF (TMFM), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Schwab Ariel ESG ETF (SAEF), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT). Is Gentex a good dividend stock? Gentex (NASDAQ:GNTX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.78%. The dividend payout ratio is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GNTX will have a dividend payout ratio of 23.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GNTX. When did Gentex's stock split? Gentex's stock 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 payable to shareholders after the market closes on Wednesday, December 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has Gentex issued on next quarter's earnings? Gentex updated its earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.20 billion-$2.20 billion, compared to the consensus revenue estimate of $2.18 billion. What is Steve Downing's approval rating as Gentex's CEO? 54 employees have rated Gentex Chief Executive Officer Steve Downing on Glassdoor.com. Steve Downing has an approval rating of 67% among the company's employees. What other stocks do shareholders of Gentex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gentex investors own include Intel (INTC), Johnson & Johnson (JNJ), Gilead Sciences (GILD), Cisco Systems (CSCO), Walt Disney (DIS), CVS Health (CVS), Micron Technology (MU), Pfizer (PFE), Visa (V) and NVIDIA (NVDA). What is Gentex's stock symbol? Gentex trades on the NASDAQ under the ticker symbol "GNTX." Who are Gentex's major shareholders? Gentex's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.33%), State Street Corp (2.95%), Boston Partners (2.36%), Cooke & Bieler LP (2.33%), Maj Invest Holding A S (1.86%) and Geode Capital Management LLC (1.78%). Insiders that own company stock include Gary F Goode, James A Hollars, James H Wallace, John A Mulder, Kevin C Nash, Ling Zang, Matthew Chiodo, Neil Boehm, Richard O Schaum, Scott P Ryan, Scott P Ryan, Steven R Downing and Steven R Downing. View institutional ownership trends. How do I buy shares of Gentex? Shares of GNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gentex's stock price today? One share of GNTX stock can currently be purchased for approximately $26.98. How much money does Gentex make? Gentex (NASDAQ:GNTX) has a market capitalization of $6.31 billion and generates $1.92 billion in revenue each year. The auto parts company earns $318.76 million in net income (profit) each year or $1.41 on an earnings per share basis. How many employees does Gentex have? The company employs 5,466 workers across the globe. How can I contact Gentex? Gentex's mailing address is 600 NORTH CENTENNIAL STREET, ZEELAND MI, 49464. The official website for the company is www.gentex.com. The auto parts company can be reached via phone at (616) 772-1800, via email at marketing@gentex.com, or via fax at 616-772-7348. This page (NASDAQ:GNTX) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gentex Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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