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

Sign in or create an account to add this stock to your watchlist.
$22.95 +0.58 (+2.59 %)
(As of 01/22/2019 03:07 AM ET)
Previous Close$22.37
Today's Range$22.33 - $23.02
52-Week Range$17.80 - $25.41
Volume2.04 million shs
Average Volume1.50 million shs
Market Capitalization$6.02 billion
P/E Ratio17.93
Dividend Yield1.92%
Beta1.11
Gentex 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.

Receive GNTX News and Ratings via Email

Sign-up to receive the latest news and ratings for GNTX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.79 billion
Cash Flow$1.6523 per share
Book Value$7.22 per share

Profitability

Net Income$406.79 million

Miscellaneous

Employees5,481
Market Cap$6.02 billion
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 declared a quarterly dividend on Thursday, November 29th. Investors of record on Wednesday, January 9th will be given a dividend of $0.11 per share on Wednesday, January 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, January 8th. View Gentex's Dividend History.

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

Gentex's stock 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 issued 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 of Directors has approved a share repurchase program on Saturday, March 10th 2018, which permits the company to repurchase 20,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically 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 earnings results on Friday, October, 19th. The auto parts company reported $0.42 EPS for the quarter, hitting analysts' consensus estimates of $0.42. The auto parts company had revenue of $460.25 million for the quarter, compared to analyst estimates of $465.51 million. Gentex had a net margin of 25.11% and a return on equity of 21.83%. The firm's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 Wednesday, January 30th 2019. View Earnings Estimates for Gentex.

How can I listen to Gentex's earnings call?

Gentex will be holding an earnings conference call on Wednesday, January 30th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443898658.

What price target have analysts set for GNTX?

10 equities research analysts have issued 12 month price objectives for Gentex's stock. Their predictions range from $20.00 to $29.00. On average, they anticipate Gentex's stock price to reach $24.3750 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Gentex.

What is the consensus analysts' recommendation for Gentex?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 third-quarter 2018, though Gentex’s earnings per share came in line with the Zacks Consensus Estimate, it improved year over year. When compared with the company’s mid-July forecast of HIS Markit for third-quarter 2018, the light-vehicle production in North America declined by around 5%, 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." (1/15/2019)
  • 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)

Has Gentex been receiving favorable news coverage?

News headlines about GNTX stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gentex earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave media headlines about the auto parts company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 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 number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (1.55%), Retirement Systems of Alabama (0.24%), Nisa Investment Advisors LLC (0.08%), Northstar Investment Advisors LLC (0.07%), Coastline Trust Co (0.06%) and Alpha Omega Wealth Management LLC (0.04%). Company insiders that own Gentex stock include Fred Bauer, Frederick A Sotok, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kathleen Starkoff, Kevin C Nash, Matthew Chiodo, Neil Boehm, 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 Riverbridge Partners LLC, Northstar Investment Advisors LLC, Alpha Omega Wealth Management LLC, Retirement Systems of Alabama, Louisiana State Employees Retirement System, Foothills Asset Management Ltd., Bowling Portfolio Management LLC and Virtu Financial LLC. 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 and Scott P Ryan. View Insider Buying and Selling for Gentex.

Which institutional investors are buying Gentex stock?

GNTX stock was bought by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Fox Run Management L.L.C., Meeder Asset Management Inc., Cardinal Capital Management and Gagnon Securities LLC. Company insiders that have bought Gentex stock in the last two years include Kathleen Starkoff, Matthew Chiodo, Neil Boehm, Richard O Schaum 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, Scottrade, Fidelity and Charles Schwab.

What is Gentex's stock price today?

One share of GNTX stock can currently be purchased for approximately $22.95.

How big of a company is Gentex?

Gentex has a market capitalization of $6.02 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.

What is Gentex's official website?

The official website for Gentex is http://www.gentex.com.

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:  2.2 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  628
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 1/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel