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

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$22.51 -0.30 (-1.32 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$22.51
Today's Range$22.44 - $22.89
52-Week Range$17.80 - $25.41
Volume2.15 million shs
Average Volume3.01 million shs
Market Capitalization$5.90 billion
P/E Ratio17.59
Dividend Yield1.95%
Beta1.12
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio4.79
Quick Ratio3.55

Price-To-Earnings

Trailing P/E Ratio17.59
Forward P/E Ratio13.64
P/E Growth1.24

Sales & Book Value

Annual Sales$1.79 billion
Price / Sales3.29
Cash Flow$1.6527 per share
Price / Cash13.62
Book Value$7.03 per share
Price / Book3.20

Profitability

EPS (Most Recent Fiscal Year)$1.28
Net Income$406.79 million
Net Margins25.11%
Return on Equity21.83%
Return on Assets19.17%

Miscellaneous

Employees5,481
Outstanding Shares262,120,000
Market Cap$5.90 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 Wednesday, August 29th. Investors of record on Friday, October 5th will be given 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 1.95%. 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's stock split on the morning of Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly issued shares were payable 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 announced that its board has initiated a share buyback program on Saturday, March 10th 2018, which allows the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) announced its earnings results on Friday, October, 19th. The auto parts company reported $0.42 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate 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 return on equity of 21.83% and a net margin of 25.11%. The business's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company 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 Friday, January 25th 2019. View Earnings Estimates for Gentex.

What guidance has Gentex issued on next quarter's earnings?

Gentex updated its FY 2019 earnings guidance on Friday, October, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.947-2.059 billion, compared to the consensus revenue estimate of $1.99 billion.Gentex also updated its FY 2018 guidance to EPS.

What price target have analysts set for GNTX?

8 equities research analysts have issued twelve-month price objectives for Gentex's shares. Their forecasts range from $20.00 to $29.00. On average, they anticipate Gentex's stock price to reach $24.4286 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Gentex.

What is the consensus analysts' recommendation for Gentex?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 4 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, "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)

Has Gentex been receiving favorable news coverage?

Headlines about GNTX stock have been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gentex earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect 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 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)

Who are Gentex's major shareholders?

Gentex's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.18%), Burgundy Asset Management Ltd. (3.90%), FMR LLC (3.73%), Dimensional Fund Advisors LP (2.23%), Bank of New York Mellon Corp (1.89%) and Riverbridge Partners LLC (1.77%). 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, Neil Boehm, Richard O Schaum, 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 Pictet Asset Management Ltd., FMR LLC, TIAA CREF Investment Management LLC, Glenmede Trust Co. NA, Fairpointe Capital LLC, Reinhart Partners Inc., Burgundy Asset Management Ltd. and Alliancebernstein L.P.. 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 major investors are buying Gentex stock?

GNTX stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Schroder Investment Management Group, Dimensional Fund Advisors LP, Northstar Investment Advisors LLC, Deutsche Bank AG, First Pacific Advisors LP, Canada Pension Plan Investment Board and Disciplined Growth Investors Inc. MN. Company insiders that have bought Gentex stock in the last two years include Kathleen Starkoff, 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 $22.51.

How big of a company is Gentex?

Gentex has a market capitalization of $5.90 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:  267 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  598
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 11/18/2018 by MarketBeat.com Staff

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