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

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$21.97 +0.18 (+0.83 %)
(As of 05/27/2019 09:02 AM ET)
Previous Close$21.79
Today's Range$21.75 - $22.0074
52-Week Range$17.80 - $25.41
Volume1.26 million shs
Average Volume1.22 million shs
Market Capitalization$5.62 billion
P/E Ratio13.56
Dividend Yield2.09%
Beta1.14
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. The company also manufactures and sells variable dimmable windows to aircraft manufacturers and airline operators. In addition, it provides photoelectric smoke detectors and alarms, electrochemical carbon monoxide detectors and alarms, audible and visual signaling 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

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$1.83 billion
Cash Flow$2.0610 per share
Book Value$7.10 per share

Profitability

Net Income$437.88 million

Miscellaneous

Employees5,707
Market Cap$5.62 billion
Next Earnings Date7/19/2019 (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 Monday, March 11th. Stockholders of record on Wednesday, April 10th will be paid a dividend of $0.115 per share on Wednesday, April 24th. This represents a $0.46 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Tuesday, April 9th. This is a boost from Gentex's previous quarterly dividend of $0.11. View Gentex's Dividend History.

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

Shares of Gentex split on the morning of Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly minted shares were payable 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 declared that its Board of Directors has approved a stock buyback plan on Saturday, March 10th 2018, which authorizes the company to repurchase 20,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans 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 quarterly earnings data on Wednesday, April, 24th. The auto parts company reported $0.40 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.01. The auto parts company had revenue of $468.60 million for the quarter, compared to analyst estimates of $463.79 million. Gentex had a return on equity of 23.03% and a net margin of 23.45%. The firm's quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 EPS. View Gentex's Earnings History.

When is Gentex's next earnings date?

Gentex is scheduled to release their next quarterly earnings announcement on Friday, July 19th 2019. View Earnings Estimates for Gentex.

What price target have analysts set for GNTX?

7 equities research analysts have issued 12 month price targets for Gentex's stock. Their predictions range from $20.00 to $25.00. On average, they expect Gentex's share price to reach $21.73 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Gentex.

What is the consensus analysts' recommendation for Gentex?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 5 hold ratings and 2 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 first-quarter 2019, Gentex’s earnings and revenues surpassed the Zacks Consensus Estimate. Revenues also improved year over year during the quarter. The company aims to attain long-term growth, driven by robust product launches, better mix and unique technology platforms. It pursues an aggressive capital-deployment strategy. Also, rising demand for its dimmable devices is adding to its growth momentum. However, high operating expenses, and pricing pressure from automotive customers and competitors are concerns for Gentex." (5/17/2019)
  • 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?

Press coverage about GNTX stock has trended positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gentex earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave press coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Gentex's key competitors?

What other stocks do shareholders of Gentex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gentex investors own include Micron Technology (MU), Gilead Sciences (GILD), Walt Disney (DIS), Intel (INTC), Cisco Systems (CSCO), Activision Blizzard (ATVI), Netflix (NFLX), Alibaba Group (BABA), Johnson & Johnson (JNJ) and CVS Health (CVS).

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.49%), FMR LLC (2.60%), Dimensional Fund Advisors LP (2.47%), Artisan Partners Limited Partnership (2.03%), Maj Invest Holding A S (1.64%) and Geode Capital Management LLC (1.49%). Company insiders that own Gentex stock include Fred Bauer, Frederick A Sotok, Gary F Goode, 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 major investors are selling Gentex stock?

GNTX stock was sold by a variety of institutional investors in the last quarter, including Scharf Investments LLC, FMR LLC, Clearbridge Investments LLC, JPMorgan Chase & Co., First Trust Advisors LP, Origin Asset Management LLP, American Capital Management Inc. and Riverbridge Partners LLC. Company insiders that have sold Gentex company stock in the last year include Gary F Goode, James H Wallace, John A Mulder, Kevin C Nash, Matthew Chiodo, Neil Boehm and Scott P Ryan. View Insider Buying and Selling for Gentex.

Which major investors are buying Gentex stock?

GNTX stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, AJO LP, Maj Invest Holding A S, PGGM Investments, Northern Trust Corp, Dimensional Fund Advisors LP, DekaBank Deutsche Girozentrale and Natixis. 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, Scottrade, Fidelity and Charles Schwab.

What is Gentex's stock price today?

One share of GNTX stock can currently be purchased for approximately $21.97.

How big of a company is Gentex?

Gentex has a market capitalization of $5.62 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.

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:  298 (Vote Outperform)
Underperform Votes:  380 (Vote Underperform)
Total Votes:  678
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 5/27/2019 by MarketBeat.com Staff

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