Gentex Stock Price, News & Analysis (NASDAQ:GNTX)

$27.72
-0.01 (-0.04 %)
(As of 09/20/2019 08:38 AM ET)
Today's Range
$27.66
Now: $27.72
$28.03
50-Day Range
$25.91
MA: $26.96
$28.21
52-Week Range
$17.80
Now: $27.72
$28.43
Volume808,384 shs
Average Volume1.41 million shs
Market Capitalization$7.06 billion
P/E Ratio17.11
Dividend Yield1.67%
Beta1.24
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. Read More…

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$2.0733 per share
Book Value$7.10 per share

Profitability

Net Income$437.88 million

Miscellaneous

Employees5,707
Market Cap$7.06 billion
Next Earnings Date10/18/2019 (Estimated)
OptionableOptionable

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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, August 27th. Stockholders of record on Wednesday, October 9th will be paid a dividend of $0.115 per share on Wednesday, October 23rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Tuesday, October 8th. View Gentex's Dividend History.

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

Gentex's stock split on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly created shares were distributed 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 of Directors has approved a stock buyback program on Saturday, March 10th 2018, which permits the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) posted its earnings results on Friday, July, 19th. The auto parts company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.02. The auto parts company had revenue of $468.71 million for the quarter, compared to analysts' expectations of $462.65 million. Gentex had a return on equity of 23.08% and a net margin of 23.28%. The business's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, October 18th 2019. View Earnings Estimates for Gentex.

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

Gentex updated its FY 2020 earnings guidance on Friday, July, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.9261-2.052 billion, compared to the consensus revenue estimate of $1.94 billion.

What price target have analysts set for GNTX?

8 brokerages have issued 1 year price objectives for Gentex's stock. Their predictions range from $20.00 to $29.00. On average, they anticipate Gentex's share price to reach $22.9417 in the next twelve months. This suggests that the stock has a possible downside of 17.2%. 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 5 hold ratings and 3 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 second-quarter 2019, Gentex’s earnings and revenues surpassed the Zacks Consensus Estimate. Revenues also improved year over year in the quarter. The company aims to attain long-term growth, driven by robust product launches, better mix and unique technology platforms. 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." (7/23/2019)
  • 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?

Headlines about GNTX stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Gentex earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave news coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Gentex.

Are investors shorting Gentex?

Gentex saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 6,407,800 shares, a drop of 8.8% from the July 31st total of 7,022,800 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.5% of the shares of the company are sold short. View Gentex's Current Options Chain.

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), Walt Disney (DIS), Intel (INTC), Gilead Sciences (GILD), Netflix (NFLX), Activision Blizzard (ATVI), Cisco Systems (CSCO), Starbucks (SBUX), Alibaba Group (BABA) and Visa (V).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.43%), BlackRock Inc. (9.26%), BlackRock Inc. (9.26%), Boston Partners (1.79%), Bank of New York Mellon Corp (1.76%) and Schroder Investment Management Group (1.46%). 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, 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 BlackRock Inc., BlackRock Inc., UBS Asset Management Americas Inc., Allianz Asset Management GmbH, Bank of New York Mellon Corp, DekaBank Deutsche Girozentrale, Canada Pension Plan Investment Board and Capital Management Corp VA. 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, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex.

Which institutional investors are buying Gentex stock?

GNTX stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Boston Partners, Nuveen Asset Management LLC, Renaissance Technologies LLC, Thoroughbred Financial Services LLC, Point72 Asset Management L.P., Hancock Whitney Corp and Laurion Capital Management LP. 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 $27.72.

How big of a company is Gentex?

Gentex has a market capitalization of $7.06 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?

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:  321 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  723
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 9/20/2019 by MarketBeat.com Staff

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