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

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$20.68 -0.15 (-0.72 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$20.83
Today's Range$20.54 - $20.97
52-Week Range$17.80 - $25.41
Volume1.13 million shs
Average Volume2.13 million shs
Market Capitalization$5.36 billion
P/E Ratio12.77
Dividend Yield2.11%
Beta1.11
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 Auto Parts
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$2.0435 per share
Book Value$7.10 per share

Profitability

Net Income$437.88 million

Miscellaneous

Employees5,707
Market Cap$5.36 billion
Next Earnings Date4/19/2019 (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 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Tuesday, April 9th. This is a positive change 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?

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 has authorized a share buyback plan on Saturday, March 10th 2018, which allows the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) posted its quarterly earnings data on Wednesday, January, 30th. The auto parts company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.43 by $0.02. The auto parts company had revenue of $453.40 million for the quarter, compared to analysts' expectations of $477.41 million. Gentex had a net margin of 23.88% and a return on equity of 23.06%. Gentex's revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 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, April 19th 2019. View Earnings Estimates for Gentex.

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

Gentex issued an update on its FY 2019 earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.83-1.93 billion, compared to the consensus revenue estimate of $1.97 billion.

What price target have analysts set for GNTX?

9 equities research analysts have issued 12-month price targets for Gentex's shares. Their predictions range from $20.00 to $25.00. On average, they expect Gentex's stock price to reach $22.5214 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Gentex.

What is the consensus analysts' recommendation for Gentex?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 7 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 fourth-quarter 2018, Gentex’s earnings and net sales missed the respective Zacks Consensus Estimate. Further, the figures declined from the year-ago quarter. The decline is majorly due to lowered vehicle productions, plant shutdowns and order adjustments by few customers that resulted in decreased unit shipments for Gentex. The company expects similar vehicle production trend to continue in 2019. Further, high tariff-related costs and operating expenses are hurting the company’s gross margins. In the last three months, shares of Gentex underperformed the industry it belongs to. However, rising demand for its dimmable devices and focus to improve product mix for long-term growth are tailwinds for Gentex." (2/4/2019)
  • 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)
  • 3. 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 trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news 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 daily sentiment score of 1.4 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting Gentex?

Gentex saw a decline in short interest in February. As of February 15th, there was short interest totalling 8,061,487 shares, a decline of 22.7% from the January 31st total of 10,428,536 shares. Based on an average trading volume of 2,518,719 shares, the days-to-cover ratio is presently 3.2 days. Approximately 3.1% of the shares of the stock 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 Gilead Sciences (GILD), Intel (INTC), Micron Technology (MU), Walt Disney (DIS), Ballard Power Systems (BLDP), Netflix (NFLX), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Visa (V) and Starbucks (SBUX).

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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.26%), FMR LLC (3.25%), Dimensional Fund Advisors LP (2.33%), Bank of New York Mellon Corp (1.67%), Riverbridge Partners LLC (1.55%) and Geode Capital Management LLC (1.51%). 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 major investors are selling Gentex stock?

GNTX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, D. E. Shaw & Co. Inc., First Quadrant L P CA, Riverbridge Partners LLC, Bank of New York Mellon Corp, New York State Common Retirement Fund, Gotham Asset Management LLC and Royce & Associates LP. Company insiders that have sold Gentex company stock in the last year include Frederick A Sotok, 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 acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Claybrook Capital LLC, Squarepoint Ops LLC, APG Asset Management N.V., Janney Montgomery Scott LLC, Geode Capital Management LLC and Geode Capital Management 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 $20.68.

How big of a company is Gentex?

Gentex has a market capitalization of $5.36 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:  285 (Vote Outperform)
Underperform Votes:  365 (Vote Underperform)
Total Votes:  650
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 3/18/2019 by MarketBeat.com Staff

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