About Gentex (NASDAQ:GNTX)
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.
Industry, Sector and Symbol
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
SymbolNASDAQ:GNTX
CUSIP37190110
Phone616-772-1800
Debt
Debt-to-Equity RatioN/A
Current Ratio4.86%
Quick Ratio3.97%
Price-To-Earnings
Trailing P/E Ratio18.88
Forward P/E Ratio14.43
P/E Growth1.52
Sales & Book Value
Annual Sales$1.79 billion
Price / Sales3.61
Cash Flow$1.6172 per share
Price / Cash14.63
Book Value$7.22 per share
Price / Book3.28
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$406.79 million
Net Margins22.66%
Return on Equity18.35%
Return on Assets15.64%
Miscellaneous
Employees5,481
Outstanding Shares273,610,000
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 12th. Shareholders of record on Friday, April 6th will be paid a dividend of $0.11 per share on Wednesday, April 18th. This represents a $0.44 annualized dividend and a yield of 1.86%. The ex-dividend date is Thursday, April 5th. This is a boost from Gentex's previous quarterly dividend of $0.10. 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 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 repurchase plan on Saturday, March 10th 2018, which authorizes the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its stock is undervalued.
How were Gentex's earnings last quarter?
Gentex (NASDAQ:GNTX) issued its quarterly earnings results on Friday, January, 26th. The auto parts company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.01. The auto parts company earned $459.57 million during the quarter, compared to analysts' expectations of $449.43 million. Gentex had a net margin of 22.66% and a return on equity of 18.35%. The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 EPS. View Gentex's Earnings History.
When is Gentex's next earnings date?
What price target have analysts set for GNTX?
9 brokerages have issued 1 year price targets for Gentex's stock. Their predictions range from $23.00 to $29.00. On average, they anticipate Gentex's share price to reach $25.25 in the next year. View Analyst Ratings for Gentex.
Who are some of Gentex's key competitors?
Some companies that are related to Gentex include Lear (LEA), BorgWarner (BWA), Icahn Enterprises (IEP), Allison Transmission (ALSN), Adient (ADNT), Delphi Technologies (DLPH), Dana (DAN), Tenneco (TEN), LCI Industries (LCII), Cooper Standard (CPS), Dorman Products (DORM), Meritor (MTOR), American Axle (AXL), Gentherm (THRM), Standard Motor Products (SMP), Modine Manufacturing (MOD), Lydall (LDL) and Stoneridge (SRI).
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, Assistant Gen. Counsel & Corp. Sec. (Age 37)
- Mr. Joseph E. Matthews IV, VP of Purchasing (Age 49)
Has Gentex been receiving favorable news coverage?
Headlines about GNTX stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gentex earned a media sentiment score of 0.09 on Accern's scale. They also assigned news stories about the auto parts company an impact score of 47.00 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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 $23.66.
How big of a company is Gentex?
Gentex has a market capitalization of $6.61 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.
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 (GNTX)
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.
Gentex (NASDAQ:GNTX) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Gentex in the last 12 months. Their average twelve-month price target is $25.25, suggesting that the stock has a possible upside of 6.72%. The high price target for GNTX is $29.00 and the low price target for GNTX is $23.00. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.56 | 2.56 | 2.78 | 2.63 |
| Ratings Breakdown: | 0 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $25.25 | $25.25 | $22.50 | $22.0714 |
| Price Target Upside: | 6.72% upside | 8.37% upside | 4.80% upside | 8.51% upside |
Gentex (NASDAQ:GNTX) Consensus Price Target History
Gentex (NASDAQ:GNTX) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Gentex (NASDAQ:GNTX) Dividend Information
Gentex pays an annual dividend of $0.44 per share, with a dividend yield of 1.86%. GNTX's most recent quarterly dividend payment was Wednesday, April 18. Gentex pays out 34.38% of its earnings out as a dividend.
| Most Recent Dividend: | 4/18/2018 |
| Annual Dividend: | $0.44 |
| Dividend Yield: | 1.86% |
| Payout Ratio: | 34.38% (Trailing 12 Months of Earnings)
26.83% (Based on This Year's Estimates)
24.58% (Based on Next Year's Estimates)
|
Gentex (NASDAQ:GNTX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/12/2018 | quarterly | $0.11 | 1.88% | 4/5/2018 | 4/6/2018 | 4/18/2018 |
| 11/27/2017 | quarterly | $0.10 | 2.02% | 1/4/2018 | 1/5/2018 | 1/17/2018 |
| 8/23/2017 | quarterly | $0.10 | 2.3% | 10/5/2017 | 10/6/2017 | 10/18/2017 |
| 5/18/2017 | quarterly | $0.10 | 2.12% | 7/3/2017 | 7/6/2017 | 7/19/2017 |
| 3/6/2017 | quarterly | $0.09 | 1.7% | 4/5/2017 | 4/7/2017 | 4/19/2017 |
| 11/30/2016 | quarterly | $0.09 | 1.95% | 1/4/2017 | 1/6/2017 | 1/18/2017 |
| 8/31/2016 | quarterly | $0.09 | 2.02% | 10/5/2016 | 10/7/2016 | 10/19/2016 |
| 5/19/2016 | quarterly | $0.09 | 2.27% | 7/5/2016 | 7/7/2016 | 7/20/2016 |
| 2/25/2016 | quarterly | $0.0850 | 2.35% | 4/5/2016 | 4/7/2016 | 4/17/2016 |
| 12/4/2015 | quarterly | $0.0850 | 2.09% | 1/5/2016 | 1/7/2016 | 1/20/2016 |
| 8/31/2015 | quarterly | $0.0850 | 2.24% | 10/5/2015 | 10/7/2015 | 10/16/2015 |
| 5/21/2015 | quarterly | $0.0850 | 1.97% | 7/2/2015 | 7/7/2015 | 7/17/2015 |
| 3/3/2015 | quarterly | $0.08 | 1.81% | 4/2/2015 | 4/7/2015 | 4/17/2015 |
| 12/2/2014 | quarterly | $0.16 | 1.75% | 1/5/2015 | 1/7/2015 | 1/20/2015 |
| 8/29/2014 | quarterly | $0.16 | 2.16% | 10/3/2014 | 10/7/2014 | 10/17/2014 |
| 5/15/2014 | quarterly | $0.16 | 2.22% | 7/3/2014 | 7/8/2014 | 7/18/2014 |
| 3/10/2014 | quarterly | $0.14 | | 4/2/2014 | 4/4/2014 | 4/21/2014 |
| 12/9/2013 | quarterly | $0.14 | 1.9% | 1/2/2014 | 1/6/2014 | 1/17/2014 |
| 8/20/2013 | quarterly | $0.14 | 2.48% | 10/2/2013 | 10/4/2013 | 10/18/2013 |
| 5/29/2013 | quarterly | $0.14 | 2.41% | 7/2/2013 | 7/5/2013 | 7/19/2013 |
| 2/19/2013 | quarterly | $0.14 | 2.91% | 4/3/2013 | 4/5/2013 | 4/19/2013 |
(Data available from 1/1/2013 forward)
Gentex (NASDAQ GNTX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.60%
Institutional Ownership Percentage: 84.40%
Gentex (NASDAQ GNTX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/12/2018 | Fred Bauer | Chairman | Sell | 946,200 | $23.33 | $22,074,846.00 | |  |
| 3/1/2018 | Joseph E Iv Matthews | VP | Sell | 1,060 | $22.51 | $23,860.60 | 22,180 | |
| 1/31/2018 | Scott P Ryan | General Counsel | Sell | 7,220 | $23.66 | $170,825.20 | 21,329 | |
| 1/30/2018 | James H Wallace | Director | Sell | 12,000 | $23.40 | $280,800.00 | 48,304 | |
| 1/30/2018 | Kevin C Nash | Insider | Sell | 7,874 | $23.40 | $184,251.60 | 34,062 | |
| 9/27/2017 | Kevin C Nash | Insider | Sell | 4,320 | $19.70 | $85,104.00 | 30,732 | |
| 9/27/2017 | Steven R Downing | CFO | Sell | 8,000 | $19.70 | $157,600.00 | 47,362 | |
| 8/7/2017 | Fred Bauer | Chairman | Sell | 239,400 | $17.33 | $4,148,802.00 | 5,771,128 | |
| 6/1/2017 | John A. Mulder | Director | Sell | 10,000 | $19.22 | $192,200.00 | | |
| 4/27/2017 | Frederick A. Sotok | Director | Sell | 19,000 | $20.84 | $395,960.00 | | |
| 4/25/2017 | Kevin C Nash | Insider | Sell | 1,694 | $20.65 | $34,981.10 | 36,746 | |
| 4/24/2017 | Joseph E Iv Matthews | VP | Sell | 9,996 | $20.31 | $203,018.76 | 20,100 | |
| 4/24/2017 | Scott P Ryan | General Counsel | Sell | 4,920 | $20.38 | $100,269.60 | 18,585 | |
| 3/30/2017 | John A. Mulder | Director | Sell | 10,000 | $21.28 | $212,800.00 | | |
| 1/31/2017 | Steven R Downing | CFO | Sell | 10,176 | $20.75 | $211,152.00 | 46,125 | |
| 1/30/2017 | Frederick A. Sotok | Director | Sell | 12,000 | $20.93 | $251,160.00 | | |
| 1/30/2017 | Kevin C Nash | Insider | Sell | 4,544 | $20.90 | $94,969.60 | 31,432 | |
| 11/18/2016 | Joseph E Iv Matthews | VP | Sell | 2,244 | $18.00 | $40,392.00 | 17,614 | |
| 10/25/2016 | James H Wallace | Director | Sell | 12,000 | $16.78 | $201,360.00 | 29,400 | |
| 10/25/2016 | Kevin C Nash | Insider | Sell | 6,210 | $16.68 | $103,582.80 | 31,830 | |
| 8/22/2016 | Fred Bauer | Chairman | Sell | 696,000 | $18.03 | $12,548,880.00 | 6,011,728 | |
| 8/10/2016 | John A. Mulder | Director | Sell | 20,000 | $18.07 | $361,400.00 | | |
| 7/26/2016 | Scott P Ryan | General Counsel | Sell | 5,132 | $17.77 | $91,195.64 | 14,446 | |
| 7/25/2016 | Gary F Goode | Director | Sell | 24,000 | $17.57 | $421,680.00 | 28,000 | |
| 7/25/2016 | Kevin C Nash | Insider | Sell | 6,412 | $17.63 | $113,043.56 | 31,432 | |
| 7/25/2016 | Steven R Downing | CFO | Sell | 8,820 | $17.62 | $155,408.40 | 49,615 | |
| 6/8/2016 | Fred Bauer | CEO | Sell | 351,700 | $16.45 | $5,785,465.00 | 6,076,728 | |
| 6/6/2016 | Fred Bauer | CEO | Sell | 266,300 | $16.42 | $4,372,646.00 | 6,591,628 | |
| 6/1/2016 | Joseph E Iv Matthews | VP | Sell | 2,140 | $16.50 | $35,310.00 | 17,510 | |
| 12/28/2015 | Scott P Ryan | General Counsel | Sell | 2,000 | $16.31 | $32,620.00 | 5,094 | |
| 11/5/2015 | John A. Mulder | Director | Sell | 6,000 | $16.61 | $99,660.00 | 71,104 | |
| 11/2/2015 | Mark W. Newton | SVP | Sell | 38,184 | $16.63 | $634,999.92 | 29,200 | |
| 10/28/2015 | Scott P. Ryan | General Counsel | Sell | 3,000 | $16.36 | $49,080.00 | 7,094 | |
| 10/27/2015 | Kevin C. Nash | CAO | Sell | 14,420 | $16.31 | $235,190.20 | 25,350 | |
| 10/23/2015 | Gary F. Goode | Director | Sell | 12,000 | $16.19 | $194,280.00 | 16,000 | |
| 5/12/2015 | Steven R Downing | CFO | Sell | 6,300 | $17.47 | $110,061.00 | | |
| 4/23/2015 | Joseph E Iv Matthews | VP | Sell | 15,140 | $18.11 | $274,185.40 | | |
| 3/31/2015 | Joseph E Iv Matthews | VP | Sell | 4,000 | $18.35 | $73,400.00 | | |
| 2/6/2015 | John A Mulder | Director | Sell | 12,000 | $17.25 | $207,000.00 | | |
| 2/3/2015 | Frederick A Sotok | Director | Sell | 21,000 | $17.28 | $362,880.00 | | |
| 2/3/2015 | Mark W Newton | SVP | Sell | 34,204 | $17.36 | $593,781.44 | | |
| 11/4/2014 | Fred Bauer | CEO | Sell | 534,000 | $32.79 | $17,509,860.00 | | |
| 10/24/2014 | Joseph E Iv Matthews | VP | Sell | 1,070 | $31.72 | $33,940.40 | | |
| 10/23/2014 | Bruce A Los | SVP | Sell | 22,530 | $31.11 | $700,908.30 | | |
| 10/23/2014 | James H Wallace | Director | Sell | 12,000 | $31.07 | $372,840.00 | | |
| 9/30/2014 | Bruce A Los | SVP | Sell | 9,382 | $26.92 | $252,563.44 | | |
| 9/29/2014 | Kevin C Nash | CAO | Sell | 1,800 | $27.36 | $49,248.00 | | |
| 9/29/2014 | Mark W Newton | SVP | Sell | 10,200 | $27.36 | $279,072.00 | | |
| 9/29/2014 | Steven R Downing | CFO | Sell | 2,000 | $27.36 | $54,720.00 | | |
| 8/27/2014 | John A Mulder | Director | Sell | 4,256 | $29.57 | $125,849.92 | | |
| 7/29/2014 | Bruce A Los | SVP | Sell | 8,848 | $29.11 | $257,565.28 | | |
| 7/28/2014 | Frederick A Sotok | Director | Sell | 6,000 | $29.02 | $174,120.00 | | |
| 6/25/2014 | Paul V Flynn | VP | Sell | 1,163 | $29.10 | $33,843.30 | | |
| 6/6/2014 | Bruce A Los | SVP | Sell | 3,400 | $29.61 | $100,674.00 | | |
| 5/5/2014 | Kevin Nash | CAO | Sell | 6,728 | $29.71 | $199,888.88 | 6,975 | |
| 5/2/2014 | Steven Downing | CFO | Sell | 1,750 | $29.68 | $51,940.00 | 15,475 | |
| 4/30/2014 | Mark Newton | SVP | Sell | 34,674 | $28.68 | $994,450.32 | 43,060 | |
| 2/11/2014 | John Mulder | Director | Sell | 12,000 | $31.43 | $377,160.00 | 74,308 | |
| 2/5/2014 | Frederick Sotok | Director | Sell | 5,500 | $30.58 | $168,190.00 | 13,848 | |
| 12/12/2013 | Bruce Los | SVP | Sell | 4,130 | $30.15 | $124,519.50 | 15,194 | |
| 11/26/2013 | Bruce Los | SVP | Sell | 2,000 | $29.82 | $59,640.00 | 15,194 | |
| 10/30/2013 | Gary F Goode | Director | Sell | 12,000 | $30.14 | $361,680.00 | | |
| 8/6/2013 | Wallace Tsuha, Jr. | Director | Sell | 12,000 | $22.77 | $273,240.00 | 5,000 | |
| 7/29/2013 | Steven A Dykman | VP | Sell | 10,986 | $22.24 | $244,328.64 | | |
| 6/28/2013 | Paul V Flynn | VP | Sell | 2,600 | $23.00 | $59,800.00 | | |
| 5/24/2013 | Steven A Dykman | VP | Sell | 13,476 | $23.68 | $319,111.68 | | |
| 5/8/2013 | Fred Bauer | CEO | Sell | 418,632 | $24.52 | $10,264,856.64 | | |
| 5/8/2013 | Mark W Newton | SVP | Sell | 3,840 | $24.37 | $93,580.80 | | |
| 5/8/2013 | Paul V Flynn | VP | Sell | 2,325 | $24.56 | $57,102.00 | | |
(Data available from 1/1/2013 forward)
Gentex (NASDAQ GNTX) News Headlines
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Gentex (NASDAQ:GNTX) SEC Filings
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Gentex (NASDAQ:GNTX) Income Statement, Balance Sheet and Cash Flow Statement
Gentex (NASDAQ GNTX) Stock Chart for Friday, April, 20, 2018
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