Gentex Company Profile (NASDAQ:GNTX)

About Gentex (NASDAQ:GNTX)

Gentex logoGentex Corporation designs and manufactures automatic-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. The Company's business segment involves designing, developing, manufacturing and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Within this business segment, the Company also designs, develops and manufactures various electronics that are features to the interior and exterior automotive rearview mirrors, as well as interior visors, overhead consoles, and other locations in the vehicle. The Company ships its products to all of the automotive producing regions across the world, which it supports with various sales, engineering and distribution locations across the world.

Industry, Sector and Symbol:
  • Sector: Cyclical Consumer Goods & Services
  • Industry: Automotive Accessories
  • Sub-Industry: Auto Parts & Equipment
  • Symbol: NASDAQ:GNTX
  • CUSIP: 37190110
  • Web: www.gentex.com
Capitalization:
  • Market Cap: $5.4 billion
  • Outstanding Shares: 285,549,000
Average Prices:
  • 50 Day Moving Avg: $19.58
  • 200 Day Moving Avg: $18.94
  • 52 Week Range: $16.06 - $22.12
P/E:
  • Trailing P/E Ratio: 15.01
  • Foreward P/E Ratio: 13.60
  • P/E Growth: 1.16
Sales & Book Value:
  • Annual Revenue: $1.75 billion
  • Price / Sales: 3.09
  • Book Value: $7.02 per share
  • Price / Book: 2.69
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 1.9%
Profitability:
  • EBITDA: $615.67 million
  • Net Margins: 20.57%
  • Return on Equity: 17.96%
  • Return on Assets: 15.28%
Debt:
  • Current Ratio: 4.44%
  • Quick Ratio: 3.72%
Misc:
  • Average Volume: 2.08 million shs.
  • Beta: 1.18
  • Short Ratio: 6.66
 

Frequently Asked Questions for Gentex (NASDAQ:GNTX)

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 23rd. Stockholders of record on Friday, October 6th will be paid a dividend of $0.10 per share on Wednesday, October 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Thursday, October 5th. View Gentex's Dividend History.

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

Shares of Gentex split on Friday, January 2nd 2015. The 2-1 split was announced on Friday, December 5th 2014. The newly created shares were issued 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 has authorized a share repurchase program on Thursday, August 24th 2017, which authorizes the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) announced its quarterly earnings results on Friday, October, 20th. The company reported $0.31 EPS for the quarter, meeting analysts' consensus estimates of $0.31. The firm had revenue of $438.63 million for the quarter, compared to analyst estimates of $452.42 million. Gentex had a return on equity of 17.96% and a net margin of 20.57%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 earnings per share. View Gentex's Earnings History.

When will Gentex make its next earnings announcement?

Gentex is scheduled to release their next quarterly earnings announcement on Friday, January, 26th 2018. View Earnings Estimates for Gentex.

Where is Gentex's stock going? Where will Gentex's stock price be in 2017?

8 analysts have issued 12-month price targets for Gentex's stock. Their forecasts range from $18.00 to $25.00. On average, they expect Gentex's stock price to reach $21.93 in the next twelve months. View Analyst Ratings for Gentex.

What are analysts saying about Gentex stock?

Here are some recent quotes from research analysts about Gentex stock:

  • 1. According to Zacks Investment Research, "Gentex Corporation designs and manufactures automatic-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. It's business segment involves designing, developing, manufacturing and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Within this business segment, the Company also designs, develops and manufactures various electronics that are features to the interior and exterior automotive rearview mirrors, as well as interior visors, overhead consoles, and other locations in the vehicle. The Company ships its products to all of the automotive producing regions across the world, which it supports with various sales, engineering and distribution locations across the world. Gentex is headquartered in Zeeland, MI. " (10/23/2017)
  • 2. BMO Capital Markets analysts commented, "Our confidence in listing GNTX shares near the top of our pecking order remains very high after spending two days on the road with management. Despite the shares being a top performer in our coverage group over the past 12 months and currently sporting a valuation premium to its peers, we believe the combination of further penetration of auto-dimming mirrors, content gains from embedded features and new product launches will allow revenue to well exceed global auto production over the next several years. Reiterate Outperform." (3/24/2017)
  • 3. FBR & Co analysts commented, "We recently attended CES 2017 and were introduced to several new products that we believe could present incremental growth opportunities for the company. Gentex showed several technologies at CES: a camera-based rear vision solution, a biometric driver authentication system, and a HomeLink product that provides cloud-based connectivity from car to home. We think that there are two key takeaways from these launches. (1) The company's steady transition toward more technology-driven revenue continues to be a key theme, and we think the biometric authentication system, in particular, demonstrates the team's innovative capabilities. (2) Perhaps more importantly, we believe that the camera rear-vision system validates our argument that even if exterior mirrors begin to change in their traditional sense, Gentex will still have a significant long-term growth opportunity given its interior-mirror and exterior-based content portfolio. Looking ahead, we think GNTX shares continue to be quite attractive, and we are raising our price target to $25, from $22, following positive takeaways from CES. We reiterate our Outperform rating, and we believe that given our expectation for a SAAR plateau in 2017, automotive investors should be looking at secular growth stories like Gentex." (1/13/2017)

Who are some of Gentex's key competitors?

Who are Gentex's key executives?

Gentex's management team includes the folowing people:

  • Fred Bauer, Chairman of the Board, Chief Executive Officer
  • Steven R. Downing, President, Interim Chief Financial Officer, Chief Operating Officer, Treasurer
  • Kevin Nash, Chief Accounting Officer, Vice President - Accounting
  • Joseph Matthews, Vice President - Purchasing
  • Scott P. Ryan, Assistant General Counsel, Corporate Secretary
  • James H. Wallace, Lead Independent Director
  • Leslie Brown, Independent Director
  • Gary F. Goode, Independent Director
  • Pete Hoekstra, Independent Director
  • James A. Hollars, Independent Director

Who owns Gentex stock?

Gentex's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.62%), Reinhart Partners Inc. (0.61%), Kirr Marbach & Co. LLC IN (0.20%), Nationwide Fund Advisors (0.17%), Mutual of America Capital Management LLC (0.08%) and State Treasurer State of Michigan (0.04%). 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, Kevin C Nash, Mark W Newton, Scott P Ryan and Steven R Downing. View Institutional Ownership Trends for Gentex.

Who sold Gentex stock? Who is selling Gentex stock?

Gentex's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Mutual of America Capital Management LLC and Nationwide Fund Advisors. Company insiders that have sold Gentex stock in the last year include Fred Bauer, Frederick A Sotok, James H Wallace, John A Mulder, Joseph E Iv Matthews, Kevin C Nash, Scott P Ryan and Steven R Downing. View Insider Buying and Selling for Gentex.

Who bought Gentex stock? Who is buying Gentex stock?

Gentex's stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., BerganKDV Wealth Management LLC, Kirr Marbach & Co. LLC IN and PGGM Investments. View Insider Buying and Selling for Gentex.

How do I buy Gentex stock?

Shares of Gentex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gentex's stock price today?

One share of Gentex stock can currently be purchased for approximately $18.91.


MarketBeat Community Rating for Gentex (NASDAQ GNTX)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  381
MarketBeat's community ratings are surveys of what our community members think about Gentex and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gentex (NASDAQ:GNTX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $21.93 (15.96% upside)
Consensus Price Target History for Gentex (NASDAQ:GNTX)
Price Target History for Gentex (NASDAQ:GNTX)
Analysts' Ratings History for Gentex (NASDAQ:GNTX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/23/2017Robert W. BairdLower Price TargetOutperform$22.00 -> $21.00N/AView Rating Details
10/18/2017FBR & CoReiterated RatingBuy$25.00N/AView Rating Details
10/15/2017KeyCorpReiterated RatingBuy$25.00N/AView Rating Details
7/24/2017BMO Capital MarketsReiterated RatingOutperform$25.00 -> $22.00LowView Rating Details
7/24/2017Craig HallumDowngradeBuy -> Hold$18.00MediumView Rating Details
5/4/2017Wellington ShieldsDowngradeGradually Accumulate -> HoldLowView Rating Details
1/31/2017Wells Fargo & CompanyReiterated RatingOutperform$21.50N/AView Rating Details
12/19/2016Susquehanna Bancshares IncInitiated CoverageNeutral$21.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Gentex (NASDAQ:GNTX)
Earnings by Quarter for Gentex (NASDAQ:GNTX)
Earnings History by Quarter for Gentex (NASDAQ GNTX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/26/2018        
10/20/2017Q3 2017$0.31$0.31$452.42 million$438.63 millionViewN/AView Earnings Details
7/21/2017Q2 2017$0.32$0.31$446.36 million$443.10 millionViewN/AView Earnings Details
4/21/2017Q1 2017$0.31$0.33$444.92 million$453.54 millionViewN/AView Earnings Details
1/27/2017Q416$0.32$0.31$437.36 million$419.91 millionViewN/AView Earnings Details
10/20/2016Q316$0.30$0.32$428.43 million$429.60 millionViewListenView Earnings Details
7/22/2016Q216$0.29$0.30$416.99 million$423.80 millionViewListenView Earnings Details
4/22/2016Q116$0.28$0.28$405.23 million$405.60 millionViewListenView Earnings Details
1/28/2016Q415$0.27$0.30$391.81 million$405.60 millionViewListenView Earnings Details
10/21/2015Q315$0.27$0.27$393.44 million$389.00 millionViewListenView Earnings Details
7/23/2015Q215$0.25$0.26$375.41 million$379.30 millionViewListenView Earnings Details
4/22/2015Q115$0.25$0.26$367.54 million$368.90 millionViewN/AView Earnings Details
1/28/2015Q414$0.26$0.24$368.42 million$350.40 millionViewN/AView Earnings Details
10/22/2014Q314$0.47$0.49$339.41 million$350.90 millionViewListenView Earnings Details
4/23/2014Q214$0.45$0.47$324.20 million$335.70 millionViewN/AView Earnings Details
1/29/2014Q114$0.43$0.48$319.70 million$326.80 millionViewN/AView Earnings Details
10/22/2013Q313$0.32$0.38$277.24 million$288.60 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.32$0.36$274.52 million$287.00 millionViewN/AView Earnings Details
4/23/2013Q1 2013$0.30$0.32$268.13 million$269.50 millionViewN/AView Earnings Details
1/29/2013Q4 2012$0.26$0.28$258.11 million$260.30 millionViewN/AView Earnings Details
10/23/2012$0.28$0.29ViewN/AView Earnings Details
7/24/2012$0.29$0.28ViewN/AView Earnings Details
4/19/2012$0.32$0.32ViewN/AView Earnings Details
1/31/2012$0.30$0.28ViewN/AView Earnings Details
10/20/2011$0.29$0.30ViewN/AView Earnings Details
7/21/2011$0.27$0.27ViewN/AView Earnings Details
4/21/2011$0.29$0.29ViewN/AView Earnings Details
1/27/2011$0.25$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gentex (NASDAQ:GNTX)
2017 EPS Consensus Estimate: $1.33
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.32$0.32$0.32
Q2 20171$0.33$0.33$0.33
Q3 20171$0.33$0.33$0.33
Q4 20172$0.35$0.35$0.35
Q2 20181$0.35$0.35$0.35
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Gentex (NASDAQ:GNTX)
Most Recent Dividend:10/18/2017
Annual Dividend:$0.40
Dividend Yield:2.12%
Payout Ratio:31.75% (Trailing 12 Months of Earnings)
31.25% (Based on This Year's Estimates)
28.78% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Gentex (NASDAQ:GNTX)

Dividend History by Quarter for Gentex (NASDAQ GNTX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/23/2017quarterly$0.102.3%10/5/201710/6/201710/18/2017
5/18/2017quarterly$0.102.12%7/3/20177/6/20177/19/2017
3/6/2017quarterly$0.091.7%4/5/20174/7/20174/19/2017
11/30/2016quarterly$0.091.95%1/4/20171/6/20171/18/2017
8/31/2016quarterly$0.092.02%10/5/201610/7/201610/19/2016
5/19/2016quarterly$0.092.27%7/5/20167/7/20167/20/2016
2/25/2016quarterly$0.092.35%4/5/20164/7/20164/17/2016
12/4/2015quarterly$0.092.09%1/5/20161/7/20161/20/2016
8/31/2015quarterly$0.092.24%10/5/201510/7/201510/16/2015
5/21/2015quarterly$0.091.97%7/2/20157/7/20157/17/2015
3/3/2015quarterly$0.081.81%4/2/20154/7/20154/17/2015
12/2/2014quarterly$0.161.75%1/5/20151/7/20151/20/2015
8/29/2014quarterly$0.162.16%10/3/201410/7/201410/17/2014
5/15/2014quarterly$0.162.22%7/3/20147/8/20147/18/2014
3/10/2014quarterly$0.144/2/20144/4/20144/21/2014
12/9/2013quarterly$0.141.9%1/2/20141/6/20141/17/2014
8/20/2013quarterly$0.142.48%10/2/201310/4/201310/18/2013
5/29/2013quarterly$0.142.41%7/2/20137/5/20137/19/2013
2/19/2013quarterly$0.142.91%4/3/20134/5/20134/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Gentex (NASDAQ:GNTX)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 80.78%
Insider Trades by Quarter for Gentex (NASDAQ:GNTX)
Institutional Ownership by Quarter for Gentex (NASDAQ:GNTX)
Insider Trades by Quarter for Gentex (NASDAQ:GNTX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2017Kevin C NashInsiderSell4,320$19.70$85,104.00View SEC Filing  
9/27/2017Steven R DowningCFOSell8,000$19.70$157,600.00View SEC Filing  
8/7/2017Fred BauerChairmanSell239,400$17.33$4,148,802.00View SEC Filing  
6/1/2017John A. MulderDirectorSell10,000$19.22$192,200.00View SEC Filing  
4/27/2017Frederick A. SotokDirectorSell19,000$20.84$395,960.00View SEC Filing  
4/25/2017Kevin C NashInsiderSell1,694$20.65$34,981.10View SEC Filing  
4/24/2017Joseph E Iv MatthewsVPSell9,996$20.31$203,018.76View SEC Filing  
4/24/2017Scott P RyanGeneral CounselSell4,920$20.38$100,269.60View SEC Filing  
3/30/2017John A. MulderDirectorSell10,000$21.28$212,800.00View SEC Filing  
1/31/2017Steven R DowningCFOSell10,176$20.75$211,152.00View SEC Filing  
1/30/2017Frederick A. SotokDirectorSell12,000$20.93$251,160.00View SEC Filing  
1/30/2017Kevin C NashInsiderSell4,544$20.90$94,969.60View SEC Filing  
11/18/2016Joseph E Iv MatthewsVPSell2,244$18.00$40,392.00View SEC Filing  
10/25/2016James H WallaceDirectorSell12,000$16.78$201,360.00View SEC Filing  
10/25/2016Kevin C NashInsiderSell6,210$16.68$103,582.80View SEC Filing  
8/22/2016Fred BauerChairmanSell696,000$18.03$12,548,880.00View SEC Filing  
8/10/2016John A. MulderDirectorSell20,000$18.07$361,400.00View SEC Filing  
7/26/2016Scott P RyanGeneral CounselSell5,132$17.77$91,195.64View SEC Filing  
7/25/2016Gary F GoodeDirectorSell24,000$17.57$421,680.00View SEC Filing  
7/25/2016Kevin C NashInsiderSell6,412$17.63$113,043.56View SEC Filing  
7/25/2016Steven R DowningCFOSell8,820$17.62$155,408.40View SEC Filing  
6/8/2016Fred BauerCEOSell351,700$16.45$5,785,465.00View SEC Filing  
6/6/2016Fred BauerCEOSell266,300$16.42$4,372,646.00View SEC Filing  
6/1/2016Joseph E Iv MatthewsVPSell2,140$16.50$35,310.00View SEC Filing  
12/28/2015Scott P RyanGeneral CounselSell2,000$16.31$32,620.00View SEC Filing  
11/5/2015John A. MulderDirectorSell6,000$16.61$99,660.00View SEC Filing  
11/2/2015Mark W. NewtonSVPSell38,184$16.63$634,999.92View SEC Filing  
10/28/2015Scott P. RyanGeneral CounselSell3,000$16.36$49,080.00View SEC Filing  
10/27/2015Kevin C. NashCAOSell14,420$16.31$235,190.20View SEC Filing  
10/23/2015Gary F. GoodeDirectorSell12,000$16.19$194,280.00View SEC Filing  
5/12/2015Steven R DowningCFOSell6,300$17.47$110,061.00View SEC Filing  
4/23/2015Joseph E Iv MatthewsVPSell15,140$18.11$274,185.40View SEC Filing  
3/31/2015Joseph E Iv MatthewsVPSell4,000$18.35$73,400.00View SEC Filing  
2/6/2015John A MulderDirectorSell12,000$17.25$207,000.00View SEC Filing  
2/3/2015Frederick A SotokDirectorSell21,000$17.28$362,880.00View SEC Filing  
2/3/2015Mark W NewtonSVPSell34,204$17.36$593,781.44View SEC Filing  
11/4/2014Fred BauerCEOSell534,000$32.79$17,509,860.00View SEC Filing  
10/24/2014Joseph E Iv MatthewsVPSell1,070$31.72$33,940.40View SEC Filing  
10/23/2014Bruce A LosSVPSell22,530$31.11$700,908.30View SEC Filing  
10/23/2014James H WallaceDirectorSell12,000$31.07$372,840.00View SEC Filing  
9/30/2014Bruce A LosSVPSell9,382$26.92$252,563.44View SEC Filing  
9/29/2014Kevin C NashCAOSell1,800$27.36$49,248.00View SEC Filing  
9/29/2014Mark W NewtonSVPSell10,200$27.36$279,072.00View SEC Filing  
9/29/2014Steven R DowningCFOSell2,000$27.36$54,720.00View SEC Filing  
8/27/2014John A MulderDirectorSell4,256$29.57$125,849.92View SEC Filing  
7/29/2014Bruce A LosSVPSell8,848$29.11$257,565.28View SEC Filing  
7/28/2014Frederick A SotokDirectorSell6,000$29.02$174,120.00View SEC Filing  
6/25/2014Paul V FlynnVPSell1,163$29.10$33,843.30View SEC Filing  
6/6/2014Bruce A LosSVPSell3,400$29.61$100,674.00View SEC Filing  
5/5/2014Kevin NashCAOSell6,728$29.71$199,888.88View SEC Filing  
5/2/2014Steven DowningCFOSell1,750$29.68$51,940.00View SEC Filing  
4/30/2014Mark NewtonSVPSell34,674$28.68$994,450.32View SEC Filing  
2/11/2014John MulderDirectorSell12,000$31.43$377,160.00View SEC Filing  
2/5/2014Frederick SotokDirectorSell5,500$30.58$168,190.00View SEC Filing  
12/12/2013Bruce LosSVPSell4,130$30.15$124,519.50View SEC Filing  
11/26/2013Bruce LosSVPSell2,000$29.82$59,640.00View SEC Filing  
10/30/2013Gary F GoodeDirectorSell12,000$30.14$361,680.00View SEC Filing  
8/6/2013Wallace Tsuha, Jr.DirectorSell12,000$22.77$273,240.00View SEC Filing  
7/29/2013Steven A DykmanVPSell10,986$22.24$244,328.64View SEC Filing  
6/28/2013Paul V FlynnVPSell2,600$23.00$59,800.00View SEC Filing  
5/24/2013Steven A DykmanVPSell13,476$23.68$319,111.68View SEC Filing  
5/8/2013Fred BauerCEOSell418,632$24.52$10,264,856.64View SEC Filing  
5/8/2013Mark W NewtonSVPSell3,840$24.37$93,580.80View SEC Filing  
5/8/2013Paul V FlynnVPSell2,325$24.56$57,102.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gentex (NASDAQ:GNTX)
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Gentex (GNTX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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