NASDAQ:GNTXGentex Stock Price, Forecast & News

$25.53

+0.23 (+0.91 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$25.14

Now: $25.53▼

$25.62

50-Day Range

$20.65

MA: $23.84▼

$26.02

52-Week Range

$19.48

Now: $25.53▼

$31.27

Volume1.09 million shs

Average Volume1.98 million shs

Market Capitalization$6.25 billion

P/E Ratio15.86

Dividend Yield1.88%

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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Gentex has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $30.40, Gentex has a potential upside of 19.1% from its current price of $25.53.
Amount of Analyst Coverage
Gentex has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Gentex has received 366 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gentex has received 438 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gentex has received 54.48% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Gentex is a leading dividend payer. It pays a dividend yield of 1.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gentex has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Gentex is 28.92 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Gentex will have a dividend payout ratio of 28.40 % next year. This indicates that Gentex will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gentex insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.37% of the stock of Gentex is held by insiders.
Percentage Held by Institutions
82.54% of the stock of Gentex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Gentex are expected to grow by 34.13% in the coming year, from $1.26 to $1.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gentex is 15.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gentex is 15.86, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 12.52.
Price to Earnings Growth Ratio
Gentex has a PEG Ratio of 5.03. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gentex has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.19 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Motor vehicle parts & accessories

Sub-IndustryAuto Parts & Equipment

SectorAuto/Tires/Trucks

Current SymbolNASDAQ:GNTX

Previous Symbol

CUSIP37190110

CIK355811

Webwww.gentex.com

Phone616-772-1800

Debt

Debt-to-Equity RatioN/A

Current Ratio3.45

Quick Ratio2.50

Price-To-Earnings

Trailing P/E Ratio15.86

Forward P/E Ratio20.26

P/E Growth5.03

Sales & Book Value

Annual Sales$1.86 billion

Price / Sales3.36

Cash Flow$2.09 per share

Price / Cash Flow12.20

Book Value$7.49 per share

Price / Book3.41

Profitability

EPS (Most Recent Fiscal Year)$1.66

Net Income$424.68 million

Net Margins22.23%

Return on Equity21.58%

Return on Assets18.98%

Miscellaneous

Employees5,874

Outstanding Shares244,870,000

Market Cap$6.25 billion

Next Earnings Date7/17/2020 (Estimated)

OptionableOptionable

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Gentex (NASDAQ:GNTX) Frequently Asked Questions

How has Gentex's stock been impacted by COVID-19 (Coronavirus)?

Gentex's stock was trading at $25.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GNTX stock has increased by 1.5% and is now trading at $25.53. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Gentex?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gentex in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Gentex.

When is Gentex's next earnings date?

Gentex is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for Gentex.

How were Gentex's earnings last quarter?

Gentex Co. (NASDAQ:GNTX) posted its earnings results on Friday, April, 24th. The auto parts company reported $0.36 EPS for the quarter, hitting the consensus estimate of $0.36. The auto parts company had revenue of $453.76 million for the quarter, compared to analysts' expectations of $430.65 million. Gentex had a net margin of 22.23% and a return on equity of 21.58%. The firm's revenue for the quarter was down 3.2% on a year-over-year basis. During the same period last year, the company earned $0.40 EPS. View Gentex's earnings history.

How often does Gentex pay dividends? What is the dividend yield for Gentex?

Gentex declared a quarterly dividend on Tuesday, March 10th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.12 per share on Wednesday, April 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Wednesday, April 8th. This is a boost from Gentex's previous quarterly dividend of $0.12. View Gentex's dividend history.

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

Shares of Gentex split before market open 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 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.

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

Gentex updated its FY 2020 Pre-Market earnings guidance on Friday, April, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.58-1.67 billion, compared to the consensus revenue estimate of $1.69 billion.

What price target have analysts set for GNTX?

6 Wall Street analysts have issued twelve-month price targets for Gentex's stock. Their forecasts range from $19.00 to $37.00. On average, they anticipate Gentex's share price to reach $30.40 in the next year. This suggests a possible upside of 19.1% from the stock's current price. View analysts' price targets for Gentex.

Has Gentex been receiving favorable news coverage?

Media coverage about GNTX stock has been trending extremely negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gentex earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutGentex.

Who are some of Gentex's key competitors?

Some companies that are related to Gentex include Aptiv (APTV), Lear (LEA), BorgWarner (BWA), Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Visteon (VC), Dana (DAN), Gentherm (THRM), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Tower International (TOWR), Spartan Motors (SPAR), Stoneridge (SRI) and Tenneco (TEN). View all 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), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Alibaba Group (BABA), CVS Health (CVS), Micron Technology (MU), Verizon Communications (VZ) and Activision Blizzard (ATVI).

Who are Gentex's key executives?

Gentex's management team includes the following 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)

What is Gentex's stock symbol?

Gentex trades on the NASDAQ under the ticker symbol "GNTX."

Who are Gentex's major shareholders?

Gentex's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.49%), State Street Corp (2.63%), Disciplined Growth Investors Inc. MN (2.17%), Maj Invest Holding A S (2.04%), Geode Capital Management LLC (1.68%) and Bank of New York Mellon Corp (1.54%). Company insiders that own Gentex stock include Gary F Goode, Jae Kim, James A Hollars, James H Wallace, John A Mulder, Kathleen Starkoff, Kevin C Nash, Matthew Chiodo, Neil Boehm, Richard O Schaum, Roger Perry Campbell, 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., State of Michigan Retirement System, Capital World Investors, Principal Financial Group Inc., Ensign Peak Advisors Inc, Invesco Ltd., UBS Group AG, and Morgan Stanley. 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, Roger Perry Campbell, Scott P Ryan, and Steven R Downing. View insider buying and selling activity for Gentex.

Which institutional investors are buying Gentex stock?

GNTX stock was acquired by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, TimesSquare Capital Management LLC, Schroder Investment Management Group, Robeco Institutional Asset Management B.V., Geode Capital Management LLC, AXA, Unigestion Holding SA, and AJO 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 activity 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 $25.53.

How big of a company is Gentex?

Gentex has a market capitalization of $6.25 billion and generates $1.86 billion in revenue each year. The auto parts company earns $424.68 million in net income (profit) each year or $1.66 on an earnings per share basis. Gentex employs 5,874 workers across the globe.

What is Gentex's official website?

The official website for Gentex is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff