Gentex Co. (NASDAQ:GNTX – Free Report) – Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Gentex in a report released on Wednesday, February 19th. Zacks Research analyst R. Department now expects that the auto parts company will post earnings of $0.46 per share for the quarter, down from their prior estimate of $0.50. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.52 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.56 EPS and FY2027 earnings at $2.15 EPS.
Other equities research analysts also recently issued reports about the company. UBS Group decreased their price objective on Gentex from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their target price on Gentex from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Guggenheim reduced their target price on Gentex from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Thursday, November 21st. B. Riley reissued a “buy” rating and issued a $32.50 target price (down from $37.00) on shares of Gentex in a report on Monday, February 3rd. Finally, Robert W. Baird set a $31.00 target price on Gentex in a report on Monday, February 3rd. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $32.31.
Gentex Trading Down 0.9 %
NASDAQ GNTX opened at $24.37 on Friday. The stock’s 50 day moving average is $27.21 and its two-hundred day moving average is $29.04. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 0.84 and a beta of 0.91. Gentex has a 1-year low of $24.20 and a 1-year high of $37.58.
Gentex (NASDAQ:GNTX – Get Free Report) last released its quarterly earnings data on Friday, January 31st. The auto parts company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.10). Gentex had a net margin of 17.49% and a return on equity of 16.74%. During the same period last year, the company earned $0.50 EPS.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Gentex by 6.1% during the 4th quarter. Wellington Management Group LLP now owns 18,023,056 shares of the auto parts company’s stock worth $517,802,000 after buying an additional 1,038,912 shares in the last quarter. EdgePoint Investment Group Inc. raised its position in shares of Gentex by 1.5% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 7,699,919 shares of the auto parts company’s stock valued at $228,611,000 after acquiring an additional 111,500 shares during the last quarter. Burgundy Asset Management Ltd. raised its position in shares of Gentex by 1.6% during the 4th quarter. Burgundy Asset Management Ltd. now owns 5,516,817 shares of the auto parts company’s stock valued at $158,498,000 after acquiring an additional 86,929 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Gentex by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 5,423,820 shares of the auto parts company’s stock valued at $155,861,000 after acquiring an additional 55,816 shares during the last quarter. Finally, TD Asset Management Inc. raised its position in shares of Gentex by 7.1% during the 4th quarter. TD Asset Management Inc. now owns 5,415,871 shares of the auto parts company’s stock valued at $155,598,000 after acquiring an additional 356,854 shares during the last quarter. Institutional investors and hedge funds own 86.76% of the company’s stock.
Gentex Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 22nd. Shareholders of record on Wednesday, January 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend was Wednesday, January 8th. Gentex’s dividend payout ratio is 27.27%.
About Gentex
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers 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, automotive suppliers, and various aftermarket and accessory customers.
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