Gentex (GNTX) to Release Quarterly Earnings on Friday

Gentex (NASDAQ:GNTX) will likely be releasing its earnings data before the market opens on Friday, January 31st. Analysts expect Gentex to post earnings of $0.49 per share and revenue of $599.85 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Gentex Stock Performance

Shares of Gentex stock opened at $27.92 on Wednesday. The company has a market cap of $6.35 billion, a P/E ratio of 14.93, a PEG ratio of 0.87 and a beta of 0.91. Gentex has a one year low of $26.58 and a one year high of $37.58. The firm has a fifty day moving average of $29.11 and a two-hundred day moving average of $29.95.

Gentex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th were issued a $0.12 dividend. The ex-dividend date was Wednesday, January 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.72%. Gentex’s dividend payout ratio is presently 25.67%.

Wall Street Analyst Weigh In

GNTX has been the subject of a number of research analyst reports. Robert W. Baird increased their price target on shares of Gentex from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Guggenheim cut their price target on shares of Gentex from $35.00 to $34.00 and set a “buy” rating for the company in a report on Thursday, November 21st. Bank of America cut their price target on shares of Gentex from $39.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, October 14th. Finally, The Goldman Sachs Group cut their price target on shares of Gentex from $33.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, October 1st. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $35.13.

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.