B. Riley Weighs in on Gentex’s FY2025 Earnings (NASDAQ:GNTX)

Gentex Co. (NASDAQ:GNTX) – Analysts at B. Riley lowered their FY2025 earnings estimates for shares of Gentex in a research report issued to clients and investors on Monday, February 3rd. B. Riley analyst J. Nichols now anticipates that the auto parts company will earn $1.89 per share for the year, down from their previous forecast of $2.01. B. Riley currently has a “Buy” rating and a $32.50 target price on the stock. The consensus estimate for Gentex’s current full-year earnings is $2.10 per share. B. Riley also issued estimates for Gentex’s FY2026 earnings at $2.04 EPS.

Gentex (NASDAQ:GNTX) last posted 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 return on equity of 16.74% and a net margin of 17.49%. During the same quarter last year, the firm earned $0.50 EPS.

Several other research analysts have also weighed in on the stock. UBS Group lowered their target price on shares of Gentex from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Monday. Guggenheim reduced their price target on Gentex from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. JPMorgan Chase & Co. cut their price objective on shares of Gentex from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday. Robert W. Baird raised their price target on Gentex from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Finally, Bank of America reduced their target price on shares of Gentex from $39.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, October 14th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Gentex presently has a consensus rating of “Hold” and an average target price of $33.06.

Gentex Stock Down 1.0 %

GNTX stock opened at $25.04 on Wednesday. The business has a fifty day moving average of $28.61 and a two-hundred day moving average of $29.60. The stock has a market cap of $5.69 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 0.86 and a beta of 0.91. Gentex has a 52-week low of $24.57 and a 52-week high of $37.58.

Gentex Dividend Announcement

The business 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 1.92%. The ex-dividend date of this dividend was Wednesday, January 8th. Gentex’s dividend payout ratio is currently 27.27%.

Institutional Trading of Gentex

Hedge funds and other institutional investors have recently bought and sold shares of the company. Inceptionr LLC bought a new stake in shares of Gentex during the 4th quarter valued at about $1,134,000. Raymond James Financial Inc. acquired a new stake in Gentex in the fourth quarter worth about $24,479,000. Aigen Investment Management LP bought a new position in shares of Gentex in the fourth quarter valued at approximately $462,000. Proficio Capital Partners LLC acquired a new position in shares of Gentex during the 4th quarter valued at $892,000. Finally, Victory Capital Management Inc. raised its position in Gentex by 65.2% in the fourth quarter. Victory Capital Management Inc. now owns 73,936 shares of the auto parts company’s stock worth $2,124,000 after acquiring an additional 29,168 shares in the last quarter. 86.76% of the stock is owned by institutional investors.

Gentex Company Profile

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.