Zacks Research Brokers Lower Earnings Estimates for Gentex

Gentex Co. (NASDAQ:GNTX) – Equities research analysts at Zacks Research lowered their FY2026 earnings estimates for shares of Gentex in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the auto parts company will post earnings per share of $2.29 for the year, down from their prior estimate of $2.30. The consensus estimate for Gentex’s current full-year earnings is $1.86 per share.

Several other research analysts also recently issued reports on GNTX. Bank of America lowered 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. Robert W. Baird increased their target price on Gentex from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. Guggenheim lowered their price objective on Gentex from $35.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. UBS Group assumed coverage on shares of Gentex in a research report on Wednesday, September 4th. They set a “neutral” rating and a $34.00 target price on the stock. Finally, The Goldman Sachs Group reduced their target price on shares of Gentex from $33.00 to $31.00 and set a “neutral” rating on the stock 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’s stock. According to MarketBeat.com, Gentex has an average rating of “Hold” and a consensus target price of $35.13.

Gentex Price Performance

GNTX stock opened at $29.13 on Thursday. Gentex has a 1 year low of $28.30 and a 1 year high of $37.58. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 1.09 and a beta of 0.91. The company has a 50 day simple moving average of $30.19 and a 200 day simple moving average of $31.09.

Institutional Trading of Gentex

A number of institutional investors have recently bought and sold shares of the company. Quest Partners LLC acquired a new position in shares of Gentex in the 2nd quarter valued at about $31,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Gentex by 173.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,341 shares of the auto parts company’s stock worth $42,000 after buying an additional 850 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Gentex by 227.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,826 shares of the auto parts company’s stock worth $54,000 after buying an additional 1,269 shares during the period. HHM Wealth Advisors LLC bought a new stake in shares of Gentex in the 2nd quarter valued at $67,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Gentex in the 3rd quarter valued at $125,000. Institutional investors own 86.76% of the company’s stock.

Gentex Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, January 8th. Gentex’s dividend payout ratio (DPR) is presently 25.67%.

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.