Gentex Corp

Gentex Corp Stock Forecast & Price Prediction

Live Gentex Corp Stock (GNTX) Price
$31.15

11

Ratings

  • Buy 6
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$31.15

P/E Ratio

16.48

Volume Traded Today

$1.5M

Dividend

$0.12

52 Week High/low

37.58/28.30

Gentex Corp Market Cap

$7.08B

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GNTX Summary

From what 11 stock analysts predict, the share price for Gentex Corp (GNTX) might increase by 11.83% in the next year. This is based on a 12-month average estimation for GNTX. Price targets go from $30 to $38.2. The majority of stock analysts believe GNTX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

GNTX Analyst Ratings

About 11 Wall Street analysts have assigned GNTX 6 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Gentex Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GNTX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

GNTX stock forecast by analyst

These are the latest 20 analyst ratings of GNTX.

Analyst/Firm

Rating

Price Target

Change

Date

Ronald Jewsikow
Guggenheim

Buy

$34

Maintains

Nov 21, 2024
David Leiker
Baird

Outperform

$37

Maintains

Oct 28, 2024
John Murphy
B of A Securities

Neutral

$35

Maintains

Oct 14, 2024
Mark Delaney
Goldman Sachs

Neutral

$31

Maintains

Oct 1, 2024
Joseph Spak
UBS

Neutral

$34

Initiates

Sep 4, 2024
Josh Nichols
B. Riley Securities

Buy

$41

Maintains

Jul 29, 2024
David Leiker
Baird

Outperform

$38

Maintains

Jul 29, 2024
Ryan Brinkman
JP Morgan

Neutral

$35

Maintains

Jul 22, 2024
David Leiker
Baird

Outperform

$40

Maintains

Jul 12, 2024
Ronald Jewsikow
Guggenheim

Buy

$41

Maintains

Apr 17, 2024
Josh Nichols
B. Riley Securities

Buy

$44

Maintains

Mar 20, 2024
Ronald Jewsikow
Guggenheim

Buy

$40

Maintains

Mar 19, 2024
Mark Delaney
Goldman Sachs

Neutral

$35

Maintains

Jan 29, 2024
Josh Nichols
B. Riley Securities

Buy

$42

Maintains

Jan 29, 2024
Ryan Brinkman
JP Morgan

Neutral

$37

Maintains

Jan 25, 2024
Josh Nichols
B. Riley Securities

Buy

$40

Maintains

Jul 31, 2023
David Leiker
Baird

Outperform

$37

Maintains

Jul 31, 2023
Mark Delaney
Goldman Sachs

Neutral

$33

Maintains

Jul 31, 2023
Ryan Brinkman
JP Morgan

Neutral

$30

Maintains

Jul 20, 2023
Josh Nichols
B. Riley Securities

Buy

$35

Reinstates

Jul 19, 2023

GNTX Company Information

What They Do: Manufactures automotive and fire protection products.

Business Model: Gentex Corporation generates revenue primarily through the design and manufacturing of automotive products, such as automatic-dimming mirrors and automotive electronics, targeting original equipment manufacturers and aftermarket customers. Additionally, it offers fire protection products, including smoke detectors and alarms, selling directly to distributors and manufacturers in the fire protection sector.

Other Information: Founded in 1974 and headquartered in Zeeland, Michigan, Gentex operates globally with a presence in key markets such as the United States, Germany, Japan, and Mexico. The company also invests in research and development of advanced technologies, including nanofiber chemical sensing products.
GNTX
Gentex Corp (GNTX)

When did it IPO

1990

Staff Count

6,245

Country

United States

Sector/Industry

Consumer Cyclical/Auto Parts

CEO

Mr. Steven R. Downing

Market Cap

$7.08B

Gentex Corp (GNTX) Financial Data

In 2023, GNTX generated $2.30B in revenue, which was a increase of 19.82% from the previous year. This can be seen as a signal that GNTX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.69B

Revenue From 2021

$1.73B

2.55 %
From Previous Year

Revenue From 2022

$1.92B

10.85 %
From Previous Year

Revenue From 2023

$2.30B

19.82 %
From Previous Year
  • Revenue TTM $2.36B
  • Operating Margin TTM 20.7%
  • Gross profit TTM $762.6M
  • Return on assets TTM 11.9%
  • Return on equity TTM 18.5%
  • Profit Margin 18.4%
  • Book Value Per Share 10.63%
  • Market capitalisation $7.08B
  • Revenue for 2021 $1.73B
  • Revenue for 2022 $1.92B
  • Revenue for 2023 $2.30B
  • EPS this year (TTM) $1.89

Gentex Corp (GNTX) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - PhotoniCare Inc. has raised $4.6 million in Series B financing and partnered with Gentex Corporation for its FDA-cleared OtoSightโ„ข Middle Ear Scope. The company has relocated its headquarters to Grand Rapids, MI.

Why It Matters - PhotoniCare's $4.6 million funding, manufacturing partnership, and headquarters relocation signal growth potential, innovation in healthcare, and strategic positioning, which could enhance investor confidence and stock value.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Gentex Corporation (NASDAQ: GNTX) declared a quarterly cash dividend of $0.12 per share, payable on January 22, 2025, to shareholders of record as of January 8, 2025.

Why It Matters - Gentex Corporation's dividend announcement signals financial stability and commitment to returning value to shareholders, potentially attracting income-focused investors and boosting stock demand.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Gentex Corporation has received an Other Transaction Agreement from the U.S. Navy for the Next Generation Fixed Wing Helmet program, enhancing its role in military protection solutions.

Why It Matters - Gentex's OTA with the U.S. Navy for the NGFWH program enhances its market position, indicating potential revenue growth and increased demand for its defense technologies.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Gentex Corporation (NASDAQ: GNTX) is showcasing new custom vehicle builds at the SEMA Show in Las Vegas, highlighting its automotive technology portfolio, including connectivity and dimmable glass products.

Why It Matters - Gentex Corporation's showcase at the SEMA Show highlights its innovation in automotive technology, potentially boosting its market position and attracting investor interest.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Gentex Corporation has secured a contract with the U.S. Air Force to develop and supply over 13,000 Block III Night Spectacles for aircrew laser protection.

Why It Matters - Gentex's contract with the U.S. Air Force for laser protective eyewear signals strong demand for its products, potentially boosting revenue and investor confidence in the company's growth prospects.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - GNTX reported mixed Q3 results and revised its 2024 net sales forecast to $2.35-$2.40 billion, down from $2.40-$2.50 billion.

Why It Matters - GNTX's lowered sales guidance signals potential revenue challenges, impacting investor confidence and possibly affecting stock performance. Mixed results may raise concerns about future growth.

...

GNTX Frequently asked questions

The highest forecasted price for GNTX is $38.2 from at .

The lowest forecasted price for GNTX is $30 from Garrett Nelson from CFRA

The GNTX analyst ratings consensus are 6 buy ratings, 5 hold ratings, and 0 sell ratings.