Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Gentex Corp Market Cap
From what 11 stock analysts predict, the share price for Gentex Corp (GNTX) might increase by 25.66% in the next year. This is based on a 12-month average estimation for GNTX. Price targets go from $31 to $41. The majority of stock analysts believe GNTX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned GNTX 5 buy ratings, 4 hold ratings, and 2 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.
These are the latest 20 analyst ratings of GNTX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| 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 |
| David Leiker Baird | Outperform | $37 | Maintains | Jul 31, 2023 |
| Mark Delaney Goldman Sachs | Neutral | $33 | Maintains | Jul 31, 2023 |
| Josh Nichols B. Riley Securities | Buy | $40 | 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 |
| John Murphy B of A Securities | Neutral | $33 | Upgrade | Jul 6, 2023 |
| Mark Delaney Goldman Sachs | Neutral | $26 | Upgrade | Dec 14, 2022 |
| Josh Nichols B. Riley Securities | Buy | $35 | Maintains | Jul 25, 2022 |
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
$6.65B
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Solace Power Inc. has appointed Neil Desai as Chair of its Board of Directors, effective immediately, enhancing its leadership in wireless power technology.
Why It Matters - Neil Desai's appointment as Chair of Solace Power's Board may signal strategic changes or enhancements in leadership, potentially impacting the company's direction and investor confidence.
Fri, 30 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Gentex Corporation (NASDAQ: GNTX) declared a quarterly cash dividend of $0.12 per share, payable on October 23, 2024, to shareholders of record on October 9, 2024.
Why It Matters - Gentex Corporation's declaration of a quarterly dividend signals financial stability and commitment to returning value to shareholders, which may enhance investor confidence and stock attractiveness.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Investors in the Automotive - Original Equipment sector may consider Driven Brands Holdings Inc. (DRVN) and Gentex (GNTX) as potential value opportunities.
Why It Matters - The mention of Driven Brands Holdings Inc. and Gentex highlights potential investment opportunities in the automotive sector, prompting analysis of their relative value and growth prospects.
Wed, 31 Jul 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Gentex (GNTX) reported lower-than-expected Q2 results and revised 2024 net sales guidance to $2.40-$2.50 billion, down from $2.45-$2.55 billion.
Why It Matters - Gentex's lower Q2 results and revised 2024 sales forecast may indicate waning demand or operational challenges, potentially impacting stock performance and investor confidence.
Fri, 26 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Gentex Corporation (NASDAQ:GNTX) will hold its Q2 2024 earnings conference call on July 26, 2024, at 9:30 AM ET, featuring key executives and financial analysts from major firms.
Why It Matters - The Gentex Q2 2024 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Fri, 26 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Gentex Corporation (NASDAQ: GNTX) reported its financial results for Q2 and the first half of 2024, focusing on its digital vision and automotive technology sectors.
Why It Matters - Gentex Corporation's financial results may indicate growth or challenges in key sectors, impacting stock performance and investor confidence in the company’s future prospects.
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