Gentex (GNTX) Projected to Post Quarterly Earnings on Friday

Gentex (NASDAQ:GNTX) is expected to release 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

Gentex Price Performance

Shares of GNTX opened at $27.83 on Thursday. Gentex has a 1 year low of $26.58 and a 1 year high of $37.58. The stock has a 50 day simple moving average of $29.09 and a two-hundred day simple moving average of $29.90. The firm has a market cap of $6.33 billion, a P/E ratio of 14.88, a P/E/G ratio of 0.87 and a beta of 0.91.

Gentex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Wednesday, January 8th were paid 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 (DPR) is 25.67%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GNTX. Guggenheim lowered their price target on shares of Gentex from $35.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Bank of America decreased their price objective on Gentex from $39.00 to $35.00 and set a “neutral” rating on the stock in a report on Monday, October 14th. Finally, Robert W. Baird increased their target price on Gentex from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Gentex currently has a consensus rating of “Hold” and an average price target of $35.13.

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.