Zacks Research Has Negative Outlook for Gentex Q1 Earnings

Gentex Co. (NASDAQ:GNTX) – Analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for Gentex in a research report issued to clients and investors on Thursday, March 27th. Zacks Research analyst R. Department now expects that the auto parts company will post earnings per share of $0.43 for the quarter, down from their previous estimate of $0.45. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s Q1 2026 earnings at $0.50 EPS.

Other research analysts also recently issued reports about the stock. Robert W. Baird set a $31.00 price objective on shares of Gentex in a research report on Monday, February 3rd. UBS Group lowered their price target on Gentex from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Guggenheim set a $30.00 price objective on Gentex in a research note on Wednesday, March 5th. B. Riley reaffirmed a “buy” rating and set a $32.50 price objective (down from $37.00) on shares of Gentex in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their target price on Gentex from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Gentex presently has an average rating of “Hold” and an average price target of $31.81.

Gentex Trading Up 0.7 %

Shares of GNTX opened at $23.46 on Monday. The company’s 50 day simple moving average is $25.01 and its 200-day simple moving average is $27.97. The firm has a market cap of $5.33 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.84 and a beta of 0.90. Gentex has a 12-month low of $22.87 and a 12-month high of $36.46.

Gentex (NASDAQ:GNTX) last announced its earnings results on Friday, January 31st. The auto parts company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.10). Gentex had a net margin of 17.49% and a return on equity of 16.74%. During the same period last year, the firm earned $0.50 earnings per share.

Gentex Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.05%. The ex-dividend date is Wednesday, April 9th. Gentex’s payout ratio is 27.27%.

Institutional Trading of Gentex

Hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its position in Gentex by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,554,823 shares of the auto parts company’s stock worth $46,163,000 after acquiring an additional 6,106 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Gentex by 26.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 51,393 shares of the auto parts company’s stock worth $1,526,000 after purchasing an additional 10,658 shares during the period. Northwest & Ethical Investments L.P. increased its holdings in shares of Gentex by 42.7% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 14,779 shares of the auto parts company’s stock valued at $439,000 after purchasing an additional 4,424 shares in the last quarter. Verition Fund Management LLC acquired a new stake in shares of Gentex in the third quarter valued at about $366,000. Finally, Kestra Investment Management LLC grew its position in Gentex by 8.3% during the third quarter. Kestra Investment Management LLC now owns 43,568 shares of the auto parts company’s stock worth $1,294,000 after buying an additional 3,353 shares during the period. 86.76% of the stock is owned by institutional investors and hedge funds.

About Gentex

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.