Gentex (NASDAQ:GNTX) Posts Quarterly Earnings Results

Gentex (NASDAQ:GNTX) posted its quarterly earnings results on Friday. The auto parts company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.10), RTT News reports. Gentex had a return on equity of 18.25% and a net margin of 18.37%. During the same period last year, the business posted $0.50 EPS. Gentex updated its FY 2025 guidance to EPS.

Gentex Stock Down 8.2 %

GNTX stock opened at $25.92 on Friday. The company’s 50-day moving average price is $29.03 and its two-hundred day moving average price is $29.88. Gentex has a 12 month low of $25.10 and a 12 month high of $37.58. The firm has a market cap of $5.89 billion, a P/E ratio of 13.86, a P/E/G ratio of 0.92 and a beta of 0.91.

Gentex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 22nd. Investors of record on Wednesday, January 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.48 annualized dividend and a yield of 1.85%. Gentex’s dividend payout ratio is 25.67%.

Analyst Ratings Changes

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

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.