Gentex (NASDAQ:GNTX) Issues Earnings Results, Misses Estimates By $0.10 EPS

Gentex (NASDAQ:GNTX) released its quarterly earnings data on Friday. The auto parts company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 in the prior year, the company posted $0.50 earnings per share. Gentex updated its FY 2025 guidance to EPS.

Gentex Price Performance

GNTX stock traded down $2.18 during trading on Friday, hitting $26.04. 2,959,133 shares of the company traded hands, compared to its average volume of 1,665,785. The stock’s 50-day simple moving average is $29.03 and its 200 day simple moving average is $29.88. The company has a market cap of $5.92 billion, a PE ratio of 13.95, a P/E/G ratio of 0.92 and a beta of 0.91. Gentex has a 1 year low of $25.10 and a 1 year high of $37.58.

Gentex Announces Dividend

The business also recently declared 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. This represents a $0.48 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend was Wednesday, January 8th. Gentex’s dividend payout ratio is currently 25.67%.

Analyst Upgrades and Downgrades

GNTX has been the topic of several research analyst reports. Robert W. Baird upped their price objective on Gentex from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, October 28th. 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 report on Monday, October 14th. Finally, Guggenheim dropped their price objective on Gentex from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price 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.