Gentex (GNTX) to Release Earnings on Friday

Gentex (NASDAQ:GNTX) is expected to issue its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $0.49 per share and revenue of $599.85 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Gentex Stock Down 0.3 %

Shares of GNTX stock opened at $27.83 on Thursday. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 14.88, a P/E/G ratio of 0.87 and a beta of 0.91. Gentex has a 12-month low of $26.58 and a 12-month high of $37.58. The firm has a fifty day moving average of $29.09 and a 200-day moving average of $29.90.

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 given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Wednesday, January 8th. Gentex’s dividend payout ratio is presently 25.67%.

Wall Street Analyst Weigh In

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