Gentex (GNTX) Projected to Post Earnings on Friday

Gentex (NASDAQ:GNTX) is projected to release its Q2 2025 earnings data before the market opens on Friday, July 25th. Analysts expect Gentex to post earnings of $0.40 per share and revenue of $591.94 million for the quarter. Gentex has set its FY 2025 guidance at EPS.

Gentex (NASDAQ:GNTX) last issued its quarterly earnings results on Friday, April 25th. The auto parts company reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates of $0.43. The company had revenue of $576.77 million during the quarter, compared to the consensus estimate of $578.68 million. Gentex had a return on equity of 16.11% and a net margin of 17.01%. Gentex’s revenue was down 2.3% on a year-over-year basis. During the same period last year, the business posted $0.47 earnings per share. On average, analysts expect Gentex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gentex Trading Down 0.3%

Shares of GNTX opened at $23.13 on Friday. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 1.17 and a beta of 0.81. The stock has a 50 day moving average of $22.23 and a 200 day moving average of $23.68. Gentex has a 12 month low of $20.28 and a 12 month high of $35.23.

Gentex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Investors of record on Wednesday, July 9th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Wednesday, July 9th. Gentex’s payout ratio is 28.07%.

Gentex announced that its Board of Directors has approved a share buyback plan on Wednesday, July 16th that allows the company to buyback 40,000,000 shares. This buyback authorization allows the auto parts company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Insider Transactions at Gentex

In other news, Director Joseph B. Anderson, Jr. sold 3,764 shares of Gentex stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $22.87, for a total value of $86,082.68. Following the transaction, the director owned 5,939 shares in the company, valued at approximately $135,824.93. The trade was a 38.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.45% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GNTX. Empowered Funds LLC increased its holdings in shares of Gentex by 255.6% in the first quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company’s stock worth $1,891,000 after buying an additional 58,323 shares during the period. Royal Bank of Canada increased its holdings in shares of Gentex by 33.1% in the first quarter. Royal Bank of Canada now owns 189,561 shares of the auto parts company’s stock worth $4,418,000 after buying an additional 47,150 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Gentex by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,321,634 shares of the auto parts company’s stock worth $30,794,000 after buying an additional 23,454 shares during the period. Hedge funds and other institutional investors own 86.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on GNTX. UBS Group reissued a “neutral” rating and issued a $23.00 target price (up from $21.00) on shares of Gentex in a research report on Monday. The Goldman Sachs Group reissued a “neutral” rating on shares of Gentex in a research report on Friday, July 11th. Guggenheim decreased their target price on Gentex from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Industrial Alliance Securities set a $25.00 target price on Gentex in a research report on Friday, July 11th. Finally, Baird R W lowered Gentex from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $28.28.

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.