Zacks Research Has Bearish Estimate for Gentex Q3 Earnings

Gentex Corporation (NASDAQ:GNTX) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings estimates for shares of Gentex in a report issued on Monday, September 22nd. Zacks Research analyst Team now forecasts that the auto parts company will post earnings of $0.52 per share for the quarter, down from their previous estimate of $0.54. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.96 EPS, Q1 2027 earnings at $0.54 EPS, Q2 2027 earnings at $0.55 EPS and FY2027 earnings at $2.16 EPS.

Gentex (NASDAQ:GNTX) last released its quarterly earnings data on Friday, July 25th. The auto parts company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.08. Gentex had a net margin of 16.82% and a return on equity of 16.86%. The firm had revenue of $657.86 million for the quarter, compared to analyst estimates of $591.94 million. During the same quarter in the prior year, the business earned $0.37 earnings per share. Gentex’s quarterly revenue was up 14.8% on a year-over-year basis. Gentex has set its FY 2025 guidance at EPS.

A number of other research analysts also recently commented on GNTX. B. Riley upped their price objective on Gentex from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Industrial Alliance Securities set a $25.00 price target on shares of Gentex in a report on Friday, July 11th. Robert W. Baird upped their price target on shares of Gentex from $26.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Gentex in a report on Friday, July 11th. Finally, UBS Group boosted their target price on shares of Gentex from $23.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Two analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $28.63.

Gentex Trading Down 0.4%

Shares of Gentex stock opened at $28.29 on Wednesday. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of 15.98 and a beta of 0.85. Gentex has a twelve month low of $20.28 and a twelve month high of $31.72. The business’s 50 day simple moving average is $27.23 and its 200-day simple moving average is $24.06.

Institutional Trading of Gentex

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Gentex by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,581,938 shares of the auto parts company’s stock valued at $526,159,000 after acquiring an additional 886,785 shares in the last quarter. Burgundy Asset Management Ltd. lifted its position in Gentex by 3.1% in the second quarter. Burgundy Asset Management Ltd. now owns 7,964,555 shares of the auto parts company’s stock worth $175,141,000 after purchasing an additional 236,346 shares during the period. JPMorgan Chase & Co. boosted its stake in Gentex by 46.2% during the 1st quarter. JPMorgan Chase & Co. now owns 7,673,701 shares of the auto parts company’s stock valued at $178,797,000 after purchasing an additional 2,424,471 shares in the last quarter. State Street Corp boosted its stake in Gentex by 1.0% during the 2nd quarter. State Street Corp now owns 7,439,333 shares of the auto parts company’s stock valued at $163,591,000 after purchasing an additional 74,779 shares in the last quarter. Finally, Ariel Investments LLC increased its position in shares of Gentex by 3.9% during the 2nd quarter. Ariel Investments LLC now owns 7,359,272 shares of the auto parts company’s stock valued at $161,830,000 after purchasing an additional 277,217 shares during the period. 86.76% of the stock is currently owned by institutional investors.

Gentex Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Wednesday, October 8th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Wednesday, October 8th. Gentex’s dividend payout ratio is currently 27.12%.

Gentex announced that its board has approved a share buyback program on Wednesday, July 16th that permits the company to repurchase 40,000,000 outstanding shares. This repurchase authorization permits the auto parts company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

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.