Zacks Research Brokers Reduce Earnings Estimates for Gentex

Gentex Co. (NASDAQ:GNTX) – Zacks Research dropped their Q1 2025 EPS estimates for Gentex in a report released on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the auto parts company will post earnings of $0.45 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s FY2025 earnings at $1.89 EPS, Q1 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.50 EPS, FY2026 earnings at $2.08 EPS and FY2027 earnings at $2.13 EPS.

Other research analysts have also recently issued reports about the stock. Robert W. Baird set a $31.00 target price on shares of Gentex in a research note on Monday, February 3rd. B. Riley reiterated a “buy” rating and issued a $32.50 target price (down from $37.00) on shares of Gentex in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their target price on shares of Gentex from $34.00 to $32.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. UBS Group dropped their target price on shares of Gentex from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd. Finally, 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 note on Thursday, November 21st. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $32.31.

Gentex Stock Performance

Gentex stock opened at $24.52 on Wednesday. The stock has a market cap of $5.58 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 0.84 and a beta of 0.91. Gentex has a fifty-two week low of $24.10 and a fifty-two week high of $37.58. The firm’s 50-day simple moving average is $26.90 and its 200 day simple moving average is $28.96.

Gentex (NASDAQ:GNTX) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.10). Gentex had a return on equity of 16.74% and a net margin of 17.49%. During the same quarter in the previous year, the firm earned $0.50 EPS.

Hedge Funds Weigh In On Gentex

A number of institutional investors have recently made changes to their positions in GNTX. Midwest Capital Advisors LLC bought a new position in shares of Gentex in the 4th quarter worth $26,000. TD Private Client Wealth LLC increased its holdings in shares of Gentex by 138.8% in the 4th quarter. TD Private Client Wealth LLC now owns 1,139 shares of the auto parts company’s stock worth $33,000 after buying an additional 662 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of Gentex in the 4th quarter worth $34,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Gentex by 32.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,419 shares of the auto parts company’s stock worth $70,000 after buying an additional 593 shares during the last quarter. Finally, LRI Investments LLC increased its holdings in shares of Gentex by 33.2% in the 4th quarter. LRI Investments LLC now owns 2,750 shares of the auto parts company’s stock worth $79,000 after buying an additional 686 shares during the last quarter. Institutional investors own 86.76% of the company’s stock.

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.