Gentex Corp. (GNTX) to Release Quarterly Earnings on Tuesday
Gentex Corp. (NASDAQ:GNTX) is scheduled to be issuing its Q313 quarterly earnings data on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.32 per share and revenue of $277.24 million for the quarter.
Gentex Corp. (NASDAQ:GNTX) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.04. The company had revenue of $287.00 million for the quarter, compared to the consensus estimate of $274.52 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, analysts expect Gentex Corp. to post $1.35 EPS for the current fiscal year and $1.47 EPS for the next fiscal year.
Shares of Gentex Corp. (NASDAQ:GNTX) opened at 26.66 on Monday. Gentex Corp. has a 52-week low of $15.25 and a 52-week high of $26.69. The stock’s 50-day moving average is $25.24 and its 200-day moving average is $23.41. The company has a market cap of $3.846 billion and a price-to-earnings ratio of 21.33.
Several analysts have recently commented on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Gentex Corp. from a “hold” rating to a “sell” rating in a research note to investors on Monday, October 14th. Finally, analysts at Zacks upgraded shares of Gentex Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, July 26th. They now have a $25.80 price target on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Gentex Corp. currently has an average rating of “Hold” and an average target price of $23.97.
Gentex Corporation is a supplier of automatic-dimming (NASDAQ:GNTX) rear-view mirrors and camera-based lighting-assist features to the global automotive industry.
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