Gentex (NASDAQ:GNTX) will announce its earnings results before the market opens on Friday, July 19th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Gentex (NASDAQ:GNTX) last issued its earnings results on Wednesday, April 24th. The auto parts company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.01. The firm had revenue of $468.60 million for the quarter, compared to analyst estimates of $463.79 million. Gentex had a return on equity of 23.03% and a net margin of 23.45%. The business’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 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.
Shares of GNTX opened at $23.53 on Friday. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 2.47 and a beta of 1.21. The company has a fifty day moving average price of $23.43. Gentex has a 1 year low of $17.80 and a 1 year high of $25.00.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Wednesday, July 10th will be paid a $0.115 dividend. The ex-dividend date is Tuesday, July 9th. This represents a $0.46 annualized dividend and a dividend yield of 1.95%. Gentex’s payout ratio is presently 28.40%.
In other news, Director Gary F. Goode sold 5,045 shares of Gentex stock in a transaction on Monday, April 29th. The stock was sold at an average price of $23.20, for a total value of $117,044.00. Following the completion of the transaction, the director now directly owns 21,045 shares in the company, valued at $488,244. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.37% of the stock is currently owned by insiders.
Several analysts have issued reports on GNTX shares. BidaskClub lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research upgraded Eutelsat Communications from a “hold” rating to a “strong-buy” rating and set a $21.00 target price on the stock in a research note on Wednesday, June 12th. Longbow Research restated a “hold” rating on shares of Cooper Tire & Rubber in a research note on Sunday, July 7th. Finally, BMO Capital Markets restated a “hold” rating on shares of First Majestic Silver in a research note on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $22.28.
Gentex Corporation provides digital vision, connected car, dimmable glass, and fire protection products worldwide. It designs, develops, manufactures, and markets 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, tier one automotive mirror manufacturers, and various aftermarket and accessory customers.
See Also: Market Perform
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.