Price Target Analysis: Gentex Corp. (NASDAQ:GNTX)


Gentex Corp. (NASDAQ:GNTX) will report its next earnings on 20-Oct-16. The company reported the earnings of $0.3/Share in the last quarter where the estimated EPS by analysts was $0.29/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 3.4%.

Many analysts are providing their Estimated Earnings analysis for Gentex Corp. and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $0.3/share. These analysts have also projected a Low Estimate of $0.3/share and a High Estimate of $0.31/share.

In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for Gentex Corp. as 428.43 Million. According to these analysts, the Low Revenue Estimate for Gentex Corp. is 422.54 Million and the High Revenue Estimate is 434.7 Million. The company had Year Ago Sales of 289.83 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for GNTX to be 11.1%. They are projecting Next Quarter growth of 6.7%. For the next 5 years, Gentex Corp. is expecting Growth of 10.98% per annum, whereas in the past 5 years the growth was 19.38% per annum.

Some buy side analysts are also providing their Analysis on Gentex Corp., where 3 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 2 said it’s a HOLD, 1 reported it as Underperform and 1 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 6 Analysts reported that the Price Target for Gentex Corp. might touch $23 high while the Average Price Target and Low price Target is $17.33 and $11 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Gentex Corp. got Downgrade on 27-Jan-16 where investment firm Robert W. Baird Downgrade the stock from Outperform to Neutral.

Gentex Corp. closed its last trading session at $17.43 with the loss of -0.92%. The Market Capitalization of the company stands at 4.97 Billion. The Company has 52-week high of $18.3 and 52-week low of $12.93. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.55% where SMA50 and SMA200 are -2.12% and 8.86% respectively. The Company Touched its 52-Week High on Aug 15, 2016 and 52-Week Low on Jan 28, 2016.

The Relative Volume of the company is 0.73 and Average Volume (3 months) is 2.07 million. Gentex Corp. P/E (price to earnings) ratio is 15.18 and Forward P/E ratio of 13.22.

The company shows its Return on Assets (ROA) value of 15.4%. The Return on Equity (ROE) value stands at 19.3%. While it’s Return on Investment (ROI) value is 16%.

While looking at the Stock’s Performance, Gentex Corp. currently shows a Weekly Performance of -1.93%, where Monthly Performance is -0.46%, Quarterly performance is 7.22%, 6 Months performance is 8.72% and yearly performance percentage is 12.23%. Year to Date performance value (YTD perf) value is 10.27%. The Stock currently has a Weekly Volatility of 1.59% and Monthly Volatility of 1.47%.