Gentex (GNTX) Projected to Post Quarterly Earnings on Friday

Gentex (NASDAQ:GNTX) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $591.94 million for the quarter. Gentex has set its FY 2025 guidance at EPS.

Gentex (NASDAQ:GNTX) last posted its quarterly earnings data on Friday, April 25th. The auto parts company reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.43. The company had revenue of $576.77 million for the quarter, compared to the consensus estimate of $578.68 million. Gentex had a return on equity of 16.11% and a net margin of 17.01%. Gentex’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.47 EPS. On average, analysts expect Gentex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gentex Price Performance

Shares of GNTX stock opened at $23.86 on Thursday. The firm has a market cap of $5.36 billion, a P/E ratio of 13.95 and a beta of 0.81. The firm has a fifty day moving average of $22.27 and a two-hundred day moving average of $23.54. Gentex has a 1-year low of $20.28 and a 1-year high of $33.43.

Gentex declared that its Board of Directors has approved a share repurchase plan on Wednesday, July 16th that allows the company to buyback 40,000,000 outstanding shares. This buyback authorization allows the auto parts company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Gentex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 9th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Wednesday, July 9th. Gentex’s dividend payout ratio (DPR) is 28.07%.

Insider Activity at Gentex

In other news, Director Joseph B. Anderson, Jr. sold 3,764 shares of the business’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $22.87, for a total value of $86,082.68. Following the completion of the transaction, the director directly owned 5,939 shares in the company, valued at approximately $135,824.93. The trade was a 38.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On Gentex

Several large investors have recently modified their holdings of GNTX. Goldman Sachs Group Inc. lifted its holdings in Gentex by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,321,634 shares of the auto parts company’s stock valued at $30,794,000 after buying an additional 23,454 shares during the period. Royal Bank of Canada raised its position in shares of Gentex by 33.1% in the 1st quarter. Royal Bank of Canada now owns 189,561 shares of the auto parts company’s stock worth $4,418,000 after acquiring an additional 47,150 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Gentex by 255.6% in the 1st quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company’s stock valued at $1,891,000 after purchasing an additional 58,323 shares during the period. Institutional investors own 86.76% of the company’s stock.

Analysts Set New Price Targets

GNTX has been the subject of several recent analyst reports. Industrial Alliance Securities set a $25.00 target price on shares of Gentex in a report on Friday, July 11th. Robert W. Baird raised their price objective on shares of Gentex from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, July 11th. Baird R W cut shares of Gentex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th. The Goldman Sachs Group restated a “neutral” rating on shares of Gentex in a report on Friday, July 11th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $23.00 target price (up previously from $21.00) on shares of Gentex in a research report on Monday, July 14th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $28.28.

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.