Gentex (NASDAQ:GNTX – Get Free Report) announced its quarterly earnings results on Friday. The auto parts company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08, FiscalAI reports. Gentex had a return on equity of 16.27% and a net margin of 14.75%.The business had revenue of $651.30 million for the quarter, compared to analysts’ expectations of $669.65 million. During the same period in the previous year, the firm earned $0.43 EPS. The business’s quarterly revenue was down 1.0% on a year-over-year basis.
Here are the key takeaways from Gentex’s conference call:
- Gentex reported record second-quarter EPS of $0.54, up 26% year over year, even though revenue came in below forecast. Higher gross margin and tight expense control helped drive the earnings beat.
- Gross margin improved to 37% from 34.2% last year, aided by about $18 million of IEEPA tariff reimbursements and favorable product mix. Management also raised full-year gross margin guidance to 34.5% to 35.5%.
- Automotive revenue declined as base mirror shipments and China sales stayed weak, with China expected to end 2026 around $100 million and remain in decline next year. Management said Europe is also pressured by lost programs and softer customer volumes.
- Non-automotive businesses continued to diversify the portfolio, led by premium audio revenue up 16% and other products up 12%. Gentex said non-automotive revenue now represents about 14% of total sales.
- The company highlighted strong product-launch momentum, including Full Display Mirror, driver and in-cabin monitoring systems, and advanced mirror features. Management also said it is progressing with a Morocco plant for European customers and expects to announce its first advanced electronics manufacturing award by next quarter.
Gentex Stock Performance
GNTX opened at $22.90 on Friday. Gentex has a 52-week low of $20.48 and a 52-week high of $29.38. The stock has a market capitalization of $4.88 billion, a PE ratio of 12.12 and a beta of 0.78. The stock’s 50 day moving average price is $24.49 and its 200-day moving average price is $23.53.
Gentex Announces Dividend
Analyst Upgrades and Downgrades
GNTX has been the topic of several recent analyst reports. UBS Group restated a “neutral” rating and issued a $25.00 target price (down from $26.00) on shares of Gentex in a report on Thursday, July 9th. Robert W. Baird upped their price target on shares of Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Weiss Ratings raised shares of Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. raised their price target on shares of Gentex from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Wall Street Zen cut shares of Gentex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Gentex has a consensus rating of “Hold” and an average price target of $27.00.
View Our Latest Report on Gentex
Insider Buying and Selling
In related news, Director Richard O. Schaum sold 4,815 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $23.31, for a total value of $112,237.65. Following the completion of the sale, the director owned 81,443 shares of the company’s stock, valued at $1,898,436.33. This trade represents a 5.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joseph B. Anderson, Jr. sold 5,939 shares of Gentex stock in a transaction on Friday, May 15th. The shares were sold at an average price of $22.98, for a total transaction of $136,478.22. The disclosure for this sale is available in the SEC filing. Insiders sold 16,693 shares of company stock valued at $385,194 over the last quarter. 0.55% of the stock is owned by company insiders.
Institutional Investors Weigh In On Gentex
Large investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in Gentex by 33.1% in the first quarter. Royal Bank of Canada now owns 189,561 shares of the auto parts company’s stock worth $4,418,000 after buying an additional 47,150 shares during the period. Goldman Sachs Group Inc. grew its stake 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 worth $30,794,000 after purchasing an additional 23,454 shares during the period. Empowered Funds LLC grew its stake in Gentex by 255.6% in the first quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company’s stock worth $1,891,000 after purchasing an additional 58,323 shares during the period. Invesco Ltd. raised its holdings in Gentex by 8.0% in the second quarter. Invesco Ltd. now owns 813,163 shares of the auto parts company’s stock worth $17,881,000 after purchasing an additional 60,127 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Gentex by 2,038.4% in the second quarter. EverSource Wealth Advisors LLC now owns 4,512 shares of the auto parts company’s stock worth $99,000 after purchasing an additional 4,301 shares in the last quarter. Institutional investors own 86.76% of the company’s stock.
Gentex News Roundup
Here are the key news stories impacting Gentex this week:
- Positive Sentiment: Gentex reported quarterly EPS of $0.58, above the $0.50 consensus estimate, showing stronger-than-expected profitability. Gentex Tops Q2 Earnings Estimates
- Positive Sentiment: The company reaffirmed its FY2026 and FY2027 outlook and guided revenue above consensus ranges, which suggests management remains confident in longer-term demand. Gentex Warns China Sales Will Keep Falling Through 2027
- Neutral Sentiment: Gentex’s earnings call transcript and earnings snapshots should provide more detail on margin trends, vehicle production assumptions, and management’s commentary, but they are not direct catalysts by themselves. Gentex Corporation Q2 2026 Earnings Call Transcript
- Negative Sentiment: Revenue came in below expectations at $651.3 million versus $669.65 million expected, and the company said China sales are likely to keep declining through 2027, raising concerns about growth. Gentex falls after Q2 revenue miss amid auto sales weakness
- Negative Sentiment: Broader auto-sales weakness and the revenue miss point to softer end-market demand, which is likely pressuring the stock despite the EPS beat.
About Gentex
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
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