Gentex Corporation (NASDAQ:GNTX) Stock Has Average Price Target of $25.20

Shares of Gentex Corporation (NASDAQ:GNTX) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $25.20.

Several research analysts have issued reports on GNTX shares. Weiss Ratings lowered Gentex from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. The Goldman Sachs Group cut Gentex from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $23.00 to $20.00 in a research note on Tuesday, October 6th. Wall Street Zen downgraded Gentex from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. JPMorgan Chase & Co. decreased their price objective on Gentex from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Monday, August 10th. Finally, Freedom Capital lowered Gentex from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norris Perne & French LLP MI bought a new stake in Gentex in the 3rd quarter worth about $693,000. Signaturefd LLC increased its stake in Gentex by 51.1% in the 3rd quarter. Signaturefd LLC now owns 23,975 shares of the auto parts company’s stock valued at $521,000 after buying an additional 8,104 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in Gentex in the 3rd quarter valued at about $219,000. Inspire Investing LLC lifted its position in shares of Gentex by 8.5% during the 3rd quarter. Inspire Investing LLC now owns 29,061 shares of the auto parts company’s stock worth $632,000 after buying an additional 2,269 shares in the last quarter. Finally, Studio Investment Management LLC lifted its position in shares of Gentex by 20.8% during the 3rd quarter. Studio Investment Management LLC now owns 18,371 shares of the auto parts company’s stock worth $399,000 after buying an additional 3,164 shares in the last quarter. Institutional investors and hedge funds own 86.76% of the company’s stock.

Gentex Trading Down 5.0%

Shares of NASDAQ GNTX opened at $20.66 on Friday. The firm’s 50-day moving average price is $22.26 and its 200-day moving average price is $23.28. Gentex has a 1-year low of $19.98 and a 1-year high of $26.48. The firm has a market capitalization of $4.40 billion, a P/E ratio of 11.11 and a beta of 0.86.

Gentex (NASDAQ:GNTX) last released its quarterly earnings data on Friday, October 23rd. The auto parts company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.03). Gentex had a return on equity of 16.78% and a net margin of 15.50%. The company had revenue of $647.71 million for the quarter, compared to the consensus estimate of $669.69 million. During the same period last year, the company earned $0.46 EPS. Gentex’s revenue for the quarter was down 1.1% compared to the same quarter last year. Equities research analysts forecast that Gentex will post 2.06 EPS for the current year.

Gentex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Wednesday, October 7th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, October 7th. This represents a $0.48 annualized dividend and a yield of 2.3%. Gentex’s dividend payout ratio (DPR) is presently 25.81%.

More Gentex News

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Premium Audio revenue rose approximately 27% year over year to $54.7 million, providing growth outside Gentex’s core automotive business. The company also repurchased 5.7 million shares for $132.6 million during the quarter. Gentex Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Gentex secured its first printed circuit board assembly contract, with production expected to begin in 2029, potentially creating a longer-term source of revenue diversification. Gentex Reports Third-Quarter Results
• Neutral Sentiment: Management maintained its fiscal 2027 revenue outlook at approximately $2.8 billion to $2.9 billion, broadly in line with consensus, suggesting it views current weakness as manageable over the longer term.
• Negative Sentiment: Third-quarter adjusted EPS was $0.47, below the approximately $0.50–$0.51 consensus estimate, while revenue of $647.7 million missed expectations near $669.7 million. GAAP net income fell to $90.6 million, or $0.43 per diluted share, from $101.0 million a year earlier. Gentex Q3 Earnings Miss
• Negative Sentiment: Automotive sales dropped to $552.5 million from $573.7 million, and gross margin contracted to 33.4% from 34.4%. Management cited persistent weakness in China and rising costs as ongoing headwinds.
• Negative Sentiment: Gentex reduced its 2026 revenue outlook to approximately $2.65 billion, increasing concerns about near-term demand and profitability despite the unchanged 2027 forecast.

About Gentex

Gentex Corporation (NASDAQ:GNTX) is a technology manufacturer headquartered in Zeeland, Michigan. Founded in 1974, the company develops products primarily for the automotive industry, along with selected applications in the aerospace and fire-protection markets.

Gentex is best known for its automatic-dimming rearview and side-view mirrors, which use electrochromic technology to reduce glare. Its automotive product portfolio also includes camera-based driver-assistance systems, digital vision and sensing technologies, connected-car products, overhead console systems, and HomeLink universal garage-door and home-control systems.