Gentex (NASDAQ:GNTX) Posts Quarterly Earnings Results, Misses Expectations By $0.10 EPS

Gentex (NASDAQ:GNTX) posted its quarterly earnings data on Friday. The auto parts company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.10), RTT News reports. Gentex had a net margin of 18.37% and a return on equity of 18.25%. During the same period last year, the company earned $0.50 earnings per share. Gentex updated its FY 2025 guidance to EPS.

Gentex Stock Down 7.8 %

NASDAQ GNTX traded down $2.20 on Friday, reaching $26.02. The stock had a trading volume of 2,113,580 shares, compared to its average volume of 1,623,261. The stock has a fifty day moving average price of $29.03 and a two-hundred day moving average price of $29.88. Gentex has a 12-month low of $25.10 and a 12-month high of $37.58. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 0.92 and a beta of 0.91.

Gentex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 22nd. Investors of record on Wednesday, January 8th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, January 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.84%. Gentex’s payout ratio is currently 25.67%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Robert W. Baird boosted their target price on Gentex from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Bank of America lowered their price target on shares of Gentex from $39.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, October 14th. Finally, Guggenheim dropped their price target on shares of Gentex from $35.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, November 21st. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $35.13.

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.