News stories about Gentex (NASDAQ:GNTX) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Gentex earned a news impact score of 0.12 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 45.8176153238065 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- $449.68 Million in Sales Expected for Gentex Co. (GNTX) This Quarter (americanbankingnews.com)
- Gentex (GNTX) to Release Quarterly Earnings on Friday (americanbankingnews.com)
- BidaskClub Upgrades Gentex (GNTX) to Strong-Buy (nismagazine.com)
- Analysts Expect Gentex Co. (GNTX) Will Post Earnings of $0.32 Per Share (americanbankingnews.com)
GNTX has been the topic of a number of analyst reports. KeyCorp reiterated a “buy” rating and set a $25.00 price objective on shares of Gentex in a research note on Sunday, October 15th. Zacks Investment Research upgraded shares of Gentex from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Tuesday, October 17th. FBR & Co reiterated a “buy” rating and set a $25.00 price objective on shares of Gentex in a research note on Wednesday, October 18th. Robert W. Baird reduced their price target on shares of Gentex from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Monday, October 23rd. Finally, B. Riley restated a “buy” rating on shares of Gentex in a research note on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $22.69.
Gentex (GNTX) remained flat at $$22.81 during trading hours on Friday. The company had a trading volume of 1,293,721 shares, compared to its average volume of 2,751,777. Gentex has a fifty-two week low of $16.59 and a fifty-two week high of $23.14. The firm has a market capitalization of $6,440.00, a price-to-earnings ratio of 18.10, a P/E/G ratio of 1.66 and a beta of 1.22.
Gentex (NASDAQ:GNTX) last posted its earnings results on Friday, October 20th. The auto parts company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. Gentex had a net margin of 20.80% and a return on equity of 18.45%. The business had revenue of $438.63 million for the quarter, compared to the consensus estimate of $452.42 million. During the same period last year, the company earned $0.32 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. equities analysts anticipate that Gentex will post 1.28 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Friday, January 5th were given a dividend of $0.10 per share. The ex-dividend date was Thursday, January 4th. This represents a $0.40 annualized dividend and a yield of 1.75%. Gentex’s dividend payout ratio is presently 31.75%.
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Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. The Company’s business segment involves designing, developing, manufacturing and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps.
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