Gentex Corp (NASDAQ:GNTX) shares traded -0.44% down during most recent session to reach at the closing price of $20.4. The stock exchanged hands 2.09 Million shares versus average trading capacity of 2.05 Million shares, yielding a market cap of $5.42 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $21.13 within the next 52-weeks. The mean target projections are based on 8 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Gentex Corp (NASDAQ:GNTX) high price target of $29 and with a conservative view have low price target of $11.
Longbow Research “Downgrades” Gentex Corp (NASDAQ:GNTX) in a research note issued to investors on 2/05/19 to Neutral with price target of $0.
Additionally on 12/11/18 KeyBanc “Initiates Coverage On” Gentex Corp (NASDAQ:GNTX) to Sector Weight setting price target at $0 and on 12/04/18 Jefferies “Initiates Coverage On” the stock to Hold at $24. Furthermore on 10/22/18 BMO Capital “Maintained” the stock to Outperform at $24.
On the other hand the company has Relative Strength Index (RSI 14) of 44.52 along with Average True Range (ATR 14) of 0.49, Consequently Gentex Corp (NASDAQ:GNTX)’s weekly and monthly volatility is 2.04%, 2.24% respectively. The company’s beta value is at 1.12.
In terms of Buy, Sell or Hold recommendations, Gentex Corp (NASDAQ:GNTX) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Gentex Corp (NASDAQ:GNTX)’s minimum EPS for the current quarter is at $0.38 and can go high up to $0.41. The consensus mean EPS for the current quarter is at $0.39 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.4 earnings per share for the same quarter during last year.
Previously Gentex Corp (NASDAQ:GNTX) reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $-0.03. The company posted an earnings surprise of -6.8%.
Gentex Corp (NASDAQ:GNTX)’s revenue estimates for the current quarter are $465.59 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $473.9 Million in contradiction of low revenue estimates of $454.6 Million. For the current year the company’s revenue estimates are $1.88 Billion compared to low analyst estimates of $1.81 Billion and high estimates of $1.91 Billion according to 11 number of analysts.
Currently Gentex Corp (NASDAQ:GNTX)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 87%. However the six-month change in the insider ownership was recorded -16.86%, as well as three-month change in the institutional ownership was recorded -1.66%.
Gentex Corp (NASDAQ:GNTX)’s trailing twelve month revenues are $1.83 Billion, whereas its price to sales ratio for the same period is 2.95. Its book value per share for the most recent quarter is $6.94 while its price to book ratio for the same period is 2.94, as for as the company’s cash per share for the most recent quarter is $1.27, however its price to cash per share ratio for the same period is 16.05. The stock has 5 year expected PEG ratio of 0.84 whereas its trailing twelve month P/E ratio is 12.56.