Gentex Corp [NASDAQ: GNTX] jumped around 0.55 points on Wednesday, while shares priced at $23.21 at the close of the session, up 2.43%.
Gentex Corp stock is now -32.41% down from its year-to-date (YTD) trading value. GNTX Stock saw the intraday high of $23.47 and lowest of $22.935 per share. The company’s 52-week high price is 35.32, which means current price is +14.45% above from all time high which was touched on 01/02/25.
Compared to the average trading volume of 2.21M shares, GNTX reached a trading volume of 3852268 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Gentex Corp [GNTX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNTX shares is $24.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNTX stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Gentex Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 04, 2024. The new note on the price target was released on July 30, 2024, representing the official price target for Gentex Corp stock. Previously, the target price had yet another raise from $26 to $33, while BofA Securities kept a Neutral rating on GNTX stock. On December 14, 2022, analysts increased their price target for GNTX shares from 24 to 26.
The Price to Book ratio for the last quarter was 2.11, with the Price to Cash per share for the same quarter was set at 1.37. Price to Free Cash Flow for GNTX in the course of the last twelve months was 14.20 with Quick ratio for the last quarter at 2.55.
How has GNTX stock performed recently?
Gentex Corp [GNTX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.74. With this latest performance, GNTX shares gained by 6.86% in over the last four-week period, additionally sinking by -14.86% over the last 6 months – not to mention a drop of -19.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNTX stock in for the last two-week period is set at 59.96, with the RSI for the last a single of trading hit 0.52, and the three-weeks RSI is set at 0.52 for Gentex Corp [GNTX]. The present Moving Average for the last 50 days of trading for this stock 22.18, while it was recorded at 23.06 for the last single week of trading, and 25.75 for the last 200 days.
Gentex Corp [GNTX]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Gentex Corp [GNTX] shares currently have an operating margin of 19.79% and a Gross Margin at 33.07%. Gentex Corp’s Net Margin is presently recorded at 16.77%.
Return on Equity for this stock inclined to 14.04%, with Return on Assets sitting at 14.04%. When it comes to the capital structure of this company, Gentex Corp [GNTX] has a Total Debt to Total Equity ratio set at 0.00.
Reflecting on the efficiency of the workforce at the company, Gentex Corp [GNTX] managed to generate an average of $62385.19 per employee.Gentex Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.55 and a Current Ratio set at 4.08.
Earnings analysis for Gentex Corp [GNTX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GNTX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gentex Corp go to 4.85%.
Insider trade positions for Gentex Corp [GNTX]
There are presently around $100.83%, or 101.12% of GNTX stock, in the hands of institutional investors. The top three institutional holders of GNTX stocks are: VANGUARD GROUP INC with ownership of 22.04 million shares, which is approximately 9.6689%. BLACKROCK INC., holding 20.86 million shares of the stock with an approximate value of $$703.22 million in GNTX stocks shares; and BLACKROCK INC., currently with $$697.07 million in GNTX stock with ownership which is approximately 9.0723%.
