Gentex Corp [NASDAQ: GNTX] loss -1.09% on the last trading session, reaching $23.6 price per share at the time.
If compared to the average trading volume of 2.30M shares, GNTX reached a trading volume of 3870929 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $25.00 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 2.14, 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 14.44 with Quick ratio for the last quarter at 2.55.
Trading performance analysis for GNTX stock
Gentex Corp [GNTX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.03. With this latest performance, GNTX shares gained by 8.31% in over the last four-week period, additionally sinking by -15.74% over the last 6 months – not to mention a drop of -17.86% 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 61.33, 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 22.33, while it was recorded at 23.39 for the last single week of trading, and 25.55 for the last 200 days.
Gentex Corp [GNTX]: A deeper dive into fundamental analysis
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%.
Gentex Corp (GNTX) Capital Structure & Debt Analysis
According to recent financial data for Gentex Corp. ( GNTX), the Return on Equity (ROE) stands at 15.90%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 14.04%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Gentex Corp’s Return on Invested Capital (ROIC) is 15.57%, showcasing its effectiveness in deploying capital for earnings.
Gentex Corp (GNTX) Efficiency & Liquidity Metrics
Based on Gentex Corp’s (GNTX) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Gentex Corp (GNTX) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Gentex Corp. (GNTX) effectively leverages its workforce, generating an average of $62385.19 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.08% and a Quick Ratio of 2.55%, indicating strong ability to cover short-term liabilities.
Gentex Corp [GNTX]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Gentex Corp [GNTX]
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%.
