Gentex stock: buy or sell?

GNTX stock price: $21.01 1.25% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

After sliding a frightening -6.80% yesterday, Gentex closed today at $21.01 and stepped up a nice 1.25%. On Monday GNTX skyrocketed an outstanding 5.05%.

Gentex Corporation provides automatic-dimming and non-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 worldwide.

Should I buy Gentex stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Gentex stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean GNTX will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Gentex stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for GNTX stock for the last 30 days.

Gentex stock analysis

Daily outlook

After sliding a frightening -6.80% yesterday, Gentex closed today at $21.01 and stepped up a nice 1.25%.

After sliding a frightening -6.80% yesterday, Gentex closed today at $21.01 and stepped up a nice 1.25%. Since last March 5th when GNTX stock price broke down the SMA200d line, it slid $-6.59 per share (-23.88%). On January, GNTX hit new all time highs, pushing higher previous ATH of $31.18 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

GNTX stock chart (daily)

Weekly outlook

Gentex shares slipped -3.62% this week, ending at $21.01. By mid March GNTX collapsed a dreadful -21.67% in just one week.

Not so far away is the last price record Gentex marked by mid January, but since then it dropped a 32.81%. Since late February, when GNTX stock price broke down the 40-weeks moving avarage line, it slid $-9.58 per share (-31.32%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Since SMA20w and SMA40w crossed up late May 2019, GNTX price slid a -3.58%.

GNTX stock chart (weekly)

Gentex stock price history

Gentex stock went public on December 22nd, 1981 with a price of $0.001. Since then, GNTX stock grew a inf%, with a yearly average of inf%. If you had invested right after GNTX's IPO a $1,000 in Gentex stock in 1981, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Gentex stock historical price chart

GNTX stock reached all-time highs on January with a price of $31.27.

Gentex stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' GNTX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price forecast for Gentex stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Gentex presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
GNTX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.31n/a
2017-Q32017-10-200.310.310.0%
2017-Q42018-01-260.320.346.3%
2018-Q12018-04-200.40.40.0%
2018-Q22018-07-200.410.4-2.4%
2018-Q32018-10-190.420.420.0%
2018-Q42019-01-300.430.41-4.7%
2019-Q12019-04-180.39n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Gentex annual revenues raised a slightly good 2.18% to $1,834.06 million dollars from $1,794.87 marked in 2017. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) stepped up a 1.21% to 23.88%.

Gentex presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Gentex TTM sales up to March 2019 were $1,837.23 and earnings $430.92 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Gentex business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained constant a neutral 0.17%. Regarding profit margin, Gentex stayed constant -0.42% to 23.88%

GNTX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,170 M-$223 M19.1%-
2014$1,376 M17.56%$289 M21.0%29.46%
2015$1,544 M12.22%$318 M20.6%10.35%
2016$1,679 M8.77%$348 M20.7%9.14%
2017$1,795 M6.91%$407 M22.7%17.03%
2018$1,834 M2.18%$438 M23.9%7.64%
TTM $1,837 M0.17%$431 M23.5%-1.59%

Quarterly financial results

Gentex reported $468.59 M in revenues for 2019-Q1, a 3.35% improvement compared to previous quarter. Reported quarter earnings marked $104.28 million with a profit margin of 22.25%. Profit margin slightly fell a -1.19% compared to previous quarter when profit margin was 23.44%. When comparing turnover to same quarter last year, Gentex sales marked a tiny move and stayed constant a 0.68%.
GNTX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$443 M-$89 M20.0%-
2017-Q3$439 M-1.02%$90 M20.6%1.91%
2017-Q4$460 M4.77%$130 M28.4%44.60%
2018-Q1$465 M1.27%$111 M23.9%-14.73%
2018-Q2$455 M-2.24%$109 M24.0%-2.00%
2018-Q3$460 M1.16%$111 M24.2%2.12%
2018-Q4$453 M-1.49%$106 M23.4%-4.55%
2019-Q1$469 M3.35%$104 M22.3%-1.88%

Gentex ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Gentex, 0.21% of all outstanding shares are owned by its staff.

Bearish positions for GNTX stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

GNTX
Market cap$5.3 B
Total shares253.0 M
Float shares250.7 M
  - Institutional holdings (%)87.5%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

Gentex summary

Thursday, April 2nd, 2020
Open$20.53
Close$21.01
Day range$20.43 - $21.17
Previous close$20.75
Session gain1.25%
Average true range$1.69
50d mov avg$26.83
100d mov avg$27.92
200d mov avg$27.13
Daily patternlt03a
Weekly pattern

Gentex performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Gentex against in the following table:
Stock3m6m12m
GNTXGentex-27.50%-19.53%0.96%

Gentex competitors

Unfortunately, we could not find any public company that could be defined as Gentex competitor. This doesn't mean Gentex does not have any competitor in the market, it's just we could not detected it.

    Latest Gentex stock news