Gentex stock: buy or sell?
October 18th, 2019
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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups work for Gentex stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Gentex stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 3 ratings published for GNTX stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-2||BMO Capital Markets||Outperform||Outperform|
|2019-2-4||Jefferies Financial Group||n/a||Hold|
Gentex stock analysis
Gentex topped new all time highs back again on October/18, marking to $28.91. Shares ended at $27.96 and inched 1.34%.
Gentex reached new all time highs again on Oct/18, marking to $28.91. Shares ended at $27.96 and inched 1.34%. On June GNTX price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock.
Gentex closed this week at $27.96 after marking a new all time high ($28.91) and climbed an amazing 5.75%. Late September GNTX plummed a shocking -5.11% in just one week.
Late May, SMA20w and SMA40w crossed up triggering a rise of 27.79%. Since price and SMA40w lines crossed up early April, GNTX climbed $7.07 (33.84%).
Gentex stock price history
Gentex IPO was on December 22nd, 1981 at $0.00 per share1. Since then, GNTX stock surged a inf%, with an average of inf% per year. If you had invested $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 October/18 with a price of $28.91.
Gentex stock price target is $24.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 2 price forecasts for GNTX stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-2||BMO Capital Markets||Lowers Target||$26.00||$25.00||-3.8%|
|2019-2-4||Jefferies Financial Group||Reiterates||n/a||$23.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Gentex presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a slightly fine growth of 2.18% to $1,834.06 M dollars. In contrary, its earnings margin (compared to sales) inched to 23.88%, that is $437.88 million. Gentex presents anual results in December, and to compare 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 income $430.92 M USD. When comparing this TTM figures with the last reported annuality, we can review Gentex business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, remained constant a neutral 0.17%. Likewise, profit margin (net income/sales) stayed constant at 23.88%.
|2013||$1,170 M||-||$223 M19.1%||-|
|2014||$1,376 M||17.56%||$289 M21.0%||29.46%|
|2015||$1,544 M||12.22%||$318 M20.6%||10.35%|
|2016||$1,679 M||8.77%||$348 M20.7%||9.14%|
|2017||$1,795 M||6.91%||$407 M22.7%||17.03%|
|2018||$1,834 M||2.18%||$438 M23.9%||7.64%|
|TTM||$1,837 M||0.17%||$431 M23.5%||-1.59%|
Quarterly financial resultsGentex reported $468.59 M in sales for 2019-Q1, a 3.35% improvement compared to previous quarter. Reported quarter earnings marked $104.28 M with a profit margin of 22.25%. Profit margin decreased 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 stable a 0.68%.
|2017-Q2||$443 M||-||$89 M20.0%||-|
|2017-Q3||$439 M||-1.02%||$90 M20.6%||1.91%|
|2017-Q4||$460 M||4.77%||$130 M28.4%||44.60%|
|2018-Q1||$465 M||1.27%||$111 M23.9%||-14.73%|
|2018-Q2||$455 M||-2.24%||$109 M24.0%||-2.00%|
|2018-Q3||$460 M||1.16%||$111 M24.2%||2.12%|
|2018-Q4||$453 M||-1.49%||$106 M23.4%||-4.55%|
|2019-Q1||$469 M||3.35%||$104 M22.3%||-1.88%|
Gentex ownershipWhen you are planning to buy shares of a company, it's worth to review its ownership structure.
Gentex shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.39% of all shares.
Bearish positions for GNTX stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Gentex:
|Market cap||$7.1 B||$7.0 B||$22.8 B||$28.2 B||$2.7 B|
|Total shares||254.8 M||87.2 M||256.2 M||104.8 M||32.8 M|
|Float shares||254.2 M||78.7 M||254.4 M||87.5 M||26.9 M|
|- Institutional holdings (%)||88.4%||45.3%||99.5%||68.8%||81.0%|
|- Insider holdings (%)||0.4%||0.1%||0.5%||15.5%||18.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$27.07 - $28.91|
|Average true range||$0.62|
|50d mov avg||$26.88|
|100d mov avg||$25.70|
|200d mov avg||$23.43|
Gentex performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Gentex, the benchmark is made against Autoliv, Aptiv, Cintas, Dorman Products, Federal Signal, Lear, Magna International, Gentherm and Visteon.
Gentex competitorsWe selected a few stocks to conform a list of Gentex competitors to examine if you are interested in investing in GNTX:
- Autoliv (ALV)
- Aptiv (APTV)
- Cintas (CTAS)
- Dorman Products (DORM)
- Federal Signal (FSS)
- Lear (LEA)
- Magna International (MGA)
- Gentherm (THRM)
- Visteon (VC)
Latest Gentex stock news
- Seeking AlphaBuy And Hold Gentex For The Next DecadeSeptember 19, 2018