Gentex stock: buy or sell?

GNTX stock price: $26.56 0.49% At close on August 19th, 2019

Updated on:
August 19th, 2019

4

Gentex appreciated a tiny 0.49% and closed at $26.56.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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, therefore 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 slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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 detected 3 ratings published for GNTX stock in the last month.

Is GNTX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-2BMO Capital MarketsOutperformOutperform
2019-2-5Longbow ResearchBuyNeutral
2019-2-4Jefferies Financial Groupn/aHold

Gentex stock analysis

Daily outlook

Gentex appreciated a tiny 0.49% and closed at $26.56.

Shares of Gentex appreciated a tiny 0.49% and closed at $26.56. Since last June when GNTX stock price broke up the SMA200d line, it gained $5.30 (24.93%). Since SMA100d and SMA200d crossed up on May, GNTX price climbed $4.98 per share (23.08%). On Jul/29, GNTX hit a new all time high, pushing higher than on Jul/26 tops. Check different trading setups that use ATHs as triggers.

GNTX stock chart (daily)

Weekly outlook

Gentex ended this week at $26.56 and gained a slightly good 0.49%. Late July GNTX skyrocketed an extraordinary 6.35% in just one week.

GNTX shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $25.87 last week. Previous top ($27.95) will play as a resistance in possible new gains. Not so far away is the last all-time high Gentex marked late July. Since late May when SMA20w and SMA40w crossed up, GNTX price gained $4.59 per share (20.89%). Since early April when GNTX stock price broke up the SMA40w line, it gained $5.58 (26.60%).

GNTX stock chart (weekly)

Gentex stock price history

Gentex IPO was on December 22nd, 1981 at $0.07 per share1. Since then, GNTX stock surged a 37,842.90%, with an average of 1,022.80% per year. If you had invested right after GNTX's IPO a $1,000 in Gentex stock in 1981, it would worth $378,429.00 today.

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

Gentex stock historical price chart

GNTX stock reached all-time highs on Jul 29th with a price of $27.95.

Gentex stock price target is $24.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 30 days we found 2 price targets for Gentex stock:
GNTX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-2BMO Capital MarketsLowers Target$26.00$25.00-3.8%
2019-2-4Jefferies Financial GroupReiteratesn/a$23.00-
(in average)$26.00$24.00-8.0%
The price forecast for Gentex stock is $24.00, moving in a range between $25.00 and $23.00. In average, analysts' outlook on GNTX price target is negative, downgrading the target by a -8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Gentex rocketed an amazing 21.28%. As soon as we get its posted EPS from the earnings report, we will update this report.
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 turnover grew a slightly fine 2.18% to $1,834.06 M dollars from $1,794.87 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) raised a 1.21% to 23.88%.

To have an updated picture of the financial situation of Gentex, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Gentex TTM sales up to March 2019 were $1,837.23 and earnings were $430.92 million USD. When comparing this TTM figures with the last reported annuality, we can review Gentex business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained stable a tight 0.17%. In line, profit margin (net income/sales) stayed steady at 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 posted $468.59 M in sales for 2019-Q1, a 3.35% up compared to previous quarter. Reported quarter income 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 sales to same quarter last year, Gentex sales marked a slightly good movement and stayed steady 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 a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Gentex, 0.39% 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 understanding, the next table shows ownership data compared to other related stocks:

GNTXALVAPTVCTASDORM
Market cap$6.8 B$5.8 B$21.1 B$28.7 B$2.4 B
Total shares255.6 M87.1 M257.8 M107.0 M32.9 M
Float shares254.7 M78.7 M254.5 M82.0 M26.9 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 selling0.0%0.0%0.0%0.0%0.0%

Gentex summary

Monday, August 19th, 2019
Open$26.67
Close$26.56
Day range$26.55 - $26.67
Previous close$26.43
Session gain0.49%
Average true range$0.60
50d mov avg$25.20
100d mov avg$23.62
200d mov avg$22.23
Daily pattern
Weekly pattern lb03a

Gentex performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Gentex, the benchmark is made against Autoliv, Aptiv, Cintas, Dorman Products, Federal Signal, Lear, Magna International, Gentherm and Visteon.
Stock3m6m12m
GNTXGentex21.50%33.40%15.23%
ALVAutoliv0.30%-17.74%-24.35%
APTVAptiv11.44%1.66%-10.77%
CTASCintas20.37%31.03%27.39%
DORMDorman Products-11.12%-18.03%-6.24%
FSSFederal Signal22.93%35.27%16.56%
LEALear-18.25%-29.86%-35.87%
MGAMagna Internation...9.51%-9.96%-5.09%
THRMGentherm-5.46%-11.85%-21.24%
VCVisteon24.33%-21.49%-45.68%

Gentex competitors

One check before investing in any stock is to review a list of its competitors, in this case for Gentex. We selected 9 companies as Gentex competitors as they are in the same industry or have similar market objectives.

Latest Gentex stock news