4 stories mentioning GNTXUpdated 40d ago
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Gentex (GNTX) has an average rating of overweight and mean price target of $26.71, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $24.82, Change: $+0.94, Percent Change: +3.94%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target by $2 to $30, based on a 2027 P/E of 13.3x, a justified discount to GNTX's five-year average P/E of 16.7x. We maintain our EPS estimates of $2.00 for 2026 and $2.25 for 2027. Following GNTX's Q1 earnings release, we are lowering our price target but reiterating our Strong Buy opinion on the shares. It was a solid earnings release all around, with both sales and margins exceeding expectations and higher full-year revenue guidance. The investment thesis from our late January upgrade to Strong Buy appears intact, with gross margins rebounding nicely (+60 bps to 33.8% in Q1) and a risk/reward that appears compelling. While tepid volumes remain a concern (mirror shipments were -6%), GNTX's strong balance sheet and sub-industry leading gross margins are key distinguishing factors supporting our rating. GNTX's 12% Y/Y EPS growth in Q1 also underscores its easier near-term comps.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Gentex Corporation (GNTX) posted Q1 adjusted EPS of $0.48 vs. $0.43 (+12%), three cents ahead of consensus. Net sales rose 17% to $675M ($26M ahead of consensus) and gross margin expanded 60 bps to 33.8% (10 bps ahead of consensus). Net sales were negatively impacted by a 6% decline in mirror shipment volumes, fully offset by the acquired VOXX assets which contributed total revenue of $89M during the quarter. The margin improvement was driven by favorable product mix, operational efficiencies, and purchasing cost reductions. GNTX raised 2026 revenue guidance to $2.65B-$2.75B from $2.6B-$2.7B previously. All other guidance was unchanged. In Q1, GNTX repurchased 3.3M shares at an average price of $22.01 in Q1. This was a solid release all-around, with sales and margins exceeding expectations and increased full-year guidance, which we think few investors were expecting from an auto supplier this earnings season, considering fundamental headwinds. We think the release indicates the turnaround story is on track.
Gentex (GNTX) has an average rating of overweight and mean price target of $25.71, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $21.94, Change: $-0.19, Percent Change: -0.86%
