$GNTX

6 stories mentioning GNTXUpdated 14d ago

Every FINWIRES story that references GNTX, newest first.

Update: Gentex Shares Fall After Surprise Q2 Revenue Drop

(Updates with the latest stock price movement in the headline and first paragraph.)Gentex (GNTX) shares fell 5.3% in Friday trading after Q2 revenue declined unexpectedly.In the three months ended June 30, revenue dropped to $651.3 million from $657.9 million a year earlier, the company said Friday.Analysts polled by FactSet expected $669.7 million.Q2 adjusted earnings rose to $0.58 per diluted share from $0.50.Analysts expected $0.50.The company maintained its 2026 consolidated revenue guidance range of $2.65 billion to $2.75 billion. Analysts expect $2.69 billion.The company continues to project 2027 revenue of $2.8 billion to $2.9 billion. Analysts expect $2.83 billion.Price: $22.54, Change: $-1.27, Percent Change: -5.32%

$GNTX

Wire30d ago

UBS Adjusts Gentex Price Target to $25 From $26, Maintains Neutral Rating

$GNTX

Wire103d ago

B. Riley Adjusts Price Target on Gentex to $29 From $28, Maintains Buy Rating

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://finwires.com/en/contact)Price: $24.82, Change: $+0.94, Percent Change: +3.94%

$GNTX

Research105d ago

Research Alert: CFRA Reiterates Strong Buy Opinion On Shares Of Gentex Corporation

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.

$GNTX

Research106d ago

Research Alert: Gntx Beats Q1 2026, Raises Revenue Guidance

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.

$GNTX

Wire116d ago

UBS Adjusts Price Target on Gentex to $24 From $25, Maintains Neutral Rating

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://finwires.com/en/contact)Price: $21.94, Change: $-0.19, Percent Change: -0.86%

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