Gentex Corporation – Consensus ‘buy’ rating and 11.8% Upside Potential

Broker Ratings
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Gentex Corporation which can be found using ticker (GNTX) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $37.00 and $30.00 calculating the mean target price we have $34.22. Now with the previous closing price of $30.60 this would imply there is now a potential upside of 11.8%. The 50 day MA is $29.90 and the 200 moving average now moves to $32.97. The total market capitalization for the company now stands at 6.86B. Currently the stock stands at: $30.17 USD

The potential market cap would be $7,673,357,817 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 15.96, revenue per share of $10.40 and a 11.87% return on assets.

Gentex Corporation is a designer, developer, manufacturer, marketer, and supplier of digital vision, connected car, dimmable glass, and fire protection products. The Company provides automatic-dimming and non-automatic-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. The Company’s business segment involves designing, developing, manufacturing, and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilizes electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Within this business segment, the Company also designs, develops and manufactures various electronics that are value added features to the interior and exterior automotive rearview mirrors as well as electronics for interior visors, overhead consoles, and other locations in the vehicle.

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