Gentex Corporation – Consensus ‘buy’ rating and 15.9% Upside Potential

Broker Ratings
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Gentex Corporation which can be found using ticker (GNTX) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 40 and 33 and has a mean target at $37.14. Given that the stocks previous close was at $32.04 and the analysts are correct then we can expect a percentage increase in value of 15.9%. There is a 50 day moving average of $32.25 and the 200 moving average now moves to $28.95. The market capitalization for the company is 7.51B. The current share price for the company is: 32.16 USD

The potential market cap would be $8,702,284,398 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 20.62, revenue per share of 9.21 and a 11.04% 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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