Gentex Corporation – Consensus ‘buy’ rating and 19.9% Upside Potential

Broker Ratings
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Gentex Corporation with ticker code (GNTX) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $41.00 and $33.00 calculating the average target price we see $37.25. Given that the stocks previous close was at $31.06 this indicates there is a potential upside of 19.9%. There is a 50 day moving average of $33.71 and the 200 day MA is $33.39. The market cap for the company is 7.04B. The stock price for the company is currently $30.46 USD

The potential market cap would be $8,445,249,232 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 16.92, revenue per share of $10.23 and a 11.95% 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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