Gentex Corporation – Consensus ‘buy’ rating and 20.8% Upside Potential

Broker Ratings
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Gentex Corporation with ticker code (GNTX) have now 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 $44.00 and $35.00 calculating the mean target price we have $39.25. Given that the stocks previous close was at $32.49 and the analysts are correct then we can expect a percentage increase in value of 20.8%. The 50 day MA is $34.08 and the 200 moving average now moves to $33.40. The market cap for the company is 7.53B. The stock price is currently at: $32.56 USD

The potential market cap would be $9,093,522,264 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 17.23, revenue per share of $10.22 and a 12.43% 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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