Gentex Corporation (NASDAQ: GNTX) has reported E.P.S. of $0.47 for its first fiscal quarter (ending March 31) versus $0.42 for the same period a year ago — an increase of 12%. Relative to the consensus estimate of $0.57, this was a shortfall of $-0.10. For the latest four quarters through March 31, E.P.S. were $1.89 compared to $1.41 a year ago — an increase of 34%.
Recent Price Action
On 4/26/24, Gentex Corporation (NASDAQ: GNTX) stock rose slightly by 0.2%, closing at $34.71. Moreover, this advance was accompanied by unusually high trading volume at 158% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.4% during the last week.
Current PriceTarget Research Rating
GNTX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Gentex has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gentex has a slightly negative Appreciation Score of 37 and a neutral Power Rating of 58, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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