GNTX Stock - Gentex Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.31B | $2.30B | $1.92B | $1.73B | $1.69B |
| Gross Profit | $771.09M | $762.63M | $609.81M | $619.71M | $605.44M |
| Gross Margin | 33.3% | 33.2% | 31.8% | 35.8% | 35.9% |
| Operating Income | $459.73M | $495.73M | $370.01M | $409.78M | $399.56M |
| Net Income | $404.49M | $428.40M | $318.76M | $360.80M | $347.56M |
| Net Margin | 17.5% | 18.6% | 16.6% | 20.8% | 20.6% |
| EPS | $1.77 | $1.84 | $1.36 | $1.51 | $1.41 |
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 4th 2024 | UBS | Initiation | Neutral | $34 |
| July 30th 2024 | Exane BNP Paribas | Downgrade | Neutral | $34 |
| July 6th 2023 | BofA Securities | Upgrade | Neutral | $33← $26 |
| December 14th 2022 | Goldman | Upgrade | Neutral | $26← $24 |
| April 11th 2022 | Exane BNP Paribas | Initiation | Outperform | - |
Earnings History & Surprises
GNTXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 23, 2026 | — | — | — | — |
Q1 2026 | Jan 30, 2026 | $0.42 | — | — | — |
Q4 2025 | Oct 24, 2025 | $0.47 | $0.46 | -2.1% | ✗ MISS |
Q3 2025 | Jul 25, 2025 | $0.40 | $0.47 | +17.5% | ✓ BEAT |
Q2 2025 | Apr 25, 2025 | $0.43 | $0.43 | 0.0% | = MET |
Q1 2025 | Jan 31, 2025 | $0.49 | $0.39 | -20.4% | ✗ MISS |
Q4 2024 | Oct 25, 2024 | $0.48 | $0.53 | +10.4% | ✓ BEAT |
Q3 2024 | Jul 26, 2024 | $0.52 | $0.37 | -28.8% | ✗ MISS |
Q2 2024 | Apr 26, 2024 | $0.48 | $0.47 | -2.1% | ✗ MISS |
Q1 2024 | Jan 26, 2024 | $0.44 | $0.50 | +13.6% | ✓ BEAT |
Q4 2023 | Oct 27, 2023 | $0.44 | $0.45 | +2.3% | ✓ BEAT |
Q3 2023 | Jul 28, 2023 | $0.41 | $0.47 | +14.6% | ✓ BEAT |
Q2 2023 | Apr 28, 2023 | $0.37 | $0.42 | +13.5% | ✓ BEAT |
Q1 2023 | Jan 27, 2023 | $0.38 | $0.37 | -2.6% | ✗ MISS |
Q4 2022 | Oct 28, 2022 | $0.38 | $0.31 | -18.4% | ✗ MISS |
Q3 2022 | Jul 22, 2022 | $0.38 | $0.31 | -18.4% | ✗ MISS |
Q2 2022 | Apr 22, 2022 | $0.32 | $0.37 | +15.6% | ✓ BEAT |
Q1 2022 | Jan 28, 2022 | $0.34 | $0.35 | +2.9% | ✓ BEAT |
Q4 2021 | Oct 22, 2021 | $0.38 | $0.32 | -15.8% | ✗ MISS |
Q3 2021 | Jul 23, 2021 | $0.45 | $0.36 | -20.0% | ✗ MISS |
Latest News
Gentex Acquires BioConnect; Terms Not Disclosed
➖ NeutralGentex Corporation Wins 1 Billion CZK NATO-Backed Contract To Supply Next-Gen Ops-Core Helmets And AMP Headsets To Czech Armed Forces by 2026
📈 PositiveGoldman Sachs Maintains Neutral on Gentex, Lowers Price Target to $27
➖ NeutralGentex shares are trading lower after the company reported Q3 EPS and sales below expectations.
📉 NegativeGentex Narrows FY2025 Sales Guidance from $2.440B-$2.610B to $2.500B-$2.600B vs $2.525B Est
➖ NeutralGentex Q3 Adj. EPS $0.46 Misses $0.47 Estimate, Sales $655.236M Miss $664.513M Estimate
📉 NegativeUBS Maintains Neutral on Gentex, Raises Price Target to $29
➖ NeutralFrequently Asked Questions about GNTX
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