Gentex Corporation (GNTX) Receives Media Sentiment Score of 0.14
Media stories about Gentex Corporation (NASDAQ:GNTX) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Gentex Corporation earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 46.2873291659042 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Include Money Stock in Portfolio: Gentex Corporation (GNTX) with 2.31% Dividend Yield – Voice Of Analysts (analystsbuzz.com)
- Gentex Corporation (GNTX) Holdings Increased by Fairpointe Capital LLC – Modern Readers (modernreaders.com)
- See what the IHS Markit Score report has to say about Gentex Corp. (finance.yahoo.com)
- Donald Trump warns North Korea that United States military is ‘locked and loaded’ (wisdomsave.com)
- Nvidia struggles to meet GPU demand from gamers due to cryptocurrency rush (lazeresportes.com)
A number of equities research analysts have recently commented on GNTX shares. Zacks Investment Research cut shares of Gentex Corporation from a “hold” rating to a “sell” rating in a report on Monday, June 26th. Wellington Shields cut shares of Gentex Corporation from a “gradually accumulate” rating to a “hold” rating in a report on Thursday, May 4th. BMO Capital Markets reiterated an “outperform” rating and set a $22.00 price target (down previously from $25.00) on shares of Gentex Corporation in a report on Monday, July 24th. Craig Hallum cut shares of Gentex Corporation from a “buy” rating to a “hold” rating and set a $18.00 price target on the stock. in a report on Monday, July 24th. Finally, FBR & Co reiterated an “outperform” rating and set a $25.00 price target on shares of Gentex Corporation in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $21.75.
Gentex Corporation (NASDAQ GNTX) traded down 0.69% during midday trading on Thursday, hitting $17.31. 2,209,591 shares of the stock were exchanged. Gentex Corporation has a 12 month low of $16.06 and a 12 month high of $22.12. The firm’s 50 day moving average price is $17.86 and its 200 day moving average price is $19.58. The company has a market cap of $4.94 billion, a PE ratio of 13.74 and a beta of 1.18.
Gentex Corporation (NASDAQ:GNTX) last posted its quarterly earnings data on Friday, July 21st. The auto parts company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by $0.01. The firm had revenue of $443.10 million for the quarter, compared to the consensus estimate of $446.36 million. Gentex Corporation had a return on equity of 18.95% and a net margin of 21.01%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 EPS. On average, equities research analysts forecast that Gentex Corporation will post $1.27 earnings per share for the current fiscal year.
In other Gentex Corporation news, Director John A. Mulder sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $19.22, for a total transaction of $192,200.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Fred Bauer sold 239,400 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $17.33, for a total transaction of $4,148,802.00. Following the transaction, the chairman now owns 5,771,128 shares in the company, valued at approximately $100,013,648.24. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.
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About Gentex Corporation
Gentex Corporation designs and manufactures 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 utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps.
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