Headlines about Gentex (NASDAQ:GNTX) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gentex earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 46.9619507424459 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several analysts have issued reports on the company. B. Riley boosted their target price on Gentex from $25.00 to $29.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Zacks Investment Research upgraded Gentex from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Wednesday, January 31st. Craig Hallum boosted their target price on Gentex from $18.00 to $23.00 and gave the company a “hold” rating in a research note on Monday, January 29th. BMO Capital Markets boosted their target price on Gentex to $28.00 and gave the company an “outperform” rating in a research note on Monday, January 29th. Finally, Robert W. Baird restated a “hold” rating and issued a $23.00 target price on shares of Gentex in a research note on Friday, January 26th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $25.50.

Gentex (NASDAQ GNTX) traded down $0.11 during trading hours on Friday, hitting $22.83. The company had a trading volume of 1,373,851 shares, compared to its average volume of 2,970,000. Gentex has a 12 month low of $16.59 and a 12 month high of $24.07. The company has a market cap of $6,480.00, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 1.46 and a beta of 1.32.

Gentex (NASDAQ:GNTX) last released its quarterly earnings data on Friday, January 26th. The auto parts company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Gentex had a return on equity of 18.35% and a net margin of 22.66%. The company had revenue of $459.57 million for the quarter, compared to analyst estimates of $449.43 million. During the same period in the previous year, the company posted $0.31 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. equities analysts forecast that Gentex will post 1.62 EPS for the current fiscal year.

In related news, Director James H. Wallace sold 12,000 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $23.40, for a total transaction of $280,800.00. Following the sale, the director now directly owns 48,304 shares in the company, valued at approximately $1,130,313.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Scott P. Ryan sold 7,220 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $23.66, for a total value of $170,825.20. Following the sale, the general counsel now owns 21,329 shares in the company, valued at $504,644.14. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,094 shares of company stock worth $635,877. 2.50% of the stock is currently owned by corporate insiders.

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About Gentex

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.

Insider Buying and Selling by Quarter for Gentex (NASDAQ:GNTX)

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