Impact of Brokerage Rating on Gentex Corporation(GNTX)

Many Gentex Corporation(GNTX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Gentex Corporation was Initiated by Susquehanna on Dec 19, 2016 to Neutral, Price Target of the shares are set at $21.

Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Steven R Downing (Chief Financial Officer) sold 10,176 shares at 20.75 per share price.On Jan 31, 2017, Kevin C Nash (Chief Accounting Officer) sold 4,544 shares at 20.90 per share price.On Nov 21, 2016, Joseph E Iv Matthews (Vice President Purchasing) sold 2,244 shares at 18.00 per share price.

Gentex Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.32. The company had revenue of $419.90 million for the quarter, compared to analysts expectations of $442.90 million. The companys revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.

Gentex Corporation (NASDAQ:GNTX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Gentex Corporation (NASDAQ:GNTX) should head towards $20.33 per share according to 9 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $12 per share. The higher price estimate target is at $25 according to the Analysts.

Gentex Corporation (NASDAQ:GNTX) rose 0.15% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $20.57 the stock was seen hitting $20.62 as a peak level and $20.46 as the lowest level. The stock ended up at $20.6. The daily volume was measured at 1,193,475 shares. The 52-week high of the share price is $21.8887 and the 52-week low is $13.99. The company has a market cap of $5,902 million.

Gentex Corporation is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. The Company develops, manufactures and markets proprietary electro-optic products, including interior and exterior electrochromic, automatic-dimming Night Vision Safety automotive rearview mirrors that dim in proportion to the amount of headlight glare from trailing vehicle headlamps, and an extensive line of fire protection products for commercial applications.


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