Gentex Corporation (NASDAQ: GNTX) has reported E.P.S. of $0.37 for its second fiscal quarter (ending June 30) versus $0.47 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $1.79 compared to $1.56 a year ago.
Recent Price Action
On 7/26/24, Gentex Corporation (NASDAQ: GNTX) stock declined by -4.2%, closing at $31.20. Moreover, exceptionally high trading volume at 323% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -9.8% during the last week.
Current PriceTarget Research Rating
GNTX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Gentex has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gentex has a neutral Appreciation Score of 46 and a neutral Power Rating of 52, producing the 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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