Gentex Corporation (NASDAQ: GNTX) has reported E.P.S. of $0.54 for its third fiscal quarter (ending September 30) versus $0.45 for the same period a year ago — an increase of 20%. For the latest four quarters through September 30, E.P.S. were $1.88 versus $1.70 for the same period a year ago — an increase of 11%.
Recent Price Action
Gentex Corporation (NASDAQ: GNTX) stock enjoyed a very large increase of 5.4% on 10/25/24. The shares closed at $31.25. Moreover, trading volume in this advance was exceptionally high at 230% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.3% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Gentex has a neutral Appreciation Score of 46 but a poor Power Rating of 18, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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