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GNTX $29.15

GNTX target price
29.15
0
0
Gentex
Type
Public
Traded as NASDAQ: GNTX
S&P 400 Component

Gentex Corporation (NASDAQ: GNTX) manufactures automatic-dimming rear-view mirrors and camera-based driver assistance systems for the global automotive industry. The company also provides commercial smoke detectors and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. The company is based in Zeeland, Michigan and was founded in 1974. Their mirrors use electrochromism to dim in proportion to the amount of light reaching them from following vehicles' headlamps. The mirrors are available with added electronic features. About 98 percent of the company's net sales are derived from the sale of auto-dimming mirrors to every major automaker in the world.

Gentex was founded in 1974 by Fred Bauer as a manufacturer of fire protection products. The company created the first dual-sensor photoelectric smoke detector, considered to be less prone to false alarms, while still quickly detecting smoldering fires. In the early 1990s, Gentex introduced a smoke detector equipped with a strobe light designed to alert the deaf and hard of hearing individuals. Today, Gentex manufactures a complete line of photoelectric detectors for fire alarm systems, standalone, and interconnect systems. Gentex also manufactures its Commander series horn/strobes, along with other notification appliances including speaker/strobes, mini-horns, bells, and weatherproof devices.

Gentex first introduced a rear-view mirror that automatically adjusted to glare conditions in 1982.

Gentex introduced an automatic dimming mirror based on electrochromism in 1987. The reduction of glare eliminates the temporary blind spot caused by the Troxler effect after the glare source leaves the field of view.

These mirrors have forward- and rearward-facing sensors to measure the ambient light level and glare of approaching vehicles, respectively. An electrochromic gel is placed between two pieces of glass, which allows the mirror to dim in proportion to the glare level.

In 1991, exterior electrochromic mirrors were added to the Gentex product line. These mirrors operate on the same principle as the interior mirrors. Different mirror geometries were added in 1997 to accomplish various tasks, such as eliminating blind spots and offering an expanded field of view.

Gentex signed a contract through PPG Aerospace to deliver automatic dimming windows for the Boeing 787 Dreamliner. These windows will use electrochromics to adjust the amount of light allowed through the window.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-20 Future report Set alerts
Q2 2022 2022-07-22 0.31 0.31
Q1 2022 2022-04-22 0.37 0.37
Q4 2021 2022-01-28 0.35 0.35
Q3 2021 2021-10-22 0.32 0.32
Q2 2021 2021-07-23 0.36 0.36
Q1 2021 2021-04-23 0.46 0.46
Q4 2020 2021-01-29 0.58 0.58
Q3 2020 2020-10-23 0.00 0.00
Q2 2020 2020-07-24 0.02 -0.01

Ratings

2016-06-18 Reiterated Rating FBR & Co. Buy
2016-06-18 Reiterated Rating FBR & Co Buy
2016-04-22 Reiterated Rating FBR & Co. Outperform $20.00
2016-04-04 Reiterated Rating FBR & Co. Outperform $20.00
2016-02-11 Reiterated Rating FBR & Co. Buy $20.00
2016-01-31 Reiterated Rating FBR & Co. Outperform $20.00
2016-01-29 Lower Price Target Craig Hallum $22.00 to $19.00
2016-01-27 Downgrade Robert W. Baird Outperform to Neutral $22.00 to $14.00
2016-01-10 Reiterated Rating FBR & Co. Buy
2015-10-22 Reiterated Rating FBR & Co. Outperform $20.00
2015-10-20 Boost Price Target JPMorgan Chase & Co. $18.00 to $19.00
2015-07-20 Lower Price Target JPMorgan Chase & Co. Neutral $19.00 to $18.00
2015-01-29 Lower Price Target JPMorgan Chase & Co. Neutral $20.00 to $19.00
2015-01-26 Reiterated Rating JPMorgan Chase & Co. Hold $19.00 to $20.00
2015-01-23 Initiated Coverage Buckingham Research Outperform
2014-12-04 Upgrade KeyBanc Hold to Buy $21.50
2014-12-04 Upgrade KeyCorp Hold to Buy $21.50
2014-10-23 Reiterated Rating JPMorgan Chase & Co. Neutral $18.00 to $19.00
2014-10-02 Upgrade Wells Fargo & Co. Market Perform to Outperform
2014-10-02 Upgrade Wells Fargo Market Perform to Outperform
2014-09-22 Reiterated Rating JPMorgan Chase & Co. Neutral $16.50 to $18.00
2014-07-25 Boost Price Target Wellington Shields Gradually Accumulate to Buy $20.00 to $21.50
2014-05-02 Initiated
2014-05-02 Initiated Coverage FBR & Co. Outperform $19.50
2014-04-29 Initiated Coverage Pacific Crest Sector Perform
2014-04-24 Boost Price Target Robert W. Baird $21.00 to $22.50
2014-04-22 Reiterated Rating JPMorgan Chase & Co. Neutral $16.50
2014-01-30 Boost Price Target Robert W. Baird $19.50 to $21.00
2014-01-21 Upgrade Ned Davis Research Neutral to Buy
2014-01-13 Downgrade Ned Davis Research Buy to Neutral
2013-12-30 Downgrade Ned Davis Research Buy to Neutral
2013-10-24 Downgrade Guggenheim Buy to Neutral $13.50 to $17.00
2013-10-23 Boost Price Target Jefferies Group Hold $10.50 to $13.50
2013-10-23 Upgrade Craig Hallum Hold to Buy $10.00 to $18.00
2013-10-23 Upgrade Robert W. Baird Neutral to Outperform $13.50 to $19.50
2013-10-21 Reiterated Rating JPMorgan Chase & Co. Neutral $13.50
2013-07-09 Downgrade Robert W. Baird Outperform to Neutral
2009-10-26 Upgrade Wells Fargo Market Perform to Outperform
2009-06-18 Downgrade Robert W. Baird Outperform to Neutral $13
2009-01-12 Upgrade Robert W. Baird Neutral to Outperform $13
2008-10-22 Reiterated KeyBanc Capital Mkts Buy $20 to $14
2008-07-09 Reiterated Barrington Research Outperform $22 to $19
2007-10-18 Initiated Calyon Securities Reduce $17
2007-07-10 Reiterated Banc of America Sec Buy $24 to $26
2007-06-19 Upgrade Banc of America Sec Neutral to Buy $20 to $24
2016-06-18 Reiterated Rating FBR & Co. Buy
2016-06-18 Reiterated Rating FBR & Co Buy
2016-04-22 Reiterated Rating FBR & Co. Outperform $20.00
2016-04-04 Reiterated Rating FBR & Co. Outperform $20.00
2016-02-11 Reiterated Rating FBR & Co. Buy $20.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
LANTING ARLYN J 0.16%  (240000) GNTX /
Downing Steven R Chief Financial Officer 0.08%  (115778) GNTX /
JEN ENOCH C Senior Vice President 0.03%  (41644) GNTX /
Nash Kevin C Chief Accounting Officer 0.03%  (38732) GNTX /
Boehm Neil Chief Technology Officer 0.03%  (38379) GNTX /
MULDER JOHN A 0.02%  (36304) GNTX /
Hollars James A 0.02%  (35504) GNTX /
BAUER FRED Chairman of the Board & CEO 0.02%  (30000) GNTX /
Newton Mark W Senior Vice President 0.02%  (29200) GNTX /
SOTOK FREDERICK A 0.02%  (27696) GNTX /
Chiodo Matthew Vice President of Sales 0.02%  (25659) GNTX /
Ryan Scott P General Counsel 0.02%  (22237) GNTX /
Matthews Joseph E IV VIce President Purchasing 0.01%  (21120) GNTX /
Wallace James H 0.01%  (17400) GNTX /
TSUHA WALLACE K JR 0.01%  (17000) GNTX /
GOODE GARY F 0.01%  (16000) GNTX / UFPI /
Los Bruce A Senior Vice President 0.01%  (15194) GNTX /
Arnold John W VP of Operations Auto Products 0.01%  (10182) GNTX /
Flynn Paul V Vice President, Operations 0.01%  (9817) GNTX /