Zacks Research Has Optimistic Outlook of Gentex Q3 Earnings

Gentex Corporation (NASDAQ:GNTX) – Equities researchers at Zacks Research upped their Q3 2026 earnings estimates for Gentex in a note issued to investors on Friday, August 14th. Zacks Research analyst Team now anticipates that the auto parts company will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.49. The consensus estimate for Gentex’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Gentex’s Q4 2026 earnings at $0.48 EPS, FY2026 earnings at $1.99 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $2.15 EPS, Q1 2028 earnings at $0.57 EPS, Q2 2028 earnings at $0.69 EPS and FY2028 earnings at $2.56 EPS.

Gentex (NASDAQ:GNTX) last released its quarterly earnings data on Friday, July 24th. The auto parts company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. Gentex had a net margin of 15.50% and a return on equity of 16.78%. The company had revenue of $651.30 million during the quarter, compared to the consensus estimate of $669.65 million. During the same period last year, the firm earned $0.43 EPS. Gentex’s revenue for the quarter was down 1.0% on a year-over-year basis.

A number of other analysts have also issued reports on GNTX. Robert W. Baird boosted their price objective on Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. decreased their price target on Gentex from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. B. Riley Financial reissued a “buy” rating and issued a $29.00 price target (up from $28.00) on shares of Gentex in a report on Monday, April 27th. Weiss Ratings upgraded shares of Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Finally, Freedom Capital cut shares of Gentex from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Gentex currently has a consensus rating of “Hold” and an average target price of $26.80.

Gentex Price Performance

NASDAQ:GNTX opened at $23.81 on Monday. Gentex has a 1 year low of $20.48 and a 1 year high of $29.38. The stock’s fifty day moving average price is $24.41 and its two-hundred day moving average price is $23.50. The company has a market cap of $5.07 billion, a P/E ratio of 12.60 and a beta of 0.79.

Hedge Funds Weigh In On Gentex

A number of institutional investors have recently made changes to their positions in GNTX. Royal Bank of Canada grew its position in Gentex by 33.1% in the first quarter. Royal Bank of Canada now owns 189,561 shares of the auto parts company’s stock worth $4,418,000 after acquiring an additional 47,150 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Gentex by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,321,634 shares of the auto parts company’s stock worth $30,794,000 after purchasing an additional 23,454 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Gentex by 255.6% in the 1st quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company’s stock worth $1,891,000 after purchasing an additional 58,323 shares in the last quarter. Invesco Ltd. increased its position in shares of Gentex by 8.0% during the 2nd quarter. Invesco Ltd. now owns 813,163 shares of the auto parts company’s stock valued at $17,881,000 after purchasing an additional 60,127 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Gentex by 2,038.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,512 shares of the auto parts company’s stock valued at $99,000 after purchasing an additional 4,301 shares during the last quarter. Institutional investors own 86.76% of the company’s stock.

Gentex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, July 8th. This represents a $0.48 annualized dividend and a yield of 2.0%. Gentex’s payout ratio is presently 25.40%.

About Gentex

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).