Analyst Ratings for Gentex Corp. (GNTX)Updated: 2017-07-28
Analysts covering Gentex Corp. (NASDAQ:GNTX) have given it a consensus rating of Overweight. About 30 days ago, GNTX was issued an average rating of Overweight.
6 analysts declared GNTX a buy, 0 issued an overweight rating, 5 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for GNTX. The most optimistic price target was 25, which equates to a potential upside of 46.54 percent. The minimum price target given was 10, implying potential capital losses of -41.38 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4.59 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.59 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.3 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.67 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 5 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts decreased their estimates.
The growth rate of GNTX's earnings is estimated by analysts to be -1.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. GNTX has a PEG ratio of -11.38.
In the last 52-weeks, GNTX has achieved a high of 22.12 and a low of 16.06. Today's price is 6.23 percent above the 52-week low, and below the high by 22.88 percent. GNTX has a price/earnings ratio of 13.43. Investors typically compare the P/E ratio to a company's peers in the industry. The GNTX value stock report compares GNTX to some of its peers using value stock charts. The stock has a market capitalization of $5.01 billion. GNTX will post this quarters earnings in days, on 0000-00-00.