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 analyst gave a price target of 25, implying potential capital gains of 46.54 percent. The most pessimistic analyst gave a price target of 10, implying a possible loss of -41.38 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.59 percent. The average change in earnings estimates over the last 90 days 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 made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 6 analysts that revised their FY estimates downwards.
Analysts estimate earnings of GNTX to grow at a rate of -1.18 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of GNTX is -11.38.
In the trailing 52-weeks, GNTX hit 22.12 at the highest peak, while it's lowest trading point was 16.06. Currently the stock is 6.23 percent higher than its 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 market cap of GNTX is $5.01 billion. GNTX's next earnings release will be on 0000-00-00, which is days away.