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.
GNTX was given price targets by several analysts. The highest price target was 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.67 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 6 analysts made negative revisions to their fiscal year's estimates.
GNTX has an estimated earnings growth rate of -1.18 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers 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. 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 will post this quarters earnings in days, on 0000-00-00.