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, which equates to a potential upside of 46.54 percent. The lowest price target was 10, implying potential capital losses of -41.38 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -4.59 percent on average, compared to last month. 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 5 analysts made negative revisions. 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.
Analysts estimate earnings of GNTX to grow at a rate of -1.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of GNTX is -11.38.
GNTX has a 52-week high of 22.12 and a 52-week low of 16.06. The current market price is above the trailing year's low by 6.23 percent, and 22.88 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.