On Friday, Gentex Corp. (NASDAQ: GNTX) opened higher 0.77% from the last session, before settling in for the closing price of $29.69. Price fluctuations for GNTX have ranged from $27.86 to $37.58 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 5.08%. Company’s average yearly earnings per share was noted 1.38% at the time writing. With a float of $229.66 million, this company’s outstanding shares have now reached $231.46 million.
The extent of productivity of a business whose workforce counts for 6245 workers is very important to gauge. In terms of profitability, gross margin is 33.74%, operating margin of 21.45%, and the pretax margin is 21.02%.
Gentex Corp. (GNTX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Gentex Corp. is 0.24%, while institutional ownership is 93.02%. The most recent insider transaction that took place on Aug 23 ’24, was worth 15,762,500. In this transaction 10% Owner of this company bought 3,152,500 shares at a rate of $5.00, taking the stock ownership to the 6,463,808 shares. Before that another transaction happened on May 20 ’24, when Company’s Director sold 4,716 for $34.46, making the entire transaction worth $162,503. This insider now owns 3,764 shares in total.
Gentex Corp. (GNTX) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.44) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.62% during the next five years compared to 2.52% growth over the previous five years of trading.
Gentex Corp. (NASDAQ: GNTX) Trading Performance Indicators
Check out the current performance indicators for Gentex Corp. (GNTX). In the past quarter, the stock posted a quick ratio of 2.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 17.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.78, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.21 in one year’s time.
Technical Analysis of Gentex Corp. (GNTX)
The latest stats from [Gentex Corp., GNTX] show that its last 5-days average volume of 1.1 million was inferior to 1.45 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.88%. Additionally, its Average True Range was 0.62.
During the past 100 days, Gentex Corp.’s (GNTX) raw stochastic average was set at 23.08%, which indicates a significant decrease from 78.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.74% in the past 14 days, which was lower than the 22.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.80, while its 200-day Moving Average is $33.10. Now, the first resistance to watch is $30.23. This is followed by the second major resistance level at $30.55. The third major resistance level sits at $30.77. If the price goes on to break the first support level at $29.70, it is likely to go to the next support level at $29.49. The third support level lies at $29.17 if the price breaches the second support level.
Gentex Corp. (NASDAQ: GNTX) Key Stats
There are currently 231,184K shares outstanding in the company with a market cap of 6.89 billion. Presently, the company’s annual sales total 2,299 M according to its annual income of 428,400 K. Last quarter, the company’s sales amounted to 572,930 K and its income totaled 86,040 K.
