On Tuesday, Gentex Corp (NASDAQ: GNTX) opened lower -1.82% from the last session, before settling in for the closing price of $29.61. Price fluctuations for GNTX have ranged from $28.30 to $37.58 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 5.08%. Company’s average yearly earnings per share was noted 0.89% at the time writing. With a float of $226.89 million, this company’s outstanding shares have now reached $231.46 million.
Considering the fact that the conglomerate employs 6245 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 33.81%, operating margin of 21.29%, and the pretax margin is 21.62%.
Gentex Corp (GNTX) Insider Activity
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 94.68%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 0.89% 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 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80. Likewise, its price to free cash flow for the trailing twelve months is 18.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.87, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Gentex Corp (GNTX)
Compared to the last year’s volume of 1.46 million, its volume of 1.17 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.18%. Additionally, its Average True Range was 0.67.
During the past 100 days, Gentex Corp’s (GNTX) raw stochastic average was set at 10.97%, which indicates a significant increase from 4.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.37% in the past 14 days, which was lower than the 23.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.87, while its 200-day Moving Average is $32.84. Nevertheless, the first resistance level for the watch stands at $29.35 in the near term. At $29.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.83. If the price goes on to break the first support level at $28.87, it is likely to go to the next support level at $28.67. Should the price break the second support level, the third support level stands at $28.39.
Gentex Corp (NASDAQ: GNTX) Key Stats
There are currently 227,432K shares outstanding in the company with a market cap of 6.61 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 608,530 K and its income totaled 122,550 K.
