A new trading day began on Monday, with Gentex Corp (NASDAQ: GNTX) stock price up 3.09% from the previous day of trading, before settling in for the closing price of $29.76. GNTX’s price has ranged from $28.30 to $37.58 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 5.08% over the past five years. Meanwhile, its annual earnings per share averaged 1.14%. With a float of $226.89 million, this company’s outstanding shares have now reached $227.44 million.
Let’s look at the performance matrix of the company that is accounted for 6245 employees. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Gentex Corp is 0.24%, while institutional ownership is 94.76%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.29% during the next five years compared to 2.52% growth over the previous five years of trading.
Gentex Corp (NASDAQ: GNTX) Trading Performance Indicators
Here are Gentex Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 20.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.87, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.08 in one year’s time.
Technical Analysis of Gentex Corp (GNTX)
Gentex Corp (NASDAQ: GNTX) saw its 5-day average volume 1.27 million, a negative change from its year-to-date volume of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 25.31%. Additionally, its Average True Range was 0.66.
During the past 100 days, Gentex Corp’s (GNTX) raw stochastic average was set at 38.95%, which indicates a significant decrease from 70.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.18% in the past 14 days, which was lower than the 24.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.99, while its 200-day Moving Average is $32.52. Nevertheless, the first resistance level for the watch stands at $31.01 in the near term. At $31.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.85. If the price goes on to break the first support level at $30.18, it is likely to go to the next support level at $29.68. Assuming the price breaks the second support level, the third support level stands at $29.34.
Gentex Corp (NASDAQ: GNTX) Key Stats
With a market capitalization of 6.98 billion, the company has a total of 227,432K Shares Outstanding. Currently, annual sales are 2,299 M while annual income is 428,400 K. The company’s previous quarter sales were 608,530 K while its latest quarter income was 122,550 K.
