Public Employees Retirement System of Ohio bought a new position in shares of Gentex Corporation (NASDAQ:GNTX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 60,669 shares of the auto parts company’s stock, valued at approximately $1,533,000.
Several other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of Gentex by 33.1% during the 1st quarter. Royal Bank of Canada now owns 189,561 shares of the auto parts company’s stock valued at $4,418,000 after purchasing an additional 47,150 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Gentex by 1.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,321,634 shares of the auto parts company’s stock worth $30,794,000 after buying an additional 23,454 shares during the period. Empowered Funds LLC increased its stake in Gentex by 255.6% in the 1st quarter. Empowered Funds LLC now owns 81,142 shares of the auto parts company’s stock worth $1,891,000 after buying an additional 58,323 shares in the last quarter. Invesco Ltd. raised its holdings in Gentex by 8.0% during the second quarter. Invesco Ltd. now owns 813,163 shares of the auto parts company’s stock valued at $17,881,000 after acquiring an additional 60,127 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Gentex by 2,038.4% during the second quarter. EverSource Wealth Advisors LLC now owns 4,512 shares of the auto parts company’s stock valued at $99,000 after acquiring an additional 4,301 shares during the period. Hedge funds and other institutional investors own 86.76% of the company’s stock.
Analysts Set New Price Targets GNTX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Gentex from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Weiss Ratings raised Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. UBS Group reissued a “neutral” rating and issued a $25.00 price target (down from $26.00) on shares of Gentex in a report on Thursday, July 9th. Wall Street Zen downgraded Gentex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, Freedom Capital downgraded Gentex from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Gentex has a consensus rating of “Hold” and a consensus price target of $26.80.
Check Out Our Latest Stock Report on Gentex Gentex Price Performance NASDAQ GNTX opened at $23.14 on Tuesday. Gentex Corporation has a 1-year low of $20.48 and a 1-year high of $29.38. The business has a 50 day simple moving average of $23.72 and a two-hundred day simple moving average of $23.39. The stock has a market capitalization of $4.93 billion, a PE ratio of 12.24 and a beta of 0.80.
Gentex (NASDAQ:GNTX – Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The auto parts company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.08. The business had revenue of $651.30 million for the quarter, compared to analysts’ expectations of $669.65 million. Gentex had a return on equity of 16.78% and a net margin of 15.50%.The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. On average, analysts anticipate that Gentex Corporation will post 2.07 EPS for the current fiscal year.
Gentex Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Wednesday, October 7th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. Gentex’s dividend payout ratio is presently 25.40%.
About Gentex (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Further Reading Five stocks we like better than Gentex 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding GNTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX – Free Report).
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
ZEELAND, Mich., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 21, 2026, to shareholders of record of the common stock at the close of business on October 7, 2026.
About the Company
Founded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and ir.gentex.com.
Contact Information
Gentex Investor Relations
616-931-3505
This press release was published by a CLEAR® Verified individual.
Gentex Corporation (GNTX) Analyst/Investor Day August 27, 2026 8:30 AM EDT
Company Participants
Josh O'Berski - Vice President of Investor Relations
Steven Downing - President, CEO & Director
Kevin Nash - VP of Finance, CFO, Treasurer & Chief Accounting Officer
Neil Boehm - COO & CTO
Presentation
Josh O'Berski
Vice President of Investor Relations
All right. Thank you, everyone, for being here. My name is Josh O'Berski. I'm Gentex' Vice President of Investor Relations. I appreciate you all making the trek, and thanks for everyone on who's watching us as well. We -- just a quick couple of points of housekeeping. We are using the Q&A feature for the webcast. [Operator Instructions]
The other thing, and this is an apology for me. We had some AV issues this morning, and so we are running this presentation off with my computer. So if you see any messages pop up from my wife, you did not see them. If you see anything pop up on from my GC, you are now an accomplice in what you have seen and I apologize in advance for that. [indiscernible] With that said, thank you again for being here. We're going to have Steve kick off the presentation. There will be some tours later. If you do not have an itinerary, I've got them here. And if you need anything, just shoot me an e-mail or text.
Steven Downing
President, CEO & Director
Thanks, Josh. And if you feel off at any point, you need some privacy, let us know. Obviously, there's probably more important things than listening to us out there that you may need to deal with feel free to let us know. There's plenty of places we can get privacy. Once again, it is odd, like Josh understand about Josh and what he does for fun. But also, no one turned in scorecards for those of you who
On August 27, 2026, Gentex Corp GNTX shares fell 3.4% to a current price of $23.06. This decline comes amid a 52-week range with a high of $29.38 and a low of $20.48, reflecting ongoing volatility in the stock's performance.
GF Value™ verdict: Current price of $23.06 versus GF Value™ of $33.32 indicates a 30.8% undervaluation.GF Score™ of 88/100 suggests a strong overall performance based on various financial metrics.Notable signal: Financial Strength rated at 10/10, indicating exceptional stability and reliability.Is GNTX Overvalued or Undervalued?The current market price of Gentex Corp GNTX at $23.06 is significantly below the GuruFocus estimate of fair value, which is pegged at $33.32. This 30.8% margin of safety suggests that GNTX is undervalued, presenting a potential opportunity for investors. The GF Valuation label indicates that the stock is significantly undervalued, which suggests a favorable position for long-term investment if the company maintains its financial health and operational performance.
GF Value™ is essentially a proprietary intrinsic value estimate developed by GuruFocus, taking into account historical trading multiples, past growth patterns, and future performance forecasts. The substantial gap between the current price and GF Value™ could imply that the market has not fully recognized the underlying strength of Gentex Corp's business fundamentals.
How Does GNTX's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)12.2x18.1xForward P/E11.1xN/AGentex Corp's current P/E ratio of 12.2x is 32% lower than its 5-year median P/E of 18.1x, indicating that the stock is trading significantly below its historical valuation levels. This analysis aligns with the GF Value™ assessment, reinforcing the notion that GNTX is undervalued in the current market context.
What Does GNTX's GF Score™ Tell Us?The GF Score™ measures a company's performance across various financial metrics to provide a comprehensive overview of its health and potential. Gentex Corp has achieved a GF Score™ of 88/100, highlighting its strong financial position with particularly high ratings in financial strength and profitability.
MetricRatingGF Score™88Financial Strength10/10Profitability10/10Growth8/10Valuation4/10Momentum5/10The financial strength and profitability ratings of 10/10 reflect Gentex Corp's exceptional stability and ability to generate strong profits. However, the valuation rank of 4/10 indicates that the stock might not be as favorably priced compared to its peers. Overall, while GNTX showcases robust fundamentals, its valuation metrics suggest potential concerns that warrant attention.
What Are Gurus and Insiders Doing with GNTX?Currently, Gentex Corp is held by 9 different gurus, with 4 gurus increasing their positions and another 4 trimming their holdings in recent quarters. This mixed activity suggests a cautious approach among institutional investors, an important indicator of sentiment surrounding the stock.
On the insider front, there has been notable selling activity, with insiders selling $2.8 million worth of shares over the past 12 months and no recorded buying. This could raise some concerns regarding insider confidence in the company’s near-term outlook, as significant sales without any purchases may suggest a lack of optimism about future performance.
What This Means for InvestorsBased on the current GF Value™ assessment, Gentex Corp GNTX is considered undervalued at its current price of $23.06, especially given the significant margin of safety compared to the estimated fair value of $33.32. However, the insider selling and mixed guru activity suggest that potential investors should proceed with caution and consider the broader market dynamics and company-specific developments.
For further details on Gentex Corp GNTX, you can visit the Gentex Corp (GNTX) stock page, as well as explore the GF Value™ page for more insights.
Frequently Asked QuestionsWhat is GNTX's GF Score™?
The GF Score™ for Gentex Corp is 88/100, indicating strong overall performance based on financial metrics.
Is GNTX overvalued or undervalued?
Gentex Corp is currently considered undervalued, with a GF Value™ of $33.32 compared to its market price of $23.06.
What is GNTX's P/E ratio?
GNTX's P/E ratio is 12.2x, which is significantly lower than its 5-year median P/E of 18.1x, indicating it is trading below its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Miso Robotics stock: Is an IPO coming soon?Gentex NASDAQ: GNTX outlined its strategy to expand vehicle content, build non-automotive revenue streams and pursue additional electronics manufacturing opportunities during an investor presentation led by President and CEO Steve Downing, CFO Kevin Nash and COO and CTO Neil Boehm.
Downing said the company believes its financial performance and product pipeline distinguish it from broader concerns surrounding the automotive sector. He cited first-half results including roughly $100 million in year-over-year sales growth, a 170-basis-point increase in gross margin, operating income of $265 million, net income of $213 million and earnings per share of $1.06, compared with $0.92 a year earlier. Gentex repurchased 5.9 million shares for about $137 million during the first half.
Get Gentex alerts:
Guidance and 2027 Growth Drivers Analysts Recommend These Stocks To Cushion The Automotive SlumpGentex maintained its 2026 revenue outlook of $2.65 billion to $2.75 billion, which Downing said had been raised by $50 million at both ends of the range earlier in the year. The company lowered its operating-expense, tax-rate and capital-expenditure guidance, while maintaining its depreciation and amortization outlook. Downing said lower capital spending reflects available capacity for core auto-dimming products rather than reduced investment in future growth technologies.
The company continues to target revenue of $2.8 billion to $2.9 billion in 2027. Downing said the bridge to that outlook includes approximately $50 million each from Full Display Mirror, driver-monitoring systems and other growth areas. Gentex expects some headwinds from program runoffs and lower base-mirror volumes, including business it chose not to pursue with Volkswagen because it did not see a path to profitability.
Downing said Gentex expects continued pressure in lower-cost European vehicle segments and in China, where the company sees domestic purchasing preferences limiting its opportunity. He said Gentex’s long-term planning assumes little, if any, China business, making any improvement there potential upside.
Technology Content as a Growth Strategy Management emphasized that Gentex is seeking to reduce its dependence on global light-vehicle production and base auto-dimming mirrors by increasing the technology content it sells per vehicle. Downing noted that global light-vehicle production was about 95 million units in 2017, when Gentex generated $1.8 billion in revenue, compared with an estimated 93 million vehicles in 2025 and approximately $2.5 billion in revenue.
Full Display Mirror remains a key contributor. Gentex shipped about 3.2 million units last year, launched on 17 new models in 2025 and is currently present on 22 brands and 140 nameplates, according to Downing. The company expects unit growth of 200,000 to 400,000 this year and a similar increase next year.
Driver-monitoring systems are projected to generate approximately $50 million to $60 million in 2026 revenue and $80 million to $100 million in 2027. Boehm said the technology has launched with Hyundai, Kia and BMW, and the company expects continued deployment across platforms as vehicle architectures support the feature.
Gentex also expects its first dimmable visor application to enter production at the end of 2027. Downing said a baseline visor could carry an average selling price of $100 to $150 per unit, while versions with an embedded polarized mirror could have higher pricing. The company believes the product could follow a growth profile comparable to Full Display Mirror.
For large-area dimmable devices, primarily automotive sunroofs, Gentex is working to commercialize an electrochromic film that can be integrated into plastic substrates. Downing said the company is nearing completion of the engineering and validation work needed for automotive deployment, though a customer launch has been delayed. Gentex estimates the market could support pricing of $100 to $300 per square meter of substrate.
VOXX, Consumer Products and Manufacturing Expansion Gentex acquired VOXX International in 2025 for approximately $196 million. Downing said the company’s initial objectives were to grow the business, improve profitability and ultimately generate $40 million to $50 million in annual EBIT. For the first year of ownership, Gentex reported VOXX revenue of $355 million and gross margin of 30.5%, compared with its prior target range of $325 million to $375 million in revenue and roughly 28% gross margin.
The company now expects VOXX revenue of $360 million to $380 million with gross margin of 33% to 34%. Downing said cost discipline and reductions in selling, general and administrative expenses have contributed to the improvement while Gentex has sought to preserve research and development spending.
Gentex sees strategic value in VOXX’s Premium Audio Company, which includes brands such as Klipsch, Onkyo and Integra. Management said the acquisition gives Gentex consumer distribution relationships that could support cross-selling of HomeLink smart-home products, connected fire-protection products and future technologies.
Non-automotive revenue accounted for 14% of Gentex revenue in the second quarter, its highest level to date, Boehm said. The company also highlighted aerospace, fire protection and biometric access-control businesses as areas for expansion.
In addition, Gentex plans to expand contract electronics manufacturing. The company already produces more than 40 million printed circuit boards annually and expects to announce its first new contract-manufacturing program during its third-quarter earnings call. Downing said the business could eventually generate $1 billion to $2 billion in revenue, although it would operate at lower gross margins than Gentex-designed products.
Margins, Capital Allocation and Long-Term Outlook Nash said second-quarter gross margin was 37%, including benefits from more than $38 million in refunds of previously paid IEEPA tariffs. Gentex faces continued cost pressures from tariffs, precious metals and electronics, though management said it is pursuing material reductions, alternative supply sources and customer recoveries.
The company expects quarterly gross margins to be uneven as cost increases arrive before customer reimbursements. Nash said Gentex continues to view the core business as capable of operating in a 34% to 35% gross-margin range, while future contract manufacturing would have lower margins but require less capital.
Gentex has returned more than $4.3 billion to shareholders through dividends and share repurchases over the past decade, according to Nash. The company has approximately 30 million shares remaining under its repurchase authorization and expects to use them over roughly the next two and a half years. Downing said management continues to evaluate dividend increases and possible accelerated repurchases, while preserving flexibility for strategic opportunities.
Looking further ahead, Downing said Gentex sees a potential path to $4.5 billion to $7 billion in revenue over a 10-year horizon across automotive technology, contract manufacturing, premium audio and other markets. The company’s stated goal is to reach a $10 billion enterprise value by 2032.
About Gentex (NASDAQ:GNTX)Gentex Corporation NASDAQ: GNTX is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company's primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world's leading original equipment manufacturers (OEMs).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in Gentex Right Now?Before you consider Gentex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gentex wasn't on the list.
While Gentex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
BlackRock Inc. purchased a new stake in Gentex Corporation (NASDAQ:GNTX – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 21,776,286 shares of the auto parts company’s stock, valued at approximately $550,287,000. BlackRock Inc. owned about 10.23% of Gentex at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GNTX. Thompson Siegel & Walmsley LLC boosted its stake in shares of Gentex by 57.1% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 377,484 shares of the auto parts company’s stock worth $8,784,000 after acquiring an additional 137,245 shares during the period. Pacer Advisors Inc. increased its position in Gentex by 2,636.4% during the fourth quarter. Pacer Advisors Inc. now owns 799,243 shares of the auto parts company’s stock worth $18,598,000 after acquiring an additional 770,035 shares during the period. Hillsdale Investment Management Inc. increased its holdings in shares of Gentex by 25,026.7% during the first quarter. Hillsdale Investment Management Inc. now owns 188,450 shares of the auto parts company’s stock worth $4,118,000 after purchasing an additional 187,700 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Gentex by 3,905.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 700,693 shares of the auto parts company’s stock valued at $16,305,000 after acquiring an additional 683,201 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in Gentex in the second quarter valued at about $3,411,000. 86.76% of the stock is owned by institutional investors.
Gentex Price Performance GNTX opened at $23.59 on Tuesday. Gentex Corporation has a fifty-two week low of $20.48 and a fifty-two week high of $29.38. The firm has a market capitalization of $5.02 billion, a P/E ratio of 12.48 and a beta of 0.79. The company’s 50-day moving average is $24.23 and its 200 day moving average is $23.50.
Gentex (NASDAQ:GNTX – Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The auto parts company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The company had revenue of $651.30 million for the quarter, compared to analysts’ expectations of $669.65 million. Gentex had a net margin of 15.50% and a return on equity of 16.78%. Gentex’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. On average, equities research analysts expect that Gentex Corporation will post 2.04 earnings per share for the current year. Gentex Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were paid a $0.12 dividend. The ex-dividend date was Wednesday, July 8th. This represents a $0.48 annualized dividend and a yield of 2.0%. Gentex’s dividend payout ratio (DPR) is currently 25.40%.
Wall Street Analyst Weigh In A number of research firms recently issued reports on GNTX. B. Riley Financial reiterated a “buy” rating and set a $29.00 price objective (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. Weiss Ratings raised shares of Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Freedom Capital downgraded shares of Gentex from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Robert W. Baird increased their price target on Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Finally, UBS Group reissued a “neutral” rating and set a $25.00 price objective (down from $26.00) on shares of Gentex in a report on Thursday, July 9th. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $26.80.
Get Our Latest Analysis on GNTX
Gentex Company Profile (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Featured Stories Five stocks we like better than Gentex Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding GNTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX – Free Report).
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
Bank of America Corp DE raised its position in Gentex Corporation (NASDAQ:GNTX – Free Report) by 43.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,507,052 shares of the auto parts company’s stock after purchasing an additional 455,409 shares during the quarter. Bank of America Corp DE owned 0.71% of Gentex worth $32,929,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Edgestream Partners L.P. lifted its holdings in shares of Gentex by 523.6% during the first quarter. Edgestream Partners L.P. now owns 199,771 shares of the auto parts company’s stock worth $4,365,000 after purchasing an additional 167,736 shares during the period. South Dakota Investment Council increased its holdings in Gentex by 22.0% in the first quarter. South Dakota Investment Council now owns 421,137 shares of the auto parts company’s stock valued at $9,202,000 after purchasing an additional 75,996 shares during the period. Amundi acquired a new stake in Gentex in the first quarter valued at $601,000. Parvin Asset Management LLC raised its position in Gentex by 2.9% during the 1st quarter. Parvin Asset Management LLC now owns 44,720 shares of the auto parts company’s stock worth $977,000 after purchasing an additional 1,240 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Gentex by 69.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,142 shares of the auto parts company’s stock worth $69,000 after purchasing an additional 1,283 shares during the last quarter. 86.76% of the stock is owned by institutional investors and hedge funds.
Gentex Price Performance NASDAQ GNTX opened at $23.87 on Friday. The stock has a market capitalization of $5.08 billion, a P/E ratio of 12.63 and a beta of 0.79. The business has a 50 day simple moving average of $24.43 and a 200 day simple moving average of $23.50. Gentex Corporation has a one year low of $20.48 and a one year high of $29.38.
Gentex (NASDAQ:GNTX – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The auto parts company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. The firm had revenue of $651.30 million for the quarter, compared to analyst estimates of $669.65 million. Gentex had a return on equity of 16.78% and a net margin of 15.50%.The company’s revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 earnings per share. Equities analysts expect that Gentex Corporation will post 2.04 earnings per share for the current year.
Gentex Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $0.48 annualized dividend and a yield of 2.0%. Gentex’s dividend payout ratio is currently 25.40%.
Wall Street Analyst Weigh In A number of equities research analysts have commented on the company. B. Riley Financial reiterated a “buy” rating and issued a $29.00 price target (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. JPMorgan Chase & Co. lowered their price objective on Gentex from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. UBS Group reaffirmed a “neutral” rating and issued a $25.00 price objective (down from $26.00) on shares of Gentex in a research note on Thursday, July 9th. Robert W. Baird upped their target price on Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Finally, Weiss Ratings raised shares of Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Gentex presently has a consensus rating of “Hold” and a consensus target price of $26.80.
View Our Latest Analysis on Gentex
More Gentex News Here are the key news stories impacting Gentex this week:
Positive Sentiment: Zacks raised its FY2026 EPS forecast to $1.99 from $1.91, reflecting higher estimates for both the third quarter, now $0.51 versus $0.49, and fourth quarter, now $0.48 versus $0.47. The improvement provides a positive signal for Gentex’s near-term earnings outlook. Positive Sentiment: The firm also lifted its FY2027 EPS forecast to $2.15 from $2.13, with the third-quarter estimate increasing to $0.60 from $0.55 and the fourth-quarter estimate rising to $0.53 from $0.49. Positive Sentiment: Gentex’s current-year outlook remains close to the broader analyst consensus of $2.02 per share. The company’s relatively low P/E ratio of about 12.6 may also make the stock more responsive to signs of improving earnings expectations. Neutral Sentiment: The revisions were not uniformly positive. Zacks increased its Q2 2028 EPS forecast to $0.69 from $0.67, but maintained its FY2028 forecast at $2.56 after separately lowering it from $2.60, indicating modestly softer long-term expectations. Negative Sentiment: Estimates for Q1 2027 were reduced to $0.48 from $0.51, Q2 2027 to $0.54 from $0.57, and Q1 2028 to $0.57 from $0.62. These cuts could limit the stock’s upside by raising concerns about uneven growth in some future periods. Gentex Company Profile (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Featured Articles Five stocks we like better than Gentex Is Best Buy the AI Winner Hiding in the Electronics Aisle? Applied Materials Beat Everything but Wall Street’s Expectations for Margins Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBank of America Corp DE Increases Stake in Morningstar, Inc. $MORN
NEXT HEADLINE »Bank of America Corp DE Trims Holdings in Frontdoor Inc. $FTDR
Assenagon Asset Management S.A. acquired a new position in Gentex Corporation (NASDAQ:GNTX – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 134,967 shares of the auto parts company’s stock, valued at approximately $3,411,000. Assenagon Asset Management S.A. owned approximately 0.06% of Gentex as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of GNTX. Anchor Investment Management LLC acquired a new position in shares of Gentex during the 1st quarter worth approximately $26,000. AdvisorNet Financial Inc raised its position in shares of Gentex by 2,299.0% in the first quarter. AdvisorNet Financial Inc now owns 2,399 shares of the auto parts company’s stock valued at $52,000 after buying an additional 2,299 shares in the last quarter. Arax Advisory Partners bought a new stake in shares of Gentex in the fourth quarter valued at approximately $52,000. Employees Retirement System of Texas acquired a new stake in Gentex during the fourth quarter worth approximately $56,000. Finally, Clearstead Advisors LLC grew its position in Gentex by 21.4% during the fourth quarter. Clearstead Advisors LLC now owns 2,479 shares of the auto parts company’s stock worth $58,000 after buying an additional 437 shares in the last quarter. Institutional investors own 86.76% of the company’s stock.
Insider Activity at Gentex In other Gentex news, Director Brian C. Walker sold 5,939 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $22.98, for a total value of $136,478.22. Following the sale, the director owned 24,205 shares in the company, valued at $556,230.90. This trade represents a 19.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Joseph B. Anderson, Jr. sold 5,939 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $22.98, for a total transaction of $136,478.22. Additional details regarding this sale are available in the official SEC disclosure. 0.55% of the stock is owned by corporate insiders.
Gentex Stock Down 2.2% NASDAQ:GNTX opened at $23.40 on Thursday. Gentex Corporation has a twelve month low of $20.48 and a twelve month high of $29.38. The stock’s 50-day simple moving average is $24.47 and its 200 day simple moving average is $23.50. The firm has a market capitalization of $4.98 billion, a PE ratio of 12.38 and a beta of 0.79.
Gentex (NASDAQ:GNTX – Get Free Report) last issued its earnings results on Friday, July 24th. The auto parts company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. Gentex had a return on equity of 16.78% and a net margin of 15.50%.The firm had revenue of $651.30 million during the quarter, compared to the consensus estimate of $669.65 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The business’s quarterly revenue was down 1.0% on a year-over-year basis. On average, analysts anticipate that Gentex Corporation will post 2.02 EPS for the current fiscal year.
Gentex Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, July 8th. Gentex’s dividend payout ratio is currently 25.40%.
Analyst Ratings Changes A number of equities analysts have commented on GNTX shares. UBS Group restated a “neutral” rating and set a $25.00 price objective (down from $26.00) on shares of Gentex in a research note on Thursday, July 9th. Weiss Ratings raised Gentex from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Wall Street Zen cut Gentex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Freedom Capital downgraded Gentex from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $29.00 price objective (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Gentex currently has an average rating of “Hold” and an average price target of $26.80.
Read Our Latest Analysis on Gentex
Gentex Profile (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Read More Five stocks we like better than Gentex GE Vernova’s AI Power Boom Faces a Profit Test Cardinal Health Earnings: Can Perfection Get Priced In Twice? Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINENorwegian Cruise Line Holdings Ltd. $NCLH Shares Purchased by Bank of America Corp DE
NEXT HEADLINE »Bank of America Corp DE Boosts Stake in Bread Financial Holdings, Inc. $BFH
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Gentex (GNTX - Free Report) Gentex Corporation, based in Zeeland, MI, supplies automatic-dimming rear-view mirrors and electronics to the automotive industry. It also sells fire protection products and dimmable aircraft windows, and has expanded into premium audio and other consumer electronics through acquisitions.
GNTX is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Auto-Tires-Trucks stock. GNTX has a Momentum Style Score of B, and shares are up 0.3% over the past four weeks.
For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $1.99 per share. GNTX boasts an average earnings surprise of +5.7%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GNTX should be on investors' short list.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Gentex (GNTX - Free Report) is a stock many investors are watching right now. GNTX is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 15.03, which compares to its industry's average of 18.27. Over the last 12 months, GNTX's Forward P/E has been as high as 15.46 and as low as 10.60, with a median of 13.03.
We should also highlight that GNTX has a P/B ratio of 2.59. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 4.21. GNTX's P/B has been as high as 2.97 and as low as 1.89, with a median of 2.41, over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Gentex is likely undervalued currently. And when considering the strength of its earnings outlook, GNTX sticks out as one of the market's strongest value stocks.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of GNTX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The Zacks Automotive - Original Equipment industry outlook is shaped by changing consumer dynamics, technological advancements, cost pressure and evolving supply chains. While vehicle demand remains resilient, affordability challenges and higher financing costs continue to limit growth. At the same time, the shift toward electrification, advanced safety systems, and software-defined vehicles is creating new opportunities for capable suppliers. However, rising investments, tariff uncertainty and margin pressures highlight the importance of innovation, operational efficiency and strategic adaptability.
A few industry players such as Lear Corporation (LEA - Free Report) , Gentex Corporation (GNTX - Free Report) and Hesai Group (HSAI - Free Report) are positioned to benefit from rising vehicle technology adoption, growing content per vehicle and the transition toward smarter, safer, and more connected automobiles.
About the Industry The Zacks Automotive - Original Equipment Industry comprises companies that design, engineer, and manufacture components and systems for vehicle manufacturers. These products span powertrain, driveline, metal forming, safety, and structural technologies supporting electric, hybrid, and internal combustion vehicles. OEM suppliers focus on improving vehicle safety, performance, efficiency, and cost competitiveness while meeting increasingly stringent regulatory and emissions standards. The industry primarily serves global automotive manufacturers, with demand closely tied to vehicle production volumes and model mix.
Key Investing Themes Affordability Remains a Key Challenge: The U.S. auto market has remained relatively resilient in 2026 despite economic uncertainty. However, affordability continues to weigh on vehicle demand. High interest rates, elevated living costs and tighter household budgets are reducing consumers' purchasing power, making new vehicle purchases more difficult. Industry forecasts also point to a modest decline of around 3% in vehicle sales this year. Since demand for automotive equipment largely depends on vehicle production and sales, weaker market volumes could slow order growth and create a challenging operating environment for suppliers.
Technology Is Reshaping the Industry:The automotive equipment industry is evolving rapidly as automakers shift toward electric, hybrid, and software-defined vehicles. This transition is increasing demand for lightweight components, EV-focused systems, advanced safety technologies, and electronic content. Autonomous vehicles, electrification and advanced driver-assistance systems are changing supplier requirements. Companies with strong engineering capabilities, innovative product portfolios, and the ability to adapt to new vehicle platforms are likely to gain market share as the industry continues to evolve.
Cost Discipline Is Becoming More Important: As vehicle technology becomes more advanced, suppliers are facing higher development and manufacturing costs. Increased spending on research and development, factory upgrades, skilled labor, and new materials is putting pressure on profitability. At the same time, customers continue to demand better performance and more advanced features. In this environment, efficient operations, disciplined capital spending, and optimized supply chains are becoming critical. Companies that successfully balance innovation with cost control are better positioned to protect margins and deliver consistent long-term growth.
Tariffs Are Driving Supply Chain Changes:Trade policies continue to influence the automotive equipment industry in the United States. Tariffs on imported auto parts have increased costs and encouraged automakers to source more components from regional suppliers. While greater localization can reduce tariff exposure and strengthen supply chain resilience, it also requires significant investment in new manufacturing capacity. Suppliers with established regional production networks are better equipped to manage these changes, while smaller companies may face higher costs and greater execution risks as supply chains continue to adjust.
Zacks Industry Rank Isn't Too Encouraging The Zacks Automotive - Original Equipment Industry is part of the broader Zacks Autos/ Tires/ Trucks sector. It carries a Zacks Industry Rank #152, which places it in the bottom 38% of more than 245 Zacks industries.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates mixed to dull near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
The industry’s position in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence about this group’s earnings growth potential. Over the past year, the industry’s earnings estimates for the current year have declined 11.2%.
Before we present a few stocks that you may still want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and valuation picture.
Industry Lags Sector and S&P 500 The Zacks Automotive - Original Equipment Industry has underperformed the S&P 500 and its sector over the past year. The industry has lost 12.4% over this period against the sector and the S&P 500’s growth of 3.5% and 20%, respectively.
One-Year Price Performance
Industry's Current Valuation Since automotive companies are debt-laden, it makes sense to value them based on the Enterprise Value/ Earnings before Interest Tax Depreciation and Amortization (EV/EBITDA) ratio.
Based on the trailing 12-month enterprise value to EBITDA (EV/EBITDA), the industry is currently trading at 18.18X compared with the S&P 500’s 18.21X and the sector’s 25.07X.
Over the past five years, the industry has traded as high as 22.77X and as low as 7.25X, with the median being 17.51X, as the chart below shows.
EV/EBITDA Ratio (Past 5 Years)
3 Stocks Worth Buying Lear: The companyremains well positioned in the automotive equipment industry through its two core businesses— Seating and E-Systems— supplying leading global automakers. Its growth outlook is supported by new program wins across both segments, while recent acquisitions are strengthening its capabilities in thermal comfort solutions, vertical integration, and automation. Lear continues to target its thermal comfort module business reaching $1 billion in revenues by 2027, supported by acquired seating assets.
Lear is also focused on improving profitability through its IDEA and restructuring initiatives. The company expects these programs to deliver $75 million in automation savings and $80 million in restructuring benefits in 2026. Strong cash generation remains another positive, with management targeting over 80% free cash flow conversion and reaffirming 2026 free cash flow guidance of $550-$650 million.
Lear currently carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for LEA’s 2026 and 2027 EPS implies year-over-year growth of 16% each. The consensus mark for 2026 and 2027 EPS has moved north by 17 cents and 11 cents, respectively, over the past 30 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Price & Consensus: LEA
Gentex: It is strengthening its position in the automotive equipment market by leveraging its expertise in automatic-dimming rear-view mirrors and advanced vehicle electronics. The company is benefiting from the rising adoption of technologies such as Full Display Mirrors, Driver Monitoring Systems, and In-Cabin Monitoring Systems, which are increasing content per vehicle. Beyond its core automotive business, Gentex is diversifying through premium audio, biometrics, fire protection products, and aircraft windows, creating additional growth opportunities.
The company is also investing for long-term expansion, including a new manufacturing facility in Morocco to support European customers seeking localized production. Operational improvements, higher-margin product growth and an improved gross margin outlook are expected to support profitability. With a debt-free balance sheet, strong cash position, and shareholder-friendly capital allocation, Gentex is well positioned to pursue growth while maintaining financial flexibility.
Gentex currently carries a Zacks Rank #2. The Zacks Consensus Estimate for GNTX’s 2026 and 2027 EPS implies year-over-year growth of 9% and 11%, respectively. The consensus mark for 2026 and 2027 EPS has moved north by a cent each over the past 30 days.
Price & Consensus: GNTX
Hesai: It is emerging as a leading player in the 3D perception market, with lidar adoption in advanced driver assistance systems serving as a major growth catalyst. The company expects lidar shipments to nearly double to 3-3.5 million units in 2026, following record deliveries of 1.6 million units in 2025. Hesai’s technology is gaining strong industry acceptance, with its lidar solutions featured across multiple vehicle models from leading automakers including Audi, BYD, Xiaomi, Li Auto and Cadillac.
Innovation remains a key differentiator for Hesai. The company recently introduced Picasso, the industry’s first 6D full-color lidar chip, designed to enhance perception accuracy by combining color imaging with 3D sensing. Additionally, its next-generation ETX platform is expected to begin mass production in late 2026, supporting broader adoption from 2027 onward. With expanding automotive partnerships and advancing technology, Hesai is positioned to benefit from the long-term growth of autonomous driving and intelligent vehicles.
Hesai currently carries a Zacks Rank #2. The Zacks Consensus Estimate for HSAI’s 2026 and 2027 EPS implies year-over-year growth of 54% and 81%, respectively. The consensus mark for 2026 and 2027 revenues implies a year-over-year increase of 55% and 42%, respectively.
Key Takeaways Gentex's Q2 earnings rose 16% and beat estimates, while revenues fell 1% and missed expectations.Favorable mix, cost control and tariff reimbursements lifted gross margin 280 basis points to 37%.Gentex raised its 2026 gross margin outlook and reported a 20% increase in free cash flow. Gentex Corporation (GNTX - Free Report) reported second-quarter 2026 adjusted earnings of 58 cents per share, beating the Zacks Consensus Estimate of 50 cents by 16%. Earnings rose 16% from the year-ago quarter. Revenues, however, declined 1% year over year to $651.3 million and missed the consensus mark of $669 million by 2.6%.
Profitability stemmed from favorable product mix, disciplined cost management and tariff reimbursements. Non-automotive revenues accounted for about 14% of quarterly sales, helping offset weaker automotive demand and lower mirror shipments.
Gentex's Segmental PerformanceAutomotive net sales fell to $560.1 million from $578.1 million a year earlier. The decline reflected lower light-vehicle production and reduced shipments of base auto-dimming mirrors. Strength in North America, new technology launches and higher content per vehicle partly cushioned the pressure.
Total auto-dimming mirror shipments decreased 10% year over year to 10.4 million units. North American mirror shipments rose 6%, supported by gains in both interior and exterior products. However, international shipments declined 18%, including a 26% drop in international interior mirrors. China revenues fell about 20% amid tariff-related market disruptions.
Premium Audio revenues increased 16% year over year to $51.7 million. Growth was driven by the Powered Systems and Onkyo brands, supported by new product launches and continued demand across premium audio categories.
Other Products revenues rose 12% to $39.4 million. Aerospace products, biometric solutions and accessories supported the improvement, while automotive aftermarket sales remained a partial offset. The gains demonstrated Gentex’s progress in reducing its reliance on the traditional automotive mirror business.
Gentex's Gross Margin ExpandsGross margin increased 280 basis points year over year to 37%. The company recorded an approximately $18 million benefit from IEEPA tariff reimbursements that lowered the cost of goods sold. Favorable product mix also helped, partly offset by higher commodity costs and reduced sales volumes.
Adjusted operating expenses totaled $99.3 million, up from $97.5 million. Adjusted operating income advanced to $141.7 million from $130.3 million, while adjusted net income attributable to Gentex increased to $122.9 million from $110.9 million. Margins improved sequentially even after excluding the tariff benefit.
GNTX Generates Stronger Free Cash FlowPreliminary operating cash flow increased to $180.9 million from $166.1 million in the prior-year quarter. Capital expenditures declined to $19.2 million from $31.1 million, helping free cash flow climb 20% to $161.7 million.
Cash and cash equivalents totaled $233.4 million as of June 30, 2026, compared with $145.6 million at the end of 2025. Gentex repurchased 2.7 million shares for $66 million during the quarter. Year-to-date repurchases totaled 5.9 million shares for $137.6 million.
Gentex Lifts 2026 Gross Margin TargetGentex maintained its 2026 revenue guidance of $2.65-$2.75 billion. However, the company raised its gross margin outlook to 34.5%-35.5% from 34%-35%, reflecting stronger operating execution and the tariff-related benefit.
The company lowered its operating expense forecast to $405-$415 million from $410-$420 million. It also reduced its projected tax rate to 16%-17% and capital expenditure guidance to $115-$125 million. The 2027 revenue forecast was reaffirmed at $2.8-$2.9 billion.
GNTX Advances New Technology ProgramsGentex continued expanding its Full Display Mirror portfolio, with new launches on vehicles from Jeep, Infiniti, McLaren, Toyota and Subaru. Driver and in-cabin monitoring systems also began shipping on new BMW and Kia programs. Management expects these products to contribute more meaningfully during the second half of 2026.
The company is establishing a manufacturing facility in Morocco to support European customers, with production targeted for 2028. Gentex also expects to secure its first advanced electronics contract-manufacturing award, potentially representing a $100-$200 million revenue opportunity, with production planned for late 2028 or early 2029.
Gentex currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From the Auto SpaceGeneral Motors (GM - Free Report) reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.
Tesla (TSLA - Free Report) reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years.
Genuine Parts (GPC - Free Report) reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash.
Entropy Technologies LP grew its stake in shares of Gentex Corporation (NASDAQ:GNTX – Free Report) by 248.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 87,044 shares of the auto parts company’s stock after acquiring an additional 62,076 shares during the quarter. Entropy Technologies LP’s holdings in Gentex were worth $1,902,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership lifted its position in Gentex by 21.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,995,044 shares of the auto parts company’s stock worth $65,442,000 after purchasing an additional 534,905 shares during the period. Sei Investments Co. increased its holdings in Gentex by 0.3% in the 1st quarter. Sei Investments Co. now owns 196,776 shares of the auto parts company’s stock valued at $4,300,000 after buying an additional 521 shares during the period. Lido Advisors LLC raised its position in shares of Gentex by 20.5% in the 1st quarter. Lido Advisors LLC now owns 14,094 shares of the auto parts company’s stock valued at $308,000 after buying an additional 2,396 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Gentex by 1.6% in the 1st quarter. First Citizens Bank & Trust Co. now owns 30,294 shares of the auto parts company’s stock valued at $662,000 after buying an additional 487 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Gentex by 51.9% during the 1st quarter. First Trust Advisors LP now owns 1,155,278 shares of the auto parts company’s stock worth $25,243,000 after acquiring an additional 394,778 shares during the period. 86.76% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Gentex Here are the key news stories impacting Gentex this week:
Positive Sentiment: Gentex reported quarterly EPS of $0.58, above the $0.50 consensus estimate, showing stronger-than-expected profitability. Gentex Tops Q2 Earnings Estimates Positive Sentiment: The company reaffirmed its FY2026 and FY2027 outlook and guided revenue above consensus ranges, which suggests management remains confident in longer-term demand. Gentex Warns China Sales Will Keep Falling Through 2027 Neutral Sentiment: Gentex’s earnings call transcript and earnings snapshots should provide more detail on margin trends, vehicle production assumptions, and management’s commentary, but they are not direct catalysts by themselves. Gentex Corporation Q2 2026 Earnings Call Transcript Negative Sentiment: Revenue came in below expectations at $651.3 million versus $669.65 million expected, and the company said China sales are likely to keep declining through 2027, raising concerns about growth. Gentex falls after Q2 revenue miss amid auto sales weakness Negative Sentiment: Broader auto-sales weakness and the revenue miss point to softer end-market demand, which is likely pressuring the stock despite the EPS beat. Gentex Stock Performance Shares of GNTX stock opened at $22.90 on Monday. The business’s 50-day moving average price is $24.49 and its 200-day moving average price is $23.52. Gentex Corporation has a 12 month low of $20.48 and a 12 month high of $29.38. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 12.12 and a beta of 0.78.
Gentex (NASDAQ:GNTX – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The auto parts company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. The company had revenue of $651.30 million during the quarter, compared to the consensus estimate of $669.65 million. Gentex had a return on equity of 16.78% and a net margin of 15.50%.The firm’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 earnings per share. On average, sell-side analysts predict that Gentex Corporation will post 1.97 earnings per share for the current fiscal year.
Gentex Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. Gentex’s dividend payout ratio (DPR) is presently 25.40%.
Wall Street Analyst Weigh In Several analysts recently issued reports on GNTX shares. B. Riley Financial reiterated a “buy” rating and set a $29.00 price target (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. Wall Street Zen cut Gentex from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. UBS Group reissued a “neutral” rating and set a $25.00 price target (down from $26.00) on shares of Gentex in a report on Thursday, July 9th. Robert W. Baird upped their price objective on Gentex from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Finally, Weiss Ratings raised Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $27.00.
Read Our Latest Stock Analysis on GNTX
Insider Activity In related news, Director Joseph B. Anderson, Jr. sold 5,939 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $22.98, for a total value of $136,478.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard O. Schaum sold 4,815 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $23.31, for a total value of $112,237.65. Following the transaction, the director directly owned 81,443 shares of the company’s stock, valued at approximately $1,898,436.33. This represents a 5.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 16,693 shares of company stock valued at $385,194. Insiders own 0.55% of the company’s stock.
About Gentex (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Recommended Stories Five stocks we like better than Gentex RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding GNTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX – Free Report).
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBradley Foster & Sargent Inc. CT Sells 42,738 Shares of Adobe Inc. $ADBE
NEXT HEADLINE »Entropy Technologies LP Makes New Investment in Marriott International, Inc. $MAR
Dimensional Fund Advisors LP increased its position in Gentex Corporation (NASDAQ:GNTX – Free Report) by 12.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,463,299 shares of the auto parts company’s stock after acquiring an additional 833,919 shares during the quarter. Dimensional Fund Advisors LP owned about 3.49% of Gentex worth $163,067,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GNTX. Bank of Montreal Can lifted its holdings in Gentex by 14,398.7% during the fourth quarter. Bank of Montreal Can now owns 7,726,057 shares of the auto parts company’s stock valued at $179,785,000 after purchasing an additional 7,672,769 shares in the last quarter. Caisse de depot et placement du Quebec increased its stake in shares of Gentex by 297.0% in the fourth quarter. Caisse de depot et placement du Quebec now owns 3,144,881 shares of the auto parts company’s stock worth $73,181,000 after purchasing an additional 2,352,668 shares in the last quarter. Norges Bank bought a new stake in shares of Gentex during the 4th quarter valued at $52,767,000. Wellington Management Group LLP raised its position in shares of Gentex by 10.3% during the 3rd quarter. Wellington Management Group LLP now owns 14,828,120 shares of the auto parts company’s stock valued at $419,636,000 after purchasing an additional 1,383,203 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Gentex by 118.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,460,139 shares of the auto parts company’s stock valued at $57,247,000 after buying an additional 1,331,998 shares in the last quarter. Institutional investors own 86.76% of the company’s stock.
More Gentex News Here are the key news stories impacting Gentex this week:
Positive Sentiment: Gentex reported quarterly EPS of $0.58, above the $0.50 consensus estimate, showing stronger-than-expected profitability. Gentex Tops Q2 Earnings Estimates Positive Sentiment: The company reaffirmed its FY2026 and FY2027 outlook and guided revenue above consensus ranges, which suggests management remains confident in longer-term demand. Gentex Warns China Sales Will Keep Falling Through 2027 Neutral Sentiment: Gentex’s earnings call transcript and earnings snapshots should provide more detail on margin trends, vehicle production assumptions, and management’s commentary, but they are not direct catalysts by themselves. Gentex Corporation Q2 2026 Earnings Call Transcript Negative Sentiment: Revenue came in below expectations at $651.3 million versus $669.65 million expected, and the company said China sales are likely to keep declining through 2027, raising concerns about growth. Gentex falls after Q2 revenue miss amid auto sales weakness Negative Sentiment: Broader auto-sales weakness and the revenue miss point to softer end-market demand, which is likely pressuring the stock despite the EPS beat. Gentex Price Performance NASDAQ:GNTX opened at $22.90 on Friday. The company has a market cap of $4.88 billion, a price-to-earnings ratio of 12.12 and a beta of 0.78. Gentex Corporation has a 1 year low of $20.48 and a 1 year high of $29.38. The stock’s 50 day simple moving average is $24.49 and its two-hundred day simple moving average is $23.53.
Gentex (NASDAQ:GNTX – Get Free Report) last posted its earnings results on Friday, July 24th. The auto parts company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. Gentex had a return on equity of 16.27% and a net margin of 14.75%.The firm had revenue of $651.30 million during the quarter, compared to the consensus estimate of $669.65 million. During the same period in the prior year, the company earned $0.43 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. As a group, analysts anticipate that Gentex Corporation will post 1.97 EPS for the current year.
Gentex Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, July 8th. This represents a $0.48 annualized dividend and a yield of 2.1%. Gentex’s dividend payout ratio (DPR) is 25.40%.
Insider Buying and Selling at Gentex In other Gentex news, Director Joseph B. Anderson, Jr. sold 5,939 shares of Gentex stock in a transaction on Friday, May 15th. The shares were sold at an average price of $22.98, for a total value of $136,478.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian C. Walker sold 5,939 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $22.98, for a total transaction of $136,478.22. Following the completion of the sale, the director owned 24,205 shares in the company, valued at approximately $556,230.90. This trade represents a 19.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 16,693 shares of company stock worth $385,194 over the last 90 days. 0.55% of the stock is owned by insiders.
Wall Street Analyst Weigh In GNTX has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Gentex from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. UBS Group restated a “neutral” rating and issued a $25.00 price objective (down from $26.00) on shares of Gentex in a research report on Thursday, July 9th. Wall Street Zen downgraded Gentex from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings raised Gentex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Finally, B. Riley Financial reiterated a “buy” rating and set a $29.00 target price (up from $28.00) on shares of Gentex in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Gentex currently has an average rating of “Hold” and a consensus target price of $27.00.
Read Our Latest Analysis on Gentex
About Gentex (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Featured Articles Five stocks we like better than Gentex Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEEastern Bankshares, Inc. $EBC Shares Sold by Dimensional Fund Advisors LP
NEXT HEADLINE »Cushman & Wakefield PLC $CWK Shares Bought by Dimensional Fund Advisors LP
Gentex Corporation (GNTX) Q2 2026 Earnings Call July 24, 2026 9:30 AM EDT
Company Participants
Josh O'Berski - Vice President of Investor Relations
Steven Downing - President, CEO & Director
Kevin Nash - VP of Finance, CFO, Treasurer & Chief Accounting Officer
Neil Boehm - COO & CTO
Conference Call Participants
Joseph Spak - UBS Investment Bank, Research Division
Davis Baker - Robert W. Baird & Co. Incorporated, Research Division
James Picariello - BNP Paribas, Research Division
Josh Nichols - B. Riley Securities, Inc., Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
David Whiston - Morningstar Inc., Research Division
Rajat Gupta - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Gentex Reports Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Josh O'Berski, Vice President of Investor Relations.
Josh O'Berski
Vice President of Investor Relations
Thank you. Good morning, and thank you for joining us today for our second quarter 2026 earnings conference call. I'm Josh O'Berski, Gentex's Vice President of Investor Relations. And with me today are Steve Downing, President and CEO; Neil Boehm, COO and CTO; and Kevin Nash, Vice President of Finance and CFO.
Please note that a replay of this conference call webcast, along with edited transcripts will be available following the call in the Investors section of our website at ir.gentex.com. Many of the statements made today during the call are forward-looking and reflect our current expectations. These statements involve a number of risks and uncertainties, both known and unknown, including those described in our press release issued this morning and in our annual report on Form 10-K for the year ended December 31, 2025, as well as general economic conditions.
Gentex (GNTX - Free Report) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +16.00%. A quarter ago, it was expected that this maker of automatic-dimming rearview mirrors and other products would post earnings of $0.44 per share when it actually produced earnings of $0.48, delivering a surprise of +9.09%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Gentex, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $651.3 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.64%. This compares to year-ago revenues of $657.86 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gentex shares have added about 2.3% since the beginning of the year versus the S&P 500's gain of 8.2%.
What's Next for Gentex?While Gentex has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Gentex was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.50 on $668.26 million in revenues for the coming quarter and $1.97 on $2.68 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, EVgo Inc. (EVGO - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This company is expected to post quarterly loss of $0.20 per share in its upcoming report, which represents a year-over-year change of -100%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
EVgo Inc.'s revenues are expected to be $81.78 million, down 16.6% from the year-ago quarter.
Shares of Gentex (GNTX - Free Report) have been struggling lately and have lost 7.6% over the past four weeks. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.
While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this maker of automatic-dimming rearview mirrors and other products is a solid fundamental factor that enhances the prospects of a trend reversal for the stock.
Understanding Hammer Chart and the Technique to Trade ItThis is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Increases the Odds of a Turnaround for GNTXThere has been an upward trend in earnings estimate revisions for GNTX lately, which can certainly be considered a bullish indicator on the fundamental side. That's because a positive trend in earnings estimate revisions usually translates into price appreciation in the near term.
The consensus EPS estimate for the current year has increased 0.4% over the last 30 days. This means that the Wall Street analysts covering GNTX are majorly in agreement about the company's potential to report better earnings than what they predicted earlier.
If this is not enough, you should note that GNTX currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Moreover, a Zacks Rank of 2 for Gentex is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company's prospects are beginning to improve.
Gentex (GNTX - Free Report) reported $651.3 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 1%. EPS of $0.58 for the same period compares to $0.47 a year ago.
The reported revenue represents a surprise of -2.64% over the Zacks Consensus Estimate of $668.96 million. With the consensus EPS estimate being $0.50, the EPS surprise was +16%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gentex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Auto-Dimming Mirror Shipments - Total Interior Mirrors: 6.28 million versus the two-analyst average estimate of 7.1 million.Auto-Dimming Mirror Shipments - Total Exterior Mirrors: 4.14 million versus 3.97 million estimated by two analysts on average.Auto-Dimming Mirror Shipments - Total Auto-Dimming Mirror Units: 10.42 million versus 11.06 million estimated by two analysts on average.Auto-Dimming Mirror Shipments - Total North American Mirror Units: 3.98 million compared to the 3.71 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - International Exterior Mirrors: 2.51 million compared to the 2.44 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - North American Exterior Mirrors: 1.63 million compared to the 1.52 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - Total International Mirror Units: 6.44 million compared to the 7.35 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - International Interior Mirrors: 3.93 million compared to the 4.91 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - North American Interior Mirrors: 2.35 million versus 2.19 million estimated by two analysts on average.Revenue- Automotive Products: $560.1 million versus the two-analyst average estimate of $581.05 million. The reported number represents a year-over-year change of -1.1%.View all Key Company Metrics for Gentex here>>>
Shares of Gentex have returned -7.6% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Miso Robotics stock: Is an IPO coming soon?Gentex NASDAQ: GNTX reported second-quarter 2026 net sales of $651.3 million, down 1% from $657.9 million a year earlier, as lower automotive revenue in several international markets was partly offset by North American strength, higher vehicle content in Europe and growth in non-automotive businesses.
Automotive revenue declined about 3% year over year to $560.1 million, reflecting lower light-vehicle production and reduced shipments of base auto-dimming mirrors. President and CEO Steve Downing said revenue in China fell 20% from the prior-year period amid tariff-related market disruptions, while Europe, Japan and Korea also recorded lower revenue. North American demand remained comparatively strong.
Get Gentex alerts:
Analysts Recommend These Stocks To Cushion The Automotive SlumpDespite sales coming in below the company’s forecast, Gentex posted net income attributable to the company of $114.7 million, up 19% from $96 million in the second quarter of 2025. Diluted earnings per share rose to a record second-quarter $0.54 from $0.43. On a non-GAAP basis, adjusted diluted EPS was $0.58, compared with $0.50 a year earlier.
Margins Benefit From Tariff Reimbursements and Mix Second-quarter gross margin rose 280 basis points year over year to 37%. The result included approximately $18 million of IEEPA tariff reimbursements that reduced cost of goods sold. Gentex received about $38 million in total reimbursements during the quarter, with the remaining roughly $20 million reducing inventory held on the balance sheet rather than benefiting gross margin.
Downing said gross margin also benefited from product mix, operational execution and improving profitability in the company’s other-products category. Those gains were partly offset by higher commodity costs, lower sales and higher precious-metals costs. Excluding the $18 million reimbursement benefit, gross margin improved about 50 basis points sequentially from the first quarter.
Income from operations increased 19% to $141.3 million. Adjusted operating expenses were $99.3 million, compared with $97.5 million in the prior-year quarter. The company’s effective tax rate was 16.5%, versus 17.2% a year earlier.
Audio and Other Products Expand Non-automotive revenue accounted for approximately 14% of total company sales during the quarter. Premium audio revenue rose 16% to $51.7 million, driven by powered systems and the Onkyo brand, according to Vice President of Finance and CFO Kevin Nash.
Revenue in the other-products category increased 12% to $39.4 million. The category includes aerospace products, fire-protection devices, medical technologies, biometric solutions and automotive aftermarket products. Nash said growth was led by aerospace products, biometrics and accessory revenues.
Chief Operating Officer and Chief Technology Officer Neil Boehm said more than 75% of Gentex’s automotive product launches during the quarter incorporated advanced features, including HomeLink, Full Display Mirror, in-cabin monitoring and advanced exterior auto-dimming mirrors.
The company began shipping Full Display Mirror products on the Jeep Recon and Infiniti QX65, as well as to McLaren for its W1, Toyota for the Century SUV, and Subaru for the Trailseeker and Uncharted nameplates. Gentex also began shipping driver-monitoring and in-cabin-monitoring systems to BMW for the iX3 and Kia for the EV2.
Morocco Facility Planned for European Demand Gentex said it is establishing a manufacturing plant in Morocco to support European customers seeking more localized production. The company has signed a letter of intent, selected a location and received Moroccan government support for creating the local entity. Initial customer requests could include base electrochromic mirrors and advanced electronic modules, with a targeted start of production in 2028.
Downing said the move was driven by European customers’ requests for local support for vehicles built and sold in the region. He said Gentex has received several customer commitments and expects the plant initially to transition final assembly work from the United States before potentially supporting existing and new programs.
The company said its core technologies would continue to come from existing facilities and that it does not expect the Moroccan expansion to create a large increase in operating expenses or excess capacity at its core plants.
Gentex also said it expects to announce its first advanced electronics contract-manufacturing award by the end of the next quarter, with production targeted for late 2028 or early 2029. Downing said the initial award could represent $100 million to $200 million in revenue, with additional opportunities potentially becoming larger after 2029.
Guidance Maintained for Revenue, Updated for Margins and Spending Gentex maintained its full-year 2026 consolidated revenue outlook of $2.65 billion to $2.75 billion. The company raised its gross-margin forecast to 34.5% to 35.5%, lowered expected operating expenses to $405 million to $415 million, and reduced its estimated tax rate to 16% to 17%.
The company also lowered projected capital expenditures to $115 million to $125 million, while maintaining depreciation and amortization guidance of $100 million to $110 million. Gentex continues to expect 2027 revenue of $2.8 billion to $2.9 billion.
Management’s production assumptions call for global light-vehicle production to decline about 2% in the third quarter and 3% for full-year 2026. For 2027, global production is expected to be relatively flat, although Gentex anticipates continued weakness in its primary automotive markets of North America, Europe, Japan and Korea.
Downing said the company expects second-half growth to be supported by additional Full Display Mirror launches and increasing production of driver-monitoring and in-cabin-monitoring systems. He also cited future contributions from dimmable visors, sunroofs, fourth-generation Full Display Mirror products and expanded premium-audio offerings.
Gentex generated preliminary operating cash flow of $180.9 million in the second quarter, up from $166.1 million a year earlier. Capital expenditures fell to $19.2 million from $31.1 million, resulting in free cash flow of $161.7 million, up about 20% year over year. During the quarter, the company repurchased 2.7 million shares for $66 million at an average price of $24.48 per share.
About Gentex (NASDAQ:GNTX)Gentex Corporation NASDAQ: GNTX is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company's primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world's leading original equipment manufacturers (OEMs).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Gentex Right Now?Before you consider Gentex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gentex wasn't on the list.
While Gentex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
ZEELAND, Mich., July 24, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today reported financial results for the three and six months ended June 30, 2026.
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Is Gentex (GNTX - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
Gentex is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Gentex is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for GNTX's full-year earnings has moved 1.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, GNTX has moved about 4.3% on a year-to-date basis. Meanwhile, stocks in the Auto-Tires-Trucks group have lost about 9.3% on average. This means that Gentex is outperforming the sector as a whole this year.
One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is Gentherm (THRM - Free Report) . The stock is up 0.9% year-to-date.
For Gentherm, the consensus EPS estimate for the current year has increased 7.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Gentex is a member of the Automotive - Original Equipment industry, which includes 52 individual companies and currently sits at #157 in the Zacks Industry Rank. On average, this group has gained an average of 5.1% so far this year, meaning that GNTX is slightly underperforming its industry in terms of year-to-date returns. Gentherm is also part of the same industry.
Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Gentex and Gentherm as they attempt to continue their solid performance.
Gentex (GNTX - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
Therefore, the Zacks rating upgrade for Gentex basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Gentex imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for GentexFor the fiscal year ending December 2026, this maker of automatic-dimming rearview mirrors and other products is expected to earn $1.97 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Gentex. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.9%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Gentex to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Gentex (GNTX - Free Report) . GNTX is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 15.03 right now. For comparison, its industry sports an average P/E of 18.63. Over the past 52 weeks, GNTX's Forward P/E has been as high as 15.46 and as low as 10.60, with a median of 13.03.
Another valuation metric that we should highlight is GNTX's P/B ratio of 2.59. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. GNTX's current P/B looks attractive when compared to its industry's average P/B of 4.19. Over the past year, GNTX's P/B has been as high as 2.97 and as low as 1.89, with a median of 2.41.
If you're looking for another solid Automotive - Original Equipment value stock, take a look at Visteon (VC - Free Report) . VC is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Visteon is currently trading with a Forward P/E ratio of 13.69 while its PEG ratio sits at 2.73. Both of the company's metrics compare favorably to its industry's average P/E of 18.63 and average PEG ratio of 0.97.
Over the past year, VC's P/E has been as high as 14.33, as low as 8.02, with a median of 10.34; its PEG ratio has been as high as 4.75, as low as 0.35, with a median of 0.40 during the same time period.
Visteon also has a P/B ratio of 2.27 compared to its industry's price-to-book ratio of 4.19. Over the past year, its P/B ratio has been as high as 2.34, as low as 1.31, with a median of 1.87.
These are only a few of the key metrics included in Gentex and Visteon strong Value grade, but they help show that the stocks are likely undervalued right now. When factoring in the strength of its earnings outlook, GNTX and VC look like an impressive value stock at the moment.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Gentex (GNTX - Free Report) Gentex Corporation, based in Zeeland, MI, supplies automatic-dimming rear-view mirrors and electronics to the automotive industry. It also sells fire protection products and dimmable aircraft windows, and has expanded into premium audio and other consumer electronics through acquisitions.
GNTX is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Auto-Tires-Trucks stock. GNTX has a Momentum Style Score of B, and shares are up 4.4% over the past four weeks.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.04 to $1.96 per share. GNTX boasts an average earnings surprise of +6.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GNTX should be on investors' short list.
ZEELAND, Mich., June 30, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies and consumer electronics, is pleased to announce that it will release its second quarter 2026 financial results on Friday, July 24, 2026, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results.
The call will also be available to the general public via a live audio webcast. Participants who wish to ask questions may register for the call at the following URL to receive the dial-in numbers and unique PIN: https://register-conf.media-server.com/register/BI04159734f80b4251b4b548ae7f443098. It is recommended that participants join 10 minutes prior to the event start, although they may register ahead of the call and dial in at any time during the call. If you wish to join the call but do not plan to ask questions, you may join the listen-only webcast here: https://edge.media-server.com/mmc/p/wmvxyyhw.
A webcast replay will be available approximately 24 hours after the conclusion of the call at http://ir.gentex.com/events-and-presentations/upcoming-past-events.
Director Sells GNTX 5,939 Shares Worth $136,500Gentex, a leader in automotive vision and safety tech, reported a notable insider sale amid steady one-year stock performance.
Director Brian C. Walker disclosed the sale of 5,939 shares of Gentex Corporation (GNTX +1.17%) in an open-market transaction on May 15, 2026, as reported in the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)5,939Transaction value$136,500Post-transaction shares (direct)24,205Post-transaction value (direct ownership)$554,000Transaction value based on SEC Form 4 reported price ($22.98); post-transaction value based on May 15, 2026 market close ($22.98).
Key questionsHow large was this sale relative to Walker's total direct holdings?
The transaction reduced Walker's direct position by 19.70%, leaving him with 24,205 directly held shares after the sale.Were any indirect or derivative holdings involved in this sale?
No indirect or derivative securities were transacted; all shares sold were held directly by Walker, with no evidence of trust or entity involvement.Does this trade represent an ongoing selling pattern?
This is the only open-market sale by Walker in the past two years, in contrast to two previous administrative filings that did not involve the sale of shares.How does the sale's timing relate to Gentex's recent stock performance?
The sale was executed at $22.98 per share on May 15, 2026, with Gentex up 0.44% on a one-year total return basis as of the transaction date.Company overviewMetricValueRevenue (TTM)$2.63 billionNet income (TTM)$388.42 millionDividend yield2.09%Price (as of market close 5/15/26)$22.98* 1-year performance metrics are calculated using May 15th, 2026 as the reference date.
Company snapshotGentex Corporation's core products include electrochromic automatic-dimming rearview mirrors, automotive electronics, dimmable glass, and fire protection devices, with automotive products representing the primary revenue stream.The company generates revenue by designing, manufacturing, and supplying advanced vision and safety solutions to original equipment manufacturers (OEMs), automotive suppliers, and commercial building operators.Key customers are global automotive OEMs, aftermarket accessory buyers, and commercial clients in the fire protection and aerospace sectors.Gentex Corporation is a leading supplier of digital vision and safety technologies for the automotive and building industries, operating at scale with over 6,100 employees and annual revenues exceeding $2.6 billion. The company leverages proprietary electrochromic and sensor technologies to address the safety, convenience, and connectivity needs of OEM and commercial customers. Its diversified product portfolio and established relationships with major automotive manufacturers underpin its competitive position in the auto-parts sector.
What this transaction means for investorsThe shares sold recently by Gentex director Brian Walker were part of a pre-planned distribution. It’s common for a company to distribute shares of its stock as compensation to its independent board members, and directors often sell these shares periodically for a variety of reasons. The transaction does not appear to reflect the director’s sentiment about the company, as he still owns a substantial stake.
Gentex seems to have a lot working in its favor right now. It produces a variety of technologies used in automotive production, and the inclusion of these products is growing. Its Full Display Mirror technology continues to gain adoption in both OEM and aftermarket installations. The company’s margins have been stable, and it has upgraded its revenue outlook for the year. Also, the company has a history of solid cash flow and share repurchases.
Note, however, that Gentex’s success is tied to the production volume of the automotive industry, which is cyclical. It depends on economic conditions, interest rates, and supply chain disruptions, among other factors.
Investors shouldn’t read too much into this transaction. The company’s long-term outlook depends upon its ability to grow the integration of its technology. Gentex’s exposure to the cyclical automotive industry creates risks for investors, but long-term investors with a well-diversified portfolio may still find the stock attractive.
Pamela Kock has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
ZEELAND, Mich. and STEINHAGEN, Germany, June 24, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation and Hörmann today announced a strategic agreement to integrate Hörmann’s connected garage door opener technology into HomeLink, the automotive industry’s leading car-to-home automation system.
The partnership will enable Gentex customers across Europe to control compatible Hörmann garage door systems via HomeLink, securely triggering garage door open/close commands from the HomeLink app or directly from a connected vehicle through the HomeLink cloud.
HomeLink is the automotive industry’s most trusted and comprehensive car-to-home automation system. The latest version utilizes radio frequency, Long-Range Bluetooth®, and cloud-based technologies to activate garage doors, gates, lights, and other smart home devices directly from the vehicle. HomeLink is available on nearly 300 vehicle models from over 50 automaker brands, with approximately 110 million units currently in operation worldwide.
Hörmann, Europe’s leading provider of gates, doors, door frames, operators, access control systems, and storage solutions, offers a wide range of connected operator solutions that allow users to conveniently monitor and control their access points via smartphone apps. Through this integration, Hörmann customers will gain seamless in-vehicle control and expanded remote access capabilities via the HomeLink ecosystem.
“This partnership represents an important step in expanding connected vehicle-to-home experiences across Europe,” said Thorsten Lünstroth, Head of Product Management at Hörmann. “By integrating with HomeLink, we are enabling our customers to enjoy more convenient, secure, and intelligent access to their homes directly from their vehicles.”
“It’s exciting to expand HomeLink’s cloud-based garage door control capabilities through our partnership with Hörmann,” said Neil Boehm, chief technology officer and chief operating officer at Gentex. “Hörmann is a highly respected brand in the European access solutions market, and this collaboration strengthens HomeLink’s position as the most versatile and comprehensive car-to-home automation system — capable of supporting leading smart home technologies around the world.”
The integration will support remote monitoring, secure activation, and enhanced user convenience, while maintaining the reliability and performance expected from both companies’ technologies. This collaboration further advances Gentex’s strategy to expand HomeLink’s global ecosystem through partnerships with leading smart home and access control providers.
About Hörmann
The Hörmann Group is Europe’s leading manufacturer of gates and doors. At over 40 highly specialized plants in Europe, North America, and Asia, more than 6,000 employees develop and manufacture high-quality gates, doors, frames, operators, access control systems, and storage solutions for use in residential and commercial properties.
The global Hörmann Group is headquartered in the East Westphalian town of Steinhagen near Bielefeld. The family-run company most recently reported annual revenue of more than 1 billion euros. For more information, visit www.hoermann.com.
About Gentex
Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a technology company that leverages its core competencies, strategic partnerships, acquisitions, and ongoing research to create market-leading positions in a variety of verticals. You can view some of the Company’s latest technology at www.gentex.com.
Gentex Media Contact
Craig Piersma
(616) 772-1590 x4316 [email protected]
SG Americas Securities LLC lifted its stake in shares of Gentex Corporation (NASDAQ:GNTX – Free Report) by 257.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 128,847 shares of the auto parts company’s stock after buying an additional 92,811 shares during the period. SG Americas Securities LLC owned about 0.06% of Gentex worth $2,998,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of GNTX. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Gentex in the third quarter valued at about $38,000. Clearstead Advisors LLC grew its position in Gentex by 82.3% in the 3rd quarter. Clearstead Advisors LLC now owns 2,042 shares of the auto parts company’s stock worth $58,000 after purchasing an additional 922 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in Gentex by 2,420.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,067 shares of the auto parts company’s stock valued at $58,000 after buying an additional 1,985 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Gentex during the 3rd quarter worth approximately $65,000. Finally, Steph & Co. boosted its stake in shares of Gentex by 30.5% in the 3rd quarter. Steph & Co. now owns 2,684 shares of the auto parts company’s stock worth $76,000 after buying an additional 627 shares during the last quarter. 86.76% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes GNTX has been the subject of a number of research analyst reports. Wall Street Zen raised Gentex from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. UBS Group set a $25.00 target price on Gentex in a research note on Monday, February 2nd. Robert W. Baird set a $26.00 price target on shares of Gentex in a report on Wednesday, January 14th. Freedom Capital upgraded shares of Gentex to a “strong-buy” rating in a research report on Friday, March 27th. Finally, B. Riley Financial lowered their price objective on shares of Gentex from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.71.
View Our Latest Analysis on Gentex
Insider Activity In other Gentex news, CFO Kevin C. Nash sold 11,885 shares of Gentex stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.98, for a total transaction of $296,887.30. Following the completion of the transaction, the chief financial officer owned 59,430 shares of the company’s stock, valued at $1,484,561.40. The trade was a 16.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Steven R. Downing sold 35,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $24.75, for a total value of $866,250.00. Following the sale, the chief executive officer owned 211,670 shares in the company, valued at approximately $5,238,832.50. This represents a 14.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 58,133 shares of company stock worth $1,442,313. 0.45% of the stock is owned by corporate insiders.
Gentex Stock Performance Shares of GNTX opened at $21.51 on Friday. Gentex Corporation has a fifty-two week low of $20.28 and a fifty-two week high of $29.38. The business has a 50-day moving average of $22.87 and a 200 day moving average of $23.99. The firm has a market cap of $4.63 billion, a P/E ratio of 12.36 and a beta of 0.77.
Gentex (NASDAQ:GNTX – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. Gentex had a net margin of 15.19% and a return on equity of 16.05%. The company had revenue of $644.40 million for the quarter, compared to analysts’ expectations of $650.90 million. During the same period in the prior year, the company posted $0.39 EPS. Gentex’s revenue was up 19.0% compared to the same quarter last year. As a group, research analysts predict that Gentex Corporation will post 2.04 earnings per share for the current fiscal year.
Gentex Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, April 8th. Gentex’s dividend payout ratio (DPR) is presently 27.59%.
Gentex Profile (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Further Reading Five stocks we like better than Gentex
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINESirius XM Holdings Inc. $SIRI Shares Bought by SG Americas Securities LLC
NEXT HEADLINE »Gildan Activewear, Inc. (NYSE:GIL) Receives Average Rating of “Moderate Buy” from Analysts
Boyd Awarded for Excellence in Innovation, Quality, Delivery Support, and Customer Dedication
BOCA RATON, Fla.--(BUSINESS WIRE)--Boyd, a leader in engineered materials that seal, shield, insulate and protect innovative applications, today announced it was awarded Supplier of the Year by Gentex Corporation for the second consecutive year. This back-to-back recognition reflects Boyd’s continued excellence across innovation, quality, and delivery, and its strong dedication to Gentex throughout 2025.
Boyd awarded for outstanding performance by Gentex as 2025 Supplier of the Year for innovation, quality, and delivery support excellence.
Share “Earning this recognition two years in a row is a testament to the consistency, resilience, and customer-first mindset of our global team,” said Kevin Kettler, Boyd President. “We are proud to strengthen our partnership with Gentex by delivering high-performance solutions that enable their next-generation vision and safety technologies.”
“We value partners who consistently raise the bar,” said Craig Piersma, Gentex Vice President of Marketing and Corporate Communications. “Collaborating with high-performing suppliers like Boyd who share our commitment to innovation enables us to continue advancing driver vision and automotive safety technologies.”
From advanced onboard displays and vision systems to ruggedized battery energy storage and safety systems, Boyd’s technologies power a wide range of next generation intelligent mobility applications. Designed for extreme environments, these advanced material solutions deliver uncompromising safety, reliability, and durability. Boyd’s compact, lightweight designs maximize energy efficiency, improve overall system performance, and enable higher power densities across batteries and onboard electronics.
With 19 manufacturing sites worldwide, Boyd delivers engineered material solutions across North America, Europe, and Asia-Pacific. Backed by rapid prototyping, in-house testing, and IATF 16949-certified facilities, Boyd enables customers to accelerate development and scale new models, features, and technologies with regional agility.
About Boyd
Boyd is the trusted global innovator of sustainable solutions that make our customers’ products better, safer, faster, and more reliable. Our innovative engineered materials advance our customers’ technology to maximize performance in the world’s most advanced data centers; advance the accuracy of cutting-edge personal healthcare and diagnostic systems; enable performance-critical aircraft and security technologies; enhance reliability and extend range for intelligent mobility applications; and accelerate innovation in next-generation electronics and human-machine-interface. Core to Boyd’s global manufacturing is a deep commitment to protecting the environment with sustainable, scalable, lean, strategically located regional operations that reduce waste and minimize carbon footprint. We empower our employees, develop their potential, and inspire them to do the right things with integrity and accountability to champion our customers’ success.
Visit us at www.boydcorp.com
About Gentex
Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a technology company that leverages its core competencies, strategic partnerships, acquisitions, and ongoing research to create market leading positions in a variety of verticals. You can view some of the Company’s latest technology at www.gentex.com.
Alpha Omega Wealth Management LLC reduced its holdings in shares of Gentex Corporation (NASDAQ:GNTX – Free Report) by 18.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,398 shares of the auto parts company’s stock after selling 39,647 shares during the period. Alpha Omega Wealth Management LLC owned approximately 0.08% of Gentex worth $4,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in Gentex during the 3rd quarter valued at about $38,000. Clearstead Advisors LLC increased its position in Gentex by 82.3% during the 3rd quarter. Clearstead Advisors LLC now owns 2,042 shares of the auto parts company’s stock valued at $58,000 after buying an additional 922 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in Gentex by 2,420.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,067 shares of the auto parts company’s stock valued at $58,000 after purchasing an additional 1,985 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Gentex during the 3rd quarter valued at about $65,000. Finally, Steph & Co. grew its stake in Gentex by 30.5% during the 3rd quarter. Steph & Co. now owns 2,684 shares of the auto parts company’s stock valued at $76,000 after purchasing an additional 627 shares during the last quarter. 86.76% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Gentex In other news, CEO Steven R. Downing sold 35,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total value of $866,250.00. Following the sale, the chief executive officer owned 211,670 shares in the company, valued at $5,238,832.50. This represents a 14.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin C. Nash sold 11,885 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.98, for a total value of $296,887.30. Following the completion of the sale, the chief financial officer owned 59,430 shares in the company, valued at $1,484,561.40. The trade was a 16.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 58,133 shares of company stock worth $1,442,313 over the last quarter. 0.45% of the stock is currently owned by insiders.
Gentex Stock Down 0.1% Shares of GNTX opened at $22.21 on Friday. Gentex Corporation has a 52 week low of $20.36 and a 52 week high of $29.38. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of 12.76 and a beta of 0.77. The stock’s 50-day moving average price is $22.71 and its 200-day moving average price is $23.79.
Gentex (NASDAQ:GNTX – Get Free Report) last issued its earnings results on Friday, January 30th. The auto parts company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. Gentex had a return on equity of 16.05% and a net margin of 15.19%.The firm had revenue of $644.40 million for the quarter, compared to the consensus estimate of $650.90 million. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company’s revenue was up 19.0% compared to the same quarter last year. As a group, equities analysts anticipate that Gentex Corporation will post 2.04 EPS for the current fiscal year.
Gentex Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, April 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. Gentex’s dividend payout ratio is presently 27.59%.
Analysts Set New Price Targets Several analysts have weighed in on GNTX shares. Freedom Capital upgraded Gentex to a “strong-buy” rating in a research note on Friday, March 27th. B. Riley Financial dropped their price target on Gentex from $32.00 to $28.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Wall Street Zen upgraded Gentex from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gentex in a research note on Thursday, January 22nd. Finally, UBS Group set a $25.00 price target on Gentex in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.71.
Read Our Latest Stock Analysis on GNTX
About Gentex (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Featured Articles Five stocks we like better than Gentex Want to see what other hedge funds are holding GNTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX – Free Report).
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEWells Fargo & Company Lowers TopBuild (NYSE:BLD) Price Target to $475.00
NEXT HEADLINE »Alpha Omega Wealth Management LLC Has $2.05 Million Stake in Ralliant Corporation $RAL
Gentex (NASDAQ:GNTX – Get Free Report) is expected to be posting its Q1 2026 results before the market opens on Friday, April 24th. Analysts expect Gentex to post earnings of $0.44 per share and revenue of $649.4180 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, April 24, 2026 at 9:30 AM ET.
Gentex (NASDAQ:GNTX – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The firm had revenue of $644.40 million during the quarter, compared to the consensus estimate of $650.90 million. Gentex had a net margin of 15.19% and a return on equity of 16.05%. The firm’s quarterly revenue was up 19.0% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. On average, analysts expect Gentex to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Gentex Trading Up 0.6% GNTX opened at $21.82 on Friday. The stock has a market capitalization of $4.66 billion, a PE ratio of 12.54 and a beta of 0.77. Gentex has a 1-year low of $20.48 and a 1-year high of $29.38. The firm has a 50-day moving average price of $22.50 and a two-hundred day moving average price of $23.56.
Gentex Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, April 8th. Gentex’s dividend payout ratio (DPR) is presently 27.59%.
Insider Transactions at Gentex In other news, CEO Steven R. Downing sold 35,000 shares of Gentex stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $24.75, for a total transaction of $866,250.00. Following the completion of the sale, the chief executive officer owned 211,670 shares in the company, valued at $5,238,832.50. The trade was a 14.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Neil Boehm sold 11,248 shares of Gentex stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $24.82, for a total transaction of $279,175.36. Following the sale, the chief technology officer owned 58,951 shares of the company’s stock, valued at approximately $1,463,163.82. This represents a 16.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 58,133 shares of company stock worth $1,442,313 in the last quarter. 0.45% of the stock is owned by company insiders.
Institutional Inflows and Outflows Hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its stake in Gentex by 2,420.7% in the third quarter. CIBC Private Wealth Group LLC now owns 2,067 shares of the auto parts company’s stock valued at $58,000 after buying an additional 1,985 shares in the last quarter. Arax Advisory Partners bought a new position in Gentex in the fourth quarter valued at approximately $52,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Gentex in the third quarter valued at approximately $117,000. EverSource Wealth Advisors LLC lifted its stake in Gentex by 2,038.4% in the second quarter. EverSource Wealth Advisors LLC now owns 4,512 shares of the auto parts company’s stock valued at $99,000 after buying an additional 4,301 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Gentex in the fourth quarter valued at approximately $140,000. Institutional investors own 86.76% of the company’s stock.
Wall Street Analysts Forecast Growth Several research firms have weighed in on GNTX. B. Riley Financial lowered their price objective on shares of Gentex from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. UBS Group restated a “neutral” rating and issued a $24.00 price objective (down from $25.00) on shares of Gentex in a research report on Tuesday. Wall Street Zen upgraded shares of Gentex from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Weiss Ratings restated a “hold (c)” rating on shares of Gentex in a research report on Thursday, January 22nd. Finally, Freedom Capital upgraded shares of Gentex to a “strong-buy” rating in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $26.57.
View Our Latest Stock Report on GNTX
Gentex Company Profile (Get Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
See Also Five stocks we like better than Gentex
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
Birch Hill Investment Advisors LLC trimmed its stake in Gentex Corporation (NASDAQ:GNTX – Free Report) by 20.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 167,988 shares of the auto parts company’s stock after selling 42,259 shares during the quarter. Birch Hill Investment Advisors LLC owned approximately 0.08% of Gentex worth $3,909,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the stock. Wellington Management Group LLP grew its holdings in shares of Gentex by 10.3% in the 3rd quarter. Wellington Management Group LLP now owns 14,828,120 shares of the auto parts company’s stock worth $419,636,000 after acquiring an additional 1,383,203 shares during the last quarter. State Street Corp grew its holdings in shares of Gentex by 1.0% in the 2nd quarter. State Street Corp now owns 7,439,333 shares of the auto parts company’s stock worth $163,591,000 after acquiring an additional 74,779 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Gentex by 2.0% in the 3rd quarter. American Century Companies Inc. now owns 6,742,293 shares of the auto parts company’s stock worth $190,807,000 after acquiring an additional 131,035 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Gentex by 21.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,725,426 shares of the auto parts company’s stock worth $190,330,000 after acquiring an additional 1,206,060 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of Gentex by 2.1% in the 3rd quarter. Boston Partners now owns 5,912,491 shares of the auto parts company’s stock worth $167,299,000 after acquiring an additional 123,731 shares during the last quarter. 86.76% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In other Gentex news, CEO Steven R. Downing sold 35,000 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total value of $866,250.00. Following the completion of the sale, the chief executive officer owned 211,670 shares of the company’s stock, valued at $5,238,832.50. The trade was a 14.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Neil Boehm sold 11,248 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.82, for a total value of $279,175.36. Following the completion of the sale, the chief technology officer directly owned 58,951 shares of the company’s stock, valued at $1,463,163.82. This represents a 16.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 58,133 shares of company stock valued at $1,442,313 over the last quarter. Insiders own 0.45% of the company’s stock.
Wall Street Analyst Weigh In A number of equities analysts recently issued reports on GNTX shares. UBS Group restated a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of Gentex in a report on Tuesday. Robert W. Baird set a $26.00 price target on Gentex in a report on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gentex in a report on Thursday, January 22nd. Freedom Capital upgraded Gentex to a “strong-buy” rating in a report on Friday, March 27th. Finally, Wall Street Zen upgraded Gentex from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $26.57.
Read Our Latest Report on GNTX
Gentex Price Performance Shares of NASDAQ:GNTX opened at $22.63 on Friday. Gentex Corporation has a fifty-two week low of $20.48 and a fifty-two week high of $29.38. The business has a 50-day moving average of $22.48 and a two-hundred day moving average of $23.49. The stock has a market capitalization of $4.83 billion, a P/E ratio of 13.01 and a beta of 0.77.
Gentex (NASDAQ:GNTX – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.01. Gentex had a return on equity of 16.05% and a net margin of 15.19%.The company had revenue of $644.40 million during the quarter, compared to analysts’ expectations of $650.90 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business’s quarterly revenue was up 19.0% compared to the same quarter last year. As a group, research analysts expect that Gentex Corporation will post 2.04 EPS for the current fiscal year.
Gentex Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 8th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, April 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.1%. Gentex’s payout ratio is currently 27.59%.
Gentex Profile (Free Report)
Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).
Further Reading Five stocks we like better than Gentex Want to see what other hedge funds are holding GNTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX – Free Report).
Receive News & Ratings for Gentex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentex and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAbbVie Inc. $ABBV Shares Sold by Berger Financial Group Inc
NEXT HEADLINE »Birch Hill Investment Advisors LLC Sells 4,923 Shares of Merck & Co., Inc. $MRK
New AudioLuxe by La-Z-Boy® premium audio furniture line debuts at High Point Market with select availability this fallThe product line combines an integrated audio experience with the comfort and quality for which La-Z-Boy is knownKey features, driven by consumer led insights, include Sound by Klipsch, surround sound with audio-visual sync, Auracast™ Bluetooth audio sharing, personalized controls, and La-Z-Boy customizable comfort MONROE, Mich., April 20, 2026 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, is bringing premium audio to its motion furniture lineup with the debut of AudioLuxe by La-Z-Boy®, a new product line featuring integrated Klipsch sound systems. The collection makes its industry debut at the April 2026 High Point Market with select availability this fall and leverages La-Z-Boy’s in-house consumer led insights to drive innovation.
AudioLuxe pairs La-Z-Boy’s signature customizable comfort with Sound by Klipsch, delivering crystal clear tones and deep bass vibrations directly through the furniture. The line features speakers and subwoofers built directly into a range of recliners and motion furniture. With modern silhouettes and clean lines, the AudioLuxe line is designed to complement contemporary living spaces.
“At La-Z-Boy Incorporated, we prioritize delivering an unmatched comfort experience through every product,” said Nelly Martínez Garza, Sr. Director of Product Design. “With AudioLuxe, we’re pairing the comfort and quality that La-Z-Boy consumers have trusted for generations with the premium audio performance Klipsch is known for. There’s nothing on the market that provides audio immersion at this level of comfort, and we’re excited for AudioLuxe to make its way into living rooms and home theaters nationwide. The new line further advances La-Z-Boy Incorporated’s Century Vision strategy of expanding brand reach and will be manufactured within our United States manufacturing footprint.”
Premium audio, precisely positioned
AudioLuxe is engineered in partnership with Klipsch, an American audio brand with more than 80 years of innovation in home theater, sound bars, and high-performance speaker systems. Together, the companies have developed an integrated audio experience with speakers and subwoofers positioned for optimal, immersive sound delivery.
“This partnership brings together two American icons with the shared vision to establish a new benchmark for comfort and sound, redefining the way we enjoy entertainment at home," said Vince Bonacorsi, Chief Operating Officer of Klipsch. “Our advanced audio technologies, refined over the last eight decades, allow the AudioLuxe products to deliver a new level of realism for an embedded audio experience unlike anything currently on the consumer market.”
Key features of the AudioLuxe line include:
Sound by Klipsch: Wireless speakers and subwoofers by Klipsch are embedded directly into recliners and sofas, delivering sound you can feelSurround sound with audio-visual sync: When paired with the Klipsch Flexus Sound System, AudioLuxe furniture enables dynamic, 5.1.2 surround sound powered by Dolby® AtmosAuracast™ Bluetooth audio sharing: Broadcast high-quality audio to each seat by connecting a phone or tablet to an AudioLuxe piece, then sharing the sound to all other Auracast™-enabled seats or speakers in the homePersonalized controls: Each armrest features integrated controls so users can manage their own audio input and sound level or choose to listen in syncLa-Z-Boy customizable comfort: AudioLuxe furniture offers fully adjustable back recline, lumbar support, headrests, and legrests, plus integrated storage and fabric and leather cover options Industry debut at High Point Market
Retail buyers, wholesale customers, and industry partners can experience AudioLuxe in the La-Z-Boy showroom by appointment only at High Point Market beginning April 23, 2026. AudioLuxe will be available in select La-Z-Boy stores, Comfort Studios, Branded Spaces, and other furniture retailers this fall. To book an appointment at the La-Z-Boy showroom, contact: [email protected].
Investor Relations / Media Contact:
Mark Becks, CFA, (734) 457-9538 [email protected]
About La-Z-Boy:
La-Z-Boy Incorporated (NYSE: LZB) is a leading vertically integrated retailer and manufacturer of high-quality, custom furniture that transforms the home. Founded on American heritage, the iconic La-Z-Boy brand has been synonymous with comfort, quality, and craftsmanship for nearly 100 years. As an end-to-end enterprise, the company manages every aspect of its business—from retail, manufacturing, and design to distribution and after-service care.
La-Z-Boy Incorporated brings timeless and modern furniture to life through a retail network of over 370 La-Z-Boy stores, including 226 company-owned locations, and its digital platform at La-Z-Boy.com. Within the Wholesale segment, the company manufactures comfortable, high quality, custom furniture, with approximately 90% of its products produced in North America. Its Joybird® brand is an omnichannel retailer and manufacturer of modern, custom upholstered furniture, operating 15 U.S. stores. With a global team of about 11,000 employees, La-Z-Boy Incorporated was named to TIME’s 2026 list of America’s Most Iconic Companies and Newsweek’s 2025 list of America’s Best Retailers, ranking No. 1 in the furniture category. The company continues to shape the way people live by delivering the transformational power of comfort.
About Klipsch:
Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Using highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs – Klipsch, the great American audio company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application – including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder’s legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound®. Klipsch®, registered in the U.S. and other countries, is a trademark of Klipsch Group, Inc. Klipsch Group, Inc. is a wholly-owned subsidiary of Gentex Corporation (NASDAQ: GNTX).Visit www.klipsch.com for more information.
This news release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Generally, forward-looking statements include information concerning expectations, projections or trends relating to our results of operations, financial results, financial condition, strategic initiatives and plans, acquisitions, divestitures, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, borrowing capacity, investments, future economic performance, and our business and industry.
The forward-looking statements in this press release are based on certain assumptions and currently available information and are subject to various risks and uncertainties, many of which are unforeseeable and beyond our control. Additional risks and uncertainties that we do not presently know about or that we currently consider to be immaterial may also affect our business operations and financial results. Our actual future results and trends may differ materially depending on a variety of factors, including, but not limited to, the risks and uncertainties discussed in our Fiscal 2025 Annual Report on Form 10-K and other factors identified in our reports filed with the Securities and Exchange Commission (the “SEC”), available on the SEC’s website at www.sec.gov. Given these risks and uncertainties, you should not rely on forward-looking statements as a prediction of actual results. We are including this cautionary note to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b28eadc-f45c-4356-8795-d2b8eab4660b
Gentex (GNTX - Free Report) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.28%. A quarter ago, it was expected that this maker of automatic-dimming rearview mirrors and other products would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Gentex, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $675.44 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $576.77 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gentex shares have lost about 1% since the beginning of the year versus the S&P 500's gain of 3.8%.
What's Next for Gentex?While Gentex has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Gentex was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.49 on $663.59 million in revenues for the coming quarter and $1.92 on $2.64 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Allison Transmission (ALSN - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 4.
This automatic transmission maker is expected to post quarterly earnings of $2.54 per share in its upcoming report, which represents a year-over-year change of +13.9%. The consensus EPS estimate for the quarter has been revised 2.9% higher over the last 30 days to the current level.
Allison Transmission's revenues are expected to be $1.38 billion, up 79.7% from the year-ago quarter.
For the quarter ended March 2026, Gentex (GNTX - Free Report) reported revenue of $675.44 million, up 17.1% over the same period last year. EPS came in at $0.48, compared to $0.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $647.23 million, representing a surprise of +4.36%. The company delivered an EPS surprise of +8.28%, with the consensus EPS estimate being $0.44.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gentex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Auto-Dimming Mirror Shipments - Total Interior Mirrors: 6.78 million versus the two-analyst average estimate of 7.1 million.Auto-Dimming Mirror Shipments - Total Exterior Mirrors: 4.07 million versus the two-analyst average estimate of 4.07 million.Auto-Dimming Mirror Shipments - Total Auto-Dimming Mirror Units: 10.85 million versus the two-analyst average estimate of 11.17 million.Auto-Dimming Mirror Shipments - Total North American Mirror Units: 3.67 million versus the two-analyst average estimate of 3.62 million.Auto-Dimming Mirror Shipments - International Exterior Mirrors: 2.67 million compared to the 2.63 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - North American Exterior Mirrors: 1.4 million versus the two-analyst average estimate of 1.44 million.Auto-Dimming Mirror Shipments - Total International Mirror Units: 7.18 million versus 7.55 million estimated by two analysts on average.Auto-Dimming Mirror Shipments - International Interior Mirrors: 4.51 million compared to the 4.92 million average estimate based on two analysts.Auto-Dimming Mirror Shipments - North American Interior Mirrors: 2.27 million versus the two-analyst average estimate of 2.19 million.Revenue- Automotive Products: $566.2 million versus the two-analyst average estimate of $562.32 million. The reported number represents a year-over-year change of +0.4%.View all Key Company Metrics for Gentex here>>>
Shares of Gentex have returned +4.4% over the past month versus the Zacks S&P 500 composite's +8.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
What happenedAccording to its SEC filing on April 24, 2026, North Point Portfolio Managers Corp. fully exited its position in Gentex (GNTX +0.43%), selling 324,273 shares. The estimated transaction value was $7.52 million, calculated using the average quarterly closing price. The net change in the quarter-end value of the stake was a decrease of $7.55 million, reflecting both trading activity and price movements.
What else to knowNorth Point Portfolio Managers sold out of Gentex; post-trade position now represents 0% of 13F AUM.
Top holdings after the filing:Amphenol: $28.56 million (5.1% of AUM)ASML: $25.66 million (4.6% of AUM)Costco: $25.35 million (4.5% of AUM)Alphabet: $22.84 million (4.1% of AUM)Visa $21.37 million (3.8% of AUM)As of April 23, 2026, Gentex shares were priced at $23.03, up 6.3% over the past year, underperforming the S&P 500 by 26 percentage points.
Company overviewMetricValuePrice (as of market close April 23, 2026)$23.03Market capitalization$4.96 billionRevenue (TTM)$2.53 billionNet income (TTM)$384.84 millionCompany snapshotGentex:
Offers automotive electrochromic mirrors, dimmable glass, digital vision systems, and fire protection products, with primary revenue from automotive OEMs and suppliers.Operates a manufacturing-based model, generating income through the design, production, and direct sale of high-value electronic and glass components for vehicles and buildings.has main customers including global automotive manufacturers, aircraft producers, and commercial building system integrators.Gentex is a leading supplier of advanced automotive and fire protection products, leveraging proprietary technology in electrochromic glass and digital vision systems. With a diversified product suite and a global footprint, the company maintains strong relationships with major automotive OEMs and commercial partners. Gentex's focus on innovation and integration into essential vehicle and building systems supports its competitive positioning and consistent financial performance.
What this transaction means for investorsNorth Point Portfolio Managers’ sale of Gentex catches my eye for a number of reasons. First, the firm has held its Gentex position since 2010 and has numerous holdings that are decades old. They like to think over the very long term. I’d argue that this fact alone makes Gentex’s liquidation noteworthy, as it is a somewhat rare move for them. However, we don’t know the firm’s reasoning, so shareholders shouldn’t overreact.
Second, the sale was a full liquidation. Gentex went from a 1.3% position in the portfolio to gone, so this wasn’t a gradual unwinding. While it had been selling a few thousand shares each quarter over the last few years as Gentex stock declined from $35 to $25, its final 324,273-share sale was massive in comparison.
Lastly, Gentex just reported earnings this morning, and they looked excellent. GNTX shares are up 6% after sales rose 17% in Q1 and the company guided for 11% revenue growth in 2026. While most of this growth is tied to its recent acquisition of VOXX, it nonetheless suggests the two companies are finally integrating better.
While North Point’s sale could stem from the VOXX acquisition risk, longer-term threats to mirrors being replaced in new high-tech cars, or simply a lack of sales growth over the last decade, Gentex trades near a decade-long low valuation. Trading at just 12 times forward earnings, with a 2% dividend yield, no debt, and a history of buying back 3% of its shares outstanding annually over the last decade, Gentex looks like a discounted steady-Eddie stock for contrarian investors to consider, but it likely won’t be a 10-bagger anytime soon.
Josh Kohn-Lindquist has positions in ASML, Alphabet, Costco Wholesale, and Visa. The Motley Fool has positions in and recommends ASML, Alphabet, Amphenol, Costco Wholesale, and Visa. The Motley Fool recommends Gentex. The Motley Fool has a disclosure policy.
Key Takeaways GNTX Q1 EPS of 48 cents beat estimates; revenue rose 17% to $675.4M, driven by VOXX and product mix.Gentex saw strong demand for advanced features, offset by lower vehicle output; China sales fell on tariffs.GNTX raised its 2026 revenue outlook to between $2.65 billion and $2.75 billion on strong results. Gentex Corporation (GNTX - Free Report) reported first-quarter 2026 adjusted earnings of 48 cents per share, which beat the Zacks Consensus Estimate of 44 cents by 8.28%. The figure increased 11.6% from 43 cents a year ago.
Net sales were $675 million, which topped the consensus mark of $647 million by 4.36%. Revenues rose 17.1% from $577 million in the year-ago quarter, aided by contributions from VOXX and a richer mix of advanced features.
GNTX’s Core Growth Driven by Advanced Feature StrengthIn the first quarter of 2026, Gentex earned $586.8 million from its core business (excluding VOXX), while VOXX contributed $88.6 million. Strong demand for its advanced features across different regions helped offset the slowdown in global vehicle production.
During the quarter, revenues in North America rose about 6% from last year, even though vehicle production in the region declined 2%. Growth was supported by higher shipments of Full Display Mirrors. In Europe, Japan and Korea, results improved due to a better product mix, supported by the ramp-up of an in-cabin monitoring system and continued demand for Full Display Mirrors.
In China, revenues were approximately $28 million, down 29% from the previous quarter, primarily due to tariffs and counter-tariff impacts.
Gentex Breaks Out Sales Mix and Unit Shipment TrendsIn the first quarter of 2026, Gentex Automotive reported sales of $566.2 million, up slightly from $563.9 million in the year-ago quarter. Sales increased modestly despite lower vehicle production and reduced basic mirror shipments, supported by a favorable product mix and new technology launches.
Total auto-dimming mirror shipments declined 6% year over year to 10.85 million units. North American mirror units were up 1% to 3.67 million, while international mirror units fell 9% to 7.18 million.
In the Other category, net sales rose to $20.6 million from $12.9 million, driven by higher aircraft window sales and gains in fire protection and biometrics. VOXX contributed $88.6 million, and the acquired business has now become profitable as integration progresses.
GNTX Margins Improve, Though Tariffs Pressure CostsIn the first quarter of 2026, total gross margin improved to 33.8% from 33.2% in the year-ago quarter, while core Gentex gross margin rose 80 basis points to 34%. The increase was mainly driven by better efficiency and a favorable product mix, partially offset by tariff costs and higher raw material prices.
Operating expenses totaled $105 million, mainly due to the VOXX acquisition and $2.8 million in impairment charges. The operating income totaled $123.7 million.
The company reported a total other loss of $5.6 million compared with other income of $0.6 million in the year-ago quarter, mainly due to lower investment income, impairment charges and credit loss reserves tied to certain technology investments and loans. The effective tax rate for the quarter was 16.6%.
Gentex Highlights Capital Returns and Balance SheetGentex repurchased 3.3 million shares during the first quarter for $71.6 million at an average price of $22.01 per share. As of March 31, 2026, the company had approximately 32.6 million shares remaining under its repurchase authorization.
Liquidity improved during the quarter. As of March 31, 2026, GNTX’s cash and cash equivalents were $164.8 million compared with $145.6 million as of Dec. 31, 2025. Short-term investments increased to $10.3 million from $5.4 million.
Working capital also increased, with accounts receivable at $419.5 million and inventories at $523.5 million. Overall, Gentex ended the quarter with total assets of $3 billion and shareholders’ equity of $2.5 billion.
GNTX Raises 2026 Revenue Outlook, Updates 2027 TargetBased on updated vehicle production forecasts and strong first-quarter results, Gentex raised its full-year 2026 revenue outlook to $2.65-$2.75 billion from the previous estimate of $2.6-$2.7 billion.
The company has maintained its gross margin guidance at 34-35% and reiterated operating expense expectations (excluding one-time costs) of $410-$420 million. It continues to expect a tax rate of 16-18% and capital spending of $125-$140 million.
For 2027, Gentex expects revenues in the range of $2.8-$2.9 billion compared with the previous guidance of $2.75-$2.85 billion. The outlook is based on current tariff assumptions as of April 24, 2026, and includes ongoing cost pressures from materials such as precious metals, petroleum-based products and memory components.
The Supreme Court’s decision to invalidate IEEPA tariffs has not been reflected in any potential refunds. About $15 million of tariff-related costs were included in inventory as of March 31, 2026.
GNTX currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto SpaceAutoliv, Inc. (ALV - Free Report) reported first-quarter 2026 results on April 17. It posted adjusted earnings of $2.05 per share, which declined 4.7% year over year but surpassed the Zacks Consensus Estimate of $1.77 by 15.8%. Net sales were $2.75 billion, up 6.8% from the year-ago quarter and above the Zacks Consensus Estimate of $2.63 billion by 4.52%.
Autoliv ended the quarter with cash and cash equivalents of $342 million compared with $322 million a year earlier. Long-term debt was $1.7 billion compared with $1.56 billion in the year- ago period. Shareholder returns continued through dividends. Autoliv paid a cash dividend of 87 cents per share in the quarter, with total dividend payments of $65 million.
Genuine Parts Company (GPC - Free Report) reported its first-quarter 2026 results on April 21. It posted adjusted earnings of $1.77 per share, which missed the Zacks Consensus Estimate of $1.81 by 1.94%. The bottom line improved 1.1% from the year-ago quarter’s adjusted earnings of $1.75 per share. The company posted revenues of $6.27 billion, which beat the Zacks Consensus Estimate of $6.17 billion by 1.5% and increased 6.8% year over year. The performance was driven by solid sales growth across business segments and a 20-basis-point improvement in gross margin to 37.3%.
GPC’s total liquidity was $1.3 billion as of March 31, 2026, including $500 million in cash and $838 million of revolver capacity. During the quarter, GPC invested $98 million in capex and $14 million in acquisitions while returning $142 million to shareholders via dividends. For 2026, the company targets $450-$500 million in capex and $300-$350 million in M&A, with approximately 7.5 million shares remaining under its repurchase authorization.
Key Takeaways CVNA beat Q1 estimates with $1.69 EPS and $6.43B revenues, driven by record 187,393 vehicle sales.Carvana retail revenues jumped 62% as unit sales rose 40% and revenues per vehicle increased 15.8%.CVNA gross profit rose, but profit per unit declined, while operating costs per vehicle improved. Carvana Co. (CVNA - Free Report) reported first-quarter 2026 earnings of $1.69 per share, which beat the Zacks Consensus Estimate of $1.42 by 18.69% and increased from $1.51 in the year-ago quarter.
Better-than-expected revenues across all segments drove the strong performance. Revenues of $6.43 billion beat the Zacks Consensus Estimate of $6.16 billion by 4.39% and increased 52% from last year.
CVNA Revenue Mix Skews Toward Retail StrengthRetail vehicle sales rose 62% from last year to $4.83 billion and remained the company’s biggest source of revenues. The growth was driven by selling more vehicles as well as earning more money per vehicle.
Wholesale sales grew 24.9% from last year to $1.08 billion, helped by selling more units. Other sales also increased 35.2% to $526 million, making a solid contribution to the company’s overall revenues.
Carvana Volume Expansion Continues Across ChannelsCarvana’s retail vehicle unit sales increased 40% year over year to a record 187,393, extending the company’s recent trend of strong unit growth. Retail revenue per unit improved 15.8% to $25,764, indicating higher selling prices on a per-unit basis versus the prior-year quarter.
Wholesale vehicle unit sales also increased, rising 31.7% to 83,574. Wholesale revenue per unit increased 4.8% to $10,338, suggesting more modest per-vehicle pricing gains in wholesale compared with retail.
CVNA Gross Profit Rises but Total GPU SlipsTotal gross profit increased 36.8% year over year to $1.27 billion, reflecting higher volumes across the platform. Retail vehicle gross profit rose 38.2% to $593 million, while wholesale gross profit increased 36.9% to $152 million. Other gross profit also went up 35.2% to $526 million, matching the level of other sales and revenues for the quarter.
Even though total profit increased, profit per vehicle declined. Total gross profit per unit fell to $6,783 from $6,938 last year.
Retail vehicle gross profit per unit dropped slightly to $3,165 from $3,204, while wholesale gross profit per unit decreased to $811 from $829. Other gross profit per unit also went down to $2,807 from $2,905, which led to the overall decline in profit per unit.
Carvana SG&A Dollars Increase, Efficiency ImprovesSelling, general and administrative expenses rose to $690 million from $535 million a year ago. Within SG&A, compensation and benefits totaled $245 million, advertising was $118 million, market occupancy costs were $19 million, logistics expense was $48 million and other SG&A costs were $260 million.
The company became more efficient as it sold more vehicles. Its SG&A expense per retail unit fell to $3,682 from $3,996 last year.
By per-unit category, Carvana operations costs were $1,622 per retail unit versus $1,658 a year ago, while overhead declined to $1,073 from $1,299. Advertising expense per retail unit increased to $630 from $538, consistent with higher spending levels as the company continued to drive demand.
CVNA Profitability and Liquidity Position Stay FirmOperating income increased to $581 million from $394 million last year, helped by higher profits and better control over costs per vehicle. Net income came in at $405 million, with a profit margin of 6.3%. Adjusted EBITDA was $672 million, with a margin of 10.4%, showing overall strong profitability.
As of March 31, 2026, Carvana’s cash and cash equivalents totaled $2.41 billion compared with $2.33 billion as of Dec. 31, 2025. The company also reported total liquidity of $6.91 billion, including cash, available credit, additional borrowing capacity and other financial resources. Its long-term debt totaled $4.85 billion compared with $4.83 billion reported a year ago.
Carvana’s OutlookIn the second quarter, if market conditions remain stable, Carvana expects to sell more cars and generate higher adjusted EBITDA than in the previous quarter, potentially reaching record levels on both. The company also expects strong growth in retail units sold and adjusted EBITDA for the full-year 2026.
CVNA currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto SpaceMobileye Global Inc. (MBLY - Free Report) reported first-quarter 2026 results on April 23. It posted earnings of 12 cents per share, beating the Zacks Consensus Estimate of 8 cents by 58.52%. The bottom line rose 50% year over year, driven by higher shipments of EyeQ system-on-chip. The company posted revenues of $558 million, which beat the Zacks Consensus Estimate of $520 million by 7.36% and increased 27.4% year over year.
Operating cash flow was $75 million, reflecting the company’s ability to convert its ADAS scale into cash generation.
Mobileye also approved a share buyback program of up to $250 million. By the end of the first quarter, MBLY had $1.21 billion in cash, after spending $591 million (net of cash received) on the Mentee Robotics acquisition.
Gentex Corporation (GNTX - Free Report) reported first-quarter 2026 results on April 24. It posted adjusted earnings of 48 cents per share, which beat the Zacks Consensus Estimate of 44 cents by 8.28%. The figure increased 11.6% from 43 cents a year ago. Net sales came in at $675 million, topping the consensus mark of $647 million by 4.36%. Revenues rose 17.1% from $577 million in the year-ago quarter, aided by contributions from VOXX and a richer mix of advanced features.
Liquidity improved during the quarter. As of March 31, 2026, GNTX’s cash and cash equivalents were $164.8 million compared with $145.6 million as of Dec. 31, 2025. Short-term investments increased to $10.3 million from $5.4 million.
Gentex is positioned for a re-rating as its growth and earnings profile shifts, driven by market share gains and the VOXX acquisition. GNTX delivered strong Q1 results, expanding gross margin by 200bps and achieving organic revenue growth despite declining global light vehicle production. Guidance for 2027 revenue has been raised to $2.8–$2.9 billion, with expectations for continued margin expansion and EPS growth to $2.30 by 2027.
Gentex is a market leader in auto-dimming glass, boasting strong profitability, no long-term debt, and historically low valuation multiples. GNTX is expanding beyond automotive mirrors, integrating VOXX, and launching new products in biometrics and smart home safety. Despite declining auto-dimming mirror volumes and China headwinds, GNTX raised 2026 revenue guidance and maintains robust free cash flow and capital returns.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Gentex (GNTX - Free Report) Gentex Corporation, based in Zeeland, MI, supplies automatic-dimming rear-view mirrors and electronics to the automotive industry. It also sells fire protection products and dimmable aircraft windows, and has expanded into premium audio and other consumer electronics through acquisitions.
GNTX is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Auto-Tires-Trucks stock. GNTX has a Momentum Style Score of B, and shares are up 1.1% over the past four weeks.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.03 to $1.96 per share. GNTX boasts an average earnings surprise of +6.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GNTX should be on investors' short list.
ZEELAND, Mich., May 29, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable July 22, 2026, to shareholders of record of the common stock at the close of business on July 8, 2026.
About the Company
Founded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and ir.gentex.com.
Contact Information
Gentex Investor Relations
616-931-3505
This press release was published by a CLEAR® Verified individual.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Gentex (GNTX - Free Report) Gentex Corporation, based in Zeeland, MI, supplies automatic-dimming rear-view mirrors and electronics to the automotive industry. It also sells fire protection products and dimmable aircraft windows, and has expanded into premium audio and other consumer electronics through acquisitions.
GNTX is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Auto-Tires-Trucks stock. GNTX has a Momentum Style Score of B, and shares are up 6.5% over the past four weeks.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $1.96 per share. GNTX boasts an average earnings surprise of +6.1%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GNTX should be on investors' short list.