# Gentex Corporation – Consensus ‘buy’ rating and 16.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/gentex-corporation-consensus-buy-rating-and-16.5-upside-potential/4121129746
- Published: 2023-10-13T13:57:37+01:00
- Author: Charlotte Edwards

**Gentex Corporation** with ticker code (GNTX) have now 8 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 40 and 33 calculating the mean target price we have $37.13.
Now with the previous closing price of $31.88 this indicates there is a potential
upside of 16.5%. It’s also worth noting that there is a 50 day moving average of
$32.34 and the 200 day moving average is $29.35. The company has a market capitalization
of 7.34B. The stock price for the company is currently 31.43 USD

 The potential market cap would be $8,545,133,420 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 20.15, revenue per share of 9.21
and a 11.04% return on assets.

Gentex Corporation is a designer, developer, manufacturer, marketer, and supplier
of digital vision, connected car, dimmable glass, and fire protection products. 
The Company provides automatic-dimming and non-automatic-dimming rearview mirrors
and electronics for the automotive industry; dimmable aircraft windows for the aviation
industry; and commercial smoke alarms and signaling devices for the fire protection
industry. The Company’s business segment involves designing, developing, manufacturing,
and marketing interior and exterior automatic-dimming automotive rearview mirrors
that utilizes electrochromic technology to dim in proportion to the amount of headlight
glare from trailing vehicle headlamps. Within this business segment, the Company
also designs, develops and manufactures various electronics that are value added
features to the interior and exterior automotive rearview mirrors as well as electronics
for interior visors, overhead consoles, and other locations in the vehicle.

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