# Gentex Corporation – Consensus ‘buy’ rating and 20.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/gentex-corporation-consensus-buy-rating-and-20.8-upside-potential/4121166136
- Published: 2024-07-26T13:00:53+01:00
- Author: Charlotte Edwards

**Gentex Corporation** with ticker code (GNTX) have now 8 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $44.00 and $35.00 calculating the mean
target price we have $39.25. Given that the stocks previous close was at $32.49 
and the analysts are correct then we can expect a percentage increase in value of
20.8%. The 50 day MA is $34.08 and the 200 moving average now moves to $33.40. The
market cap for the company is 7.53B. The stock price is currently at: $32.56 USD

 The potential market cap would be $9,093,522,264 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 17.23, revenue per share of $10.22
and a 12.43% 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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