# Gentex Corporation  Share Price Target ‘$38.00’, now 10.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/gentex-corporation-share-price-target-38.00-now-10.0-upside-potential/4121141990
- Published: 2024-02-09T14:07:33+00:00
- Author: Charlotte Edwards

**Gentex Corporation** with ticker code (GNTX) now have 8 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $42.00 and $35.00 calculating
the average target share price we see $38.00. (at the time of writing). Given that
the stocks previous close was at $34.55 and the analysts are correct then we can
expect a percentage increase in value of 10.0%. The day 50 moving average is $32.23
and the 200 day MA is $30.76. The total market capitalization for the company now
stands at 8.14B. The stock price is currently at: $34.91 USD

 The potential market cap would be $8,955,969,589 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 18.97, revenue per share of $9.88
and a 12.55% 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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