Gentex Corp (NASDAQ: GNTX)’s stock price has decreased by -0.14 compared to its previous closing price of 28.01. However, the company has seen a 2.01% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-23 that Investors interested in Automotive – Original Equipment stocks are likely familiar with Gentex (GNTX) and Modine (MOD). But which of these two companies is the best option for those looking for undervalued stocks?
Is It Worth Investing in Gentex Corp (NASDAQ: GNTX) Right Now?
Gentex Corp (NASDAQ: GNTX) has a higher price-to-earnings ratio of 14.94x compared to its average ratio. GNTX has 36-month beta value of 0.90. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for GNTX is 226.92M, and currently, short sellers hold a 2.60% ratio of that float. The average trading volume of GNTX on January 24, 2025 was 1.45M shares.
GNTX’s Market Performance
GNTX’s stock has seen a 2.01% increase for the week, with a -3.98% drop in the past month and a -5.19% fall in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 1.75% for Gentex Corp The simple moving average for the past 20 days is -0.42% for GNTX’s stock, with a -11.01% simple moving average for the past 200 days.
Analysts’ Opinion of GNTX
Many brokerage firms have already submitted their reports for GNTX stocks, with UBS repeating the rating for GNTX by listing it as a “Neutral.” The predicted price for GNTX in the upcoming period, according to UBS is $34 based on the research report published on September 04, 2024 of the previous year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see GNTX reach a price target of $34. The rating they have provided for GNTX stocks is “Neutral” according to the report published on July 30th, 2024.
BofA Securities gave a rating of “Neutral” to GNTX, setting the target price at $33 in the report published on July 06th of the previous year.
GNTX Trading at -4.69% from the 50-Day Moving Average
After a stumble in the market that brought GNTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.56% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares sank -4.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.59% lower at present.
During the last 5 trading sessions, GNTX rose by +2.01%, which changed the moving average for the period of 200-days by -22.11% in comparison to the 20-day moving average, which settled at $28.09. In addition, Gentex Corp saw -2.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GNTX starting from GENTEX CORP, who purchase 3,152,500 shares at the price of $5.00 back on Aug 23 ’24. After this action, GENTEX CORP now owns 6,463,808 shares of Gentex Corp, valued at $15,762,500 using the latest closing price.
ANDERSON JOSEPH B JR, the Director of Gentex Corp, sale 4,716 shares at $34.46 during a trade that took place back on May 20 ’24, which means that ANDERSON JOSEPH B JR is holding 3,764 shares at $162,503 based on the most recent closing price.
Stock Fundamentals for GNTX
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.34 for the gross margin
The net margin for Gentex Corp stands at 0.18. The total capital return value is set at 0.21. Equity return is now at value 18.25, with 16.16 for asset returns.
Based on Gentex Corp (GNTX), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 246.83. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 183.18.
Currently, EBITDA for the company is 589.05 million with net debt to EBITDA at -0.29. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The receivables turnover for the company is 6.63for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.69.
Conclusion
To put it simply, Gentex Corp (GNTX) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
