Gentex Corporation (GNTX)
NASDAQ: GNTX · IEX Real-Time Price · USD
33.80
+0.19 (0.57%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Gentex Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Gentex stock have an average target of 38.8, with a low estimate of 35 and a high estimate of 44. The average target predicts an increase of 14.79% from the current stock price of 33.80.
Analyst Consensus: Buy
* Price targets were last updated on Apr 17, 2024.
Analyst Ratings
The average analyst rating for Gentex stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $40 → $41 | Strong Buy | Maintains | $40 → $41 | +21.30% | Apr 17, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $42 → $44 | Strong Buy | Maintains | $42 → $44 | +30.18% | Mar 20, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +18.34% | Mar 19, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $31 → $35 | Hold | Maintains | $31 → $35 | +3.55% | Jan 29, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $36 → $42 | Strong Buy | Maintains | $36 → $42 | +24.26% | Jan 29, 2024 |
Financial Forecast
Revenue This Year
2.56B
from 2.30B
Increased by 11.30%
Revenue Next Year
2.76B
from 2.56B
Increased by 7.82%
EPS This Year
2.17
from 1.84
Increased by 17.70%
EPS Next Year
2.49
from 2.17
Increased by 15.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.7B | 2.9B | 3.1B | 3.0B | 3.2B |
| Avg | 2.6B | 2.8B | 2.9B | 2.9B | 3.1B |
| Low | 2.4B | 2.6B | 2.7B | 2.8B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.4% | 12.0% | 11.7% | 2.8% | 8.8% |
| Avg | 11.3% | 7.8% | 5.6% | -0.1% | 5.7% |
| Low | 6.5% | 1.6% | -1.9% | -4.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.28 | 2.68 | 3.10 | 2.79 | 3.16 |
| Avg | 2.17 | 2.49 | 2.68 | 2.71 | 3.07 |
| Low | 2.01 | 2.26 | 2.38 | 2.61 | 2.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.8% | 23.6% | 24.4% | 4.2% | 16.5% |
| Avg | 17.7% | 15.0% | 7.6% | 1.3% | 13.2% |
| Low | 9.1% | 4.5% | -4.4% | -2.7% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.