How Many Gentex Corporation (NASDAQ:GNTX)’s Analysts Are Bullish?

January 21, 2018 - By Clifton Ray

 How Many Gentex Corporation (NASDAQ:GNTX)'s Analysts Are Bullish?
Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.32, from 0.92 in 2017Q2. It increased, as 35 investors sold Gentex Corporation shares while 109 reduced holdings. 41 funds opened positions while 137 raised stakes. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported.
Pub Employees Retirement Association Of Colorado invested in 54,607 shares. Asset Mgmt One Limited reported 11,730 shares or 0% of all its holdings. Commercial Bank Of New York Mellon holds 4.10M shares. Bright Rock Cap Limited Liability Com holds 0.41% of its portfolio in Gentex Corporation (NASDAQ:GNTX) for 71,000 shares. Lyons Wealth Mngmt Limited Company owns 1.24% invested in Gentex Corporation (NASDAQ:GNTX) for 41,711 shares. Fmr Ltd Co holds 9.35 million shares. Catalyst Advisors Ltd holds 188,139 shares. Tocqueville Asset Mngmt Ltd Partnership has invested 0.12% in Gentex Corporation (NASDAQ:GNTX). Burgundy Asset Mgmt Limited owns 2.1% invested in Gentex Corporation (NASDAQ:GNTX) for 11.18 million shares. Ledyard Natl Bank accumulated 960 shares or 0% of the stock. Reliance Trust Of Delaware stated it has 11,778 shares. 97,492 were accumulated by Redmond Asset Management Limited Liability Co. Commonwealth Equity Incorporated reported 25,544 shares. Advantus Cap Mngmt stated it has 36,103 shares. Fiduciary Tru Company reported 12,059 shares.

Since August 7, 2017, it had 0 insider buys, and 3 selling transactions for $4.39 million activity. Downing Steven R sold $157,582 worth of stock or 8,000 shares. $4.15M worth of Gentex Corporation (NASDAQ:GNTX) shares were sold by BAUER FRED.

Gentex Corporation (NASDAQ:GNTX) Ratings Coverage

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Gentex Corp had 17 analyst reports since October 20, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Wednesday, January 27. KeyBanc Capital Markets maintained the shares of GNTX in report on Thursday, October 12 with “Buy” rating. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Buy” rating by KeyBanc Capital Markets on Monday, November 13. FBR Capital maintained Gentex Corporation (NASDAQ:GNTX) rating on Friday, October 21. FBR Capital has “Outperform” rating and $22 target. The stock of Gentex Corporation (NASDAQ:GNTX) has “Hold” rating given on Monday, July 24 by Craig Hallum. Robert W. Baird maintained Gentex Corporation (NASDAQ:GNTX) on Monday, October 23 with “Outperform” rating. The firm earned “Buy” rating on Friday, October 20 by Robert W. Baird. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Thursday, January 11 by FBR Capital. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Wednesday, August 23 by KeyBanc Capital Markets. The rating was maintained by FBR Capital on Tuesday, January 2 with “Buy”. Below is a list of Gentex Corporation (NASDAQ:GNTX) latest ratings and price target changes.

11/01/2018 Broker: FBR Capital Rating: Buy New Target: $25.0 Maintain
05/01/2018 Broker: Longbow Rating: Buy New Target: $25 Initiates Coverage On
02/01/2018 Broker: FBR Capital Rating: Buy New Target: $25.0 Maintain
13/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $25.0 Maintain
23/10/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $22 New Target: $21 Maintain
20/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $21.0 Maintain
12/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $25.0 Maintain
23/08/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $25.0 Maintain
24/08/2017 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Upgrade
24/07/2017 Broker: Craig Hallum Old Rating: Buy New Rating: Hold Downgrade

It closed at $22.81 lastly. It is down 19.63% since January 21, 2017 and is uptrending. It has outperformed by 2.93% the S&P500.

Gentex Corporation designs, develops, makes, and markets 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 worldwide. The company has market cap of $6.48 billion. It offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. It has a 18.1 P/E ratio. The firm also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, photoelectric smoke detectors and electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments.

More notable recent Gentex Corporation (NASDAQ:GNTX) news were published by: Streetinsider.com which released: “Gentex Corp (GNTX) Plans to Demonstrate New Connected Car, Biometrics and …” on January 02, 2018, also Nasdaq.com with their article: “Gentex Corporation (GNTX) Ex-Dividend Date Scheduled for January 04, 2018” published on January 03, 2018, Globenewswire.com published: “Gentex Announces First Customer for Its Newest Connected Car and Digital Rear …” on January 09, 2018. More interesting news about Gentex Corporation (NASDAQ:GNTX) were released by: Globenewswire.com and their article: “Gentex Corporation Announces Retirement” published on January 05, 2018 as well as Globenewswire.com‘s news article titled: “Gentex Takes Equity Stake in Yonomi to Help Bring Home Automation to the …” with publication date: January 08, 2018.

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