Gentex Corporation (NASDAQ:GNTX) registered a -1.74% decrease, still its new closing price is 59.15% up from the company’s 1 year high of 21.89.It posted -6.33% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 2 buy or better ratings. The 11 stock analysts following this company have an average price target at $21.10, with individual PT in the $12.00-$25.00 range. The shares moved at $20.29, implying that brokerage firms see shares gaining about 51.14% in twelve months time.
Gentex Corporation (GNTX) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 3.51% rise year to date. A CFO at Gentex Corporation (GNTX) offloaded shares in a transaction closed on Tuesday January 31, 2017. Downing Steven R sold 10,176 shares in the company at $20.75 each and collected $211,000 in proceeds. Downing Steven R now owns 41,125 shares in the company after this transaction. A Director in the company, SOTOK FREDERICK A, disclosed a transaction on Monday January 30, 2017 that ended up generating $251,000 from the sale of 12,000 shares at $20.93 per share.
Gentex Corporation (NASDAQ:GNTX) Upcoming Results on Tap
Gentex Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.31 in that period. Sales during the quarter are predicted to arrive at $444.5 million.
Gentex Corporation (GNTX) Brokerage Update
Gentex Corporation (GNTX) is in Robert W. Baird’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Outperform by Robert W. Baird, according to news reported on Wednesday January 27, 2016.Another important research note was issued by Robert W. Baird on Tuesday July 09, 2013.The firm downgraded GNTX to Neutral from Outperform. Over the last six months and over the last three months, the shares of Gentex Corporation (GNTX), have changed 18.07% and 22.92%, respectively.
