Stock To Watch: Gentex Corporation (NASDAQ:GNTX)


The leading market experts have placed a mean price target of $17.86 on Gentex Corporation (NASDAQ:GNTX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.32 a share for the upcoming quarter and $1.20 for the current fiscal.

Technical View

The technical analysis of Gentex Corporation plainly substantiates that the 50-day moving average of Gentex Corporation is $17.51, and stock is trading $0.18 points away or +1.03% from its 50-day moving average of $17.51. Further it is trading $1.56 or +9.70% away its 200-day moving average of $16.13. Gentex Corporation (NASDAQ:GNTX) 52-week high is $18.30 and the 52-week low is $12.93.

This explains if the stock moves $-0.61, it will post a 52-week high. In event of +36.81% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Gentex Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Gentex Corporation (NASDAQ:GNTX) ratio came in at 15.52.

The stock last ended the trading session at $17.69 and registered a market cap of $5.07B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Gentex Corporation (NASDAQ:GNTX) PEG ratio is at 1.40.

1 Chart Pattern Every Investor Should Know

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