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Is this Large Market Cap Stock target price reasonable for Gentex Corp. (NASDAQ:GNTX)?

The company in question is, Gentex Corp. (NASDAQ:GNTX) currently with a stock price of 17.45 (-0.29% today). The market cap for Gentex Corp. is 5049.8, and is in the sector Consumer Goods, and Auto Parts industry. The target price for Gentex Corp. is 17.86. Currently Gentex Corp. is trading with a P/E of 15.38, and a forward P/E of 13.36. Average volume for Gentex Corp. is 2084.3 and so far today it is 729354.

Performance in the last year for Gentex Corp. has been 13.95%. For EPS growth, Gentex Corp. has seen a growth of 9.60%, and is looking to grow in the next year to 9.26%. More long term stats show that EPS growth has been 17.00% over the last five years and could be 10.98% for the next five years. Gentex Corp. has seen sales growth quarter over quarter at 11.70%, with EPS growth quarter over quarter at 18.40%. The 20-day simple moving average is -1.10%, with the 200-day simple moving average coming to 10.11%.

Since the IPO date for Gentex Corp. on the 3/26/1990, Gentex Corp. has seen performance year to date to be 11.74%. With Gentex Corp. trading at 17.45, the dividend yield is 2.06%, and the EPS is 1.14.

So could Gentex Corp., be undervalued? Well as said before P/E is 15.38. The PEG is 1.4, P/S is 3.11 and the P/B is at 2.83. The P/cash is 7.83, with P/free cash flow at 25.91.

Gentex Corp. ability to deal with debt shows that the current ratio is 6.2, and the quick ratio is 5.2. This is with long term debt/equity at 0.12, and total debt/equity at 0.

In terms of margins, Gentex Corp. has a gross margin of 39.40%, an operating margin of 30.30% and a profit margin of 20.50%.Payout ratio for Gentex Corp. is 30.00%. Return on assets come to 15.40% with return on investment coming to 16.00%.

Insider ownership for Gentex Corp., is at 2.00% and institutional ownership comes to 90.70%. Outstanding shares are at 288.56. While shares float is 280.91. The float short is currently 8.61%, and short ratio is 11.61.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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