B.Riley FBR analyst Josh Nichols reiterated a Buy rating on Gentex (NASDAQ:GNTX) Corp. on Monday, setting a price target of $32, which is approximately 23.93% above the present share price of $25.82.
Nichols expects Gentex Corp . to post earnings per share (EPS) of $0.36 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Gentex, with an average price target of $29.4.
The analysts price targets range from a high of $32 to a low of $25.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $453.76 million and a net profit of $105.03 million. The company's market cap is $6.32 billion.
According to TipRanks.com, B.Riley FBR analyst Josh Nichols is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.8% and a 43.41% success rate.
Gentex Corp. engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products, Its revenue is derived from the production and sales of automotive products in the United States, Germany, and Japan. Its products include automatic-dimming rearview mirrors, dimmable aircraft windows, and commercial smoke alarms and signaling devices. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.