{ }
001122334455554433221100
001122334455554433221100
Symbol GNTX
Name Gentex Corporation
Currency USD
Sector Consumer Discretionary
IndustryGroup Automobiles & Components
Industry Auto Components
Market NASDAQ Global Select
Country United States
State MI
City Zeeland
Zipcode 49464
Website http://www.gentex.com

us auto industry faces challenges from new tariffs and market dynamics

UBS analysts warn that the U.S. auto sector faces significant challenges due to new 25% tariffs on imported cars and parts, impacting automakers and suppliers like Gentex Corporation, which is trading near 52-week lows despite strong financial health. Tesla and Rivian may be better positioned as their production is U.S.-based, while General Motors might consider relocating production to avoid tariffs, though this would require substantial investment. Gentex reported a record annual revenue of $2.31 billion for 2024, despite missing quarterly earnings expectations, and anticipates revenue guidance of $2.4 to $2.45 billion for 2025.

ubs analysis highlights potential impacts of tariffs on auto industry earnings

UBS's analysis highlights the potential impact of tariffs on US auto parts and auto-tech stocks, predicting significant earnings damage without mitigation strategies. Gentex Corporation, despite recent earnings misses, remains well-positioned with strong financial metrics and plans for growth, including a projected revenue increase for 2025 and an acquisition of VOXX International Corporation. The analysis underscores the importance of pricing strategies and volume adjustments for companies facing tariff challenges.

ubs analyzes tariff impacts on automotive stocks and company performance

UBS's analysis reveals that U.S. auto parts and technology stocks could face significant profit losses under various tariff scenarios with Mexico and Canada, particularly if companies fail to adjust prices or reduce volumes. Gentex Corporation, despite recent earnings misses, remains well-positioned with strong financials and a focus on growth, including a forecasted revenue increase for 2025 and a strategic acquisition of VOXX International Corporation. The analysis underscores the critical need for companies to manage increased costs effectively in a challenging market environment.

gentex corporation sees mixed analyst ratings and institutional investment growth

Handelsbanken Fonder AB increased its stake in Gentex Corporation, owning 74,966 shares valued at $2.23 million, while Country Trust Bank raised its holdings by 3.0%, now owning 904,867 shares worth $26.87 million. Institutional investors hold 86.76% of the company's stock. Gentex, which specializes in automotive products, saw its stock price target lowered by UBS Group to $29.00, indicating a potential upside of 13.88%. The company reported a quarterly EPS of $0.39, missing estimates, with analysts forecasting a 2.1 EPS for the current year.

gentex corporation receives neutral rating from ubs amid diverse product offerings

Gentex Corporation specializes in designing and manufacturing products for digital vision, connected cars, dimmable glass, and fire protection. The company offers auto-dimming and non-auto-dimming rearview mirrors, aircraft window dimming solutions, and commercial smoke detectors, utilizing proprietary electrochromic technology to enhance safety and comfort in automotive and aviation industries.

gentex corporation receives neutral rating from ubs amid diverse product offerings

Gentex Corporation specializes in designing and manufacturing products for digital vision, connected cars, dimmable glass, and fire protection. The company offers auto-dimming and non-auto-dimming rearview mirrors for the automotive sector, dimming windows for aviation, and smoke detectors for fire safety. Its innovative electrochromic technology enhances the functionality of automotive mirrors and related electronic components.
16:02 28.10.2024
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.