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Last €16.10 EUR
Change Today -0.37 / -2.25%
Volume 0.0
GTX On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 3:12 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

gentex corp (GTX) Snapshot

Open
€16.30
Previous Close
€16.47
Day High
€16.60
Day Low
€16.10
52 Week High
03/20/15 - €17.35
52 Week Low
04/30/14 - €10.28
Market Cap
4.7B
Average Volume 10 Days
70.1
EPS TTM
--
Shares Outstanding
294.6M
EX-Date
04/2/15
P/E TM
--
Dividend
€0.32
Dividend Yield
1.63%
Current Stock Chart for GENTEX CORP (GTX)

gentex corp (GTX) Related Businessweek News

No Related Businessweek News Found

gentex corp (GTX) Details

Gentex Corporation designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors; automotive electronics; and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. It also provides photoelectric smoke detectors and alarms, photoelectric smoke detectors and visual signaling alarms, photoelectric smoke detectors and electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors and alarms, audible and visual signaling alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial establishments, as well as in residential applications. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was founded in 1974 and is headquartered in Zeeland, Michigan.

4,196 Employees
Last Reported Date: 02/23/15
Founded in 1974

gentex corp (GTX) Top Compensated Officers

Founder, Executive Chairman and Chief Executi...
Total Annual Compensation: $615.6K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: $309.8K
Vice President of Operations
Total Annual Compensation: $248.7K
Senior Vice President, Secretary and Director
Total Annual Compensation: $513.1K
Chief Accounting Officer and Vice President o...
Total Annual Compensation: $218.8K
Compensation as of Fiscal Year 2014.

gentex corp (GTX) Key Developments

Gentex Corporation Declares Quarterly Cash Dividend, Payable April 17, 2015

Gentex Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share that will be payable April 17, 2015, to shareholders of record of the common stock at the close of business on April 7, 2015.

Gentex Corp. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Financial Guidance for the Year 2015

Gentex Corp. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the fourth quarter of 2014, the Company reported net sales of $350.4 million, an increase of 7% compared to net sales of $326.8 million for the fourth quarter of 2013. The increase was behind the forecast provided at the beginning of the quarter primarily due to end of year inventory adjustments at certain tier-one automotive customers, that are not expected to continue. Net income for the fourth quarter of 2014 was $71.0 million, up 2% compared with net income of $69.9 million in the fourth quarter of 2013. After adjusting for the stock split, earnings per diluted share in the fourth quarter of 2014 were $0.24 compared with earnings per diluted share of $0.24 in the fourth quarter of 2013. Income from operations was $98,615,363 against $95,635,657 a year ago. Income before Income Taxes was $104,019,790 against $104,137,938 a year ago. Cash and cash equivalents were $497.4 million, up from $309.6 million as of December 31, 2013, primarily due to cash flow from operations, which for the fourth quarter was $99.8 million compared to $93.7 million in the fourth quarter of 2013, driven by increases in net income and changes in working capital. Capital expenditures for the fourth quarter were $22.5 million compared with $17.4 million in the fourth quarter of 2013. For calendar year 2014, the company's net sales increased 17% to $1.38 billion compared to $1.17 billion for calendar year 2013. Net income in calendar year 2014 was $288.6 million, up 29% compared with net income of $222.9 million in calendar year 2013. Earnings per diluted share were $0.98 for calendar year 2014, compared with $0.77 for calendar year 2013. Income from operations was $398,834,174 against $304,741,813 a year ago. Income before Income Taxes was $415,326,490 against $328,064,043 a year ago. Year-to-date, cash flow from operations was $327 million against $317.3 million in 2013, also driven by increased net income and changes in working capital. Capital expenditures for the year was $72.5 million versus $55.4 million in 2013. The company estimates that net sales for calendar year 2015 will be between $1.47 billion and $1.54 billion. The company also estimates that the profit margin will be between 38.5% and 39.5% for calendar year 2015. Operating expenses, which include ER&D and SG&A expenses, are expected to be between $150 million and $157 million for calendar year 2015, demonstrating continued discipline to manage growth of expenses inside of targeted sales growth, while continuing to reinvest in the business. The company expects that the effective tax rate will be between 31.5% and 32.5% for the year. Based on the previously announced facilities' projects and expected growth in unit shipments, the company is expecting that capital expenditures will be in the range of $95 million to $105 million for the year. Depreciation and amortization is expected to be approximately $85 million to $90 million for the year.

Gentex Corp. to Report Q4, 2014 Results on Jan 28, 2015

Gentex Corp. announced that they will report Q4, 2014 results at 10:30 AM, US Eastern Standard Time on Jan 28, 2015

 

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Industry Analysis

GTX

Industry Average

Valuation GTX Industry Range
Price/Earnings 18.1x
Price/Sales 3.8x
Price/Book 3.3x
Price/Cash Flow 18.1x
TEV/Sales 3.2x
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