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Last €14.62 EUR
Change Today -0.008 / -0.05%
Volume 0.0
GTX On Other Exchanges
As of 2:08 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

gentex corp (GTX) Snapshot

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52 Week High
03/20/15 - €17.35
52 Week Low
10/15/14 - €10.31
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Current Stock Chart for GENTEX CORP (GTX)

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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, Senior Vice Presiden...
Total Annual Compensation: $309.8K
Vice President of Operations
Total Annual Compensation: $248.7K
Chief Accounting Officer and Vice President o...
Total Annual Compensation: $218.8K
Vice President of Purchasing
Total Annual Compensation: $185.0K
Compensation as of Fiscal Year 2014.

gentex corp (GTX) Key Developments

Gentex Corp. Announces Executive Changes

Gentex Corporation announced that the company's Senior Vice President and Corporate Secretary, Mark Newton is leaving the Company for personal reasons and resigning his seat on the Company's Board of Directors effective immediately. Also effective immediately, the Company's Vice President of Finance and Chief Financial Officer, Steve Downing has been promoted to Senior Vice President and will retain the role of Chief Financial Officer. The company announced that Scott Ryan has been promoted to Assistant General Counsel and Corporate Secretary. Mr. Ryan has extensive knowledge and experience with the Company in intellectual property and general legal matters since 2006. During this time, Mr. Ryan has been responsible for redefining the Company's intellectual property portfolio strategy, supporting the Company during the HomeLink acquisition and supporting all legal and compliance matters for the Company.

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

Gentex Corporation reported that its Board of Directors approved an increase in its quarterly cash dividend to $0.085 per share. The Board subsequently declared a quarterly cash dividend of $0.085 per share that will be payable July 17, 2015, to shareholders of record of the common stock at the close of business on July 7, 2015.

Gentex Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for 2015

Gentex Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $368,937,455 against $335,739,344 a year ago. Income from operations was $107,708,506 against $97,177,546 a year ago. Income before income taxes was $108,417,890 against $101,692,090 a year ago. Net income was $77,183,441 or $0.26 basic and diluted earnings per share against $68,566,071 or $0.23 diluted earnings per share a year ago. Cash flow from operations was increased to $108 million from $97.7 million in the first quarter of 2014. Capital expenditures for the first quarter of 2015 were $15.7 million compared with $16.4 million in the first quarter of 2014. The company provided earnings guidance for 2015. For the year, net sales are expected to be $1.47 billion to $1.54 billion. Gross margin is expected to be 38.5% to 39.5%. Tax rate is expected to be 31.5% to 32.5%. Capital expenditures are expected to be $95 to $105 million. Depreciation & amortization are expected to be $85 to $90 million.


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