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Gentex to Highlight New Automotive Tech and Demonstrate Inroads Into New Markets at CES 2026
Globenewswire· 2026-01-06 13:00
Gentex's next-gen Full Display Mirror w/ Dynamic View Assist works in conjunction with the vehicles side-blind-zone alert system. Gentex's next-generation FDM incorporates the company’s proprietary Dynamic View Assist, a series of dynamic viewing modes that can enhance driving safety and make using a digital mirror feel more natural. For enhanced visibility, the system automatically expands the mirror’s digital view when the vehicle is moving slowly, tilts downward when the vehicle is in reverse, expands ...
Gentex Schedules Fourth Quarter and Year End 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-12-30 13:00
ZEELAND, Mich., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies and consumer electronics, is pleased to announce that it will release its Fourth Quarter and Year End 2025 financial results on Friday January 30, 2026, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results. The call will also be avail ...
P/E Ratio Insights for Gentex - Gentex (NASDAQ:GNTX)
Benzinga· 2025-12-15 16:00
Looking into the current session, Gentex Inc. (NASDAQ:GNTX) shares are trading at $23.70, after a 0.13% spike. Moreover, over the past month, the stock increased by 6.19%, but in the past year, decreased by 20.98%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. Gentex P/E Compared to CompetitorsThe P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the ...
Gentex declares $0.12 dividend (NASDAQ:GNTX)
Seeking Alpha· 2025-11-28 13:04
Core Insights - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if ad-blockers are enabled, indicating a need to disable them for proper access [1]
Gentex Announces Fourth Quarter 2025 Cash Dividend
Globenewswire· 2025-11-28 13:00
Core Viewpoint - Gentex Corporation has declared a quarterly cash dividend of $0.12 per share, payable on January 21, 2026, to shareholders of record as of January 7, 2026 [1] Company Overview - Gentex Corporation, founded in 1974, is a technology company based in Zeeland, Michigan, specializing in digital vision, connected car technologies, dimmable glass, fire protection technologies, medical devices, and consumer electronics [2] - The company utilizes its core competencies, strategic partnerships, acquisitions, and ongoing research to establish market-leading positions across various verticals [2]
GENTEX AND GENIE PARTNER TO BRING CLOUD-BASED GARAGE DOOR ACTIVATION TO HOMELINK
Prnewswire· 2025-11-20 14:32
Core Insights - Gentex Corporation and The Genie Company have formed a partnership to integrate Genie's Aladdin Connect platform into Gentex's HomeLink system, enhancing car-to-home automation capabilities [1][4] - HomeLink is recognized as the automotive industry's leading car-to-home automation system, currently available on nearly 300 vehicle models and with approximately 110 million units in operation [2] - The Genie Aladdin Connect platform allows users to remotely control their garage doors via smartphone, offering features like real-time notifications and multi-user access [3] Company Overview - Gentex Corporation, founded in 1974, specializes in technology and has established market-leading positions through strategic partnerships and ongoing research [4] - The Genie Company, a subsidiary of Overhead Door Corporation, is a prominent manufacturer of smart garage door openers and accessories, focusing on customer-centric innovations [4] Technological Advancements - The integration of Genie’s Aladdin Connect into HomeLink will enable users to control garage doors and other smart home devices directly from their vehicles, utilizing cloud-based technology [1][2] - HomeLink's latest version employs radio frequency, Long-Range Bluetooth, and cloud technology to enhance connectivity and control over various smart home devices [2]
Gentex and Genie Partner to Bring Cloud-Based Garage Door Activation to HomeLink
Globenewswire· 2025-11-20 13:00
ZEELAND, Mich. and MT. HOPE, Ohio, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX) and The Genie® Company today announced an agreement that allows Gentex to integrate Genie’s Aladdin Connect® platform into HomeLink®, the automotive industry’s leading car-to-home automation system. The partnership will enable Gentex customers to control connected Genie products via HomeLink, securely triggering garage door open/close commands from the HomeLink app or connected vehicle via the HomeLink clo ...
Gentex Announces Acquisition of BioConnect
Globenewswire· 2025-11-17 13:00
Core Insights - Gentex Corporation has acquired BioConnect, a leader in biometric authentication solutions, enhancing its position in the security and access control industry [1][4] - The acquisition aims to leverage BioConnect's expertise in biometric technology to develop advanced solutions across various sectors including automotive, aerospace, and medical [4][5] - BioConnect serves over 1,500 customers in regulated industries, including healthcare and financial services, and is recognized for its holistic security systems [5][6] Company Overview - Gentex Corporation, founded in 1974, specializes in electro-optical products for automotive, aerospace, fire protection, and medical industries, and is expanding into smart technologies [2][7] - BioConnect, established in 2010, provides an enterprise biometric and multi-factor authentication platform aimed at enhancing identity trust and protecting valuable enterprise assets [6][5] Strategic Synergies - The acquisition is expected to create synergies with EyeLock, another biometric technology acquired by Gentex, to form a dedicated Security & Access Control team [4] - Collaboration between BioConnect and EyeLock personnel is already underway to integrate EyeLock hardware into BioConnect's platforms [4]
Can Gentex Stock Jump 50%?
Forbes· 2025-11-13 19:30
Core Insights - Gentex (GNTX) is expanding beyond automotive mirrors and smart glass technologies into advanced safety and connected vehicle systems, indicating a strategic shift in its business model [2] - The company has maintained steady profitability supported by a strong balance sheet and disciplined management, with innovation driving growth opportunities through new products and acquisitions [2] - Gentex's acquisition of VOXX resulted in an 8% increase in consolidated sales during Q3 2025 and improved gross margins due to operational synergies [3] Financial Performance - The anticipated shipments for Full Display Mirror technology are expected to rise by 200,000 to 300,000 units in 2025 compared to the previous year, reflecting robust demand [3] - The management updated the 2025 consolidated revenue forecast to $2.5-$2.6 billion, showcasing confidence in the company's growth trajectory [3] - Gentex boasts a free cash flow yield of 9.4%, with an operating margin of 19.0% over the last 12 months, and a revenue growth of 3.0% [10] Valuation Metrics - GNTX stock is currently trading at 35% below its 2-year high and 14% below its 1-month high, with a price-to-sales ratio lower than its 3-year average, indicating an appealing valuation [10] - The average forward returns for GNTX are projected at 10.4% for 6 months and 20.4% for 12 months, with a win rate of around 74% for positive returns over the 12-month period [11]
Gentex(GNTX) - 2025 Q3 - Quarterly Report
2025-11-07 16:26
Financial Performance - Consolidated net sales for Q3 2025 increased by $46.7 million or 8% to $634.9 million, with VOXX contributing $84.9 million in revenue [102] - Core Gentex automotive net sales (excluding VOXX) decreased by 6% to $558.0 million in Q3 2025, compared to $596.5 million in Q3 2024 [103] - Net income attributable to Gentex for Q3 2025 was $101.0 million, down 18% from $122.5 million in Q3 2024 [113] - Consolidated net sales for the nine months ended September 30, 2025, increased by $118.2 million or 7% to $1.8 billion, with VOXX contributing $163.8 million [115] - Net income attributable to Gentex for the nine months ended September 30, 2025, decreased by $24.9 million or 8% to $291.9 million [126] - Earnings per diluted share attributable to Gentex for the nine months ended September 30, 2025, was $1.31, compared to $1.38 for the same period in 2024 [127] - For the third quarter of 2025, the Company reported net sales of $655.2 million, an 8% increase compared to $608.5 million in the third quarter of 2024 [145] - Adjusted Net Income Attributable to Gentex Corporation for the nine months ended September 30, 2025, was $302.1 million, compared to $316.8 million for the same period in 2024 [134] Operating Expenses - Total operating expenses increased by 31% to $102.8 million in Q3 2025, primarily due to the VOXX acquisition [107] - Core Gentex operating expenses (excluding VOXX) were $238.6 million for the nine months ended September 30, 2025, compared to $224.9 million in the same period of 2024 [121] - Operating expenses (excluding severance) are projected to be $380 – $390 million, up from the previous estimate of $370 - $390 million [168] Margins and Guidance - Gross margin for core Gentex (excluding VOXX) improved to 34.9% in Q3 2025, a 140 basis-point increase from Q3 2024 [106] - Gross margin guidance is set at 33.5% – 34%, slightly improved from the previous range of 33% - 34% [168] Cash Flow and Capital Expenditures - Cash flow from operating activities for the nine months ended September 30, 2025, increased by $117.8 million to $461.6 million, compared to $343.8 million during the same period last year [138] - Capital expenditures for the nine months ended September 30, 2025, were approximately $103.4 million, compared to approximately $103.0 million for the same period last year [139] Inventory and Share Repurchase - Inventories as of September 30, 2025, were $499.2 million, an increase from $436.5 million as of December 31, 2024, primarily due to the acquisition of VOXX [137] - The Company repurchased 9,805,995 shares during the nine months ended September 30, 2025, with 39,643,403 shares remaining available for repurchase under the plan [144] Market and Production Outlook - The Company expects global light vehicle production for Q4 2025 to decline approximately 4% compared to Q4 2024, with full-year 2025 production expected to be down 1% year-over-year [164] - Light vehicle production in North America is forecasted to decrease by 4% in Q4 2024 compared to Q4 2025, with total production expected to be 19.85 million units [165] - The company anticipates ongoing volatility in customer orders and vehicle production volumes due to various geopolitical and economic factors [167] Challenges and Economic Conditions - The Company has been impacted by pricing pressure from automotive customers and competitors, along with increases in tariffs, raw material costs, labor costs, and logistics costs [160] - The Company continues to face challenges from uncertain economic conditions, including inflation and parts shortages, which may reduce demand for its products [161] - The company faces increased input costs due to existing and potential future tariffs, impacting its competitive position [177] New Products and Innovations - The Company continues to develop its camera monitoring system (CMS), which uses three cameras to provide a comprehensive view of the vehicle's surroundings, enhancing safety and functionality [149] - The Company has announced a partnership with TransCore for a vehicle-integrated tolling solution, currently shipping on 11 Audi platforms and expanding to Mercedes EQS model [151] - The Company recorded its first official sales of medical devices from shipments of the e-Sight Go product in 2024, following the acquisition of technology assets from eSight [155] - The Company acquired GalvanEyes, LLC in 2024, gaining access to EyeLock iris biometric technology for applications in automotive, aerospace, and medical markets [156] - The Company is working on an intelligent medical lighting system co-developed with Mayo Clinic, aimed at optimizing illumination for surgical environments [154] Capacity and Production Capabilities - The Company estimates its current building capacity to manufacture approximately 42 - 45 million interior mirror units annually and approximately 19 - 22 million exterior mirror units annually [142] - During the nine months ended September 30, 2025, the Company had 42 net new nameplate launches of interior and exterior auto-dimming mirrors and electronic features [146] Revenue Guidance - Consolidated revenue guidance for 2025 is adjusted to $2.50 – $2.60 billion, up from the previous range of $2.44 – $2.61 billion [168] - Gentex's primary markets revenue is expected to be $2.14 – $2.15 billion, an increase from the previous estimate of $2.10 – $2.20 billion [168] - The revenue estimate for the Gentex China market is revised to $134 – $145 million, compared to the previous range of $100 – $125 million [168] - The company will withhold revenue guidance for calendar year 2026 due to current geopolitical and tariff uncertainties [170]