- Gross Margin Forecast: Gentex has increased its full-year gross margin forecast to a range of 34% to 34.5%, exceeding previous estimates of 33% to 34%.
- Capital Expenditure: The company maintains its capital expenditure forecast between $100 million and $125 million.
- Second Quarter Results:
- Earnings per share were 43 cents, surpassing the estimate of 39 cents.
- Net sales reached $657.9 million, higher than the estimated $624.6 million.
- Net income was $95.7 million, exceeding the forecast of $86.3 million.
- Annual Revenue Outlook: Gentex anticipates consolidated revenue for the year to be between $2.44 billion and $2.61 billion, above the estimate of $2.43 billion.
- 2026 Revenue Guidance: The company will withhold revenue guidance for 2026 until it attains the necessary visibility to provide accurate projections.
- Acquisition: Gentex has completed its acquisition of VOXX International Corporation.
- Market Challenges: Despite difficulties such as tariffs and reduced sales in China, the company offset these through growth in Full Display Mirror products and the addition of VOXX revenues.
- Production Forecast: Light vehicle production forecasts for Q3 2025 and the year are based on S&P Global Mobility insights for multiple regions, including North America, Europe, Japan/Korea, and China.
- Margin Improvement: Core gross margin improved by 210 basis points sequentially, driven by several factors, including product and acquisition growth.
- Analyst Ratings: Gentex currently has 5 buy ratings, 5 hold ratings, and no sell ratings.
Gentex Corp on Smartkarma
Independent analysts on Smartkarma, such as Baptista Research, have been closely monitoring Gentex Corp‘s financial performance. According to Baptista Research, Gentex Corporation’s first-quarter results for 2025 showed a mixed performance. Challenges were noted with net sales falling to $576.8 million due to lower global light vehicle production and weakened markets in North America, Europe, Japan, and Korea. This resulted in a sales shortfall estimated at $25-30 million for the quarter.
In another report by Baptista Research, Gentex Corporation’s fourth-quarter and full-year 2024 financial results were discussed. The company faced challenges such as a decline in net sales to $541.6 million in the fourth quarter of 2024, attributed to decreased light vehicle production in key markets and softer vehicle build mix. Analysts highlighted the importance of geographic and customer base diversification to stabilize and boost revenue streams for Gentex Corp.
A look at Gentex Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Gentex Corp, the company shows a promising long-term outlook. With above-average scores in Growth and Resilience, Gentex Corp is positioned well for future expansion and sustainability. Its focus on innovation and adaptability enhances its competitive advantage in the market.
Gentex Corp‘s strong performance in Growth and Resilience, along with its solid scores in Value, Dividend, and Momentum, indicate a well-rounded investment opportunity. Investors may find Gentex Corp appealing for its stability, growth potential, and overall positive trajectory in the industry.
### Gentex Corporation designs, manufactures, and markets products that use electro-optic technology. The Company’s product lines include automatic-dimming rearview mirrors and fire protection products. Gentex’s Night Vision Safety Mirror automatically darkens to the degree required to eliminate rearview headlight glare. The Company sells its products around the world. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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