How to Buy Gentex Stock
Gentex Corp
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally.
Gentex stock last closed at $34.65, down 1.45% from the previous day, and has increased 30.9% in one year. It has overperformed other stocks in the Auto Parts industry by 0.38 percentage points. Gentex stock is currently +34.04% from its 52-week low of $25.85, and -7.78% from its 52-week high of $37.58.
At the moment, there are 231.49M shares of GNTX outstanding. The market cap of GNTX is $8.02B. In the past 24 hours, 1.6M GNTX shares were traded.
How to Buy Gentex Stock
Wondering how to invest in Gentex stock? Here's how.
- Choose where to buy Gentex stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Gentex stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your details.
- Research Gentex stock: The Gentex ticker symbol is GNTX. Is Gentex stock a good investment? Should you buy shares of GNTX? How do GNTX's underlying business fundamentals look? Do top analysts think Gentex is a good buy? Why has GNTX's stock price moved recently? (Hint: Our stock market research website can help you understand if GNTX is a good stock to buy).
- Make your GNTX trade: Decide if you will purchase GNTX shares at the current market price or use a limit order to buy GNTX shares at a specific price.
- Get key alerts regarding your investment in GNTX: Create a watchlist to important notifications about your new investment in Gentex stock.
Step 1: Choose where to buy Gentex stock
You will need an online brokerage account to access the NASDAQ market and buy GNTX stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you can buy GNTX today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on apps for stock market, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your new investment account.
Step 4: Research Gentex stock
After you have identified the best place to buy Gentex stock, it's crucial to evaluate their stock prior to buying, so you actually understand the risk and opportunity.
Gentex stock at a glance
Gentex Overview
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on GNTX's stock page.
Is GNTX stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge GNTX's fair value.
Using relative valuations metrics:
- GNTX may be undervalued based on its P/E ratio of 18.83x, relative to Auto Parts industry P/E ratio of -162.83x
- GNTX may be overvalued based on its P/B ratio of 3.47x, relative to Auto Parts industry P/B ratio of 1.78x
- GNTX may be overvalued based on its PEG ratio of 11.1x
You can do additional valuation research on GNTX's stock here.
A look at GNTX Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- GNTX profit margin has gone up from 16.6% to 18.6% in the past year.
- GNTX earnings of $504.98M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the GNTX balance sheet.
- There are more short-term assets than short-term liabilities on the GNTX balance sheet.
- GNTX's operating cash flow of $537.25M allows it to safely service it's debt of $0.00.
- GNTX has a low debt to equity ratio of 0.13.
Failed Financial Due Diligence Checks:
- Total GNTX debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy GNTX stock
Out of 4 Wall Street analysts who track GNTX, the consensus analyst rating on Gentex is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Gentex stock forecast page.
Metrics for Advanced GNTX Traders
GNTX Growth Metrics
Last year, GNTX earnings were $428.40M. Over the past five year, GNTX's earnings have increased by 2.33% per year. This was slower than the Auto Parts industry average of 4.78%.
Last year, GNTX revenue was $2.30B. During the last five year, GNTX's revenue has grown by 4.62% per year. This was slower than the Auto Parts industry average of 9.24%.
Dig into GNTX's earnings and revenue performance here.
What are GNTX executives and large shareholders up to?
In the last year, executives and large shareholders at GNTX have sold more shares than they have bought.
Kevin C. Nash, Chief Financial Officer of GNTX, was the latest GNTX insider to sell. They sold $66,886.43 worth of GNTX stock on Feb 29, 2024.
Dig into more about who owns GNTX shares here.
Can I get consistent income from GNTX stock?
Gentex pays a dividend of 1.39%, compared to the Auto Parts industry's average dividend yield of 2.68%. If you owned $1,000 worth of GNTX stock, you would have received $13.85 last year.
Gentex dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Gentex dividend yield and history here.
What others are saying about GNTX
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your GNTX trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Press the Open button and eToro will place your order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in GNTX
Now that you own some GNTX shares, you'll want to keep up with your shares.
Create a watchlist to get notified of important updates regarding your GNTX stock.
GNTX Feed
How to Buy Stock in Gentex
To summarize, here are the 6 steps for buying Gentex stock:
- Choose where to buy Gentex stock
- Create a brokerage account
- Put funds into your investment account
- Research Gentex stock
- Make your GNTX trade
- Get key alerts regarding your investment in GNTX
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Gentex, click below.
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