Why Gentex (GNTX) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Gentex (GNTX)
Zeeland, MI-based Gentex Corporation is engaged in supplying automatic-dimming rear-view mirrors and electronics to the automotive industry; fire protection products to the fire protection market and dimmable aircraft windows to the aviation market.
GNTX sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Automotive - Original Equipment industry's P/E of 14.1X, shares of Gentex are trading at a forward P/E of 17.4X. GNTX also has a PEG Ratio of 0.8, a Price/Cash Flow ratio of 17.4X, and a Price/Sales ratio of 3.3X.
Many value investors pay close attention to a company's earnings as well. For GNTX, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $1.77 per share for 2023. Per share GNTX boasts an average earnings surprise of 8.1%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding GNTX to their portfolios.
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Gentex Corporation (GNTX) : Free Stock Analysis Report
