Gentex Falls Just Short of Expectations
Gentex Corporation (NASDAQ: GNTX) announced second-quarter 2016 results on Friday morning, once again demonstrating its ability to outgrow relevant light vehicle production that drives its business. But that wasn't enough to appease the market, leaving shares of the auto-dimming mirror specialist to fall more than 7% on the day.
Let's reflect more closely, then, on how Gentex capped the first half of the year, and what investors should expect from the company in the coming quarters.
IMAGE SOURCE: GENTEX.
Source: Fool.com
Gentex Corp. Stock
€31.60
-0.630%
Our community is currently high on Gentex Corp. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 37 € shows a slightly positive potential of 17.09% compared to the current price of 31.6 € for Gentex Corp..
