SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Gentex (GNTX)
GNTX 24.42+1.0%Feb 11 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Marble who wrote (42)4/15/1997 10:26:00 AM
From: Greg Werlinich   of 196
 
Bill -

I agree with you that earning $0.21 vs an estimate of $0.22 is not big deal. What is of greater concern is that their growth rates have slowed. Revenue growth was only 16.7% . Net income growth was only 7.3%. Their trailing 12 month p/e multiple is about 28%.

I am long this stock and happen to love their products (I have one in my Explorer). I also like the story as a long term play. I am concerned about their exposure to the strikes at GM, as well as future strikes at any US manufacturer. How much did last years strikes hurt their earnings?

Anyway, let's hope that they are again able to build earnings momentum.

Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext