24/7 Wall St. » GNTX

Mid-day Movers (RSH, VRNG, GNTX, REE, CDTI)

Paul Ausick — Tue, 31 Jan 2012 17:16:58 +0000

Among the major movers at around noon today are RadioShack Corp. (NYSE: RSH), Vringo Inc. (NASDAQ: VRNG), Gentex Corp. (NASDAQ: GNTX), Rare Element Resources Ltd. (AMEX: REE), and Clean Diesel Technologies Inc. (NASDAQ: CDTI).

Shares of RadioShack are down nearly -29% in early trading this morning on a weak pre-announcement of quarterly results. Nearly 31 million shares have been traded so far today, compared with a 3-month daily average of about 2 million shares traded. We have more coverage here.

A big winner this morning has been Vringo, also up about 29% on essentially no news. More than 2 million shares have traded this morning, compared with a 3-month daily average of around 65,000. Our take on the run-up is here.

Gentex is down more than -11% following a quarterly earnings report that missed estimates due to falling margins. Nearly 3 million shares have traded this morning, compared with a 3-month daily average of about 753,000.

Rare Earth Resources is up nearly 15% on essentially no news other than a ruling from the WTO that China’s restriction on rare earth minerals’ exports violates global trade rules. More than 5 million shares have traded by mid-day, compared with a daily average of about 1.4million.

Clean Diesel shares are up more than 14% on essentially no news. More than 600,000 shares have already traded this morning, compared with a 3-month daily average of about 140,000 shares.

Paul Ausick

Filed under: 24/7 Wall St. Wire Tagged: CDTI, GNTX, REE, RSH, VRNG

Winners & Losers in Auto Parts (JCI, ALV, BWA, GNTX)

Administrator — Mon, 03 May 2010 16:28:04 +0000

Morningstar is well known for fund research and ratings, but the company also focuses on research in many equities and ETF products as well. One of today’s focal points was on what lies ahead for auto suppliers. Some of the key parts makers and services providers included were Johnson Controls Inc. (NYSE: JCI), Autoliv, Inc. (NYSE: ALV), BorgWarner Inc. (NYSE: BWA), and Gentex Corp. (NASDAQ: GNTX) as four of the picks covered in this report from David Whiston of Morningstar. So far, three of these four are trading higher on the day.

FULL ARTICLE FROM MORNINGSTAR

Filed under: Analyst Calls, Autos, Research, Value Investing Tagged: ALV, BWA, GNTX, JCI

52-Week High Club (ALGN, GLTX, SOA)

247wallst — Thu, 28 Jan 2010 21:01:12 +0000

Align Technology Inc. (NASDAQ: ALGN) rose over 15.5% to a yearly high of $19.25 after the maker of teeth straightening technology forecast first quarter earnings of $0.12 or more, topping analyst estimates.

Gentex Corporation (NASDAQ: GNTX) rose over 14.4% to a yearly high of $20 after the maker of vehicle mirrors reported 4Q earnings that beat analyst consensus.

Solutia Inc. (NYSE: SOA) rose over 12% to a yearly high of $14.20 after the chemical company reported earnings of $0.43, beating analyst estimates.

Garrett W. McIntyre

Filed under: Autos, Earnings, Industry, Medical Tagged: ALGN, Chemicals, GNTX, SOA

Top 10 Analyst Upgrades, Downgrades, Initiations (BHP, DFG, FITB, GNTX, HRB, INTU, POT, RTP, RVBD, STI)

247wallst — Mon, 26 Oct 2009 12:14:25 +0000

These are this Monday’s top ten analyst calls from Wall Street for upgrades, downgrades, and initiations:

BHP Billiton (NYSE: BHP) Started as Neutral at HSBC.
Delphi Financial (NYSE: DFG) Started as Outperform at KBW.
Fifth Third Bancorp (NASDAQ: FITB) Cut to Sell from Neutral at Rochdale.
Gentex (NASDAQ: GNTX) Raised to Outperform at Wells Fargo.
H&R Block (NYSE: HRB) Cut to Underweight at Morgan Stanley.
Intuit (NASDAQ: INTU) Started as Overweight at Barclays.
Potash Corp. of Saskatchewan (NYSE: POT) Started as Buy at Genuity.
Rio Tinto plc (NYSE: RTP) Started as Neutral at HSBC.
Riverbed Technology (NASDAQ: RVBD) Raised to Overweight at Piper Jaffray.
SunTrust Banks, Inc. (NYSE: STI) Cut to Sell from Neutral at Rochdale.

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JON C. OGG
OCTOBER 26, 2009

Posted in Analyst Calls Tagged: BHP, DFG, FITB, GNTX, HRB, INTU, POT, RTP, RVBD, STI

52-Week High Club

247wallst — Wed, 21 Oct 2009 20:09:20 +0000

Autodesk Inc. (NASDAQ: ADSK) rallied over 5% to a yearly high of $27.26 after the company’s shares were upgraded to “buy” by Kaufman Brothers LP, who set their 12 month price target at $30.

Genex Corporation (NASDAQ: GNTX) jumped over 20% today after the vehicle mirror supplier announced a 3Q profit of $0.17, beating analyst estimates.

CNH Global NV (NYSE: CNH) jumped over 12% to a yearly high of $22.75 after the tractor maker reported a loss of $0.09 per share, beating analyst estimates.

Morgan Stanley (NYSE: MS) rallied over 5% to a yearly high of $35.00 after the company reported a 3Q profit of $0.38 per share and declared a dividend of $.05.

Garrett W. McIntyre

Posted in Analyst Calls, Autos, Banking, Brokerage Firms, Earnings, Financial Stocks, Technology Companies Tagged: ADSK, CNH, GNTX, MS

Top Analyst Downgrades (T, ADP, GNTX, HAR, JCI, PAYX, YRCW)

247wallst — Thu, 18 Jun 2009 11:38:04 +0000

These are the top pre-market analyst downgrades or cautious research calls we have seen from Wall Street this Thursday morning with about two hours until the market opens:

AT&T (T) Started as Sell at Pali Research.
Automatic Data (ADP) Cut to Neutral at JPMorgan.
Gentex (GNTX) Cut to Neutral at Baird.
Harman (HAR) Cut to Underperform at Baird.
Johnson Controls (JCI) Cut to Neutral at Baird.
Paychex (PAYX) Cut to Underweight at JPMorgan.
YRC Worldwide (YRCW) Cut to Underperform at Baird.

JON C. OGG

Posted in Analyst Calls Tagged: ADP,, GNTX, HAR, JCI, PAYX, T, YRCW

Early Bird Analyst Upgrades & Downgrades (A, GNTX, PFE, AA, AGN, HOG, PBH, SSS, STM, TEN)

247wallst — Mon, 12 Jan 2009 07:31:25 +0000

These are some of the top early bird upgrades and downgrades we have seen from Wall Street analysts this Monday morning:

Agilent (NYSE: A) Raised to Outperform at Baird.
Gentex (NASDAQ: GNTX) Raised to Outperform at Baird.
Pfizer (NYSE: PFE) Raised to Neutral at Goldman Sachs.
Alcoa (NYSE: AA) Cut to Sell at Deutsche Bank.
Allergan (NYSE: AGN) Cut to Hold at Lazard.
Harley-Davidson (NYSE: HOG) Cut to Sell at Goldman Sachs.
Prestige Brands (NYSE: PBH) Cut to Underweight at JPMorgan.
Sovran Self Storage (NYSE: SSS) Cut to Underperform at Oppenheimer.
STMicroelectronics (NYSE: STM) Cut to Sell at UBS.
Tenneco (NYSE: TEN) Cut to Market Perform at Wachovia.

Jon C. Ogg
January 12, 2009

Posted in Analyst Calls Tagged: A, AA, AGN, GNTX, HOG, PBH, PFE, SSS, STM, TEN

The 52-Week Low Club 10/1/1008 (GNTX)(SLM)(ATU)(XTXI)

247wallst — Wed, 01 Oct 2008 14:40:10 +0000

Crosstex Energy (XTXI) Downgraded by Goldman. Drops to $19.92 from 52-week high of $40.39.

Gentex Corportion (GNTX) Cuts revenue outlook, downgraded by Baird. Drops to $12.36 from 52-week high of $22.60.

SLM (SLM) Student loan business exposed to credit crisis. Drops to $8.63 from 52-week high of $53.65.

Actuant Corp (ATU) Weak sales and outlook. Drops to $21.58 from 52-week high of $37.15.

Douglas A. McIntyre

Posted in HI/LOW Tagged: ATU, GNTX, SLM, XTXI

Top Pre-Market Analyst Downgrades (APKT, FITB, GNTX, NYM, PLD, ROK, TSS, VRAD)

247wallst — Tue, 30 Sep 2008 07:01:22 +0000

These are not all of the downgrades, butthese are some of the standout calls early this Tuesday morning:

Acme Packet (APKT) Cut to Sell at Piper Jaffray.
Fifth Third Bancorp (FITB) Cut to Neutral at Baird.
Gentex (GNTX) Cut to Neutral at Baird.
Nymagic (NYM) Cut to Underperform at KBW.
ProLogis (PLD) Cut to Market Perform at FBR.
Rockwell Automation (ROK) Started as Sell at Societe Generale.
Total System Services (TSS) Cut to Perform at Oppenheimer.
Virtual Radiologic (VRAD) Cut to Market Perform at William Blair.

Jon C. Ogg
September 30, 2008

Posted in Analyst Calls Tagged: APKT, FITB, GNTX, NYM, PLD, ROK, TSS, VRAD

Top 10 Pre-Market Analyst Calls (CAT, EMN, GIS, K, GNTX, MEDX, MRK, N, NE, PLT, WAG)

247wallst — Mon, 28 Jan 2008 07:22:43 +0000

These are not the only analyst calls impacting stocks pre-market, but these are the top calls that 247WallSt.com is focusing on:
Caterpillar (NYSE: CAT) raised to Outperform at Bear Stearns.
Eastman Chemical (NYSE: EMN) raised to Buy at UBS.
General Mills (NYSE: GIS) & Kellogg (NYSE: K) raised to Buy at Citigroup.
Gentex (NASDAQ: GNTX)raised to Neutral at UBS.
Medarex (NASDAQ: MEDX) raised to Buy at Jefferies.
Merck (NYSE: MRK) raised to Buy at UBS.
Netsuite (NYSE: N) initiated as Outperform at JMP Securities.
Noble Corp. (NYSE: NE) downgraded to Neutral at JPMorgan.
Plantronics (NYSE: PLT) raised to Neutral at JPMorgan.
Walgreens (NYSE: WAG) downgraded to Sell at Citigroup.

Jon C. Ogg
Januar 28, 2008