Pete Hoekstra - Gentex Independent Director

GNTX Stock  USD 33.96  0.34  0.99%   

Director

Mr. Pete Hoekstra is an Independent Director of Gentex Corporationrationration. Mr. Hoekstra serves as a senior director at Greenberg Traurig LLP in the firms Government Law and Policy Group, where he provides business consulting in public policy, Congressional investigations, cyber security and data privacy solutions, government contracts, and government law and strategy. From 2011 to 2014, Mr. Hoekstra served as a senior adviser at Dickstein Shapiro LLP in that firm Public Policy and Law Practice, providing business consulting. He served in the United States Congress for 18 years, representing Michigans 2nd Congressional District from 1993 to 2011, and is in rare company as a former U.S. Congressman with experience as a Fortune 500 business executive. Before his election to Congress, he worked at Herman Miller, Inc. for 15 years, becoming vice president of marketing at the Zeeland, Michiganbased office furniture manufacturer during a period when that company revenues grew approximately 800. At Herman Miller, Mr. Hoekstra worked in product development, product management, and dealer development as he rose through the ranks. Mr. Hoekstra provides the Board with a unique blend of expertise and perspective on the global marketplace and public policy implications. Mr. Hoekstra has affirmatively been identified as an independent director by the Board of Directors. since 2013.
Age 62
Tenure 11 years
Address 600 North Centennial Street, Zeeland, MI, United States, 49464
Phone616 772 1800
Webhttps://www.gentex.com
Hoekstra serves as a senior advisor at Dickstein Shapiro LLP in the firm’s Public Policy and Law Practice, where he provides business consulting in intelligence and national security, education and labor. He served in the United States Congress for 18 years, representing Michigan’s 2nd Congressional District from 1993 to 2011, and is in rare company as a former U.S. Congressman with experience as a Fortune 500 business executive. Before his election to Congress, he worked at Herman Miller, Inc. for 15 years, becoming vice president of marketing at the Zeeland, Michiganbased office furniture manufacturer during a period when that company’s revenues grew approximately 800%. At Herman Miller, Mr. Hoekstra worked in product development, product management, and dealer development as he rose through the ranks.

Gentex Management Efficiency

The company has return on total asset (ROA) of 0.1243 % which means that it generated a profit of $0.1243 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1951 %, meaning that it created $0.1951 on every $100 dollars invested by stockholders. Gentex's management efficiency ratios could be used to measure how well Gentex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.13 in 2024. Return On Capital Employed is likely to drop to 0.15 in 2024. At this time, Gentex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.7 B in 2024, whereas Non Currrent Assets Other are likely to drop (1.05) in 2024.
The company currently holds 3.57 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Gentex has a current ratio of 3.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Gentex until it has trouble settling it off, either with new capital or with free cash flow. So, Gentex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gentex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gentex to invest in growth at high rates of return. When we think about Gentex's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 13 records

DIRECTOR Age

Kellen FerrisHyliion Holdings Corp
N/A
Robert KnightHyliion Holdings Corp
63
Tomaso PoggioMobileye Global Class
68
Peter NeustadterMobileye Global Class
67
Yuanting ShiHesai Group American
N/A
Eli BarkatMobileye Global Class
52
Jeffrey CraigHyliion Holdings Corp
60
Judith RichterMobileye Global Class
68
Mary GustanskiHyliion Holdings Corp
58
Cailian YangHesai Group American
33
TungJung HsiehHesai Group American
60
Eyal DeshehMobileye Global Class
64
Elaine ChaoHyliion Holdings Corp
67
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 Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan. Gentex Corp operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 4998 people. Gentex (GNTX) is traded on NASDAQ Exchange in USA. It is located in 600 North Centennial Street, Zeeland, MI, United States, 49464 and employs 6,245 people. Gentex is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Gentex Leadership Team

Elected by the shareholders, the Gentex's board of directors comprises two types of representatives: Gentex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gentex. The board's role is to monitor Gentex's management team and ensure that shareholders' interests are well served. Gentex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gentex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederick Sotok, Independent Director
James Hollars, Independent Director
James Wallace, Lead Independent Director
Joseph Matthews, Vice President - Purchasing
Brian Walker, Director
Robert Vance, Vice President of New Markets
Scott Ryan, Assistant General Counsel and Corporate Secretary
Craig Piersma, Vice Communications
Josh OBerski, Marketing and Investor Relations
Paul Flynn, Vice Operations
John Mulder, Independent Director
Fred Bauer, Founder, Executive Chairman and CEO
Leslie Brown, Independent Director
Matthew Chiodo, Vice President of Sales
Joseph IV, VP Officer
Gary Goode, Independent Director
Steve Downing, CFO, Vice President - Finance, Treasurer
Brad Bosma, Vice President - Vision Systems and Dimmable Glass
Steven Downing, CFO and Sr. VP
Neil Boehm, CTO, Vice President - Engineering
Pete Hoekstra, Independent Director
Kathleen Starkoff, Independent Director
Kevin Nash, Chief Accounting Officer and VP of Accounting
Richard Schaum, Independent Director

Gentex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gentex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Gentex Investors Sentiment

The influence of Gentex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gentex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Gentex's public news can be used to forecast risks associated with an investment in Gentex. The trend in average sentiment can be used to explain how an investor holding Gentex can time the market purely based on public headlines and social activities around Gentex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gentex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gentex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gentex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gentex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gentex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gentex's short interest history, or implied volatility extrapolated from Gentex options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Gentex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gentex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gentex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gentex Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Gentex Stock analysis

When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Equity Valuation
Check real value of public entities based on technical and fundamental data
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Is Gentex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.129
Dividend Share
0.48
Earnings Share
1.89
Revenue Per Share
10.217
Quarterly Revenue Growth
0.072
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.