Are These Stocks Showing Potential? Gentex Corporation (NASDAQ:GNTX) and Commercial Metals Company (NYSE:CMC)

Posted by Saimoon April 23, 2015 0 Comment 549 views


New York, NY – GDP INSIDER  –  04/23/2014.

This article discusses two companies: Gentex Corporation (NASDAQ:GNTX) and Commercial Metals Company (NYSE:CMC)

Gentex Corporation (NASDAQ:GNTX) reversed its recent downward trend with the stock gaining 0.50% or $0.09 to finish the day at a closing price of $18.26 on very active trading volume of 2.722 million, compared to its three month average trading volume of 1.62 million. The US-based supplier of automatic dimming rearview mirrors and electronics to automotive industry began to climb yesterday after it announced first quarter 2015 financial results which topped market consensus expectations. The company reported earnings of 26 cents a share for first quarter, exceeding analysts’ estimates of 25 cents a share by 1 cent. Revenue for the third quarter grew 10% year over year to $368.9 million, compared to the revenue of $335.7 million for the same quarter of fiscal 2014, beating analysts’ estimates of $367.4 million by $1.5 million for the quarter. The company expects full year revenue in the range of $1.47 billion to $1.54 billion. The RSI and MFI are 56.02 and 54.52, respectively. Both of these indicate that the stock is not overvalued at the current levels and the money is flowing in the right direction, hold for now.

Is Now A Good Time To Invest In Gentex Corporation? Read Our Free GNTX Analysis To Know More.

Commercial Metals Company (NYSE:CMC) climbed slightly yesterday as the stock gained twenty cents to finish the day at $15.99, a 1.27% increase in value from its previous closing price with more than 1.872 million shares changing hands, compared to its three month average trading volume of 1.11 million. The manufacturer, recycler and marketer of steel and metal related products has been trading within a wide range of between $14.13 and $16.30 for the last one month, with no strong indicators that it is likely to break out at the moment. Overall, the stock has been underperforming the S&P 500 as well so far this year, with the share price down 1.84% compared to the S&P 500 which is up 2.38% for the same period. With RSI of 56.71, P/E of 11.93 and EPS of $1.34, the stock has strong upward potential, making it a hold with a view to buy.

Where Is The Value In Commercial Metals Company? Delve Into The Details With Free CMC Analysis.

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