Gentex Corporation (GNTX): Today's Featured Consumer Goods Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Gentex Corporation ( GNTX) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole was unchanged today. By the end of trading, Gentex Corporation rose $1.34 (4.1%) to $33.62 on heavy volume. Throughout the day, 2,929,497 shares of Gentex Corporation exchanged hands as compared to its average daily volume of 1,075,000 shares. The stock ranged in a price between $32.42-$34.15 after having opened the day at $32.44 as compared to the previous trading day's close of $32.28. Other companies within the Consumer Goods sector that increased today were: iRobot Corporation ( IRBT), up 17.3%, Virco Manufacturing Corporation ( VIRC), up 8.0%, American Apparel ( APP), up 7.8% and Standard Register Company ( SR), up 7.1%.

Gentex Corporation designs, develops, manufactures, and markets electro-optical products for the automotive, commercial building, and aircraft industries primarily in the United States, Germany, and Japan. Gentex Corporation has a market cap of $4.4 billion and is part of the automotive industry. The company has a P/E ratio of 22.9, above the S&P 500 P/E ratio of 17.7. Shares are up 62.9% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Gentex Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Gentex Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Tandy Brands Accessories ( TBAC), down 8.8%, Swisher Hygiene ( SWSH), down 6.2%, Blyth ( BTH), down 5.0% and Fuwei Films (Holdings ( FFHL), down 3.5% , were all laggards within the consumer goods sector with Tempur Sealy International ( TPX) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Finding Bullish and Bearish Stock Reversals

20 Mid-Cap Dividend Growers Are Blips on My Tracking Radar

These Stocks Show a Change of Direction

Put Gentex, Whole Foods, Reynolds in Your Shopping Cart

Gentex, Whole Foods and Reynolds Shares Could be Heading Higher