Himanshu Patel

Gentex beat Street estimates by $0.01 yesterday, posting a 2Q EPS of $0.24. More importantly, it raised revenue growth guidance in the 3rd quarter to +30-35%. Gentex is a supplier of automatic-dimming rearview automotive mirrors Shares of Gentex popped 6.4% yesterday on the news. However, JP Morgan...

Wednesday morning, CarMax, Inc (NYSE: KMX) surprised analysts with a F1Q11 EPS of $0.45, well above JP Morgan's estimate of $0.35 and consensus of $0.33. CarMax is a retailer of used cars, operating 100 used car superstores in 46 metropolitan markets. This EPS growth was driven by an increase in...

J.P. Morgan analysts Himanshu Patel and Vivek Aalok maintained their Overweight rating for shares of Tenneco Inc (NYSE: TEN), with a price target of $28 per share. After attending Tenneco Inc's Analyst/Technology Day, Patel and Aalok said that the stock is one of the most attractive long-term...

JP Morgan analysts Himanshu Patel and Ryan Brinkman reiterated their Overweight rating of TRW Automotive Holdings Corp.(NYSE: TRW) and said that the company "remains one of our top picks." The JP Morgan analysts wrote that, "adjusting the Q4 annualized EBIT excluding commercial settlement (i.e., $...

Analysts Himanshu Patel and Ryan Brinkman at JP Morgan (NYSE: JPM) have reviewed the fourth-quarter results reported by Penske Automotive Group, Inc. (NYSE: PAG), in a report released yesterday. The company reported EPS of $0.21 for the quarter, beating analysts’ estimate of $0.18, and consensus...