1 week Ago By ABMN Staff
Shares of Generac Holdings Inc. ( NYSE:GNRC – Get Free Report ) have been assigned an average rating of “Hold” from the twenty-three research firms that are covering the firm, Marketbeat.com reports.
Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $154.71.
GNRC has been the topic of a number of analyst reports. Northland Securities boosted their price target on Generac from $160.00 to $180.
00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Stephens reaffirmed an “overweight” rating and issued a $200.00 price target on shares of Generac in a research report on Monday, August 5th.
Scotiabank upped their target price on shares of Generac from $147.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Monday, July 29th.
Canaccord Genuity Group raised their price target on shares of Generac from $177.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.
Finally, Guggenheim cut shares of Generac from a “neutral” rating to a “sell” rating and set a $120.00 target price on the stock. in a research note on Thursday, May 30th.
View Our Latest Stock Report on GNRC Insiders Place Their Bets Hedge Funds Weigh In On Generac Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital World Investors increased its holdings in shares of Generac by 2.1% during the first quarter.
Capital World Investors now owns 1,230,434 shares of the technology company’s stock valued at $155,207,000 after acquiring an additional 25,646 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Generac during the second quarter worth $98,282,000. Dimensional Fund Advisors LP grew its holdings in shares of Generac by 5.
2% during the second quarter. Dimensional Fund Advisors LP now owns 702,811 shares of the technology company’s stock valued at $92,941,000 after buying an additional 35,026 shares during the last quarter. Charles Schwab Investment Management Inc.
increased its position in shares of Generac by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 665,629 shares of the technology company’s stock valued at $86,026,000 after acquiring an additional 15,490 shares during the period. Finally, Norges Bank purchased a new position in Generac in the 4th quarter worth $67,253,000. 84.
04% of the stock is owned by hedge funds and other institutional investors. Generac Price Performance Shares of Generac stock opened at $139.61 on Friday.
The company has a debt-to-equity ratio of 0.61, a current ratio of 2.25 and a quick ratio of 0.
99. Generac has a one year low of $79.86 and a one year high of $169.
57. The business’s 50 day simple moving average is $149.14 and its two-hundred day simple moving average is $137.
78. The stock has a market capitalization of $8.46 billion, a P/E ratio of 38.
46, a price-to-earnings-growth ratio of 2.01 and a beta of 1.38.
Generac ( NYSE:GNRC – Get Free Report ) last posted its quarterly earnings results on Wednesday, July 31st. The technology company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.
20 by $0.15. The company had revenue of $998.
20 million during the quarter, compared to analyst estimates of $1 billion. Generac had a net margin of 6.03% and a return on equity of 15.
35%. The firm’s revenue was down .2% compared to the same quarter last year.
During the same period in the prior year, the business posted $1.08 EPS. Analysts forecast that Generac will post 6.
49 EPS for the current year. Generac Company Profile ( Get Free Report Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.
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