Roth Capital Has Bullish Outlook for Generac FY2025 Earnings

Generac Holdings Inc. (NYSE:GNRC - Free Report) - Analysts at Roth Capital upped their FY2025 earnings estimates for Generac in a report released on Thursday, May 1st. Roth Capital analyst C. Moore now expects that the technology company will earn $7.53 per share for the year, up from their prior forecast of $7.49. The consensus estimate for Generac's current full-year earnings is $8.00 per share.

Generac (NYSE:GNRC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The technology company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.27. Generac had a return on equity of 18.17% and a net margin of 7.36%. The business had revenue of $942.12 million during the quarter, compared to analyst estimates of $921.78 million. During the same period last year, the company earned $0.88 earnings per share. Generac's quarterly revenue was up 5.9% compared to the same quarter last year.

Several other equities analysts have also weighed in on GNRC. UBS Group raised their target price on Generac from $200.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Canaccord Genuity Group reduced their target price on Generac from $200.00 to $180.00 and set a "buy" rating for the company in a report on Thursday. TD Cowen decreased their target price on Generac from $173.00 to $155.00 and set a "buy" rating for the company in a research report on Thursday. Bank of America started coverage on shares of Generac in a research note on Monday, March 24th. They issued a "buy" rating and a $182.00 price objective for the company. Finally, The Goldman Sachs Group lowered their target price on shares of Generac from $193.00 to $168.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $167.20.

Generac Stock Up 1.6 %

Shares of Generac stock opened at $114.45 on Monday. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.44 and a beta of 1.73. The stock has a 50-day simple moving average of $122.07 and a 200-day simple moving average of $149.47. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.97. Generac has a 52-week low of $99.50 and a 52-week high of $195.94.

Institutional Investors Weigh In On Generac

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hurley Capital LLC acquired a new position in Generac in the fourth quarter valued at about $26,000. Cranbrook Wealth Management LLC acquired a new position in shares of Generac in the 4th quarter worth approximately $28,000. Versant Capital Management Inc grew its position in Generac by 391.9% during the 4th quarter. Versant Capital Management Inc now owns 182 shares of the technology company's stock worth $28,000 after acquiring an additional 145 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in Generac during the 4th quarter valued at $31,000. Finally, Quadrant Capital Group LLC raised its position in Generac by 61.7% in the 4th quarter. Quadrant Capital Group LLC now owns 228 shares of the technology company's stock valued at $35,000 after purchasing an additional 87 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company's stock.

Generac Company Profile

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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