FY2025 Earnings Estimate for Generac Issued By Roth Capital

Generac Holdings Inc. (NYSE:GNRC - Free Report) - Analysts at Roth Capital dropped their FY2025 earnings per share estimates for shares of Generac in a research note issued to investors on Tuesday, July 22nd. Roth Capital analyst C. Moore now anticipates that the technology company will post earnings of $7.27 per share for the year, down from their previous estimate of $7.53. Roth Capital currently has a "Neutral" rating and a $140.00 target price on the stock. The consensus estimate for Generac's current full-year earnings is $8.00 per share.

Generac (NYSE:GNRC - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The technology company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.27. The business had revenue of $942.12 million during the quarter, compared to the consensus estimate of $921.78 million. Generac had a return on equity of 18.90% and a net margin of 7.68%. The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS.

A number of other analysts also recently weighed in on the company. Wells Fargo & Company cut their target price on Generac from $165.00 to $128.00 and set an "equal weight" rating for the company in a research report on Thursday, May 1st. Stifel Nicolaus lowered their price target on Generac from $200.00 to $195.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Citigroup raised Generac from a "neutral" rating to a "mixed" rating in a report on Friday, July 11th. Janney Montgomery Scott raised Generac from a "neutral" rating to a "buy" rating in a report on Wednesday, May 7th. Finally, Canaccord Genuity Group lowered their price target on Generac from $200.00 to $180.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Generac has an average rating of "Moderate Buy" and an average price target of $164.58.

Generac Price Performance

NYSE GNRC traded up $3.49 during midday trading on Thursday, hitting $156.88. The company had a trading volume of 823,639 shares, compared to its average volume of 867,206. The firm has a 50-day moving average price of $136.99 and a 200-day moving average price of $133.93. The company has a market capitalization of $9.27 billion, a PE ratio of 27.33, a P/E/G ratio of 1.42 and a beta of 1.72. The company has a current ratio of 1.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.48. Generac has a twelve month low of $99.50 and a twelve month high of $195.94.

Hedge Funds Weigh In On Generac

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Generac by 2.0% in the first quarter. Vanguard Group Inc. now owns 6,932,913 shares of the technology company's stock worth $878,053,000 after buying an additional 137,363 shares in the last quarter. Ariel Investments LLC increased its position in shares of Generac by 10.1% during the first quarter. Ariel Investments LLC now owns 1,615,878 shares of the technology company's stock worth $204,651,000 after purchasing an additional 148,551 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Generac by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 1,441,772 shares of the technology company's stock worth $223,293,000 after purchasing an additional 14,844 shares in the last quarter. Invesco Ltd. increased its position in shares of Generac by 25.3% during the first quarter. Invesco Ltd. now owns 1,414,514 shares of the technology company's stock worth $179,148,000 after purchasing an additional 285,388 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Generac by 81.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,042,785 shares of the technology company's stock worth $161,684,000 after purchasing an additional 469,575 shares in the last quarter. Institutional investors own 84.04% of the company's stock.

Insider Buying and Selling at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $142.40, for a total value of $712,000.00. Following the completion of the transaction, the chief executive officer owned 562,966 shares of the company's stock, valued at $80,166,358.40. The trade was a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.70% 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.