NYSE:GNRC - Generac Stock Price, Forecast & News

Generac trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNRC."

Generac Holdings Inc. (NYSE:GNRC) posted its quarterly earnings results on Thursday, October, 31st. The technology company reported $1.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.33 by $0.10. The technology company earned $601.14 million during the quarter, compared to the consensus estimate of $583.14 million. Generac had a net margin of 11.85% and a return on equity of 36.32%. Generac's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.43 earnings per share. View Generac's Earnings History.

Generac is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Generac.

5 Wall Street analysts have issued 1-year price objectives for Generac's shares. Their forecasts range from $86.00 to $118.00. On average, they expect Generac's stock price to reach $101.75 in the next year. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Price Targets for Generac.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Generac in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Generac.

News articles about GNRC stock have been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Generac earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Generac.

Generac saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,150,000 shares, an increase of 14.1% from the September 15th total of 2,760,000 shares. Based on an average daily trading volume, of 669,100 shares, the short-interest ratio is currently 4.7 days. Currently, 5.1% of the shares of the company are sold short. View Generac's Current Options Chain.

Some companies that are related to Generac include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), AMETEK (AME), Rockwell Automation (ROK), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Enphase Energy (ENPH), Franklin Electric (FELE), II-VI (IIVI), Belden (BDC), Vicor (VICR) and Encore Wire (WIRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Generac investors own include Alibaba Group (BABA), Visa (V), NVIDIA (NVDA), Micron Technology (MU), Cisco Systems (CSCO), salesforce.com (CRM), AT&T (T), Costco Wholesale (COST), Gilead Sciences (GILD) and QUALCOMM (QCOM).

Generac's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (2.27%), State Street Corp (2.05%), Voya Investment Management LLC (1.18%), Scout Investments Inc. (0.83%), Russell Investments Group Ltd. (0.67%) and Massachusetts Financial Services Co. MA (0.65%). Company insiders that own Generac stock include Aaron Jagdfeld, Erik Wilde, Patrick John Forsythe, Russell S Minick and York A Ragen. View Institutional Ownership Trends for Generac.

GNRC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Russell Investments Group Ltd., Voya Investment Management LLC, Copper Rock Capital Partners LLC, Point72 Asset Management L.P., Congress Asset Management Co. MA, Foundry Partners LLC and Eagle Asset Management Inc.. Company insiders that have sold Generac company stock in the last year include Aaron Jagdfeld, Erik Wilde and Russell S Minick. View Insider Buying and Selling for Generac.

GNRC stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Carillon Tower Advisers Inc., Stifel Financial Corp, Massachusetts Financial Services Co. MA, Mountain Pacific Investment Advisers Inc. ID, Origin Asset Management LLP, Zurcher Kantonalbank Zurich Cantonalbank and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Generac.

Shares of GNRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GNRC stock can currently be purchased for approximately $98.76.

Generac has a market capitalization of $6.18 billion and generates $2.02 billion in revenue each year. The technology company earns $220.29 million in net income (profit) each year or $4.70 on an earnings per share basis. Generac employs 5,664 workers across the globe.View Additional Information About Generac.

The official website for Generac is http://www.generac.com/.

Generac's mailing address is S45 W29290 HIGHWAY 59, WAUKESHA WI, 53189. The technology company can be reached via phone at 262-544-4811 or via email at [email protected]