Generac Stock Price, Forecast & Analysis (NYSE:GNRC)

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

Generac Holdings Inc. (NYSE:GNRC) issued its quarterly earnings results on Thursday, October, 31st. The technology company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.10. The technology company had revenue of $601.14 million for the quarter, compared to analyst estimates of $583.14 million. Generac had a return on equity of 36.32% and a net margin of 11.85%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company earned $1.43 EPS. 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 brokerages have issued 12 month price objectives for Generac's shares. Their forecasts range from $86.00 to $118.00. On average, they anticipate Generac's stock price to reach $101.75 in the next twelve months. This suggests a possible upside of 8.4% 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 coverage about GNRC stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Generac earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Generac.

Generac saw a increase in short interest in 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 trading volume of 669,100 shares, the short-interest ratio is currently 4.7 days. Approximately 5.1% of the shares of the company are short sold. View Generac's Current Options Chain.

Some companies that are related to Generac include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Acuity Brands (AYI), Regal Beloit (RBC), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), Belden (BDC), Enphase Energy (ENPH), II-VI (IIVI), 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), NVIDIA (NVDA), Visa (V), Micron Technology (MU), Cisco Systems (CSCO), salesforce.com (CRM), Huntington Bancshares (HBAN), Gilead Sciences (GILD), QUALCOMM (QCOM) and Boeing (BA).

Generac's stock is owned by many different of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (2.27%), Scout Investments Inc. (0.83%), Russell Investments Group Ltd. (0.67%), Massachusetts Financial Services Co. MA (0.65%), Carillon Tower Advisers Inc. (0.57%) and Copper Rock Capital Partners LLC (0.51%). 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 Russell Investments Group Ltd., Copper Rock Capital Partners LLC, Congress Asset Management Co. MA, Foundry Partners LLC, Eagle Asset Management Inc., Chicago Equity Partners LLC, Alberta Investment Management Corp and GW&K Investment Management LLC. 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., Massachusetts Financial Services Co. MA, Mountain Pacific Investment Advisers Inc. ID, Origin Asset Management LLP, Zurcher Kantonalbank Zurich Cantonalbank, State of New Jersey Common Pension Fund D and Arabesque Asset Management Ltd. 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 $93.85.

Generac has a market capitalization of $5.87 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]