NYSE:GNRC

Generac Stock Forecast, Price & News

$252.81

-0.25 (-0.10 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$247.35

Now: $252.81▼

$255.23

50-Day Range

$205.26

MA: $227.30▼

$260.80

52-Week Range

$75.50

Now: $252.81▼

$263.64

Volume23,710 shs

Average Volume741,370 shs

Market Capitalization$15.89 billion

P/E Ratio54.48

Dividend YieldN/A

Beta0.91

Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel; and batteries and inverters. It also provides residential automatic standby generators ranging in output from 6kW to 60kW; air-cooled engine residential standby generators ranging from 6kW to 22kW; liquid-cooled engine generators with outputs ranging from 22kW to 150kW; Mobile Link, a remote monitoring system for home standby generators; and industrial diesel generators ranging in sizes up to 3,250kW. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; engine driven power washers; water pumps; outdoor power equipment, such as trimmers and brush mowers, log splitters, lawn and leaf vacuums, and chipper shredders; and clean energy solution under the PWRcell and PWRview brands. Further, it provides light towers, mobile generators, and flameless heaters; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power for small and mid-sized businesses; and industrial generators ranging in output from 10kW up to 3,250kW used as emergency backup for healthcare, telecom, datacom, commercial office, retail, municipal, and manufacturing markets. Additionally, the company sells aftermarket service parts and product accessories to dealers. It distributes its products through independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical, HVAC and solar wholesalers, catalogs, equipment rental companies and distributors, and solar installers; and directly to end users. Generac Holdings Inc. was founded in 1959 and is headquartered in Waukesha, Wisconsin.

MarketRank^™

Overall MarketRank^™

1.53 out of 5 stars

1.4 Analyst's Opinion

Consensus Rating
Generac has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $217.58, Generac has a forecasted downside of 13.9% from its current price of $252.81.
Amount of Analyst Coverage
Generac has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Generac has received 380 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Generac has received 525 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Generac has received 58.01% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Generac and other stocks. Vote “Outperform” if you believe GNRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GNRC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Generac does not currently pay a dividend.
Dividend Growth
Generac does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Generac insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,974,254.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Generac is held by insiders.
Percentage Held by Institutions
90.44% of the stock of Generac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Generac are expected to grow by 16.46% in the coming year, from $6.32 to $7.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Generac is 54.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Generac is 54.48, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 88.97.
Price to Earnings Growth Ratio
Generac has a PEG Ratio of 5.28. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Generac has a P/B Ratio of 15.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Motors & generators

Sub-IndustryElectrical Components & Equipment

SectorComputer and Technology

Current SymbolNYSE:GNRC

Previous Symbol

CUSIP36873610

CIK1474735

Webwww.generac.com

Phone262-544-4811

Employees5,689

Debt

Debt-to-Equity Ratio0.68

Current Ratio2.66

Quick Ratio1.70

Price-To-Earnings

Trailing P/E Ratio54.48

Forward P/E Ratio40.00

P/E Growth5.28

Sales & Book Value

Annual Sales$2.20 billion

Price / Sales7.21

Cash Flow$6.13 per share

Price / Cash Flow41.21

Book Value$16.51 per share

Price / Book15.31

Profitability

EPS (Most Recent Fiscal Year)$5.06

Net Income$253.26 million

Net Margins12.75%

Return on Equity34.03%

Return on Assets13.49%

Miscellaneous

Outstanding Shares62,841,000

Market Cap$15.89 billion

Next Earnings Date2/11/2021 (Estimated)

OptionableOptionable

$252.81

-0.25 (-0.10 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Generac (NYSE:GNRC) Frequently Asked Questions

How has Generac's stock been impacted by COVID-19 (Coronavirus)?

Generac's stock was trading at $102.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GNRC stock has increased by 147.7% and is now trading at $252.81.
View which stocks have been most impacted by COVID-19.

Is Generac a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Generac stock.
View analyst ratings for Generac or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Generac?

Wall Street analysts have given Generac a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Generac wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Generac's next earnings date?

Generac is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Generac.

How were Generac's earnings last quarter?

Generac Holdings Inc. (NYSE:GNRC) announced its earnings results on Wednesday, October, 28th. The technology company reported $2.08 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.75 by $0.33. The technology company earned $701.36 million during the quarter, compared to analyst estimates of $682.62 million. Generac had a return on equity of 34.03% and a net margin of 12.75%.
View Generac's earnings history.

What guidance has Generac issued on next quarter's earnings?

Generac issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, October, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.424-2.468 billion, compared to the consensus revenue estimate of $2.4 billion.

What price target have analysts set for GNRC?

15 equities research analysts have issued 12 month price objectives for Generac's stock. Their forecasts range from $105.00 to $330.00. On average, they expect Generac's share price to reach $217.58 in the next twelve months. This suggests that the stock has a possible downside of 13.9%.
View analysts' price targets for Generac or view Wall Street analyst' top-rated stocks.

Are investors shorting Generac?

Generac saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,970,000 shares, an increase of 66.9% from the December 15th total of 1,180,000 shares. Based on an average daily trading volume, of 813,500 shares, the days-to-cover ratio is currently 2.4 days. Approximately 3.2% of the company's shares are sold short.
View Generac's Short Interest.

Who are some of Generac's key competitors?

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

What other stocks do shareholders of Generac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Generac investors own include NVIDIA (NVDA), PayPal (PYPL), Tesla (TSLA), Visa (V), Advanced Micro Devices (AMD), Alibaba Group (BABA), salesforce.com (CRM), Cisco Systems (CSCO), DocuSign (DOCU) and Adobe (ADBE).

Who are Generac's key executives?

Generac's management team includes the following people:

Mr. Aaron P. Jagdfeld, Pres, CEO & Chairman (Age 48, Pay $2.55M)
Mr. York A. Ragen, CFO & Chief Accounting Officer (Age 49, Pay $882.67k)
Mr. Russell S. Minick, Chief Marketing Officer (Age 59, Pay $897.15k)
Mr. Patrick John Forsythe, Exec. VP of Global Engineering (Age 52, Pay $778.38k)
Mr. Erik Wilde, Exec. VP of Industrial Americas (Age 45, Pay $730.23k)
Mr. Thomas F. Pettit, Chief Operations Officer (Age 51)
Mr. Tim Dickson, Chief Information Officer
Mr. Michael W. Harris CPA, CPA, VP of Corp. Devel. & Investor Relations
Mr. Rajendra Kumar Kanuru, Exec. VP, Gen. Counsel & Sec.
Mr. Steve Goran, Exec. VP of Global Corp. Devel.

What is Generac's stock symbol?

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

Who are Generac's major shareholders?

Generac's stock is owned by many different retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.24%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%), IFM Investors Pty Ltd (0.01%), Polianta Ltd (0.01%) and Diversified Trust Co (0.01%). 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.

Which major investors are selling Generac stock?

GNRC stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Sowell Financial Services LLC, and Contravisory Investment Management Inc.. Company insiders that have sold Generac company stock in the last year include Aaron Jagdfeld, Erik Wilde, Patrick John Forsythe, Russell S Minick, and York A Ragen.
View insider buying and selling activity for Generac or view top insider-selling stocks.

Which major investors are buying Generac stock?

GNRC stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Polianta Ltd, New England Research & Management Inc., Bath Savings Trust Co, West Oak Capital LLC, Diversified Trust Co, Marotta Asset Management, and HBW Advisory Services LLC.
View insider buying and selling activity for Generac or or view top insider-buying stocks.

How do I buy shares of Generac?

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

What is Generac's stock price today?

One share of GNRC stock can currently be purchased for approximately $252.81.

How big of a company is Generac?

Generac has a market capitalization of $15.89 billion and generates $2.20 billion in revenue each year. The technology company earns $253.26 million in net income (profit) each year or $5.06 on an earnings per share basis. Generac employs 5,689 workers across the globe.

What is Generac's official website?

The official website for Generac is www.generac.com.

How can I contact Generac?

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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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