NYSE:GNRC - Generac Stock Price, Forecast & News

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. Since then, GNRC shares have decreased by 12.9% and is now trading at $88.96. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Generac in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Generac.

Generac is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Generac.

Generac Holdings Inc. (NYSE:GNRC) released its earnings results on Thursday, February, 13th. The technology company reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.38 by $0.15. The technology company had revenue of $590.93 million for the quarter, compared to the consensus estimate of $588.75 million. Generac had a net margin of 11.43% and a return on equity of 34.53%. The business's revenue was up 4.9% on a year-over-year basis. During the same period last year, the business earned $1.42 EPS. View Generac's earnings history.

Generac updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.337-2.381 billion, compared to the consensus revenue estimate of $2.35 billion.

7 equities research analysts have issued 1 year price objectives for Generac's shares. Their forecasts range from $86.00 to $125.00. On average, they anticipate Generac's share price to reach $105.67 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View analysts' price targets for Generac.

Headlines about GNRC stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Generac earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutGenerac.

Generac saw a drop in short interest in February. As of February 28th, there was short interest totaling 3,720,000 shares, a drop of 27.6% from the February 13th total of 5,140,000 shares. Based on an average daily trading volume, of 920,800 shares, the days-to-cover ratio is currently 4.0 days. Approximately 6.1% of the shares of the company are short sold. View Generac's Current Options Chain.

Some companies that are related to Generac include Roper Technologies (ROP), Eaton (ETN), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Enphase Energy (ENPH), Acuity Brands (AYI), II-VI (IIVI), Regal Beloit (RBC), Brady (BRC), Franklin Electric (FELE), EnerSys (ENS), 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), Cisco Systems (CSCO), Gilead Sciences (GILD), NVIDIA (NVDA), AT&T (T), Micron Technology (MU), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and salesforce.com (CRM).

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

Generac's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (7.33%), Lord Abbett & CO. LLC (2.54%), State Street Corp (2.06%), Investec Asset Management LTD (2.06%), Norges Bank (1.46%) and Janus Henderson Group PLC (1.45%). 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 Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Loomis Sayles & Co. L P, Investec Asset Management LTD, Russell Investments Group Ltd., FMR LLC, and Alyeska Investment Group L.P.. 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 activity for Generac.

GNRC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, William Blair Investment Management LLC, Amundi Pioneer Asset Management Inc., Kornitzer Capital Management Inc. KS, Zurcher Kantonalbank Zurich Cantonalbank, Beaconlight Capital LLC, AXA, and FIL Ltd. View insider buying and selling activity 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 $88.96.

Generac has a market capitalization of $5.57 billion and generates $2.20 billion in revenue each year. The technology company earns $252.01 million in net income (profit) each year or $5.06 on an earnings per share basis. Generac employs 5,689 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]