Generac - GNRC Stock Forecast, Price & News

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GNRC shares.
View GNRC analyst ratings or view top-rated stocks.

24 Wall Street analysts have issued 1 year price targets for Generac's stock. Their GNRC share price forecasts range from $190.00 to $556.00. On average, they expect the company's stock price to reach $388.91 in the next twelve months. This suggests a possible upside of 118.3% from the stock's current price.
View analysts price targets for GNRC or view top-rated stocks among Wall Street analysts.

Generac's stock was trading at $351.92 at the beginning of 2022. Since then, GNRC shares have decreased by 49.4% and is now trading at $178.14.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our GNRC earnings forecast.

Generac Holdings Inc. (NYSE:GNRC) issued its quarterly earnings data on Wednesday, August, 3rd. The technology company reported $2.99 EPS for the quarter, topping analysts' consensus estimates of $2.65 by $0.34. The technology company earned $1.29 billion during the quarter, compared to analysts' expectations of $1.26 billion. Generac had a net margin of 12.28% and a trailing twelve-month return on equity of 29.42%. The company's quarterly revenue was up 40.3% compared to the same quarter last year. During the same period last year, the firm earned $2.39 earnings per share.
Read the conference call transcript.

Generac updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.08 billion-$5.23 billion, compared to the consensus revenue estimate of $5.17 billion.

214 employees have rated Generac Chief Executive Officer Aaron Jagdfeld on Glassdoor.com. Aaron Jagdfeld has an approval rating of 60% among the company's employees. This puts Aaron Jagdfeld in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 (CRM), Cisco Systems (CSCO), DocuSign (DOCU) and Adobe (ADBE).

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

Shares of GNRC stock 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.
Compare Top Brokerages Here.

One share of GNRC stock can currently be purchased for approximately $178.14.

Generac (NYSE:GNRC) has a market capitalization of $11.37 billion and generates $3.74 billion in revenue each year. The technology company earns $533.39 million in net income (profit) each year or $7.75 on an earnings per share basis.

The company employs 9,540 workers across the globe.

Generac's mailing address is S45 W29290 HIGHWAY 59, WAUKESHA WI, 53189. The official website for the company is www.generac.com. The technology company can be reached via phone at (262) 544-4811, via email at investorrelations@generac.com, or via fax at 302-636-5454.