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) released its quarterly earnings data 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 had revenue of $601.14 million for the quarter, compared to analyst estimates of $583.14 million. Generac had a net margin of 11.85% and a return on equity of 36.32%. The business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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.

6 brokerages have issued 12 month price objectives for Generac's stock. Their forecasts range from $86.00 to $125.00. On average, they anticipate Generac's share price to reach $106.40 in the next year. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for Generac.

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

Media headlines about GNRC stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media 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 -5 to 5, with scores nearest to five being the most favorable. Generac earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Generac.

Generac saw a decline in short interest in January. As of January 15th, there was short interest totalling 1,730,000 shares, a decline of 16.0% from the December 31st total of 2,060,000 shares. Based on an average daily trading volume, of 639,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.8% of the shares of the stock 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), Enphase Energy (ENPH), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), 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), Cisco Systems (CSCO), Gilead Sciences (GILD), AT&T (T), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM) and salesforce.com (CRM).

Generac's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.60%), Copper Rock Capital Partners LLC (0.42%), Zurcher Kantonalbank Zurich Cantonalbank (0.39%), Mountain Pacific Investment Advisers Inc. ID (0.18%), James Investment Research Inc. (0.11%) and Artemis Investment Management LLP (0.10%). 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 Scout Investments Inc., Copper Rock Capital Partners LLC, Sciencast Management LP, Eqis Capital Management Inc., First Hawaiian Bank, Steward Partners Investment Advisory LLC, We Are One Seven LLC and Canandaigua National Bank & Trust Co.. 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 acquired by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Artemis Investment Management LLP, James Investment Research Inc., Mountain Pacific Investment Advisers Inc. ID, Landsberg Bennett & Dubbaneh LLC, Harbour Capital Advisors LLC, Ingalls & Snyder LLC and Strs Ohio. 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 $105.73.

Generac has a market capitalization of $6.61 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]