NYSE:GNRCGenerac Stock Price, Forecast & News

$112.20

-5.79 (-4.91 %)

(As of 05/29/2020 03:24 PM ET)

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Today's Range

$110.64

Now: $112.20▼

$116.88

50-Day Range

$89.64

MA: $102.01▼

$122.05

52-Week Range

$54.19

Now: $112.20▼

$123.19

Volume741,967 shs

Average Volume630,125 shs

Market Capitalization$7.03 billion

P/E Ratio28.33

Dividend YieldN/A

Beta0.89

Generac Holdings Inc. designs, manufactures, and sells power generation equipment and other power products for the residential, 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. 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 60kW; 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; and outdoor power equipment, such as trimmers and brush mowers, log splitters, lawn and leaf vacuums, and chipper shredders. 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 as emergency backup for large healthcare, telecom, datacom, commercial office, 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 merchants, electrical and HVAC wholesalers, catalogs, and equipment rental companies and distributors; and directly to end users under the Powermate, DeWalt, DR, and Pramac brand names. Generac Holdings Inc. was founded in 1959 and is headquartered in Waukesha, Wisconsin.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Generac has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $108.29, Generac has a potential downside of 3.5% from its current price of $112.20.
Amount of Analyst Coverage
Generac has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Generac has received 349 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Generac has received 521 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Generac has received 59.89% “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.

1.0 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 $5,318,614.00 in company stock.
Percentage Held by Insiders
Only 2.70% of the stock of Generac is held by insiders.
Percentage Held by Institutions
98.28% of the stock of Generac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Generac are expected to grow by 17.70% in the coming year, from $4.35 to $5.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Generac is 28.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Generac is 28.44, 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 40.76.
Price to Earnings Growth Ratio
Generac has a PEG Ratio of 4.32. 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 6.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.29 out of 5 stars

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

Debt

Debt-to-Equity Ratio0.97

Current Ratio2.50

Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio28.33

Forward P/E Ratio25.79

P/E Growth4.32

Sales & Book Value

Annual Sales$2.20 billion

Price / Sales3.19

Cash Flow$5.64 per share

Price / Cash Flow19.91

Book Value$16.33 per share

Price / Book6.87

Profitability

EPS (Most Recent Fiscal Year)$5.06

Net Income$252.01 million

Net Margins11.39%

Return on Equity32.73%

Return on Assets12.13%

Miscellaneous

Employees5,689

Outstanding Shares62,680,000

Market Cap$7.03 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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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 shares have increased by 9.9% and is now trading at $112.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Generac?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Generac in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Generac.

When is Generac's next earnings date?

Generac is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Generac.

How were Generac's earnings last quarter?

Generac Holdings Inc. (NYSE:GNRC) posted its quarterly earnings results on Thursday, April, 30th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.13. The technology company earned $475.90 million during the quarter, compared to the consensus estimate of $473.87 million. Generac had a net margin of 11.39% and a return on equity of 32.73%. The firm's revenue was up .5% compared to the same quarter last year. During the same period last year, the business earned $0.91 earnings per share. View Generac's earnings history.

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

Generac updated its FY 2020 Pre-Market earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.9836-2.0938 billion, compared to the consensus revenue estimate of $2.22 billion.

What price target have analysts set for GNRC?

8 analysts have issued 12-month price objectives for Generac's stock. Their forecasts range from $86.00 to $120.00. On average, they anticipate Generac's stock price to reach $108.29 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for Generac.

Has Generac been receiving favorable news coverage?

Headlines about GNRC stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Generac earned a news sentiment score of -1.6 on InfoTrie's scale. They also assigned press 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 near term. View the latest news aboutGenerac.

Are investors shorting Generac?

Generac saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,980,000 shares, an increase of 8.4% from the April 30th total of 3,670,000 shares. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 6.5% of the shares of the stock are short sold. View Generac's Current Options Chain.

Who are some of Generac's key competitors?

Some companies that are related to Generac include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), Rockwell Automation (ROK), AMETEK (AME), Enphase Energy (ENPH), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Vicor (VICR), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all 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 Alibaba Group (BABA), Visa (V), NVIDIA (NVDA), Cisco Systems (CSCO), salesforce.com (CRM), Gilead Sciences (GILD), Adobe (ADBE), Advanced Micro Devices (AMD), QUALCOMM (QCOM) and AT&T (T).

Who are Generac's key executives?

Generac's management team includes the following people:

Mr. Aaron P. Jagdfeld, Pres, CEO & Exec. Chairman (Age 47)
Mr. York A. Ragen, CFO & Chief Accounting Officer (Age 48)
Mr. Russell S. Minick, Chief Marketing Officer (Age 58)
Mr. Patrick John Forsythe, Exec. VP of Global Engineering (Age 51)
Mr. Erik Wilde, Exec. VP of Industrial Americas (Age 44)

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.24%), JPMorgan Chase & Co. (7.16%), State Street Corp (3.12%), Lord Abbett & CO. LLC (1.74%), Congress Asset Management Co. MA (1.72%) and Victory Capital Management Inc. (1.67%). 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 JPMorgan Chase & Co., Lord Abbett & CO. LLC, Alyeska Investment Group L.P., Janus Henderson Group PLC, Schroder Investment Management Group, Rothschild & Co. Asset Management US Inc., Impax Asset Management Group plc, and Scout Investments Inc.. Company insiders that have sold Generac company stock in the last year include Aaron Jagdfeld, Erik Wilde, Russell S Minick, and York A Ragen. View insider buying and selling activity for Generac.

Which major investors are buying Generac stock?

GNRC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Pictet Asset Management Ltd., State Street Corp, Capital International Investors, Victory Capital Management Inc., Victory Capital Management Inc., Baird Financial Group Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for Generac.

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 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 $112.20.

How big of a company is Generac?

Generac has a market capitalization of $7.03 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.

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 5/29/2020 by MarketBeat.com Staff