NYSE:GNRCGenerac Stock Price, Forecast & News

Generac's stock was trading at $102.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GNRC shares have increased by 24.0% and is now trading at $126.54. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Generac in the last year. There are currently 5 hold ratings and 5 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, August 6th 2020. View our earnings forecast for Generac.

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

Generac issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, April, 30th. The company provided 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.

10 brokers have issued 1 year price targets for Generac's stock. Their forecasts range from $105.00 to $150.00. On average, they anticipate Generac's share price to reach $120.56 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View analysts' price targets for Generac.

News headlines about GNRC stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog 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 impact score of 1.2 on InfoTrie's scale. They also assigned media headlines 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 company's share price in the near future. View the latest news about Generac.

Generac saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,410,000 shares, a drop of 8.6% from the June 15th total of 3,730,000 shares. Based on an average daily volume of 719,500 shares, the days-to-cover ratio is currently 4.7 days. Currently, 5.5% of the company's shares are sold short. View Generac's Current Options Chain.

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), Vicor (VICR), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

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).

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

Generac's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.33%), Mountain Pacific Investment Advisers Inc. ID (0.29%), Watchman Group Inc. (0.02%), Robecosam AG (0.01%), Canandaigua National Corp (0.00%) and Diversified Trust Co (0.00%). 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 Watchman Group 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.

GNRC stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Mountain Pacific Investment Advisers Inc. ID, Robecosam AG, Canandaigua National Corp, Diversified Trust Co, and Contravisory Investment Management Inc.. 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 $126.54.

Generac has a market capitalization of $7.93 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.

The official website for Generac is 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]