NYSE:GNRC

Generac - GNRC Stock Forecast, Price & News

$181.58

+5.01 (+2.84%)

(As of 09/26/2022 12:00 AM ET)

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Today's Range: $177.11
▼
$186.91
50-Day Range: $171.08
▼
$280.52
52-Week Range: $167.11
▼
$524.31

Volume: 3.54 million shs
Average Volume: 1.00 million shs
Market Capitalization: $11.59 billion

P/E Ratio: 23.43
Dividend Yield: N/A
Price Target: $406.85

Generac MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 124.1% Upside
$406.85 Price Target
Short Interest: Bearish
10.36% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.45
Upright™ Environmental Score
News Sentiment: 0.16
Based on 13 Articles This Week
Insider Trading: Selling Shares
$2.39 M Sold Last Quarter
Proj. Earnings Growth: 16.89%
From $11.90 to $13.91 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Computer And Technology Sector

166th out of 629 stocks

Motors & Generators Industry

1st out of 4 stocks

4.4

Analyst's Opinion

Consensus Rating
Generac has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 19 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $406.85, Generac has a forecasted upside of 124.1% from its current price of $181.58.
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.

1.0

Short Interest

Percentage of Shares Shorted
10.36% of the float of Generac has been sold short.
Short Interest Ratio / Days to Cover
Generac has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in Generac has recently increased by 2.68%, indicating that investor sentiment is decreasing.

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.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Generac has received a -4.81% net impact score from Upright. The largest negative impact of Generac in category "GHG emissions" seems to be driven mostly by its "Diesel generators", "Hydraulic pumps", and "Portable generators" products. See details.
Environmental Sustainability
The Environmental Impact score for Generac is -2.45.

2.3

News and Social Media Coverage

News Sentiment
Generac has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Generac this week, compared to 9 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 1 reddit mention for Generac this week, compared to 0 mentions on an average week.
Search Interest
Only 59 people have searched for GNRC on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
MarketBeat Follows
30 people have added Generac to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

2.5

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 $2,393,850.00 in company stock.
Percentage Held by Insiders
Only 2.80% of the stock of Generac is held by insiders.
Percentage Held by Institutions
90.40% of the stock of Generac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Generac are expected to grow by 16.89% in the coming year, from $11.90 to $13.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Generac is 23.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Generac is 23.43, 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 342.30.
Price to Earnings Growth Ratio
Generac has a PEG Ratio of 1.48. 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 5.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Generac (NYSE:GNRC) Stock

Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company offers engines, alternators, batteries, electronic controls, steel enclosures, and other components. It also provides residential automatic standby generators ranging in output from 7.5kW to 150kW; air-cooled engine residential standby generators ranging from 7.5kW to 26kW; liquid-cooled engine generators with outputs ranging from 22kW to 150kW; and Mobile Link, a remote monitoring system for home standby generators. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; outdoor power equipment, such as trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, pressure washers, and water pumps; and clean energy solution under the PWRcell and PWRview brands. Further, it provides light towers, mobile generators, and mobile energy storage systems; commercial mobile pumps and dust-suppression equipment; various gaseous-engine control systems and accessories; 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 to 3,250kW used as emergency backup for healthcare, telecom, datacom, commercial office, retail, 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 partners, electrical, HVAC and solar wholesalers, catalogs, equipment rental companies and distributors, and solar installers; and directly to end users. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin.

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GNRC Stock News Headlines

September 26, 2022 | benzinga.com

Generac shares are trading higher amid Hurricane Ian, which could drive power outages and increase the de - Benzinga

September 26, 2022 | seekingalpha.com

Generac rises on entry into portable battery market, strengthening hurricane (NYSE:GNRC) - Seeking Alpha

September 26, 2022 | finance.yahoo.com

Generac (GNRC) Launches PILOT XT With Compostable Leaf Bags

September 26, 2022 | benzinga.com

Looking At Generac Hldgs's Recent Whale Trades - Generac Hldgs (NYSE:GNRC) - Benzinga

September 26, 2022 | finance.yahoo.com

Generac Introduces Portable Power Stations

September 22, 2022 | barrons.com

More Power Outages Make Generac Stock Worth Buying Now - Barron's

September 22, 2022 | finance.yahoo.com

DR Power Equipment Announces the Addition of the PILOT XT Series to Its Fleet of Leaf Collection Equipment

September 22, 2022 | barrons.com

Rising Power Outages Make Generac Stock Worth Buying Now - Barron's

September 21, 2022 | finance.yahoo.com

Insights on the Natural Gas Generator Global Market to 2030 - Players Include Caterpillar, Cummins, Generac Power Systems and Mitsubishi Heavy Industries - Yahoo Finance

September 21, 2022 | businesswire.com

DarrowEverett LLP Announces Investigation into Generac Product Failures On Behalf Of Solar Energy Installers - Business Wire

September 21, 2022 | investing.com

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.01% By Investing.com - Investing.com

September 20, 2022 | seekingalpha.com

GNRC Generac Holdings Inc.

September 19, 2022 | benzinga.com

Benzinga Cruise Liners and Hurricane Season - Stocks To Watch Today $RCL $GNRC $DRI $TPHS $FOXO Podcast - Benzinga

September 14, 2022 | nasdaq.com

Generac (GNRC) and SDG&E Collaborate to Reduce Power Outages - Nasdaq

September 13, 2022 | bizjournals.com

PowerHome Solar lays off workers after Generac failures - Charlotte Business Journal - The Business Journals

September 12, 2022 | finance.yahoo.com

Power Rental Global Market Report 2022 - Yahoo Finance

September 12, 2022 | finance.yahoo.com

Generator Sales Global Market Report 2022 - Yahoo Finance

September 10, 2022 | uk.finance.yahoo.com

Gas Generator Sets Global Market Report 2022 - Yahoo Finance UK

September 10, 2022 | benzinga.com

Generac Hldgs (NYSE:GNRC) – ecobee Launches Pilot Program with California Utility to Help Prevent Power E - Benzinga

September 9, 2022 | globenewswire.com

Gas Generator Sets Global Market Report 2022 - GlobeNewswire

September 8, 2022 | bizjournals.com

Generac will vigorously defend itself against solar-panel lawsuit that alleges malfunctions

September 7, 2022 | finance.yahoo.com

Pink Energy CEO Urges Generac to Do National Recall on Alleged Defective Solar Product - Yahoo Finance

September 5, 2022 | nasdaq.com

Generac Holdings Inc. (NYSE:GNRC) insiders who sold US$3.8m worth of stock earlier this year are probably glad they did so as market cap slides to US$14b - Nasdaq

September 4, 2022 | benzinga.com

Generac Holdings Inc. (GNRC) – If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,100 Tod - Benzinga

September 2, 2022 | nasdaq.com

Generac Holdings (GNRC) Down 4.3% Since Last Earnings Report: Can It Rebound? - Nasdaq

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GNRC Company Calendar

Last Earnings: 8/03/2022
Today: 9/26/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motors & generators
Sub-Industry: Electrical Components & Equipment
Sector: Computer and Technology
Current Symbol: NYSE:GNRC
CUSIP: 36873610
CIK: 1474735
Web: www.generac.com
Phone: (262) 544-4811
Fax: 302-636-5454
Employees: 9,540
Year Founded: 1959

Price Target and Rating

Average Stock Price Forecast: $406.85
High Stock Price Forecast: $556.00
Low Stock Price Forecast: $275.00
Forecasted Upside/Downside: +124.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.75
Trailing P/E Ratio: 23.43
Forward P/E Ratio: 15.26
P/E Growth: 1.48
Net Income: $533.39 million
Net Margins: 12.28%
Pretax Margin: 15.35%
Return on Equity: 29.42%
Return on Assets: 13.10%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 2.13
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $3.74 billion
Price / Sales: 3.10
Cash Flow: $11.63 per share
Price / Cash Flow: 15.61
Book Value: $35.09 per share
Price / Book: 5.17

Miscellaneous

Outstanding Shares: 63,831,000
Free Float: 62,044,000
Market Cap: $11.59 billion
Optionable: Optionable
Beta: 1.33

Social Links

Key Executives

Mr. Aaron P. Jagdfeld (Age 50)
Chairman, Pres & CEO
Comp: $2.52M

Mr. York A. Ragen (Age 51)
CFO & Chief Accounting Officer
Comp: $938.04k

Mr. Patrick John Forsythe (Age 54)
Chief Technical Officer
Comp: $750.78k

Mr. Erik Wilde (Age 47)
Exec. VP of Industrial Americas
Comp: $718.09k

Mr. Thomas F. Pettit (Age 53)
Chief Operations Officer

Mr. Tim Dickson
Chief Information Officer

Mr. Michael W. Harris CPA
VP of Corp. Devel. & Investor Relations

Mr. Rajendra Kumar Kanuru (Age 51)
Exec. VP, Gen. Counsel & Sec.

Ms. Rhonda Matschke
Exec. VP of HR

Mr. Roger F. Pascavis (Age 62)
Exec. VP of Strategic Global Sourcing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GNRC Stock - Frequently Asked Questions

Should I buy or sell Generac stock right now?: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 1 sell rating, 1 hold rating and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GNRC shares.
View GNRC analyst ratings or view top-rated stocks.
What is Generac's stock price forecast for 2022?: 21 Wall Street analysts have issued 1 year price objectives for Generac's stock. Their GNRC share price forecasts range from $275.00 to $556.00. On average, they expect the company's share price to reach $406.85 in the next twelve months. This suggests a possible upside of 123.2% from the stock's current price.
View analysts price targets for GNRC or view top-rated stocks among Wall Street analysts.
How have GNRC shares performed in 2022?: Generac's stock was trading at $351.92 at the beginning of the year. Since then, GNRC stock has decreased by 48.2% and is now trading at $182.30.
View the best growth stocks for 2022 here.
Are investors shorting Generac?: Generac saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 6,340,000 shares, an increase of 14.0% from the July 31st total of 5,560,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is presently 6.3 days. Approximately 10.1% of the shares of the company are short sold.
View Generac's Short Interest.
When is Generac's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our GNRC earnings forecast.
How were Generac's earnings last quarter?: Generac Holdings Inc. (NYSE:GNRC) announced its quarterly earnings data on Wednesday, August, 3rd. The technology company reported $2.99 EPS for the quarter, topping the consensus estimate 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 revenue was up 40.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.39 EPS.
Read the conference call transcript.
What guidance has Generac issued on next quarter's earnings?: Generac issued an update on 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.
What is Aaron Jagdfeld's approval rating as Generac's CEO?: 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.

What other stocks do shareholders of Generac own?: 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).
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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (5.32%), State Street Corp (3.86%), Artisan Partners Limited Partnership (2.65%), FMR LLC (2.53%), Champlain Investment Partners LLC (2.03%) and JPMorgan Chase & Co. (2.00%). Insiders that own company stock include Aaron Jagdfeld, Erik Wilde, Patrick John Forsythe, Rajendra Kumar Kanuru, Russell S Minick and York A Ragen.
View institutional ownership trends.
How do I buy shares of Generac?: 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.
What is Generac's stock price today?: One share of GNRC stock can currently be purchased for approximately $182.30.
How much money does Generac make?: Generac (NYSE:GNRC) has a market capitalization of $11.64 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.
How many employees does Generac have?: The company employs 9,540 workers across the globe.
Does Generac have any subsidiaries?: The following companies are subsidiares of Generac: CHP Holdings Inc., Captiva Energy Solutions Private Limited, Country Home Products Inc., ENBALA Power Networks, GPR Brasil Equipamentos Ltda, Generac Acquisition Corp., Generac Colombia S.A.S., Generac Global UK Limited, Generac Holdings Italy S.r.l., Generac Holdings UK Ltd, Generac Mexico S.A. de C.V., Generac Mobile Products LLC, Generac Mobile Products S.r.l, Generac Mobile Products UK Ltd., Generac Power Systems Inc., Generac do Brasil Ltda, MAC Holdings LLC, MAC Inc., Motortech Americas LLC, Motortech GmbH, Motortech Polska Sp. Z.o.o., Motortech Shanghai Co. Ltd., Neurio Technology ULC, Operadora Selmec S.A. de C.V., Ottomotores Nominees Ltd., Ottomotores S.A de C.V., PR Australia PTY Ltd, PR Industrial S.r.l., PR Middle East Fze, PR-NA Industries Inc., Pika Energy Inc., Powermate LLC, Pramac Asia PTE Ltd, Pramac Caribe Srl, Pramac Europe SAS, Pramac Fu Lee Foshan Power Equipment Ltd, Pramac GmbH, Pramac Iberica S.A.U., Pramac RUS Ltd, Pramac Racing Limited, Pramac Sp. Z.o.o., Pramac UK Limited, Route 22A & 1 Main LLC, SC Pramac Generators S.r.l., Selmec Equipos Industriales S.A. de C.V., Selmec Industrial Equipment, Services & Gestion France Sarl, Servicios Administrativos Selmec S.A. de C.V., Suzhou Generac Power Systems Co. Ltd, Tower Light, and Warehouse Development Group LLC.
Read More
How can I contact Generac?: 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.

This page (NYSE:GNRC) was last updated on 9/26/2022 by MarketBeat.com Staff

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Generac - GNRC Stock Forecast, Price & News

Generac MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows