Generac - GNRC Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GNRC shares.
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24 analysts have issued 12-month target prices for Generac's stock. Their GNRC share price forecasts range from $75.00 to $556.00. On average, they expect the company's stock price to reach $226.05 in the next twelve months. This suggests a possible upside of 78.6% 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 $100.66 at the start of the year. Since then, GNRC shares have increased by 25.7% and is now trading at $126.54.
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Generac saw a increase in short interest in December. As of December 30th, there was short interest totaling 6,050,000 shares, an increase of 9.8% from the December 15th total of 5,510,000 shares. Based on an average daily volume of 2,280,000 shares, the short-interest ratio is currently 2.7 days. Approximately 9.7% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our GNRC earnings forecast.

Generac Holdings Inc. (NYSE:GNRC) posted its earnings results on Tuesday, November, 2nd. The technology company reported $2.35 earnings per share for the quarter, missing analysts' consensus estimates of $2.39 by $0.04. The technology company earned $942.70 million during the quarter, compared to analyst estimates of $961.13 million. Generac had a trailing twelve-month return on equity of 26.03% and a net margin of 10.29%. The business's revenue was up 34.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.08 earnings per share.
Read the conference call transcript.

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."

Generac's stock is owned by a variety of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.78%), DekaBank Deutsche Girozentrale (0.48%), Zurcher Kantonalbank Zurich Cantonalbank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Allspring Global Investments Holdings LLC (0.27%) and Mountain Pacific Investment Advisers Inc. ID (0.21%). Insiders that own company stock include Aaron Jagdfeld, Erik Wilde, Patrick John Forsythe, Rajendra Kumar Kanuru, Robert D Dixon, Russell S Minick and York A Ragen.
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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.
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One share of GNRC stock can currently be purchased for approximately $126.54.

Generac (NYSE:GNRC) has a market capitalization of $8.02 billion and generates $3.74 billion in revenue each year. The technology company earns $533.39 million in net income (profit) each year or $6.65 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.