Roth Capital Has Strong Estimate for Generac FY2025 Earnings

Generac Holdings Inc. (NYSE:GNRC) – Roth Capital increased their FY2025 earnings per share (EPS) estimates for shares of Generac in a report issued on Thursday, May 1st. Roth Capital analyst C. Moore now expects that the technology company will post earnings of $7.53 per share for the year, up from their previous estimate of $7.49. The consensus estimate for Generac’s current full-year earnings is $8.00 per share.

Several other analysts have also recently issued reports on GNRC. Piper Sandler dropped their target price on Generac from $175.00 to $155.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Bank of America began coverage on shares of Generac in a report on Monday, March 24th. They issued a “buy” rating and a $182.00 target price on the stock. TD Cowen decreased their price objective on Generac from $173.00 to $155.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Wells Fargo & Company reduced their target price on Generac from $165.00 to $128.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 1st. Finally, UBS Group increased their price target on Generac from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Nine research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, Generac presently has an average rating of “Moderate Buy” and an average price target of $167.20.

Generac Trading Down 2.4 %

GNRC opened at $113.85 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.97 and a quick ratio of 0.97. The company’s 50 day simple moving average is $121.17 and its two-hundred day simple moving average is $148.87. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 1.44 and a beta of 1.73. Generac has a 1-year low of $99.50 and a 1-year high of $195.94.

Generac (NYSE:GNRC) last announced its earnings results on Wednesday, April 30th. The technology company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.27. The company had revenue of $942.12 million for the quarter, compared to analysts’ expectations of $921.78 million. Generac had a net margin of 7.36% and a return on equity of 18.17%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.88 EPS.

Institutional Trading of Generac

Large investors have recently made changes to their positions in the company. Hurley Capital LLC acquired a new position in Generac during the 4th quarter worth approximately $26,000. Versant Capital Management Inc grew its stake in shares of Generac by 391.9% during the fourth quarter. Versant Capital Management Inc now owns 182 shares of the technology company’s stock worth $28,000 after purchasing an additional 145 shares in the last quarter. Cranbrook Wealth Management LLC acquired a new position in shares of Generac during the fourth quarter worth $28,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Generac in the first quarter valued at $28,000. Finally, Bank of Jackson Hole Trust acquired a new stake in Generac in the fourth quarter valued at $31,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

About Generac

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.