Generac Holdings Inc. (NYSE:GNRC) Receives $174.56 Average PT from Analysts

Shares of Generac Holdings Inc. (NYSE:GNRC) have earned an average rating of “Moderate Buy” from the nineteen analysts that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $180.7778.

Several research analysts have weighed in on GNRC shares. Stifel Nicolaus increased their price objective on Generac from $195.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Wells Fargo & Company increased their price objective on Generac from $128.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Citigroup reiterated a “neutral” rating and set a $219.00 price objective (up previously from $138.00) on shares of Generac in a research report on Tuesday, August 26th. JPMorgan Chase & Co. raised their price target on Generac from $165.00 to $180.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Roth Capital raised their price target on Generac from $122.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd.

Generac Stock Up 1.9%

GNRC stock opened at $185.73 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 0.88. The stock has a market capitalization of $10.90 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 1.46 and a beta of 1.63. The business’s fifty day moving average price is $180.97 and its two-hundred day moving average price is $145.48. Generac has a fifty-two week low of $99.50 and a fifty-two week high of $203.25.

Generac (NYSE:GNRC) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.32. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Generac had a return on equity of 19.14% and a net margin of 7.91%.The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.35 EPS. Generac has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that Generac will post 8 earnings per share for the current year.

Insider Activity at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $181.21, for a total value of $906,050.00. Following the transaction, the chief executive officer owned 552,966 shares in the company, valued at approximately $100,202,968.86. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB increased its position in shares of Generac by 81.1% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 172 shares of the technology company’s stock worth $25,000 after purchasing an additional 77 shares during the period. MUFG Securities EMEA plc acquired a new stake in Generac in the second quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Generac in the first quarter valued at about $28,000. Creative Capital Management Investments LLC boosted its stake in Generac by 740.7% in the second quarter. Creative Capital Management Investments LLC now owns 227 shares of the technology company’s stock valued at $33,000 after buying an additional 200 shares in the last quarter. Finally, Legend Financial Advisors Inc. acquired a new stake in Generac in the second quarter valued at about $36,000. Institutional investors own 84.04% of the company’s stock.

Generac Company Profile

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.