Daily High to Daily Low: Is It Safe to Buy Generac Holdings Inc. (GNRC)?

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Generac Holdings Inc. (NYSE:GNRC) went up by 4.53% from its latest closing price compared to the recent 1-year high of $215.98. The company’s stock price has collected 5.73% of gains in the last five trading sessions. Press Release reported 17 hours ago that Generac Reports Record Third Quarter 2020 Results

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Is It Worth Investing in Generac Holdings Inc. (NYSE :GNRC) Right Now?

Generac Holdings Inc. (NYSE:GNRC) scored a price-to-earnings ratio above its average ratio, recording 53.74 x from its present earnings ratio. Plus, the 36-month beta value for GNRC is at 1.06. Opinions of the stock are interesting as 11 analysts out of 15 who provided ratings for Generac Holdings Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $241.58, which is $2.16 above the current price. GNRC currently public float of 61.73M and currently shorts hold a 1.92% ratio of that float. Today, the average trading volume of GNRC was 723.76K shares.

GNRC’s Market Performance

GNRC stocks went up by 5.73% for the week, with a monthly jump of 15.40% and a quarterly performance of 46.85%, while its annual performance rate touched 137.41%. The volatility ratio for the week stands at 4.10% while the volatility levels for the past 30 days are set at 3.68% for Generac Holdings Inc.. The simple moving average for the period of the last 20 days is 5.57% for GNRC stocks with a simple moving average of 62.85% for the last 200 days.

Analysts’ Opinion of GNRC

Many brokerage firms have already submitted their reports for GNRC stocks, with Stephens repeating the rating for GNRC by listing it as a “Overweight.” The predicted price for GNRC in the upcoming period, according to Stephens is $250 based on the research report published on October 16th of the current year 2020.

Canaccord Genuity, on the other hand, stated in their research note that they expect to see GNRC reach a price target of $250, previously predicting the price at $200. The rating they have provided for GNRC stocks is “Buy” according to the report published on October 15th, 2020.

JMP Securities gave a rating of “Mkt Outperform” to GNRC, setting the target price at $285 in the report published on October 06th of the current year.

GNRC Trading at 12.65% from the 50-Day Moving Average

After a stumble in the market that brought GNRC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.52% of gains for the given period.

Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +12.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.50% upper at present.

During the last 5 trading sessions, GNRC rose by +5.73%, which changed the moving average for the period of 200-days by +112.56% in comparison to the 20-day moving average, which settled at $206.83. In addition, Generac Holdings Inc. saw 115.84% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GNRC starting from Jagdfeld Aaron, who sale 5,000 shares at the price of $195.64 back on Oct 01. After this action, Jagdfeld Aaron now owns 657,340 shares of Generac Holdings Inc., valued at $978,191 using the latest closing price.

Jagdfeld Aaron, the Chief Executive Officer of Generac Holdings Inc., sale 5,000 shares at $189.27 during a trade that took place back on Sep 01, which means that Jagdfeld Aaron is holding 662,340 shares at $946,347 based on the most recent closing price.

Stock Fundamentals for GNRC

Current profitability levels for the company are sitting at:

  • +16.88 for the present operating margin
  • +34.89 for the gross margin

The net margin for Generac Holdings Inc. stands at +11.49. The total capital return value is set at 19.71, while invested capital returns managed to touch 14.32. Equity return is now at value 25.00, with 9.60 for asset returns.

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Based on Generac Holdings Inc. (GNRC), the company’s capital structure generated 90.65 points at debt to equity in total, while total debt to capital is 47.55. Total debt to assets is 35.11, with long-term debt to equity ratio resting at 84.03. Finally, the long-term debt to capital ratio is 44.08.

When we switch over and look at the enterrpise to sales, we see a ratio of 3.17, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 6.83 and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.

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