Generac Holdings Inc. (NYSE:GNRC) went down by -3.25% from its latest closing price compared to the recent 1-year high of $524.31. The company’s stock price has collected -10.04% of loss in the last five trading sessions. Barron’s reported on 02/16/22 that Generac Stock Is Spiking. It Expects ‘Exceptional Revenue Growth’ in 2022.
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 29.14 x from its present earnings ratio. Plus, the 36-month beta value for GNRC is at 1.14. Opinions of the stock are interesting as 18 analysts out of 22 who provided ratings for Generac Holdings Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $390.44, which is $173.81 above the current price. GNRC currently public float of 62.08M and currently shorts hold a 5.94% ratio of that float. Today, the average trading volume of GNRC was 1.04M shares.
GNRC’s Market Performance
GNRC stocks went down by -10.04% for the week, with a monthly drop of -1.66% and a quarterly performance of -29.50%, while its annual performance rate touched -43.48%. The volatility ratio for the week stands at 6.19% while the volatility levels for the past 30 days are set at 6.13% for Generac Holdings Inc. The simple moving average for the period of the last 20 days is -15.00% for GNRC stocks with a simple moving average of -36.63% for the last 200 days.
Analysts’ Opinion of GNRC
Many brokerage firms have already submitted their reports for GNRC stocks, with Northland Capital repeating the rating for GNRC by listing it as a “Outperform.” The predicted price for GNRC in the upcoming period, according to Northland Capital is $370 based on the research report published on May 25th of the current year 2022.
Truist, on the other hand, stated in their research note that they expect to see GNRC reach a price target of $425. The rating they have provided for GNRC stocks is “Buy” according to the report published on May 02nd, 2022.
Goldman gave a rating of “Buy” to GNRC, setting the target price at $410 in the report published on April 05th of the current year.
GNRC Trading at -12.71% 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 unable to rebound, for now settling with -59.41% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares sank -8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.89% lower at present.
During the last 5 trading sessions, GNRC fell by -12.50%, which changed the moving average for the period of 200-days by -53.69% in comparison to the 20-day moving average, which settled at $249.36. In addition, Generac Holdings Inc. saw -37.49% in overturn over a single year, with a tendency to cut further losses.
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 $250.68 back on Jun 01. After this action, Jagdfeld Aaron now owns 620,975 shares of Generac Holdings Inc., valued at $1,253,400 using the latest closing price.
Jagdfeld Aaron, the Chief Executive Officer of Generac Holdings Inc., sale 5,000 shares at $218.70 during a trade that took place back on May 02, which means that Jagdfeld Aaron is holding 625,975 shares at $1,093,500 based on the most recent closing price.
Stock Fundamentals for GNRC
Current profitability levels for the company are sitting at:
- +19.69 for the present operating margin
- +35.04 for the gross margin
The net margin for Generac Holdings Inc. stands at +14.27. Equity return is now at value 24.40, with 10.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.