Generac Holdings Inc (NYSE: GNRC) has a price-to-earnings ratio of 36.84x that is above its average ratio. Additionally, the 36-month beta value for GNRC is 1.39. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for GNRC is 59.13M and currently, short sellers hold a 4.77% ratio of that float. The average trading volume of GNRC on September 19, 2024 was 831.39K shares.
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GNRC) stock’s latest price update
Generac Holdings Inc (NYSE: GNRC)’s stock price has gone rise by 0.58 in comparison to its previous close of 143.14, however, the company has experienced a 2.34% increase in its stock price over the last five trading days. zacks.com reported 2024-09-11 that GNRC’s PWRcell 2 and PWRcell 2 MAX, compatible with its suite of generator products, deliver enhanced power, reliability and smarter home energy management.
GNRC’s Market Performance
Generac Holdings Inc (GNRC) has seen a 2.34% rise in stock performance for the week, with a -5.32% decline in the past month and a 4.64% surge in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 2.88% for GNRC. The simple moving average for the last 20 days is -2.56% for GNRC’s stock, with a simple moving average of 7.90% for the last 200 days.
Analysts’ Opinion of GNRC
Many brokerage firms have already submitted their reports for GNRC stocks, with TD Cowen repeating the rating for GNRC by listing it as a “Buy.” The predicted price for GNRC in the upcoming period, according to TD Cowen is $172 based on the research report published on August 01, 2024 of the current year 2024.
Janney, on the other hand, stated in their research note that they expect to see GNRC reach a price target of $154, previously predicting the price at $126. The rating they have provided for GNRC stocks is “Neutral” according to the report published on June 13th, 2024.
Guggenheim gave a rating of “Sell” to GNRC, setting the target price at $120 in the report published on May 30th of the current year.
GNRC Trading at -3.57% 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 -15.09% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares sank -5.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.48% upper at present.
During the last 5 trading sessions, GNRC rose by +2.52%, which changed the moving average for the period of 200-days by +17.93% in comparison to the 20-day moving average, which settled at $147.34. In addition, Generac Holdings Inc saw 11.40% 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 $155.36 back on Sep 03 ’24. After this action, Jagdfeld Aaron now owns 567,177 shares of Generac Holdings Inc, valued at $776,800 using the latest closing price.
Jagdfeld Aaron, the Officer of Generac Holdings Inc, proposed sale 5,000 shares at $155.36 during a trade that took place back on Sep 03 ’24, which means that Jagdfeld Aaron is holding shares at $776,800 based on the most recent closing price.
Stock Fundamentals for GNRC
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.35 for the gross margin
The net margin for Generac Holdings Inc stands at 0.06. The total capital return value is set at 0.1. Equity return is now at value 9.98, with 4.58 for asset returns.
Based on Generac Holdings Inc (GNRC), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 8.68.
Currently, EBITDA for the company is 552.8 million with net debt to EBITDA at 2.42. When we switch over and look at the enterprise to sales, we see a ratio of 2.49. The receivables turnover for the company is 6.59for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.
Conclusion
In conclusion, Generac Holdings Inc (GNRC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
