In the past week, GNRC stock has gone up by 1.29%, with a monthly gain of 17.69% and a quarterly surge of 7.65%. The volatility ratio for the week is 3.61%, and the volatility levels for the last 30 days are 3.44% for Generac Holdings Inc. The simple moving average for the past 20 days is 4.17% for GNRC’s stock, with a 22.91% simple moving average for the past 200 days.
Is It Worth Investing in Generac Holdings Inc (NYSE: GNRC) Right Now?
The price-to-earnings ratio for Generac Holdings Inc (NYSE: GNRC) is above average at 43.11x, Company’s 36-month beta value is 1.37.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 0 as “sell.”
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The public float for GNRC is 59.14M, and currently, short sellers hold a 4.67% ratio of that floaft. The average trading volume of GNRC on October 18, 2024 was 877.12K shares.
GNRC) stock’s latest price update
The stock of Generac Holdings Inc (NYSE: GNRC) has decreased by -3.30 when compared to last closing price of 174.21.Despite this, the company has seen a gain of 1.29% in its stock price over the last five trading days. globenewswire.com reported 2024-10-17 that WAUKESHA, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) — Generac Holdings Inc. (“Generac”) (NYSE: GNRC), a leading global designer, manufacturer, and provider of energy technology solutions and other power products, today announced plans to release its third quarter 2024 financial results before the market opens on Thursday, October 31, 2024. Generac management will hold a conference call at 10:00 a.m. EDT on that day to discuss highlights of this earnings release.
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 10.01% 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 -4.21% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares surge +17.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.92% upper at present.
During the last 5 trading sessions, GNRC rose by +1.29%, which changed the moving average for the period of 200-days by +32.26% in comparison to the 20-day moving average, which settled at $161.72. In addition, Generac Holdings Inc saw 30.35% 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 Kanuru Rajendra Kumar, who proposed sale 3,000 shares at the price of $161.19 back on Oct 04 ’24. After this action, Kanuru Rajendra Kumar now owns shares of Generac Holdings Inc, valued at $483,570 using the latest closing price.
Jagdfeld Aaron, the Chief Executive Officer of Generac Holdings Inc, sale 5,000 shares at $158.93 during a trade that took place back on Oct 01 ’24, which means that Jagdfeld Aaron is holding 562,177 shares at $794,650 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 2.85. 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 a nutshell, Generac Holdings Inc (GNRC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
