Generac Holdings Inc (NYSE: GNRC) has experienced a decline in its stock price by -2.05 compared to its previous closing price of 186.34. However, the company has seen a fall of -3.61% in its stock price over the last five trading days. marketbeat.com reported 2024-11-12 that As they say, “You sell more umbrellas when it’s raining.” The same applies to backup power generators.
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 37.85x, Company’s 36-month beta value is 1.38.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 58.50M, and currently, short sellers hold a 4.10% ratio of that floaft. The average trading volume of GNRC on November 15, 2024 was 840.06K shares.
GNRC’s Market Performance
GNRC’s stock has seen a -3.61% decrease for the week, with a 8.35% rise in the past month and a 17.68% gain in the past quarter. The volatility ratio for the week is 3.27%, and the volatility levels for the past 30 days are at 3.24% for Generac Holdings Inc The simple moving average for the past 20 days is 3.73% for GNRC’s stock, with a 27.51% simple moving average for the past 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 $183 based on the research report published on November 01, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see GNRC reach a price target of $172, previously predicting the price at $144. The rating they have provided for GNRC stocks is “Buy” according to the report published on August 01st, 2024.
Janney gave a rating of “Neutral” to GNRC, setting the target price at $154 in the report published on June 13th of the current year.
GNRC Trading at 11.27% 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 -6.85% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +8.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.21% upper at present.
During the last 5 trading sessions, GNRC fell by -4.00%, which changed the moving average for the period of 200-days by +57.62% in comparison to the 20-day moving average, which settled at $175.91. In addition, Generac Holdings Inc saw 41.23% 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 proposed sale 29,993 shares at the price of $193.34 back on Nov 13 ’24. After this action, Jagdfeld Aaron now owns shares of Generac Holdings Inc, valued at $5,798,795 using the latest closing price.
Ragen York A., the Chief Financial Officer of Generac Holdings Inc, sale 29,081 shares at $184.73 during a trade that took place back on Nov 06 ’24, which means that Ragen York A. is holding 135,613 shares at $5,371,992 based on the most recent closing price.
Stock Fundamentals for GNRC
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.37 for the gross margin
The net margin for Generac Holdings Inc stands at 0.07. The total capital return value is set at 0.12. Equity return is now at value 12.25, with 5.65 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 0.49. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 5.19.
Currently, EBITDA for the company is 553.26 million with net debt to EBITDA at 2.23. When we switch over and look at the enterprise to sales, we see a ratio of 2.99. The receivables turnover for the company is 6.26for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
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.
