Is Generac Holdings Inc (NYSE: GNRC) Back In The Buying Zone?

Currently, there are 60.14M common shares owned by the public and among those 59.14M shares have been available to trade.

The company’s stock has a 5-day price change of -0.20% and 6.33% over the past three months. GNRC shares are trading 21.12% year to date (YTD), with the 12-month market performance up to 31.30% higher. It has a 12-month low price of $79.86 and touched a high of $169.57 over the same period. GNRC has an average intraday trading volume of 838.95K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.47%, 6.07%, and 19.14% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Generac Holdings Inc (NYSE: GNRC) shares accounts for 93.69% of the company’s 60.14M shares outstanding.

It has a market capitalization of $9.42B and a beta (3y monthly) value of 1.39. The stock’s trailing 12-month PE ratio is 40.05, while the earnings-per-share (ttm) stands at $3.91. The company has a PEG of 3.34 and a Quick Ratio of 0.99 with the debt-to-equity ratio at 0.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.28% over the week and 3.21% over the month.

Earnings per share for the fiscal year are expected to increase by 20.46%, and 23.18% over the next financial year. EPS should grow at an annualized rate of 12.00% over the next five years, compared to -1.56% over the past 5-year period.

Looking at the support for the GNRC, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on August 01, 2024, with the firm’s price target at $144-$172. Janney coverage for the Generac Holdings Inc (GNRC) stock in a research note released on June 13, 2024 offered a Neutral rating with a price target of $154. Guggenheim was of a view on May 30, 2024 that the stock is Sell, while JP Morgan gave the stock Neutral rating on May 23, 2024, issuing a price target of $149. Oppenheimer on their part issued Perform rating on May 22, 2024.

Most Popular

Related Posts