Generac Holdings Inc [NYSE: GNRC] price surged by 14.35 percent to reach at $12.06. The company report on November 1, 2023 at 6:00 AM that Generac Reports Third Quarter 2023 Results.
Return to margin expansion and strong free cash flow generation; maintaining overall net sales and adjusted EBITDA outlook for full-year 2023.
A sum of 3770291 shares traded at recent session while its average daily volume was at 1.46M shares. Generac Holdings Inc shares reached a high of $97.87 and dropped to a low of $93.06 until finishing in the latest session at $96.13.
The one-year GNRC stock forecast points to a potential upside of 29.76. The average equity rating for GNRC stock is currently 2.10, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Generac Holdings Inc [GNRC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNRC shares is $136.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNRC stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for Generac Holdings Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on October 20, 2023.
The Average True Range (ATR) for Generac Holdings Inc is set at 4.33, with the Price to Sales ratio for GNRC stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 2.47, with the Price to Cash per share for the same quarter was set at 3.10. Price to Free Cash Flow for GNRC in the course of the last twelve months was 377.96 with Quick ratio for the last quarter at 0.89.
GNRC Stock Performance Analysis:
Generac Holdings Inc [GNRC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.93. With this latest performance, GNRC shares dropped by -6.81% in over the last four-week period, additionally sinking by -16.22% over the last 6 months – not to mention a drop of -17.06% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNRC stock in for the last two-week period is set at 50.19, with the RSI for the last a single of trading hit 59.01, and the three-weeks RSI is set at 45.81 for Generac Holdings Inc [GNRC]. The present Moving Average for the last 50 days of trading for this stock 105.22, while it was recorded at 85.57 for the last single week of trading, and 115.84 for the last 200 days.
Insight into Generac Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Generac Holdings Inc [GNRC] shares currently have an operating margin of +12.43 and a Gross Margin at +31.08. Generac Holdings Inc’s Net Margin is presently recorded at +7.67.
Return on Total Capital for GNRC is now 15.63, given the latest momentum, and Return on Invested Capital for the company is 10.16. Return on Equity for this stock inclined to 15.67, with Return on Assets sitting at 6.97. When it comes to the capital structure of this company, Generac Holdings Inc [GNRC] has a Total Debt to Total Equity ratio set at 67.99. Additionally, GNRC Total Debt to Total Capital is recorded at 40.47, with Total Debt to Total Assets ending up at 29.69. Long-Term Debt to Equity for the company is recorded at 63.91, with the Long-Term Debt to Total Capital now at 38.04.
Reflecting on the efficiency of the workforce at the company, Generac Holdings Inc [GNRC] managed to generate an average of $36,870 per employee. Receivables Turnover for the company is 8.54 with a Total Asset Turnover recorded at a value of 0.91.Generac Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.89 and a Current Ratio set at 2.43.
GNRC Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GNRC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Generac Holdings Inc go to -1.44%.
Generac Holdings Inc [GNRC] Institutonal Ownership Details
The top three institutional holders of GNRC stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in GNRC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in GNRC stock with ownership which is approximately 5.7994%.