24-May-2024
Traders may be on high alert this summer with a very active Atlantic hurricane season predicted.
Seeking Alpha News (Thu, 23-May 12:18 PM ET)
Generac Holdings downgraded at J.P. Morgan on valuation
Seeking Alpha News (Thu, 23-May 8:15 AM ET)
Generac Holdings (GNRC) Gets a Buy from Truist Financial
TipRanks (Thu, 23-May 7:05 AM ET)
Generac Holdings downgraded at Oppenheimer on valuation
Seeking Alpha News (Wed, 22-May 10:10 AM ET)
Generac Holdings: Hold Rating Amid Market Position and Future Prospect Evaluation
TipRanks (Wed, 22-May 4:36 AM ET)
Mean Green Introduces the World's Largest Electric Zero-Turn Mower
PRNewswire (Mon, 20-May 7:30 AM ET)
PRNewswire (Mon, 13-May 7:30 AM ET)
Record Breaking Atlantic Hurricane Season Looms - Are People Ready?
PRNewswire (Mon, 6-May 7:30 AM ET)
Generac Reports First Quarter 2024 Results
Globe Newswire (Wed, 1-May 6:00 AM ET)
Generac Issues 2023 Environmental, Social, and Governance Report
PRNewswire (Mon, 29-Apr 7:30 AM ET)
Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Generac Hldgs trades on the NYSE stock market under the symbol GNRC.
As of May 24, 2024, GNRC stock price climbed to $148.66 with 815,829 million shares trading.
GNRC has a beta of 2.62, meaning it tends to be more sensitive to market movements. GNRC has a correlation of 0.36 to the broad based SPY ETF.
GNRC has a market cap of $9.01 billion. This is considered a Mid Cap stock.
Last quarter Generac Hldgs reported $889 million in Revenue and $.88 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.13.
In the last 3 years, GNRC stock traded as high as $524.31 and as low as $79.86.
The top ETF exchange traded funds that GNRC belongs to (by Net Assets): VTI, VOO, VB, RSP, VBK.
GNRC stock has underperformed the market in the last year with a return of +28.0%, while SPY returned +30.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GNRC shares. However, GNRC has outperformed the market in the last 3 month and 2 week periods, returning +31.8% and +8.1%, while SPY returned +4.6% and +1.7%, respectively. This indicates GNRC has been having a stronger performance recently.
GNRC support price is $140.07 and resistance is $148.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GNRC stock will trade within this expected range on the day.