At the time of writing, Generac Holdings Inc [GNRC] stock is trading at $153.94, up 3.70%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GNRC shares have gain 9.57% over the last week, with a monthly amount glided 10.52%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Generac Holdings Inc [NYSE: GNRC] stock has seen the most recent analyst activity on June 13, 2024, when Janney downgraded its rating to a Neutral and also boosted its price target to $154 from $126. Previously, Guggenheim downgraded its rating to Sell on May 30, 2024, and kept the price target unchanged to $120. On May 23, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $149 on the stock. Oppenheimer downgraded its rating to a Perform. Canaccord Genuity reiterated its recommendation of a Buy and raised its price target to $150 on April 05, 2024. TD Cowen reiterated a Outperform rating for this stock on February 15, 2024, and downed its price target to $144. In a note dated February 15, 2024, Guggenheim downgraded an Neutral rating on this stock.
For the past year, the stock price of Generac Holdings Inc fluctuated between $79.86 and $156.95. Currently, Wall Street analysts expect the stock to reach $289.36 within the next 12 months. Generac Holdings Inc [NYSE: GNRC] shares were valued at $153.94 at the most recent close of the market. An investor can expect a potential return of 87.97% based on the average GNRC price forecast.
Analyzing the GNRC fundamentals
According to Generac Holdings Inc [NYSE:GNRC], the company’s sales were 4.02B for trailing twelve months, which represents an 0.15% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 150.13 points at the first support level, and at 146.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 157.10, and for the 2nd resistance point, it is at 160.27.
Ratios To Look Out For
It is important to note that Generac Holdings Inc [NYSE:GNRC] has a current ratio of 2.29. Further, the Quick Ratio stands at 0.97, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.32, the price to book ratio is 3.93 and price to earnings (TTM) ratio is 42.42.
Transactions by insiders
Recent insider trading involved Jagdfeld Aaron, Chief Executive Officer, that happened on Jul 01 ’24 when 5000.0 shares were sold. EVP, GC, Corp. Secretary, Kanuru Rajendra Kumar completed a deal on Jun 03 ’24 to sell 11790.0 shares. Meanwhile, Chief Executive Officer Jagdfeld Aaron sold 5000.0 shares on Jun 03 ’24.
