Stock of Generac Holdings Inc (GNRC) performance and profitability takes another direction

At the time of writing, Generac Holdings Inc [GNRC] stock is trading at $152.06, down -1.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GNRC shares have gain 5.71% over the last week, with a monthly amount drifted -4.83%, and not 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 August 01, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $172 from $144. Previously, Janney downgraded its rating to Neutral on June 13, 2024, and elevated its price target to $154. On May 30, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $120 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $149 on May 23, 2024. Oppenheimer downgraded its rating to a Perform. Canaccord Genuity reiterated a Buy rating for this stock on April 05, 2024, and upped its price target to $150. In a note dated February 15, 2024, TD Cowen reiterated an Outperform rating on this stock and revised its target price from $165 to $144.

For the past year, the stock price of Generac Holdings Inc fluctuated between $79.86 and $169.57. Currently, Wall Street analysts expect the stock to reach $292.93 within the next 12 months. Generac Holdings Inc [NYSE: GNRC] shares were valued at $152.06 at the most recent close of the market. An investor can expect a potential return of 92.64% 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 -0.22% plunge. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.11%, 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 0.05, Equity is 0.1 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.

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 150.56 points at the first support level, and at 149.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 155.01, and for the 2nd resistance point, it is at 157.97.

Ratios To Look Out For

It is important to note that Generac Holdings Inc [NYSE:GNRC] has a current ratio of 2.25. Also, the Quick Ratio is 0.99, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 2.27, the price to book ratio is 3.86 and price to earnings (TTM) ratio is 38.91.

Transactions by insiders

Recent insider trading involved Jagdfeld Aaron, Chief Executive Officer, that happened on Aug 01 ’24 when 5000.0 shares were sold. Officer, Jagdfeld Aaron completed a deal on Aug 01 ’24 to buy 5000.0 shares. Meanwhile, Chief Executive Officer Jagdfeld Aaron sold 5000.0 shares on Jul 01 ’24.

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