Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Generac Holdings Inc’s stock clocked out at $127.63, down -6.13% from its previous closing price of $135.96. In other words, the price has decreased by -$6.13 from its previous closing price. On the day, 3.33 million shares were traded. GNRC stock price reached its highest trading level at $140.85 during the session, while it also had its lowest trading level at $125.57.
Ratios:
To gain a deeper understanding of GNRC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.59. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.64.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Canaccord Genuity on April 05, 2024, Reiterated its Buy rating but revised its target price to $150 from $140 previously.
On February 15, 2024, TD Cowen reiterated its Outperform rating and also upped its target price recommendation from $165 to $144.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when Jagdfeld Aaron sold 5,000 shares for $126.94 per share. The transaction valued at 634,700 led to the insider holds 592,177 shares of the business.
Jagdfeld Aaron sold 5,000 shares of GNRC for $575,000 on Mar 14 ’24. The Chief Executive Officer now owns 597,177 shares after completing the transaction at $115.00 per share. On Feb 01 ’24, another insider, Jagdfeld Aaron, who serves as the Chief Executive Officer of the company, sold 5,000 shares for $115.22 each. As a result, the insider received 576,100 and left with 577,690 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GNRC now has a Market Capitalization of 7712974336 and an Enterprise Value of 9651953664. As of this moment, Generac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.74, and their Forward P/E ratio for the next fiscal year is 16.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 2.399 whereas that against EBITDA is 17.446.
Stock Price History:
The Beta on a monthly basis for GNRC is 1.40, which has changed by 0.17059529 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, GNRC has reached a high of $156.95, while it has fallen to a 52-week low of $79.86. The 50-Day Moving Average of the stock is 3.57%, while the 200-Day Moving Average is calculated to be 8.53%.
Shares Statistics:
It appears that GNRC traded 1.17M shares on average per day over the past three months and 1666870 shares per day over the past ten days. A total of 60.14M shares are outstanding, with a floating share count of 59.24M. Insiders hold about 1.71% of the company’s shares, while institutions hold 85.08% stake in the company. Shares short for GNRC as of 1713139200 were 3060282 with a Short Ratio of 2.62, compared to 1710460800 on 3721081. Therefore, it implies a Short% of Shares Outstanding of 3060282 and a Short% of Float of 5.8500000000000005.
Earnings Estimates
The current rating of Generac Holdings Inc (GNRC) reflects the combined expertise of 21.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.86 and a low estimate of $0.58, while EPS last year was $0.63. The consensus estimate for the next quarter is $1.27, with high estimates of $1.55 and low estimates of $1.09.
Analysts are recommending an EPS of between $6.71 and $5.56 for the fiscal current year, implying an average EPS of $6.14. EPS for the following year is $7.9, with 23.0 analysts recommending between $9.34 and $5.98.
Revenue Estimates
In the current quarter, 22 analysts expect revenue to total $885.34M. It ranges from a high estimate of $908.04M to a low estimate of $867M. As of the current estimate, Generac Holdings Inc’s year-ago sales were $887.91MFor the next quarter, 22 analysts are estimating revenue of $1.02B. There is a high estimate of $1.06B for the next quarter, whereas the lowest estimate is $971.9M.
A total of 24 analysts have provided revenue estimates for GNRC’s current fiscal year. The highest revenue estimate was $4.26B, while the lowest revenue estimate was $4.08B, resulting in an average revenue estimate of $4.2B. In the same quarter a year ago, actual revenue was $4.02BBased on 23 analysts’ estimates, the company’s revenue will be $4.59B in the next fiscal year. The high estimate is $5.08B and the low estimate is $4.16B.
