Market Momentum Report: Generac Holdings Inc (GNRC)’s Positive Close at 174.21

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The price of Generac Holdings Inc (NYSE: GNRC) closed at $174.21 in the last session, up 2.34% from day before closing price of $170.22. In other words, the price has increased by $2.34 from its previous closing price. On the day, 0.79 million shares were traded. GNRC stock price reached its highest trading level at $175.59 during the session, while it also had its lowest trading level at $171.0001.

Ratios:

We take a closer look at GNRC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.61.

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, TD Cowen on August 01, 2024, Reiterated its Buy rating but revised its target price to $172 from $144 previously.

On June 13, 2024, Janney Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $126 to $154.

Guggenheim Downgraded its Neutral to Sell on May 30, 2024, while the target price for the stock was maintained at $120.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 04 ’24 when Kanuru Rajendra Kumar bought 3,000 shares for $161.19 per share.

Jagdfeld Aaron sold 5,000 shares of GNRC for $794,650 on Oct 01 ’24. The Chief Executive Officer now owns 562,177 shares after completing the transaction at $158.93 per share. On Oct 01 ’24, another insider, Jagdfeld Aaron, who serves as the Officer of the company, bought 5,000 shares for $158.93 each.

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 10479202304 and an Enterprise Value of 11880048640. As of this moment, Generac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.58, and their Forward P/E ratio for the next fiscal year is 21.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 4.42. Its current Enterprise Value per Revenue stands at 2.954 whereas that against EBITDA is 19.916.

Stock Price History:

Over the past 52 weeks, GNRC has reached a high of $175.86, while it has fallen to a 52-week low of $79.86. The 50-Day Moving Average of the stock is 14.23%, while the 200-Day Moving Average is calculated to be 27.30%.

Shares Statistics:

According to the various share statistics, GNRC traded on average about 883.82K shares per day over the past 3-months and 1076450 shares per day over the past 10 days. A total of 60.14M shares are outstanding, with a floating share count of 59.14M. Insiders hold about 1.68% of the company’s shares, while institutions hold 89.50% stake in the company. Shares short for GNRC as of 1727654400 were 2763139 with a Short Ratio of 3.13, compared to 1724976000 on 2822084. Therefore, it implies a Short% of Shares Outstanding of 2763139 and a Short% of Float of 5.35.

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