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After finishing at $129.10 in the prior trading day, Generac Holdings Inc (NYSE: GNRC) closed at $130.25, up 0.89%. In other words, the price has increased by $0.89 from its previous closing price. On the day, 1.04 million shares were traded. GNRC stock price reached its highest trading level at $130.77 during the session, while it also had its lowest trading level at $127.75.
Ratios:
Our goal is to gain a better understanding of GNRC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.99. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 7850076160 and an Enterprise Value of 9307815936. As of this moment, Generac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.54, and their Forward P/E ratio for the next fiscal year is 16.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 2.314 whereas that against EBITDA is 16.824.
Stock Price History:
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 8.01%, while the 200-Day Moving Average is calculated to be 10.40%.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 1176530 shares per day over the last 10 days, according to various share statistics. 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 85.30% stake in the company. Shares short for GNRC as of 1711584000 were 3482656 with a Short Ratio of 3.28, compared to 1709164800 on 3612830. Therefore, it implies a Short% of Shares Outstanding of 3482656 and a Short% of Float of 6.6599995.
Earnings Estimates
Generac Holdings Inc (GNRC) is currently under the scrutiny of Generac Holdlings Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $33.32, with high estimates of $57.68 and low estimates of $36.01.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
