Generac Holdings Inc. (GNRC)

NYSE: GNRC · IEX Real-Time Price · USD
159.43
+6.65 (4.35%)
At close: Jul 26, 2024, 4:00 PM
159.21
-0.22 (-0.14%)
After-hours: Jul 26, 2024, 7:20 PM EDT
4.35%
Market Cap 9.66B
Revenue (ttm) 4.02B
Net Income (ttm) 228.41M
Shares Out 60.61M
EPS (ttm) 3.61
PE Ratio 44.16
Forward PE 24.16
Dividend n/a
Ex-Dividend Date n/a
Volume 706,647
Open 156.33
Previous Close 152.78
Day's Range 154.40 - 160.14
52-Week Range 79.86 - 161.80
Beta 1.37
Analysts Buy
Price Target 142.81 (-10.42%)
Earnings Date Jul 31, 2024

About GNRC

Generac Holdings Inc. designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such a... [Read more]

Sector Industrials
IPO Date Feb 11, 2010
Employees 8,600
Stock Exchange NYSE
Ticker Symbol GNRC
Full Company Profile

Financial Performance

In 2023, GNRC's revenue was $4.02 billion, a decrease of -11.88% compared to the previous year's $4.56 billion. Earnings were $203.09 million, a decrease of -42.02%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for GNRC stock is "Buy." The 12-month stock price forecast is $142.81, which is a decrease of -10.42% from the latest price.

Price Target
$142.81
(-10.42% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Generac and Metropolitan Builders Association of Greater Milwaukee to Host National Association of Home Builders Chief Economist Dr. Robert Dietz for Exclusive Housing Market Forecast Event on July 31, 2024

WAUKESHA, Wis. , July 23, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, in coll...

3 days ago - PRNewsWire

The Semiconductor Trade is Over

Tech saw heavy selling last week, but the pullback will likely be short-term, notes Ross Givens. He believes the semiconductor trade is over with AMD, ASML, and INTC all getting killed. Givens then de...

Other symbols: AGIKKR
4 days ago - Schwab Network

Generac Receives Up To $200 Million Award from U.S. Department of Energy to Supply Renewable Power to Puerto Rico's Most Vulnerable Residents

Local companies to provide solar/battery storage installations in low-income communities hit hardest by long and frequent outages WAUKESHA, Wis. , July 17, 2024 /PRNewswire/ -- Generac Power Systems (...

9 days ago - PRNewsWire

Generac Announces Second Quarter 2024 Earnings Release Date and Conference Call

WAUKESHA, Wis., July 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, to...

9 days ago - GlobeNewsWire

Generac Expands Energy System Offerings with Level 2 EV Charger

Advanced EV Charging Solution Supports Growing U.S. Market WAUKESHA, Wis. , July 15, 2024 /PRNewswire/ -- Generac Power Systems Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider ...

11 days ago - PRNewsWire

Solar stocks shine after inflation reading bolsters rate-cut hopes

Solar stocks were sharply higher on Thursday, buoyed by a cooler-than-expected inflation reading that bolstered hopes the Federal Reserve will start lowering interest rates sooner rather than later.

15 days ago - Market Watch

Generac Expands Energy Storage Solutions with Acquisition

Strategic move strengthens Generac's position in commercial and industrial battery energy storage systems market WAUKESHA, Wis. , June 27, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a le...

4 weeks ago - PRNewsWire

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Other symbols: CARRDISEPCHDLIILOWSIX
5 weeks ago - Benzinga

Generac, Next Era Energy Partners downgraded as analyst favors Hannon Armstrong

JPMorgan analyst Mark Strouse on Thursday downgraded Generac Holdings Inc. to neutral and cut Next Era Energy Partners to underweight as he sifted through first-quarter results from 11 clean energy co...

Other symbols: HASI
2 months ago - Market Watch

Mean Green Introduces the World's Largest Electric Zero-Turn Mower

All-new EVO 96 wide-area electric mower is ideal for expansive properties. WAUKESHA, Wis.

2 months ago - PRNewsWire

Generac Expands Responsibilities of Shree Dandekar to Lead Corporate Engineering and Product Management

WAUKESHA, Wis. , May 13, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today an...

2 months ago - PRNewsWire

Generac Stock Is Rising. Earnings and Sales Beat Estimates.

Standby-generator maker Generac reported first-quarter numbers that topped Wall Street's views. It's a relief for investors.

3 months ago - Barrons

Generac Reports First Quarter 2024 Results

Continued margin expansion and cash flow generation demonstrate strong operational execution; maintaining overall net sales and adjusted EBITDA margin outlook for full-year 2024 Continued margin expan...

3 months ago - GlobeNewsWire

Generac Issues 2023 Environmental, Social, and Governance Report

WAUKESHA, Wis. ,  April 29, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today...

3 months ago - PRNewsWire

Generac Announces First Quarter 2024 Earnings Release Date and Conference Call

WAUKESHA, Wisc., April 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, ...

3 months ago - GlobeNewsWire

AI, EVs could put demand strains on energy grid, Generac CEO says

Generator manufacturer Generac (GNRC) could stand to benefit from a hurricane season experts expect to be incredibly volatile compared to a 30-year average. Generac stock is up nearly 33% over the pas...

3 months ago - Yahoo Finance

Generac Appoints Jennifer Anderson as Executive Vice President of Global Corporate Strategy & Development

WAUKESHA, Wis. , April 1, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today a...

4 months ago - PRNewsWire

Generac's Elizabeth Anderson recognized by the Manufacturing Institute for 2024 Women MAKE Awards

WAUKESHA, Wis. , March 20, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today a...

4 months ago - PRNewsWire

SWK, GNRC: Stocks to Watch & Inflation Data

Stanley Black & Decker (SWK) is down 55% off Covid highs, as it over inventoried when it couldn't get parts, notes Thomas J. Hayes. He discusses takeaways from today's inflation data, as well as the l...

Other symbols: SWK
4 months ago - Schwab Network

Generac Appoints Talal Butt as Chief Information Officer

IT veteran leads new era of innovation at Generac WAUKESHA, Wis. , March 4, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy tech...

5 months ago - PRNewsWire

Smarter Grid Solutions and Generac Grid Services Collaboration

EDINBURGH, Scotland--(BUSINESS WIRE)--Smarter Grid Solutions (SGS), a Mitsubishi Electric group company, is excited to announce its collaboration with Generac Grid Services (GGS) to offer the most com...

5 months ago - Business Wire

Generac's Profit and Outlook Hurt by Slowing Commercial Sales

Generac Holdings (GNRC), the maker of generators and other electric power products, rerported earnings that missed analysts' expectations and gave weaker-than-anticipated guidance as commercial demand...

5 months ago - Investopedia

Generac Stock Falls After Earnings. There Is Growth but Just Not Enough.

Generac's outlook for 2024 misses analysts' projections.

5 months ago - Barrons

Generac's stock drops as residential-generator sales miss, outlook disappoints

Shares of Generac Holdings Inc. took a hit Wednesday, after the home-generator maker reported fourth-quarter results that came up short of expectations and provided a downbeat outlook, citing weakness...

5 months ago - Market Watch

Generac Reports Fourth Quarter and Full-Year 2023 Results

Continued strong margin expansion and all-time record free cash flow generation in the fourth quarter; 2024 outlook anticipates a return to net sales growth led by Residential products Continued stron...

5 months ago - GlobeNewsWire