News articles about Generac Holdlings (NYSE:GNRC) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Generac Holdlings earned a news impact score of 0.15 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.8663882454278 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Generac Holdlings Inc. (GNRC) Rating Lowered to Buy at ValuEngine (americanbankingnews.com)
- Insider Selling: Generac Holdings Inc. (GNRC) CMO Sells 24,085 Shares of Stock (americanbankingnews.com)
- Generac Holdlings Inc. (GNRC) Upgraded to Strong-Buy at Zacks Investment Research (americanbankingnews.com)
- Generac Holdlings Inc. (GNRC) Earns “Hold” Rating from SunTrust Banks, Inc. (americanbankingnews.com)
- Generac Holdlings Inc. (GNRC) CEO Aaron Jagdfeld Sells 5,000 Shares (americanbankingnews.com)
Shares of Generac Holdlings (GNRC) traded up $0.58 during trading on Friday, reaching $49.49. The company had a trading volume of 180,226 shares, compared to its average volume of 462,028. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.03 and a current ratio of 1.77. The company has a market capitalization of $3,064.66, a price-to-earnings ratio of 15.65, a P/E/G ratio of 1.70 and a beta of 1.79. Generac Holdlings has a 1 year low of $33.77 and a 1 year high of $53.78.
Generac Holdlings (NYSE:GNRC) last announced its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.93 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The firm had revenue of $457.25 million during the quarter, compared to analyst estimates of $420.42 million. Generac Holdlings had a return on equity of 46.06% and a net margin of 7.47%. Generac Holdlings’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.82 earnings per share. equities analysts anticipate that Generac Holdlings will post 3.22 EPS for the current year.
Several research analysts recently commented on GNRC shares. BidaskClub upgraded Generac Holdlings from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research upgraded Generac Holdlings from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Wednesday, October 11th. Bank of America Corporation upgraded Generac Holdlings from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $34.00 to $45.00 in a research note on Thursday, September 7th. Canaccord Genuity reissued a “hold” rating and issued a $42.00 price objective (up from $40.00) on shares of Generac Holdlings in a report on Friday, September 8th. Finally, KeyCorp boosted their price objective on Generac Holdlings from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, October 20th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $53.00.
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In other news, CMO Russell S. Minick sold 24,085 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $50.92, for a total transaction of $1,226,408.20. Following the completion of the transaction, the chief marketing officer now directly owns 39,369 shares of the company’s stock, valued at $2,004,669.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Aaron Jagdfeld sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the transaction, the chief executive officer now directly owns 1,029,911 shares of the company’s stock, valued at $53,555,372. The disclosure for this sale can be found here. Insiders have sold 39,085 shares of company stock valued at $1,927,408 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.
Generac Holdlings Company Profile
Generac Holdings Inc (Generac) is a designer and manufacturer of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its segments include Domestic and International. The Domestic segment includes the Generac business.
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