Generac Holdings Stock Today

GNRC Stock  USD 126.14  1.55  1.24%   

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Generac Holdings is trading at 126.14 as of the 29th of March 2024, a 1.24% increase since the beginning of the trading day. The stock's open price was 124.59. Generac Holdings has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Generac Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
11th of February 2010
Category
Industrials
Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin. The company has 60.27 M outstanding shares of which 3.72 M shares are currently shorted by private and institutional investors with about 3.74 trading days to cover. More on Generac Holdings

Moving against Generac Stock

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  0.43MUEL Paul MuellerPairCorr

Generac Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Generac Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Generac Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanAaron Jagdfeld
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationElectrical Components & Equipment, Specialty Industrial Machinery, Industrials, NYSE Composite, SP 500 Index, Electrical Equipment, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Generac Holdings report their recommendations after researching Generac Holdings' financial statements, talking to executives and customers, or listening in on Generac Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Generac Holdings. The Generac consensus assessment is calculated by taking the average forecast from all of the analysts covering Generac Holdings.
Generac Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Generac Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Generac Holdings' financial leverage. It provides some insight into what part of Generac Holdings' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Generac Holdings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Generac Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Generac Holdings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.58 B in liabilities with Debt to Equity (D/E) ratio of 0.62, which is about average as compared to similar companies. Generac Holdings has a current ratio of 2.05, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Generac Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Generac Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Generac Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Generac to invest in growth at high rates of return. When we think about Generac Holdings' use of debt, we should always consider it together with cash and equity.

Change To Inventory

275.8 Million
Generac Holdings (GNRC) is traded on New York Stock Exchange in USA. It is located in S45 W29290 Highway 59, Waukesha, WI, United States, 53189 and employs 8,315 people. Generac Holdings is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Generac Holdings's market, we take the total number of its shares issued and multiply it by Generac Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Generac Holdings conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 60.27 M outstanding shares of which 3.72 M shares are currently shorted by private and institutional investors with about 3.74 trading days to cover. Generac Holdings currently holds about 235.43 M in cash with 521.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.72.
Check Generac Holdings Probability Of Bankruptcy
Ownership Allocation
Generac Holdings secures a total of 60.27 Million outstanding shares. The majority of Generac Holdings outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Generac Holdings to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Generac Holdings. Please pay attention to any change in the institutional holdings of Generac Holdings as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Generac Ownership Details

Generac Stock Price Odds Analysis

What are Generac Holdings' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Generac Holdings jumping above the current price in 90 days from now is about 8.76%. The Generac Holdings probability density function shows the probability of Generac Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.5529. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Generac Holdings will likely underperform. Additionally, generac Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 126.14HorizonTargetOdds Above 126.14
91.14%90 days
 126.14 
8.76%
Based on a normal probability distribution, the odds of Generac Holdings to move above the current price in 90 days from now is about 8.76 (This Generac Holdings probability density function shows the probability of Generac Stock to fall within a particular range of prices over 90 days) .

Generac Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Generac Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Generac Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Generac Holdings' value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
891.4 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2023-12-31
788.9 K
Royal Bank Of Canada2023-12-31
673.8 K
Charles Schwab Investment Management Inc2023-12-31
665.6 K
Dimensional Fund Advisors, Inc.2023-12-31
610.1 K
Jpmorgan Chase & Co2023-12-31
598.2 K
Goldman Sachs Group Inc2023-12-31
592.8 K
Northern Trust Corp2023-12-31
591.4 K
King Luther Capital Management Corp2023-12-31
538.1 K
Vanguard Group Inc2023-12-31
6.9 M
Blackrock Inc2023-12-31
3.7 M
View Generac Holdings Diagnostics

Generac Holdings Historical Income Statement

Generac Holdings Income Statement is one of the three primary financial statements used for reporting Generac's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Generac Holdings revenue and expense. Generac Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Generac Holdings' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 265.6 M, whereas Gross Profit is forecasted to decline to about 705.2 M. View More Fundamentals

Generac Stock Against Markets

Picking the right benchmark for Generac Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Generac Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Generac Holdings is critical whether you are bullish or bearish towards Generac Holdings at a given time. Please also check how Generac Holdings' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Generac Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Generac Holdings Corporate Directors

Generac Holdings corporate directors refer to members of a Generac Holdings board of directors. The board of directors generally takes responsibility for the Generac Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Generac Holdings' board members must vote for the resolution. The Generac Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John BowlinIndependent DirectorProfile
Robert DixonIndependent DirectorProfile
Andrew LampereurIndependent DirectorProfile
William JenkinsIndependent DirectorProfile

How to buy Generac Stock?

Before investing in Generac Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Generac Holdings. To buy Generac Holdings stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Generac Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Generac Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Generac Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Generac Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Generac Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Generac Stock please use our How to Invest in Generac Holdings guide.

Already Invested in Generac Holdings?

The danger of trading Generac Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Generac Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Generac Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Generac Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Generac Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Generac Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Generac Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Generac Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generac Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Generac Stock refer to our How to Trade Generac Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Generac Holdings' price analysis, check to measure Generac Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Generac Holdings is operating at the current time. Most of Generac Holdings' value examination focuses on studying past and present price action to predict the probability of Generac Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generac Holdings' price. Additionally, you may evaluate how the addition of Generac Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Generac Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Generac Holdings. If investors know Generac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Generac Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.894
Earnings Share
3.26
Revenue Per Share
65.66
Quarterly Revenue Growth
0.014
Return On Assets
0.0471
The market value of Generac Holdings is measured differently than its book value, which is the value of Generac that is recorded on the company's balance sheet. Investors also form their own opinion of Generac Holdings' value that differs from its market value or its book value, called intrinsic value, which is Generac Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Generac Holdings' market value can be influenced by many factors that don't directly affect Generac Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Generac Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Generac Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Generac Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.