Generac Holdlings (GNRC) Getting Somewhat Favorable Press Coverage, Analysis Finds

News headlines about Generac Holdlings (NYSE:GNRC) have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Generac Holdlings earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.7970020521907 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several analysts recently weighed in on the company. TheStreet upgraded Generac Holdlings from a “c+” rating to a “b-” rating in a research note on Wednesday, September 27th. BidaskClub upgraded Generac Holdlings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Zacks Investment Research upgraded Generac Holdlings from a “sell” rating to a “hold” rating in a research note on Monday, August 7th. Wolfe Research downgraded Generac Holdlings from a “market perform” rating to an “underperform” rating in a research note on Monday, November 20th. Finally, KeyCorp upgraded Generac Holdlings from a “sector weight” rating to an “overweight” rating and set a $55.00 target price for the company in a research note on Monday, October 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $53.00.

Shares of Generac Holdlings (GNRC) opened at $48.73 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.77 and a debt-to-equity ratio of 1.92. Generac Holdlings has a 52-week low of $33.77 and a 52-week high of $53.78. The company has a market capitalization of $3,030.00, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 1.68 and a beta of 1.67.

Generac Holdlings (NYSE:GNRC) last announced its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.04. Generac Holdlings had a return on equity of 46.06% and a net margin of 7.47%. The company had revenue of $457.25 million during the quarter, compared to the consensus estimate of $420.42 million. During the same quarter last year, the company earned $0.82 EPS. The company’s quarterly revenue was up 22.5% on a year-over-year basis. sell-side analysts expect that Generac Holdlings will post 3.22 earnings per share for the current fiscal year.

In other news, CMO Russell S. Minick sold 24,085 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $50.92, for a total value 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 approximately $2,004,669.48. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of 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 sold a total of 34,085 shares of company stock valued at $1,725,208 in the last quarter. Corporate insiders own 3.00% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Generac Holdlings (GNRC) Getting Somewhat Favorable Press Coverage, Analysis Finds” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/12/04/generac-holdlings-gnrc-getting-somewhat-favorable-press-coverage-analysis-finds.html.

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.

Insider Buying and Selling by Quarter for Generac Holdlings (NYSE:GNRC)

What are top analysts saying about Generac Holdlings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Generac Holdlings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit