Generac (NYSE:GNRC) Announces Earnings Results

Generac (NYSE:GNRC) released its earnings results on Wednesday. The technology company reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.31, Zacks reports. Generac had a return on equity of 16.70% and a net margin of 7.17%. Generac updated its FY 2025 guidance to EPS.

Generac Trading Down 0.5 %

GNRC traded down $0.80 on Friday, hitting $146.03. 236,482 shares of the company were exchanged, compared to its average volume of 852,739. The firm has a fifty day simple moving average of $157.62 and a two-hundred day simple moving average of $160.69. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03. Generac has a 12 month low of $108.89 and a 12 month high of $195.94. The stock has a market capitalization of $8.69 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 1.44 and a beta of 1.42.

Analysts Set New Price Targets

A number of research firms have issued reports on GNRC. UBS Group lifted their target price on Generac from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. Stifel Nicolaus reduced their price target on Generac from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday. StockNews.com upgraded Generac from a “hold” rating to a “buy” rating in a report on Monday, October 28th. Barclays started coverage on Generac in a report on Wednesday, December 4th. They issued an “equal weight” rating and a $189.00 target price on the stock. Finally, Citigroup lowered their target price on Generac from $172.00 to $162.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, Generac has a consensus rating of “Moderate Buy” and a consensus target price of $174.00.

Insider Buying and Selling

In other news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $145.15, for a total value of $725,750.00. Following the sale, the chief executive officer now directly owns 565,825 shares in the company, valued at approximately $82,129,498.75. This trade represents a 0.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.90% of the stock is owned by corporate insiders.

About Generac

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 as smart thermostats and a suite of home monitoring products.