Generac Holdings Inc. (NYSE:GNRC) went down by -1.57% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Specialty Industrial Machinery giant went up by $110.72 to trade ended Thursday trading at $112.49. This is down from the $112.49 price recorded on Wednesday’s trading session. Thanks to this latest performance, GNRC is closer to the higher price 52-week target of $125.00 and further from the lowest price target of $100.00. Its performance from the start of the year has also been positive, with GNRC up by 10.07% year-to-date.
Generac Holdings Inc. (GNRC) started the day trading at $111.05 and recorded an intraday high of $114.43. It also recorded an intraday low of $110.3394 during Thursday’s trading session. Generac Holdings Inc. is a very active stock that recorded a trading volume that is less than -13.11% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 646292, which is less than -13.11 of the total average daily trading volume of 731.04K.
Generac Holdings Inc. (NYSE:GNRC) 2020 Performance Impressive
The increase in GNRC’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of GNRC currently stands at $123.19, which is higher than the current trading price of the stock by 10.12%. However, GNRC’s current trading price is -70.81% lower than the 52-week low price of $64.82. In terms of trading volume, Generac Holdings Inc. currently experienced healthy participation during the last trading session. 646292 shares of Generac Holdings Inc. were traded on the stock exchange on Thursday, which is less than -13.11% of the 731.04K average trading volume of the stock.
The performance of the stock has been positive over the past year. GNRC’s performance over the past one year has seen it surge by 68.19%, while the stock has gone up by 9.83% in the last six months. The quarterly performance of GNRC currently stands at 24.97%, and it is up by 0.54% in the last month. The only positive figure was from the weekly performance, which currently reads 3.84%. At the time of writing GNRC’s report, the company has a total market cap of $7.02B, making it one of the largest publicly-traded companies in the world.Generac Holdings Inc. also has over 5412 employees all over the world.
GNRC Insider Activities
The insider transactions over the past six months are up by 6.60%.For Generac Holdings Inc. insiders bought 124,666 shares in 32 transactions. In that same period, insiders sold 93,781 of their shares in 38 transactions. After these transactions, insiders at Generac Holdings Inc. now hold 1.1M shares, which is over 103.49% of the total company stocks. Institutional investors currently hold a large chunk of the GNRC shares, as they control 1.76% of the company’s total stock.
GNRC Fundamental Analysis
For Generac Holdings Inc., the stock’s diluted earnings per share (EPS) stands at 3.99. In the coming year, analysts expect the EPS to be 5.14. The stock’s EPS growth this year is 4.70%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, Generac Holdings Inc.’s quarterly sales (YOY) is growing at 0.81, which is lower than the average annual revenue of 10.00% over the past half a decade.
The Return on Investment (ROI) on Generac Holdings Inc.’s stock currently stands at 15.70%, and it has a net profit margin of 11.40%. The operating margin of the company is 16.40%, and its gross margin is 36.60%.
GNRC Analysts Prediction
and Canaccord Genuity reiterate their Hold position on the stock ($74 and $80).
Analysts at Robert W. Baird believe that GNRC is Outperform, and they have a price target of between $64 and $86. BofA/Merrill and BofA/Merrill also believe that Generac Holdings Inc.’s stock is outperforming at the moment. GNRC received a positive rating from BofA/Merrill, which set a price target of $75-$83 for the stock.
At the moment, Generac Holdings Inc.’s Total Debt to Equity ratio stands at 0.87, and they have a long-term Debt to Equity ratio of 0.82.
GNRC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of GNRC currently stands at -2.00%, while the SMA50 is 5.60%. The biggest one is the SMA200, which is currently reading 13.35% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 52.12, while its price to earnings ratio (P/E) is 27.76.