GNRC underperforms with a -2.43 decrease in share price

While Generac Holdings Inc has underperformed by -2.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GNRC rose by 64.13%, with highs and lows ranging from $195.94 to $108.89, whereas the simple moving average jumped by 27.03% in the last 200 days.

On November 01, 2024, TD Cowen Reiterated Generac Holdings Inc (NYSE: GNRC) to Buy. A report published by TD Cowen on August 01, 2024, Reiterated its previous ‘Buy’ rating for GNRC. Janney also Downgraded GNRC shares as ‘Neutral’, setting a target price of $154 on the company’s shares in a report dated June 13, 2024. JP Morgan May 23, 2024d its ‘Overweight’ rating to ‘Neutral’ for GNRC, as published in its report on May 23, 2024. Canaccord Genuity also rated the stock as ‘Buy’.

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Analysis of Generac Holdings Inc (GNRC)

Further, the quarter-over-quarter increase in sales is 9.61%, showing a positive trend in the upcoming months.

Generac Holdings Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 12.25% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.96, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can be an extremely valuable indicator of volatility, and GNRC is registering an average volume of 840.06K. On a monthly basis, the volatility of the stock is set at 3.15%, whereas on a weekly basis, it is put at 3.41%, with a loss of -3.98% over the past seven days. Furthermore, long-term investors anticipate a median target price of $176.00, showing decline from the present price of $181.82, which can serve as yet another indication of whether GNRC is worth investing in or should be passed over.

How Do You Analyze Generac Holdings Inc Shares?

A giant in the Specialty Industrial Machinery market, Generac Holdings Inc (GNRC) is based in the USA. When comparing Generac Holdings Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 37.70, there is a growth in quarterly earnings of 94.10%.

Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 88.33% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

GNRC shares are owned by institutional investors to the tune of 88.33% at present.

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