Generac (NYSE:GNRC) Releases Quarterly Earnings Results, Beats Estimates By $0.31 EPS

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

Generac Stock Performance

NYSE GNRC opened at $152.98 on Thursday. The firm has a market capitalization of $9.10 billion, a P/E ratio of 31.74, a PEG ratio of 1.44 and a beta of 1.42. Generac has a fifty-two week low of $108.89 and a fifty-two week high of $195.94. The stock has a 50-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.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GNRC. TD Cowen upped their price target on Generac from $172.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Stifel Nicolaus boosted their price objective on Generac from $185.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. The Goldman Sachs Group lifted their price objective on Generac from $148.00 to $193.00 and gave the company a “buy” rating in a report on Friday, November 1st. Robert W. Baird cut their target price on Generac from $172.00 to $171.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, StockNews.com raised shares of Generac from a “hold” rating to a “buy” rating in a research note on Monday, October 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $173.05.

Insider Buying and Selling at Generac

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the company’s 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 owns 565,825 shares of the company’s stock, valued at approximately $82,129,498.75. This represents a 0.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.90% of the company’s stock.

Generac Company Profile

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.