Generac (GNRC) Given Daily Coverage Optimism Score of 0.11

Media headlines about Generac (NYSE:GNRC) have trended somewhat positive on Thursday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Generac earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.6930837974186 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Generac (NYSE:GNRC) opened at $50.55 on Thursday. The firm has a market cap of $3,045.39, a P/E ratio of 26.61, a PEG ratio of 1.58 and a beta of 1.74. The company has a current ratio of 1.77, a quick ratio of 1.01 and a debt-to-equity ratio of 1.92. Generac has a 12-month low of $33.77 and a 12-month high of $53.78.

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

A number of research analysts recently weighed in on GNRC shares. BidaskClub upgraded shares of Generac from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. KeyCorp lifted their price objective on shares of Generac from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, October 20th. Zacks Investment Research cut shares of Generac from a “buy” rating to a “hold” rating in a report on Thursday. TheStreet upgraded shares of Generac from a “c+” rating to a “b-” rating in a research note on Wednesday, September 27th. Finally, Stifel Nicolaus lifted their price target on shares of Generac from $41.00 to $48.00 and gave the stock a “hold” rating in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $52.57.

In other news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the transaction, the chief executive officer now directly owns 1,029,911 shares of the company’s stock, valued at approximately $53,555,372. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Russell S. Minick sold 24,085 shares of Generac stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $50.92, for a total transaction of $1,226,408.20. Following the completion of the transaction, the chief marketing officer now directly owns 39,369 shares in the company, valued at $2,004,669.48. The disclosure for this sale can be found here. Insiders have sold a total of 49,085 shares of company stock valued at $2,467,008 in the last 90 days. Insiders own 3.00% of the company’s stock.

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Generac 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 (NYSE:GNRC)

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