Generac Holdings Inc (NYSE: GNRC) is 44.47% higher on its value in year-to-date trading and has touched a low of $100.23 and a high of $188.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GNRC stock was last observed hovering at around $183.50 in the last trading session, with the day’s gains setting it 3.21%.
Currently trading at $186.71, the stock is 9.45% and 17.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 1.75% at the moment leaves the stock 32.50% off its SMA200. GNRC registered 79.89% gain for a year compared to 6-month gain of 34.17%. The firm has a 50-day simple moving average (SMA 50) of $158.4774 and a 200-day simple moving average (SMA200) of $140.5503.
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The stock witnessed a 8.37% loss in the last 1 month and extending the period to 3 months gives it a 29.36%, and is 12.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.00% over the week and 3.27% over the month.
Generac Holdings Inc (GNRC) has around 8600 employees, a market worth around $11.11B and $4.12B in sales. Current P/E ratio is 38.72 and Fwd P/E is 22.45. Profit margin for the company is 7.09%. Distance from 52-week low is 86.28% and -0.84% from its 52-week high. The company has generated returns on investments over the last 12 months (7.76%).
The EPS is expected to grow by 29.39% this year
934.0 institutions hold shares in Generac Holdings Inc (GNRC), with institutional investors hold 94.28% of the company’s shares. The shares outstanding are 60.14M, and float is at 59.14M with Short Float at 4.64%. Institutions hold 92.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.85 million shares valued at $906.06 million. The investor’s holdings represent 11.4499 of the GNRC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.78 million shares valued at $499.77 million to account for 6.3156 of the shares outstanding. The other top investors are FMR LLC which holds 2.22 million shares representing 3.7059 and valued at over $293.26 million, while STATE STREET CORP holds 3.6509 of the shares totaling 2.19 million with a market value of $288.9 million.
Generac Holdings Inc (GNRC) Insider Activity
Still, SEC filings show that on Nov 01 ’24, Jagdfeld Aaron (Chief Executive Officer) disposed off 5,000 shares at an average price of $166.60 for $0.83 million. The insider now directly holds 557,177 shares of Generac Holdings Inc (GNRC).
