Zacks Rating on Generac Holdlings (GNRC)

Generac Holdlings (GNRC) : 8 analysts are covering Generac Holdlings (GNRC) and their average rating on the stock is 2.25, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Generac Holdlings (GNRC) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $42 and the lowest price target forecast is $35. The average forecast of all the analysts is $38.25 and the expected standard deviation is $2.99.


Shares of Generac Holdings Inc. appreciated by 0.65% during the last five trading days but lost 1.49% on a 4-week basis. Generac Holdings Inc. has dropped 1.75% during the last 3-month period . Year-to-Date the stock performance stands at 24.72%. Generac Holdlings (NYSE:GNRC): stock turned positive on Tuesday. Though the stock opened at $36.93, the bulls momentum made the stock top out at $37.35 level for the day. The stock recorded a low of $36.78 and closed the trading day at $37.13, in the green by 1.03%. The total traded volume for the day was 626,940. The stock had closed at $36.75 in the previous days trading.

Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its other engine powered products that it designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of power washers for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers, including telecommunication, retail, banking, convenience stores, grocery stores and other light commercial applications. Its products include residential products, commercial and industrial (C&I) products, and other products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.