Media headlines about Generac Holdlings (NYSE:GNRC) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Generac Holdlings earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.6189723421435 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Cornercap Investment Counsel Increased J M Smucker Co New (SJM) Holding By $893,440; Generac Holdings (GNRC) Sentiment Is 1.16 (whatsonthorold.com)
- IHS Markit Score Update: Rise in demand for ETFs holding Generac Holdings Inc is a positive for its shares (finance.yahoo.com)
- IHS Markit Score Update: Drop in demand for ETFs holding Generac Holdings Inc is a negative sign for its shares (finance.yahoo.com)
- Norges Bank Bought A Lot More Generac Holdlings Inc. (GNRC) Stock Last Quarter – First News 24 (firstnewspaper24.com)
Generac Holdlings (NYSE GNRC) traded up 0.11% during trading on Friday, hitting $37.39. The company had a trading volume of 399,635 shares. The stock has a 50-day moving average of $36.58 and a 200 day moving average of $37.20. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 22.34 and a beta of 1.40. Generac Holdlings has a one year low of $33.77 and a one year high of $44.84.
Generac Holdlings (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.05. The business had revenue of $395.40 million for the quarter, compared to the consensus estimate of $383.14 million. Generac Holdlings had a return on equity of 46.60% and a net margin of 7.00%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 earnings per share. Equities analysts forecast that Generac Holdlings will post $2.94 EPS for the current fiscal year.
GNRC has been the topic of several recent research reports. ValuEngine raised Generac Holdlings from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. TheStreet lowered Generac Holdlings from a “b” rating to a “c+” rating in a report on Thursday, April 27th. BidaskClub raised Generac Holdlings from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Canaccord Genuity reissued a “hold” rating and set a $40.00 price objective on shares of Generac Holdlings in a report on Friday, April 21st. Finally, Zacks Investment Research raised Generac Holdlings from a “sell” rating to a “hold” rating in a report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $41.83.
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In other Generac Holdlings news, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $36.50, for a total value of $182,500.00. Following the sale, the chief executive officer now owns 1,049,911 shares of the company’s stock, valued at approximately $38,321,751.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 3.00% of the company’s stock.
Generac Holdlings 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.
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