Where can I buy GNRC shares?
Shares of GNRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Is Generac holdings (GNRC) stock worth $348?
Generac Holdings (GNRC) closed at $348.20 in the latest trading session, marking a +0.6% move from the prior day. Today we will run through one way of estimating the intrinsic value of Generac Holdings Inc. ( NYSE:GNRC ) by taking...
What does gnrcu stand for?
GNRCU.S.: NYSE Generac Holdings Inc. WatchlistCreateGNRCAlert GNRCUS After Hours Last Updated: Jan 25, 2022 6:22 p.m. ESTDelayed quote $278.00
Is Generac a good stock to buy?
The company was founded in 1959 and is headquartered in Waukesha, WI. Generac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 16 buy ratings, no hold ratings, and no sell ratings.
Is GNRC a buy right now?
Today GNRC ranks #999 as buy candidate.
Should I buy GNRC stock?
The financial health and growth prospects of GNRC, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Why is GNRC tanking?
The gross profit margin declined as a result of higher input costs related to logistics, labor, raw materials together with escalating plant start-up costs. Total operating expenses were $162.4 million compared with $120.5 million in the prior-year quarter.
Will generac stock go up?
Stock Price Forecast The 18 analysts offering 12-month price forecasts for Generac Holdings Inc have a median target of 375.00, with a high estimate of 561.00 and a low estimate of 282.00. The median estimate represents a +46.54% increase from the last price of 255.91.
Is GNRC overvalued?
Overall, Generac Holdings (NYSE:GNRC, 30-year Financials) stock is estimated to be significantly overvalued. The company's financial condition is fair and its profitability is strong. Its growth ranks better than 80% of the companies in Industrial Products industry.
Is Generac overvalued?
Investment thesis The market price for GNRC had grown by about 92 % over the past 6 months. The current price of USD 437 per share is 78 times its 2020 net income per share. While it had exceptional growth, the market has overpriced GNRC.
Does GNRC pay dividends?
GNRC does not currently pay a dividend.
What is generac stock at right now?
Stock Quote (U.S.: NYSE) | MarketWatch....$ 292.04.CloseChgChg %$292.788.442.97%
What sector is GNRC stock?
Generac Holdings Inc. is a designer and manufacturer of a range of generators and other engine powered products for the residential light commercial industrial and construction markets.
Why are Generac generators out of stock?
Generac executives are hopeful supply-chain constraints will abate by the middle of 2022, he said. The new manufacturing equipment won't come online until 2023 due to long lead times for those items, Jagdfeld said.
What company Generac bought?
Generac Power Systems announced Monday that it has acquired Magnum Products, a leading manufacturer of high-quality light towers and mobile generators.
Why is generac up?
Generac has been seeing strong demand for its residential home standby products in recent years as more people are spending a greater amount of time at home amid the COVID-19 pandemic. Additionally, high profile power outages in some parts of the country have helped fuel demand.
Is Enph stock a buy?
On average, Wall Street analysts predict that ENPHASE ENERGY's share price could reach $222.88 by May 2, 2023. The average ENPHASE ENERGY stock price prediction forecasts a potential upside of 11.15% from the current ENPH share price of $200.51. What is ENPH's Earnings Per Share (EPS) forecast for 2022-2024?
Does generac stock pay a dividend?
GENERAC HOLDINGS Dividends FAQ GENERAC HOLDINGS (NYSE: GNRC) does not pay a dividend.
How do I invest in Generac stock?
How to buy shares in Generac HoldlingsCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Net Income
Revenues
On a GAAP basis, net income in the September quarter was $131.6 million or $1.93 per share compared with $115 million or $1.82 per share in the prior-year quarter.
Other Details
Thanks to the solid demand environment and robust operational execution with an increased backlog, quarterly revenues came in at an all-time high of $942.7 million compared with $701.4 million in the year-ago quarter.
Cash Flow & Liquidity
Costs of goods sold rallied 42.7% year over year to $606.7 million. Gross profit was $336 million, up from $276.1 million with respective margins of 35.6% and 39.4%.
2021 Outlook Updated
In the first nine months of 2021, the company generated $349.4 million of net cash from operating activities compared with $268.3 million in the prior-year period. Supported by a healthy liquidity position, free cash flow for the same period came in at $264.2 million compared with $236.4 million a year ago.
Jim Langevin Stock Portfolio: 10 Stocks To Consider
For 2021, Generac expects revenue growth between 47% and 50% year over year, same as prior guidance. Although the company continues to experience a robust demand environment, rising input costs, higher logistics, and supply chain issues are expected to strain its margins.
Generac sees uptick in home standby generator sales to Russia, Ukraine
In this article, we discuss the 10 stocks to consider in the portfolio of Jim Langevin. If you want to skip our detailed analysis of these stocks, go directly to Jim Langevin Stock Portfolio: 5 Stocks To Consider. Jim Langevin is a politician hailing from Rhode Island. He has been serving as a member of […]
1 Renowned Power Stock to Avoid During the Market Downturn
Generac Power Systems is seeing increased sales of its home standby generators in overseas markets including geopolitical hotspots Russia and Ukraine even as the company boosts production to meet heavy demand in the United States.
About Generac
In this clip from "The Rank" on Motley Fool Live, recorded on Feb. 7, Motley Fool contributor Jason Hall discusses which stock might be the least best performer and could generate below average market returns, even as its addressable market is getting bigger. It's going to have to compete harder to win those deals.
Generac (NYSE:GNRC) Frequently Asked Questions
Generac Holdings, Inc. engages in the design and manufacture of power generation equipment and other power products. It operates through the following segments: Domestic and International. The Domestic segment includes the legacy Generac, and the impact of acquisitions that are based in the United States.
A solid earnings report wasn't enough to hold the stock at its record high level
16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Generac stock. View analyst ratings for Generac or view top-rated stocks.
What happened
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
So what
Leading home backup-generator manufacturer Generac Holdings ( NYSE:GNRC) reported its second-quarter 2021 results today, and there were several areas of good news. But investors still sold off the stock this morning, with shares down as much as 13% early in the session.
Now what
Generac exceeded analyst estimates with sales of $920 million, which was 68% above the prior-year period. Earnings were also above expectations with adjusted net income of $2.39 per share versus $2.35, according to Zack's consensus estimate.
Net Income
- On a GAAP basis, net income in the September quarter was $131.6 million or $1.93 per share compared with $115 million or $1.82 per share in the prior-year quarter. The improvement was primarily attributable to top-line expansion. Quarterly adjusted net income was a record $151.1 million or $2.35 per share compared with $132.9 million or $2.08 per share in the year-ago quart…
Revenues
- Thanks to the solid demand environment and robust operational execution with an increased backlog, quarterly revenues came in at an all-time high of $942.7 million compared with $701.4 million in the year-ago quarter. The 34.4% jump was primarily driven by broad-based growth across Domestic and International segments together with higher demand for Residential and C…
Other Details
- Costs of goods sold rallied 42.7% year over year to $606.7 million. Gross profit was $336 million, up from $276.1 million with respective margins of 35.6% and 39.4%. The gross profit margin declined as a result of higher input costs related to logistics, labor, raw materials together with escalating plant start-up costs. Total operating expenses we...
Cash Flow & Liquidity
- In the first nine months of 2021, the company generated $349.4 million of net cash from operating activities compared with $268.3 million in the prior-year period. Supported by a healthy liquidity position, free cash flow for the same period came in at $264.2 million compared with $236.4 million a year ago. As of Sep 30, 2021, the company had $423.7 million in cash and cash equival…
2021 Outlook Updated
- For 2021, Generac expects revenue growth between 47% and 50% year over year, same as prior guidance. Although the company continues to experience a robust demand environment, rising input costs, higher logistics, and supply chain issues are expected to strain its margins. As a result, net income margin (before deducting for non-controlling interests) is expected to be abou…