Generac Holdlings Inc. (NYSE:GNRC) has been assigned an average rating of “Hold” from the eleven research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $41.40.

Several brokerages have commented on GNRC. BidaskClub upgraded shares of Generac Holdlings from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Generac Holdlings from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Stifel Nicolaus restated a “hold” rating and set a $41.00 target price on shares of Generac Holdlings in a report on Thursday, August 3rd. ValuEngine upgraded shares of Generac Holdlings from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Finally, Wolfe Research began coverage on shares of Generac Holdlings in a report on Tuesday, July 11th. They set a “market perform” rating on the stock.

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Shares of Generac Holdlings (NYSE:GNRC) traded up 0.11% on Friday, reaching $37.39. 399,635 shares of the company were exchanged. The stock has a market capitalization of $2.32 billion, a P/E ratio of 22.34 and a beta of 1.40. Generac Holdlings has a 12 month low of $33.77 and a 12 month high of $44.84. The stock has a 50 day moving average price of $36.58 and a 200-day moving average price of $37.20.

Generac Holdlings (NYSE:GNRC) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. The firm had revenue of $395.40 million for the quarter, compared to the consensus estimate of $383.14 million. Generac Holdlings had a net margin of 7.00% and a return on equity of 46.60%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company posted $0.64 EPS. On average, equities analysts expect that Generac Holdlings will post $2.94 EPS for the current fiscal year.

In other news, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $36.50, for a total transaction of $182,500.00. Following the completion of the transaction, the chief executive officer now directly 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 Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of GNRC. OxFORD Asset Management LLP boosted its position in shares of Generac Holdlings by 170.8% in the second quarter. OxFORD Asset Management LLP now owns 68,918 shares of the technology company’s stock valued at $2,490,000 after buying an additional 43,469 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Generac Holdlings by 3.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,464,989 shares of the technology company’s stock valued at $52,930,000 after buying an additional 48,421 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Generac Holdlings by 10.4% in the second quarter. California Public Employees Retirement System now owns 182,400 shares of the technology company’s stock valued at $6,590,000 after buying an additional 17,200 shares in the last quarter. Shapiro Capital Management LLC acquired a new position in shares of Generac Holdlings during the second quarter valued at $37,696,000. Finally, Lazard Asset Management LLC boosted its position in shares of Generac Holdlings by 55.1% in the second quarter. Lazard Asset Management LLC now owns 928,693 shares of the technology company’s stock valued at $33,553,000 after buying an additional 330,016 shares in the last quarter. 98.64% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Generac Holdlings (NYSE:GNRC)

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