Generac Holdings Inc.’s stock price dips to $137.30, marking a 2.01% decline: A comprehensive overview

Generac Holdings Inc. (GNRC)

137.30 USD -2.82 (-2.01%) Volume: 2.11M

Generac Holdings Inc.’s stock price stands at 137.30 USD, experiencing a slight dip of -2.01% in this trading session, with a trading volume of 2.11M. Despite this, the company’s stock has shown resilience with a positive year-to-date change of +6.24%.

Latest developments on Generac Holdings Inc.

Generac Holdings (NYSE:GNRC), a renowned player in the power generation and energy technology sector, has been making notable strides, as reflected in its stock price movements today. This comes in anticipation of the company’s Q1 earnings, with Wall Street keenly watching key metrics that could impact the stock’s performance. The recent acquisition of Generac shares by abrdn plc further highlights the company’s strong market position. In addition to its financial performance, Generac has also shown commitment towards sustainability, evident from its 2023 Environmental, Social, and Governance report.

A look at Generac Holdings Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Generac Holdings, Inc. manufactures a variety of generators for different markets. According to Smartkarma Smart Scores, the company has a mixed outlook. While it scores well in terms of growth and momentum, its value and resilience scores are average. However, its dividend score is low, indicating that it may not be a top choice for income-seeking investors.

Looking ahead, Generac Holdings may benefit from its strong momentum and growth prospects. The company’s focus on serving various markets with its generators could drive future expansion. However, investors should consider the company’s lower resilience score and the lack of a high dividend yield when making investment decisions.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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