Generac Holdings Inc. (GNRC)
136.99 USD -7.83 (-5.41%) Volume: 2.73M
Generac Holdings Inc.’s stock price stands at 136.99 USD, witnessing a trading session dip of -5.41% with a trading volume of 2.73M, and a year-to-date (YTD) decrease of -6.60%, reflecting its current market performance.
Latest developments on Generac Holdings Inc.
Generac Holdings Inc. (NYSE:GNRC) stock has been underperforming the industrial sector recently, with a 3.7% decrease in stock price. Compared to its competitors, Generac Holdings Inc. is lagging behind, raising concerns about its performance against industry benchmarks. The company, banking on AI demand, is facing challenges as its stock falls 3.4% over the past week due to a three-year decline in earnings. Investors are closely watching MACD trends to gauge the future movement of Generac Holdings Inc. (G84) stock, making it a safe-and-steady stock to target this week amidst others to avoid.
Generac Holdings Inc. on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are closely following Generac Holdings‘ capacity expansion plan. In their report titled “Generac Holdingsβ Capacity Expansion Plan β Smart Move or Risky Bet on Future Demand?”, they highlight the company’s impressive second-quarter earnings of $1.06 billion, showing a 6% increase from the previous year. The growth was attributed to higher sales in commercial and industrial products as well as residential energy storage systems. Residential product sales also saw a 7% increase, driven by the growing demand for residential energy technology solutions and portable generators.
A look at Generac Holdings Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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 scores well in areas such as value, growth, resilience, and momentum, all receiving a score of 3. This indicates a positive outlook for Generac Holdings in the long term, suggesting that the company is well-positioned to continue its success in the industry.
Despite its overall positive outlook, Generac Holdings scores lower in the dividend category with a score of 1. This may be a consideration for investors looking for companies that offer higher dividend payouts. Overall, Generac Holdings is a strong player in the generator manufacturing industry, serving a wide range of markets including residential, commercial, industrial, and telecommunications sectors.
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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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