Today Generac Holdings Inc. (GNRC) Stock Rises

September 17, 2017 - By Peter Erickson

Investors sentiment decreased to 1.16 in 2016 Q4. Its down 0.04, from 1.2 in 2016Q3. It is negative, as 23 investors sold Generac Holdings Inc. shares while 67 reduced holdings. 42 funds opened positions while 62 raised stakes. 62.60 million shares or 3.56% less from 64.91 million shares in 2016Q3 were reported.
Pacad Invest Limited accumulated 4,100 shares. Dimensional Fund Advsrs Lp stated it has 0.03% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Teacher Retirement Systems Of Texas accumulated 5,230 shares. Principal Fincl reported 13,290 shares. Aqr Limited Liability Co owns 0% invested in Generac Holdings Inc. (NYSE:GNRC) for 19,891 shares. Prudential Fincl has 0.01% invested in Generac Holdings Inc. (NYSE:GNRC). D E Shaw Inc has invested 0% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Northern reported 842,605 shares stake. Brinker Cap stated it has 6,058 shares or 0.01% of all its holdings. Associated Banc has invested 0.04% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). 86,600 were reported by Products Partners Ltd Com. Swiss Savings Bank holds 109,000 shares. Next Fincl reported 418 shares or 0% of all its holdings. Ws Mngmt Lllp invested in 2.78% or 1.68 million shares. Prelude Mgmt Ltd Liability Corp has 0% invested in Generac Holdings Inc. (NYSE:GNRC) for 600 shares.

The stock of Generac Holdings Inc. (NYSE:GNRC) is a huge mover today! The stock increased 4.91% or $2.12 on September 15, reaching $45.28. About 2.01 million shares traded or 168.49% up from the average. Generac Holdings Inc. (NYSE:GNRC) has risen 0.51% since September 17, 2016 and is uptrending. It has underperformed by 16.19% the S&P500.
The move comes after 5 months positive chart setup for the $2.81B company. It was reported on Sep, 17 by Barchart.com. We have $47.54 PT which if reached, will make NYSE:GNRC worth $140.50 million more.

Analysts await Generac Holdings Inc. (NYSE:GNRC) to report earnings on October, 25. They expect $0.86 EPS, up 4.88 % or $0.04 from last year’s $0.82 per share. GNRC’s profit will be $53.37 million for 13.16 P/E if the $0.86 EPS becomes a reality. After $0.69 actual EPS reported by Generac Holdings Inc. for the previous quarter, Wall Street now forecasts 24.64 % EPS growth.

Generac Holdings Inc. (NYSE:GNRC) Ratings Coverage

Among 9 analysts covering Generac Holdings (NYSE:GNRC), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 11% are positive. Generac Holdings had 20 analyst reports since August 7, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Generac Holdings Inc. (NYSE:GNRC) rating on Thursday, August 3. Stifel Nicolaus has “Hold” rating and $4100 target. KeyBanc Capital Markets downgraded Generac Holdings Inc. (NYSE:GNRC) on Wednesday, April 5 to “Sector Weight” rating. The stock has “Neutral” rating by Suntrust Robinson on Tuesday, November 3. The firm has “Hold” rating by Stifel Nicolaus given on Friday, September 8. The firm earned “Underperform” rating on Friday, January 13 by Bank of America. The firm earned “Hold” rating on Friday, September 8 by Canaccord Genuity. Bank of America upgraded the shares of GNRC in report on Monday, March 14 to “Buy” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Friday, September 8 report. Canaccord Genuity maintained Generac Holdings Inc. (NYSE:GNRC) rating on Monday, July 31. Canaccord Genuity has “Hold” rating and $4000 target. Bank of America upgraded the stock to “Neutral” rating in Thursday, October 29 report.

More notable recent Generac Holdings Inc. (NYSE:GNRC) news were published by: Nasdaq.com which released: “Generac Holdings Breaks Above 200-Day Moving Average – Bullish for GNRC” on August 25, 2017, also Globenewswire.com with their article: “Generac Announces Webcast of Upcoming 2017 Investor Day” published on August 29, 2017, Seekingalpha.com published: “Generac Holdings (GNRC) Q2 2017 Results – Earnings Call Transcript” on August 02, 2017. More interesting news about Generac Holdings Inc. (NYSE:GNRC) were released by: Seekingalpha.com and their article: “Generac Holdings (GNRC) Q1 2017 Results – Earnings Call Transcript” published on April 27, 2017 as well as Benzinga.com‘s news article titled: “Searching For Value In Generac Shares In The Wake Of Hurricane Irma” with publication date: September 12, 2017.

Generac Holdings Inc. is a designer and maker of power generation equipment and other engine powered products. The company has market cap of $2.81 billion. The Firm serves the residential, light commercial, industrial, gas and oil, and construction markets. It has a 26.9 P/E ratio. The Company’s divisions include Domestic and International.

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