Generac (NYSE:GNRC) Releases Earnings Results, Beats Expectations By $0.31 EPS

Generac (NYSE:GNRC) released its earnings results on Wednesday. The technology company reported $2.80 earnings per share for the quarter, topping analysts’ consensus estimates of $2.49 by $0.31, Zacks reports. Generac had a net margin of 7.17% and a return on equity of 16.70%. Generac updated its FY 2025 guidance to EPS.

Generac Stock Performance

Shares of GNRC stock traded up $10.61 during mid-day trading on Wednesday, reaching $152.35. 1,131,623 shares of the company’s stock traded hands, compared to its average volume of 791,388. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03. The firm has a market capitalization of $9.06 billion, a PE ratio of 31.46, a price-to-earnings-growth ratio of 1.44 and a beta of 1.42. Generac has a 12 month low of $108.89 and a 12 month high of $195.94. The firm has a 50 day moving average price of $159.13 and a two-hundred day moving average price of $160.88.

Insider Buying and Selling

In related news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $145.15, for a total value of $725,750.00. Following the completion of the sale, the chief executive officer now directly owns 565,825 shares of the company’s stock, valued at approximately $82,129,498.75. This represents a 0.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GNRC. Truist Financial lowered their target price on shares of Generac from $210.00 to $200.00 and set a “buy” rating for the company in a report on Thursday, January 16th. JPMorgan Chase & Co. boosted their target price on Generac from $160.00 to $178.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Piper Sandler cut their target price on Generac from $200.00 to $185.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Roth Mkm lifted their price target on Generac from $160.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Stifel Nicolaus increased their price objective on shares of Generac from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, Generac currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.55.

About Generac

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.