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

Generac (NYSE:GNRC - Get Free Report) issued its quarterly 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 return on equity of 16.70% and a net margin of 7.17%. Generac updated its FY 2025 guidance to EPS.

Generac Trading Down 0.0 %

Shares of GNRC stock traded down $0.03 on Friday, hitting $146.80. The company had a trading volume of 1,028,876 shares, compared to its average volume of 743,531. The firm has a market cap of $8.73 billion, a P/E ratio of 30.46, a P/E/G ratio of 1.44 and a beta of 1.42. The stock's 50-day moving average is $156.31 and its two-hundred day moving average is $160.57. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.96 and a current ratio of 2.03. Generac has a twelve month low of $108.89 and a twelve month high of $195.94.

Insider Activity at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $157.50, for a total value of $787,500.00. Following the transaction, the chief executive officer now owns 570,825 shares in the company, valued at approximately $89,904,937.50. This represents a 0.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GNRC shares. Stifel Nicolaus lowered their target price on Generac from $210.00 to $200.00 and set a "buy" rating on the stock in a research note on Thursday. Citigroup reduced their price target on Generac from $172.00 to $162.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. TD Cowen lifted their price target on Generac from $172.00 to $183.00 and gave the company a "buy" rating in a report on Friday, November 1st. The Goldman Sachs Group reduced their price target on Generac from $193.00 to $168.00 and set a "buy" rating for the company in a report on Thursday. Finally, Roth Mkm lifted their price target on Generac from $160.00 to $175.00 and gave the company a "neutral" rating in a report on Tuesday, October 22nd. One 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's stock. Based on data from MarketBeat, Generac presently has an average rating of "Moderate Buy" and an average target price of $174.00.

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.