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

Generac (NYSE:GNRC) announced its quarterly earnings results on Wednesday. The technology company reported $2.80 earnings per share for the quarter, beating the consensus estimate 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 Stock Up 3.1 %

NYSE GNRC traded up $4.37 during trading hours on Wednesday, hitting $146.11. The company had a trading volume of 188,322 shares, compared to its average volume of 757,561. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 30.10, a P/E/G ratio of 1.44 and a beta of 1.42. Generac has a fifty-two week low of $108.89 and a fifty-two week high of $195.94. The firm’s 50 day moving average is $159.13 and its 200 day moving average is $160.88. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.03 and a quick ratio of 0.96.

Insider Activity

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $157.50, for a total value of $787,500.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GNRC. Truist Financial decreased their target price on shares of Generac from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Roth Mkm upped their price objective on shares of Generac from $160.00 to $175.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. TD Cowen boosted their price target on Generac from $172.00 to $183.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Robert W. Baird cut their price objective on shares of Generac from $187.00 to $181.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Finally, Stifel Nicolaus raised their price objective on shares of Generac from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.