Alert: New Earnings Report (10/31/24)-Generac Holdings Inc (NYSE: GNRC).

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Generac Holdings Inc (NYSE: GNRC) has reported earnings for its third fiscal quarter (ending September 30) of $1.91 versus $0.98 for the same period a year ago — an increase of 95%. For the latest four quarters through September 30, E.P.S. were $4.88 versus $2.58 for the same period a year ago — an increase of 89%.

Recent Price Action

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Generac Holdings Inc (NYSE: GNRC) stock rose slightly by 0.2% on 10/31/24. The stock closed at $165.55. Moreover, unusually high trading volume at 190% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.

Current PriceTarget Research Rating

GNRC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Generac Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Generac Holdings has a slightly negative Appreciation Score of 31 but a very high Power Rating of 93, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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