Alert: Rating Upgrade (6/7/24)-Generac Holdings Inc (NYSE: GNRC).

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Stock Rating Upgrade

In recent days the Value Trend Rating for Generac Holdings Inc (NYSE: GNRC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.

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Recent Price Action

Generac Holdings Inc (NYSE: GNRC) stock closed at $138.25 on 6/7/24 after a modest decline of -1.3%. However, exceptionally low trading volume at 48% of normal accompanied the decline. The stock has declined -7.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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 (Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Generac Holdings has a poor Appreciation Score of 23 but a good Power Rating of 78, producing the Neutral Value Trend Rating.

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