Generac Holdings Inc. (NYSE:GNRC) has a beta of 0.90, a 12-month trailing P/E ratio of 49.30, and a growth ratio of 6.16. The stock’s Relative Strength Index (RSI) is 67.66, with weekly volatility at 2.78% and ATR at 11.35. The GNRC stock’s 52-week price range has touched low of $101.72 and a $364.00 high. Its shares traded higher over the last trading session, gaining 6.32% on 06/08/21. The shares fell to a low of $339.29 before closing at $350.80. Intraday shares traded counted 1.41 million, which was -60.23% lower than its 30-day average trading volume of 882.54K. GNRC’s previous close was $329.96 while the outstanding shares total 62.48M.
Investors have identified the Specialty Industrial Machinery company Generac Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $21.34 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Generac Holdings Inc. (GNRC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GNRC, the company has in raw cash 744.81 million on their books with 30.59 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.86 billion total, with 710.26 million as their total liabilities.
GNRC were able to record 125.07 million as free cash flow during the 08/04/2021 quarter of the year, this saw their quarterly net cash flow reduce by 89.69 million. In cash movements, the company had a total of 152.54 million as operating cash flow.
Potential earnings growth for Generac Holdings Inc. (GNRC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/04/2021 quarter of the year, Generac Holdings Inc. recorded a total of 807.43 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 41.06% coming in sequential stages and their sales for the 08/04/2021 quarter increasing by 5.74%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 485.62 million trying to sell their products during the last quarter, with the result yielding a gross income of 321.81 million. This allows shareholders to hold on to 62.48M with the recently reported earning now reading 2.40 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/04/2021 (2.38 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 10.87 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GNRC sounds very interesting.
Is the stock of GNRC attractive?
In related news, Chief Executive Officer, Jagdfeld Aaron sold 5,000 shares of the companyâ€™s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 331.18, for a total value of 1,655,881. As the sale deal closes, the Chief Executive Officer, Jagdfeld Aaron now sold 5,000 shares of the companyâ€™s stock, valued at 1,619,839. Also, Chief Executive Officer, Jagdfeld Aaron sold 5,000 shares of the companyâ€™s stock in a deal that was recorded on Apr 01. The shares were price at an average price of 329.85 per share, with a total market value of 1,649,239. Following this completion of acquisition, the Chief Marketing Officer, MINICK RUSSELL S now holds 7,623 shares of the companyâ€™s stock, valued at 2,565,345. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.
13 out of 16 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Generac Holdings Inc.. 0 analysts has assigned a Sell rating on the GNRC stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $402.18.