Generac Holdings Inc.’s Stock Price Soars to $131.34, Marking a 2.40% Increase: A Robust Performance Worth Your Attention

Generac Holdings Inc. (GNRC)

131.34 USD +3.08 (+2.40%) Volume: 2.86M

Generac Holdings Inc.’s stock price is currently trending at 131.34 USD, marking a positive trading session with a 2.40% increase, backed by a substantial trading volume of 2.86M. With a year-to-date percentage change of +1.62%, GNRC’s stock performance continues to attract investor attention in the market.

Latest developments on Generac Holdings Inc.

Generac Holdings (NYSE:GNRC) has seen significant stock price movements today, following key events such as CEO Aaron Jagdfeld selling 5,000 company shares and predictions for Q1 2024 earnings of $0.83 per share. Northland Capmk also commented on Generac’s upcoming earnings, while the State of Alaska Department of Revenue increased its stock holdings in the company. However, Raymond James & Associates sold 11,738 shares, as the company’s stocks ascended but remain behind the market. The company’s financial metrics and competitive strengths continue to be a winning formula.

A look at Generac Holdings Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Generac Holdings, Inc. is a company that specializes in manufacturing generators for different markets such as residential, commercial, industrial, and telecommunications. Using Smartkarma Smart Scores, which rates companies on a scale of 1 to 5 in different categories, we can get a better understanding of the company’s overall outlook. Generac Holdings scores a 3 in value, indicating that the company is reasonably priced and has potential for growth. However, its dividend score is only a 1, meaning it may not be the best option for investors looking for regular income. With a score of 3 for both growth and resilience, Generac Holdings shows potential for future growth and stability.

Looking at the momentum score of 3, we can see that Generac Holdings is performing well in the market and has a positive outlook. This is good news for investors, as it indicates that the company is on the right track and may continue to see growth in the long term. Overall, based on the Smartkarma Smart Scores, Generac Holdings has a promising outlook. With a strong focus on manufacturing generators for different markets, the company has potential for growth and stability, making it a good option for investors looking for long-term investments.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma