What’s Ahead for Generac Holdings Inc. (GNRC) After Today’s Huge Increase?

September 17, 2017 - By Vivian Currie

Investors sentiment decreased to 1.16 in 2016 Q4. Its down 0.04, from 1.2 in 2016Q3. It dropped, as 23 investors sold Generac Holdings Inc. shares while 67 reduced holdings. 42 funds opened positions while 62 raised stakes. 62.60 million shares or 3.56% less from 64.91 million shares in 2016Q3 were reported.
Commercial Bank Of Mellon stated it has 266,830 shares or 0% of all its holdings. Cambiar Invsts Ltd Liability Corporation invested 0.39% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Citadel Advsrs Limited Co has 8,069 shares. Amer Century Cos stated it has 0% in Generac Holdings Inc. (NYSE:GNRC). King Luther Capital Mgmt owns 839,400 shares or 0.33% of their US portfolio. New York State Common Retirement Fund invested 0.01% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Tiaa Cref Invest Mngmt Ltd Llc owns 189,970 shares or 0.01% of their US portfolio. Emerald Advisers Pa owns 415,971 shares for 0.72% of their portfolio. Nuveen Asset has 90,797 shares for 0.02% of their portfolio. Paloma Partners has invested 0.02% in Generac Holdings Inc. (NYSE:GNRC). Citigroup accumulated 0% or 66,344 shares. Northwest Counselors Ltd Liability has 16,277 shares. 2,486 were reported by Envestnet Asset Inc. Blair William Il owns 18,285 shares. Seizert Partners Llc owns 90,000 shares or 0.13% of their US portfolio.

The stock of Generac Holdings Inc. (NYSE:GNRC) is a huge mover today! The stock increased 4.91% or $2.12 on September 15, reaching $45.28. About 2.01M shares traded or 168.49% up from the average. Generac Holdings Inc. (NYSE:GNRC) has risen 0.51% since September 17, 2016 and is uptrending. It has underperformed by 16.19% the S&P500.
The move comes after 5 months positive chart setup for the $2.81B company. It was reported on Sep, 17 by Barchart.com. We have $47.54 PT which if reached, will make NYSE:GNRC worth $140.50 million more.

Analysts expect Generac Holdings Inc. (NYSE:GNRC) to report $0.86 EPS on October, 25.They anticipate $0.04 EPS change or 4.88 % from last quarter’s $0.82 EPS. GNRC’s profit would be $53.37 million giving it 13.16 P/E if the $0.86 EPS is correct. After having $0.69 EPS previously, Generac Holdings Inc.’s analysts see 24.64 % EPS growth.

Generac Holdings Inc. (NYSE:GNRC) Ratings Coverage

Among 9 analysts covering Generac Holdings (NYSE:GNRC), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 11% are positive. Generac Holdings had 20 analyst reports since August 7, 2015 according to SRatingsIntel. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Wednesday, April 5 report. On Friday, September 15 the stock rating was upgraded by Bank of America to “Buy”. Northcoast initiated Generac Holdings Inc. (NYSE:GNRC) on Wednesday, December 30 with “Neutral” rating. As per Friday, September 8, the company rating was maintained by Stifel Nicolaus. The company was upgraded on Thursday, September 7 by Bank of America. Canaccord Genuity maintained Generac Holdings Inc. (NYSE:GNRC) rating on Friday, September 8. Canaccord Genuity has “Hold” rating and $42.0 target. As per Monday, July 31, the company rating was maintained by Canaccord Genuity. The stock of Generac Holdings Inc. (NYSE:GNRC) has “Buy” rating given on Monday, March 14 by Bank of America. Canaccord Genuity maintained Generac Holdings Inc. (NYSE:GNRC) on Monday, September 11 with “Hold” rating. The firm earned “Hold” rating on Friday, September 8 by KeyBanc Capital Markets.

More notable recent Generac Holdings Inc. (NYSE:GNRC) news were published by: Seekingalpha.com which released: “Generac Holdings (GNRC) Q2 2017 Results – Earnings Call Transcript” on August 02, 2017, also Nasdaq.com with their article: “Generac Holdings Breaks Above 200-Day Moving Average – Bullish for GNRC” published on August 25, 2017, Benzinga.com published: “Searching For Value In Generac Shares In The Wake Of Hurricane Irma” on September 12, 2017. More interesting news about Generac Holdings Inc. (NYSE:GNRC) were released by: Globenewswire.com and their article: “Generac Announces Webcast of Upcoming 2017 Investor Day” published on August 29, 2017 as well as Seekingalpha.com‘s news article titled: “Generac Holdings (GNRC) Q1 2017 Results – Earnings Call Transcript” with publication date: April 27, 2017.

Generac Holdings Inc. is a designer and maker of power generation equipment and other engine powered products. The company has market cap of $2.81 billion. The Firm serves the residential, light commercial, industrial, gas and oil, and construction markets. It has a 26.9 P/E ratio. The Company’s divisions include Domestic and International.

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