Is Generac Holdings Inc (NYSE: GNRC) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Good Design Awards Honors Multiple Products from Generac.

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Stocks Info

GNRC belongs to the Industrials sector of the NYSE while operating in the Specialty Industrial Machinery industry. At the end of the last regular session, the stock closed at $127.14 and fluctuated between $127.74 as its day high and $124.26 as its day low. The current market capitalization of Generac Holdings Inc is $7.81B. A total of 0.77 million shares were traded on the day, compared to an average of 955.19K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, GNRC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 50 BUYs and 47 SELLs from insiders. Insiders purchased 202,802 shares during that period but sold 134,573.

In the most recent transaction, Jagdfeld Aaron sold 5,000 shares of GNRC for 115.22 per share on Feb 01. After the transaction, the Chief Executive Officer now owns 577,690 company shares. In a previous transaction on Jan 02, Jagdfeld Aaron sold 5,000 shares at 127.28 per share. GNRC shares that Chief Executive Officer owns now total 582,690.

Among the insiders who sold shares, Jagdfeld Aaron disposed of 5,000 shares on Dec 01 at a per-share price of $116.76. This resulted in the Chief Executive Officer holding 587,690 shares of GNRC after the transaction. In another insider transaction, Kanuru Rajendra Kumar sold 250 shares at $116.76 per share on Dec 01. Company shares held by the EVP, GC, Corp. Secretary now total 15,618.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for GNRC in the last 3 months, the mean price target is $138.71 with high estimates of $175.00 and low estimates of $78.00. In terms of 52-week highs and lows, GNRC has a high of $156.95 and a low of $79.86.

As of this writing, GNRC has an earnings estimate of $2.07 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $2.33 per share and a lower estimate of $1.71. The company reported an EPS of $1.08 in the last quarter, which was -5.30% lower than expectations of $1.14.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GNRC’s latest balance sheet shows that the firm has $147.34M in Cash & Short Term Investments as of fiscal 2021. There were $1.32B in debt and $1.16B in liabilities at the time. Its Book Value Per Share was $38.52, while its Total Shareholder’s Equity was $2.27B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GNRC is Buy with a score of 4.15.

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