Stock Worth Mentioning Today: Generac Holdings Inc (NYSE:GNRC) Institutional Investors Sentiment Change

December 1, 2016 - By Ellis Scott   ·   0 Comments

Stock Worth Mentioning Today: Generac Holdings Inc (NYSE:GNRC) Institutional Investors Sentiment Change

Sentiment for Generac Holdings Inc (NYSE:GNRC)

Generac Holdings Inc (NYSE:GNRC) institutional sentiment increased to 1.2 in Q2 2016. Its up 0.56, from 0.64 in 2016Q1. The ratio is more positive, as 65 institutional investors opened new and increased holdings, while 101 sold and trimmed positions in Generac Holdings Inc. The institutional investors in our partner’s database now have: 68.93 million shares, down from 69.99 million shares in 2016Q1. Also, the number of institutional investors holding Generac Holdings Inc in their top 10 holdings decreased from 4 to 3 for a decrease of 1. Sold All: 28 Reduced: 73 Increased: 47 New Position: 18.

Generac Holdings Inc. is a designer and maker of a range of power generation equipment and other engine powered products. The company has a market cap of $2.57 billion. The Firm serves the residential, light commercial, industrial, gas and oil, and construction markets. It has a 40.73 P/E ratio. The other engine powered products that the Company creates and makes include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the gas and oil, construction and other industrial markets, and a product line of outdoor power equipment for residential and commercial use.

The stock increased 0.47% or $0.19 during the last trading session, hitting $40.98. Generac Holdings Inc. (NYSE:GNRC) has risen 6.80% since April 28, 2016 and is uptrending. It has outperformed by 0.88% the S&P500.

Analysts await Generac Holdings Inc. (NYSE:GNRC) to report earnings on February, 21. They expect $1.03 EPS, up 6.19% or $0.06 from last year’s $0.97 per share. GNRC’s profit will be $64.59 million for 9.95 P/E if the $1.03 EPS becomes a reality. After $0.82 actual EPS reported by Generac Holdings Inc. for the previous quarter, Wall Street now forecasts 25.61% EPS growth.

According to Zacks Investment Research, “Generac Holdings Inc. is a manufacturer of backup power generation products serving residential, light commercial and industrial markets. The Company designs, engineers, manufactures, and markets a range of automatic, stationary standby, and portable generators. Generac’s power systems range in output from 800 watts to 9 megawatts and are available through a broad network of independent and industrial dealers, retailers and wholesalers. The Company offers generators fueled by natural gas, liquid propane, gasoline, diesel, and Bi-Fuel. It also provides air-cooled engines. In addition, Generac designs, manufactures, sources and modifies engines, alternators, automatic transfer switches and other components necessary for its products. The Company’s generators are fueled by natural gas, liquid propane, gasoline, diesel and Bi-Fuel (combined diesel and natural gas). Generac Holdings Inc. is headquartered in Waukesha, Wisconsin.”

Edgepoint Investment Group Inc. holds 4.8% of its portfolio in Generac Holdings Inc. for 7.86 million shares. Bernzott Capital Advisors owns 532,033 shares or 3.63% of their US portfolio. Moreover, Kestrel Investment Management Corp has 3.55% invested in the company for 245,775 shares. The Florida-based Ws Management Lllp has invested 2.09% in the stock. William Harris Investors Inc, a Illinois-based fund reported 210,588 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 insider sale for $1.10 million net activity.

Generac Holdings Inc. (NYSE:GNRC) Ratings Coverage

Ratings analysis reveals 20% of Generac Holdings’s analysts are positive. Out of 5 Wall Street analysts rating Generac Holdings, 1 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $35 while the high is $40. The stock’s average target of $37.50 is -8.49% below today’s ($40.98) share price. GNRC was included in 6 notes of analysts from August 7, 2015. The stock of Generac Holdings Inc. (NYSE:GNRC) has “Neutral” rating given on Tuesday, November 3 by SunTrust. The firm has “Buy” rating given on Monday, March 14 by Bank of America. The stock of Generac Holdings Inc. (NYSE:GNRC) has “Neutral” rating given on Tuesday, November 3 by Suntrust Robinson. The rating was upgraded by Bank of America on Thursday, October 29 to “Neutral”. The stock of Generac Holdings Inc. (NYSE:GNRC) has “Neutral” rating given on Wednesday, December 30 by Northcoast.

GNRC Company Profile

Generac Holdings Inc. (Generac), incorporated on September 12, 2006, is a designer and maker of a range of power generation equipment and other engine powered products. The Firm serves the residential, light commercial, industrial, gas and oil, and construction markets. The other engine powered products that the Company creates and makes include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the gas and oil, construction and other industrial markets, and a product line of outdoor power equipment for residential and commercial use. It designs, makes, sources and modifies engines, alternators, transfer switches and other components necessary for its products, which are fueled by natural gas, liquid propane, gasoline, diesel and Bi-Fuel.

More important recent Generac Holdings Inc. (NYSE:GNRC) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on October 17, 2010, also Zacks.com published article titled: “Generac Holdings (GNRC) to Buy Motortech Holding by 1Q17”, Fool.com published: “Acquisitions Powered Generac Holdings Inc.’s Earnings” on August 02, 2016. More interesting news about Generac Holdings Inc. (NYSE:GNRC) was released by: Quotes.Wsj.com and their article: “News Generac Holdings Inc.GNRC” with publication date: February 11, 2011.

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By Ellis Scott


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