GNRC stock: buy or sell?

GNRC stock price: $79.99 0.01% At close on September 20th, 2019

Updated on:
September 20th, 2019

3

Generac Holdlings shares remained constant 0.01% to $79.99 today.

Generac Holdings Inc. designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide.

Should I buy GNRC stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Generac Holdlings stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean GNRC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Generac Holdlings stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 7 ratings published for GNRC stock in the last 30 days.

The general sentiment of these ratings is bullish for GNRC stock, with 5 positive ratings.
Is GNRC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-6Canaccord Genuityn/aHold
2019-9-5Bank of American/aBuy
2019-9-16Bank of American/aBuy
2019-7-1Robert W. BairdNeutralOutperform
2019-6-27Bank of AmericaBuyBuy
2019-6-20Bank of AmericaBuyBuy
2019-2-6William BlairOutperformMarket Perform

GNRC stock analysis

Daily outlook

Generac Holdlings shares remained steady 0.01% to $79.99 today.

Generac Holdlings shares remained constant 0.01% to $79.99 today. On June, SMA100d and SMA200d crossed up triggering a rise of 27.84%. On Sep 11th, GNRC hit a new all time high, pushing higher than on Sep 10th tops. Check different trading setups that use ATHs as triggers.

GNRC stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Generac Holdlings fell a shocking -3.89%, closing at $79.99.

Generac Holdlings stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record Generac Holdlings marked last week. Since SMA20d and SMA40w crossed up early June, GNRC price climbed $24.84 per share (45.04%). Since early April when GNRC stock price broke up the SMA40w line, it gained $28.76 (56.14%).

GNRC stock chart (weekly)

GNRC stock price history

GNRC IPO was on February 11th, 2010 at $8.57 per share1. Since then, GNRC stock grew a 833.40%, with a yearly average of 92.60%. If you had invested right after GNRC's IPO a $1,000 in GNRC stock in 2010, it would worth $8,334.00 today.

1: Adjusted price after possible price splits or reverse-splits.

GNRC stock historical price chart

GNRC stock reached all-time highs on Sep/11 with a price of $84.86.

GNRC stock price target is $82.50

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' GNRC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 6 price forecasts for GNRC stock:
GNRC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-6Canaccord GenuityRaises Target$74.00$80.008.1%
2019-9-5Bank of AmericaReiterates$88.00$83.00-5.7%
2019-9-16Bank of AmericaReiteratesn/a$88.00-
2019-7-1Robert W. BairdUpgrades$64.00$86.0034.4%
2019-6-27Bank of AmericaReiterates$75.00$83.0010.7%
2019-6-20Bank of AmericaReiterates$70.00$75.007.1%
(in average)$74.20$82.5011.0%
The price prediction for Generac Holdlings stock is $82.50, moving in a range between $88.00 and $75.00. In average, analysts' outlook on GNRC price target is positive, increasing the prediction by a 11.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Generac Holdlings presented its financial report, close to analysts' consensus and posted a $1.42 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
GNRC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.22n/a
2017-Q2-n/a0.66n/a
2017-Q32017-11-010.880.935.7%
2017-Q42018-02-131.191.3715.1%
2018-Q12018-05-020.640.7415.6%
2018-Q22018-08-010.911.1122.0%
2018-Q32018-11-011.081.4332.4%
2018-Q42019-02-141.391.422.2%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Generac Holdlings annual sales rocketed a super good 20.49% to $2,023.46 million dollars from $1,679.37 marked in 2017. Instead, its income margin (compared to sales) raised to 11.77%, that is $238.26 million.

GNRC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,490 M-$175 M11.7%-
2014$1,461 M-1.95%$175 M12.0%0.04%
2015$1,317 M-9.83%$78 M5.9%-55.47%
2016$1,444 M9.65%$99 M6.8%27.06%
2017$1,679 M16.26%$158 M9.4%59.74%
2018$2,023 M20.49%$238 M11.8%50.98%

Quarterly financial results

Generac Holdlings reported $571.37 million in revenues for 2018-Q4, a 2.12% up compared to previous quarter. Reported quarter income marked $75.58 million with a profit margin of 13.23%. Profit margin stayed stable a -0.32% compared to previous quarter when profit margin was 13.54%. When comparing turnover to same quarter last year, Generac Holdlings sales marked an extraordinary gain and boosted a 16.31%. Looking back to recent quarterly results, Generac Holdlings posted 3 positive quarters in a row.
GNRC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$332 M-$13 M4.1%-
2017-Q2$395 M19.16%$26 M6.6%92.87%
2017-Q3$457 M15.65%$40 M8.7%52.96%
2017-Q4$491 M7.43%$82 M16.8%107.72%
2018-Q1$398 M-19.06%$34 M8.5%-59.21%
2018-Q2$495 M24.47%$53 M10.8%58.30%
2018-Q3$560 M13.04%$76 M13.5%42.27%
2018-Q4$571 M2.12%$76 M13.2%-0.27%

Generac Holdlings ownership

When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Generac Holdlings, 1.77% of all outstanding shares are owned by its staff.

Bearish positions for GNRC stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

GNRCAMOTBGGBWXTCAT
Market cap$5.0 B$367.6 M$262.0 M$5.7 B$72.1 B
Total shares62.4 M9.6 M42.1 M95.2 M562.6 M
Float shares61.3 M7.4 M40.1 M94.8 M561.4 M
  - Institutional holdings (%)97.3%53.0%91.6%104.4%68.6%
  - Insider holdings (%)1.8%28.8%4.9%0.7%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

GNRC summary

Friday, September 20th, 2019
Open$80.12
Close$79.99
Day range$79.49 - $81.14
Previous close$79.98
Session gain0.01%
Average true range$2.50
50d mov avg$75.09
100d mov avg$68.60
200d mov avg$60.47
Daily pattern
Weekly pattern lt06a

Generac Holdlings performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Generac Holdlings to Allied Motion Technologies, Briggs & Stratton, BWX Technologies, Caterpillar, Cummins, Capstone Turbine, Regal Beloit, Servotronics and Woodward:
Stock3m6m12m
GNRCGenerac Holdlings16.59%60.85%37.99%
AMOTAllied Motion Tec...8.26%2.76%-22.27%
BGGBriggs & Stratton-36.36%-48.43%-68.05%
BWXTBWX Technologies17.35%24.72%-3.65%
CATCaterpillar-3.51%0.16%-15.82%
CMICummins-4.20%5.35%10.24%
CPSTCapstone Turbine-37.35%-45.26%-45.26%
RBCRegal Beloit-9.46%-8.63%-13.31%
SVTServotronics6.10%-15.57%-3.97%
WWDWoodward-3.77%16.12%33.35%

Generac Holdlings competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Generac Holdlings. We selected 9 companies as Generac Holdlings competitors as they are in the same industry or have similar market objectives.