Generac Holdings Inc. (NYSE:GNRC): Commentary On Fundamentals
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Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Generac Holdings Inc. (NYSE:GNRC) due to its excellent fundamentals in more than one area. GNRC is a company with great financial health as well as a a strong track record of performance. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my broad commentary, read the full report on Generac Holdings here.
Excellent balance sheet with proven track record
GNRC’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. GNRC appears to have made good use of debt, producing operating cash levels of 0.27x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Next Steps:
For Generac Holdings, I’ve compiled three key aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for GNRC’s future growth? Take a look at our free research report of analyst consensus for GNRC’s outlook.
Valuation: What is GNRC worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether GNRC is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of GNRC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. On rare occasion, data errors may occur. Thank you for reading.
