GNRC - Generac Holdings Inc.

NYSE - NYSE Delayed Price. Currency in USD
99.58
+0.04 (+0.04%)
At close: 4:02PM EST

99.73 +0.15 (0.15%)
After hours: 4:26PM EST

Stock chart is not supported by your current browser
Previous Close99.54
Open99.76
Bid99.82 x 1100
Ask99.62 x 800
Day's Range99.19 - 100.45
52 Week Range45.43 - 102.13
Volume567,646
Avg. Volume731,090
Market Cap6.2B
Beta (5Y Monthly)1.18
PE Ratio (TTM)24.17
EPS (TTM)4.12
Earnings DateFeb 12, 2020 - Feb 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2013-06-10
1y Target Est104.83
  • Generac earnings beat amid blackouts, wildfires in California
    Yahoo Finance Video

    Generac earnings beat amid blackouts, wildfires in California

    Shares of generator company Generac are rising, after beating earnings expectations. Yahoo Finance’s Akiko Fujita and Ines Ferre discuss the quarterly results, along with the surging demand for generators, on The Ticker.

  • Generac CEO on CA wildfires as residents lose power
    Yahoo Finance Video

    Generac CEO on CA wildfires as residents lose power

    Yahoo Finance’s Zack Guzman, Brian Cheung, and former GE Vice Chair Beth Comstock discuss the California wildfires and how demanding is booming for backup generators with Generac CEO Aaron Jagdfeld.

  • Zacks Market Edge Highlights: Shopify, Generac, Ubiquiti, Aptar and Omega
    Zacks

    Zacks Market Edge Highlights: Shopify, Generac, Ubiquiti, Aptar and Omega

    Zacks Market Edge Highlights: Shopify, Generac, Ubiquiti, Aptar and Omega

  • How to Pick Stocks in 2020
    Zacks

    How to Pick Stocks in 2020

    Experts say that stock picking is dead but Sheraz Mian argues that with time and effort it can still be done successfully. Here's some of his secrets.

  • Generac PWRcell™ and PWRview™ Solutions Now Available to Distribution Partners, Installers
    PR Newswire

    Generac PWRcell™ and PWRview™ Solutions Now Available to Distribution Partners, Installers

    GeneracⓇ Power Systems (NYSE: GNRC) announced that it's highly anticipated battery storage system and home energy management solution is now available to order by its distribution partners and dealers. Units will begin shipping immediately.

  • Hedge Funds Have Never Been This Bullish On Generac Holdings Inc. (GNRC)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Generac Holdings Inc. (GNRC)

    The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • A Look At The Fair Value Of Generac Holdings Inc. (NYSE:GNRC)
    Simply Wall St.

    A Look At The Fair Value Of Generac Holdings Inc. (NYSE:GNRC)

    In this article we are going to estimate the intrinsic value of Generac Holdings Inc. (NYSE:GNRC) by estimating the...

  • Ametek (AME) Hits Fresh High: Is There Still Room to Run?
    Zacks

    Ametek (AME) Hits Fresh High: Is There Still Room to Run?

    Ametek (AME) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Rich Californians Shell Out $30,000 to Avoid Blackout Pain
    Bloomberg

    Rich Californians Shell Out $30,000 to Avoid Blackout Pain

    (Bloomberg) -- Ebony Lopez’s electric company in Napa wine country used to get a handful of inquiries a week from people asking about generators. After PG&E Corp. shut power to millions of Californians last month, it’s more like 10 to 15 calls a day.“It’s been nonstop,” Lopez said. “People are definitely being reactive.”As Californians face years of intentional blackouts -- a strategy by the state’s utilities to prevent wildfires -- homeowners are rushing to find alternative sources of power to keep the lights on. Last month’s outages, in particular, swept across affluent areas just outside of San Francisco, hitting people who have the means to pay up for pricey equipment.The trend isn’t unique to California. With climate change colliding with an aging grid, residents of areas from snowy New England to the hurricane-threatened South face more disruptions to power. But with costs for whole-house generators or solar and battery packages running tens of thousands of dollars, the demand for backup systems underscores a stark reality: Wealthy people will be able to endure outages while the poor are left in the dark.“Like a lot of things that we’re talking about in society today and the inequality that exists, that gap in inequality could show up in even how you get your power,” said Aaron Jagdfeld, chief executive officer of Generac Holdings Inc., the country’s biggest standby generator company. Its shares have almost doubled this year on the prospect of rising demand. They climbed 2.1% to $99.35 at 12:25 p.m. in New York.Generac sells portable generators for as little as $439, but the higher-end, permanently installed automatic generators the company specializes in run as high as $30,699 for the most robust residential unit, which is strong enough to power a convenience store. Installation costs can be about $10,000 on top of that for any of its standby models.Generac’s sales are up 300% in California this year, Jagdfeld said. Demand is so brisk that the Waukesha, Wisconsin-based company is considering opening a Sacramento office for training, inventory and retail.PG&E, in bankruptcy because of billions of dollars in liabilities from deadly fires sparked by its equipment, has warned that it may take 10 years to dramatically reduce intentional power shutoffs during dangerous weather. Its blackouts have stretched from lower-income regions in the Sierra Foothills to wealthy communities such as Marin County, which has some of the highest home values in the country. The wine-growing areas of Napa and Sonoma counties have been hit multiple times.While rain was forecast to hit the region Tuesday, signaling the much-anticipated start of the wet season and diminishing the threat of fires, Californians are preparing for the years ahead.The power outages “opened people’s eyes to disaster preparedness and how important it is,” said Ed Lynch, a real estate broker with a home in Napa County. After PG&E cut his power three times this year, he looked into solar panels and backup batteries for his three-bedroom house. The price tag: $61,000.“I’m definitely going to do it,” he said.Solar panels are popular in California, but are tied to the grid and require back-up batteries to keep electricity running during a blackout. Big solar companies promoted their systems during the shutoffs, with Elon Musk offering $1,000 discounts for Tesla Inc.’s solar and Powerwall battery backup for residents affected by wildfire outages.Brian Urey, a resident of Marin’s Mill Valley, decided to add backup batteries to his home in August after hearing about PG&E’s plans for scheduled service interruptions. The two Tesla Powerwalls plus installation and permits cost him more than $18,000, he said. (He expects to get about $6,000 back in tax credits.) Everything was up and running in September, in time for the most severe part of fire season.As many of Urey’s neighbors went dark in October, he continued life as normal, watching TV, doing laundry and running the dishwasher. “It was flawless,” he said. He had a couple of friends without power over for dinner and let his neighbor plug an extension cord into his house to charge phones and turn on a lamp. That neighbor is now having their house outfitted with Tesla solar panel and backup batteries, Urey said.Installing solar panels or large generators is mainly an option for people who own their homes, excluding the millions of renters in California’s pricey housing market. As inequality in the state grows more extreme, backup power systems will be just one more issue that widens the gap, said Reed Walker, associate professor of business and public policy and economics at the University of California, Berkeley’s Haas School of Business.“The current state of adaptation, which is currently ‘I hope you can afford a generator or Tesla Powerwall’, is misguided,” Walker said. If nothing changes in the future, “there’d be enormous disparities in the way that people go about their day-to-day lives.”Still, there are products for everyone, said Generac’s Jagdfeld. Many standby generators have lower costs, with the company’s average proposal price in California coming in at $9,000 to $13,000, including installation. Cheaper portable generators have enough power to charge phones and even keep a refrigerator running in some cases. And they can be used by renters, too.Sally Benson, director of Stanford’s Global Climate & Energy Project, said she’s more concerned that people may end up using backup power for more than just emergencies, causing greater harm to the environment.“This idea that you can just be off the grid, we are hearing that more and more,” Benson said. “Under those circumstances the power you’re consuming actually has higher carbon intensity and pollution than the good as a whole.”In Napa, Lynch said he expects California’s solar credits will shave about $30,000 off the cost of his equipment. But he’s seen a long lead time for installation.“Demand has gone through the ceiling,” Lynch said. “If people are thinking about it, they probably want to get in line.”(Updates with Generac’s average prices in 17th paragraph)\--With assistance from Brian Eckhouse.To contact the reporter on this story: Sophie Alexander in New York at salexander82@bloomberg.netTo contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, Kara Wetzel, Peter EichenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 7 Stocks John Rogers Continues to Buy
    GuruFocus.com

    7 Stocks John Rogers Continues to Buy

    Foot Locker makes the list Continue reading...

  • Moody's

    Generac Power Systems, Inc. -- Moody's announces completion of a periodic review of ratings of Generac Power Systems, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Generac Power Systems, Inc. New York, November 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Generac Power Systems, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Generac Holdings (GNRC): Strong Industry, Solid Earnings Estimate Revisions
    Zacks

    Generac Holdings (GNRC): Strong Industry, Solid Earnings Estimate Revisions

    Generac Holdings (GNRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Chuck Royce's Firm Saws Another Chunk Off of L.S. Starrett
    GuruFocus.com

    Chuck Royce's Firm Saws Another Chunk Off of L.S. Starrett

    Small-cap specialist further trims position in tool manufacturer Continue reading...

  • Generac Holdings (GNRC) Is Up 1.2% in One Week: What You Should Know
    Zacks

    Generac Holdings (GNRC) Is Up 1.2% in One Week: What You Should Know

    Does Generac Holdings (GNRC) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Solar power interest is surging after California blackouts, CEO says
    Yahoo Finance

    Solar power interest is surging after California blackouts, CEO says

    The wildfires raging in California and ensuing power outages are creating new demand for solar energy alternatives, as many residents are aiming to become less reliant on the state's power grid.

  • Thomson Reuters StreetEvents

    Edited Transcript of GNRC earnings conference call or presentation 31-Oct-19 1:00pm GMT

    Q3 2019 Generac Holdings Inc Earnings Call

  • Generac Shares Are Charging With Big Buy Signals
    Investopedia

    Generac Shares Are Charging With Big Buy Signals

    As the fires in California rage, the need for generators is high, and the rush for Generac shares appears to be in motion.

  • What Does Generac Holdings Inc.'s (NYSE:GNRC) P/E Ratio Tell You?
    Simply Wall St.

    What Does Generac Holdings Inc.'s (NYSE:GNRC) P/E Ratio Tell You?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Estee Lauder, Generac, Tempur Sealy, Yeti Lead Key Earnings Reports
    Investor's Business Daily

    Estee Lauder, Generac, Tempur Sealy, Yeti Lead Key Earnings Reports

    Estee Lauder were among several key earnings reports early Thursday, along with Generac, Tempur Sealy, Top Build, Yeti Holdings and more.

  • Generac Holdings (GNRC) Beats Q3 Earnings and Revenue Estimates
    Zacks

    Generac Holdings (GNRC) Beats Q3 Earnings and Revenue Estimates

    Generac Holdings (GNRC) delivered earnings and revenue surprises of 8.33% and 3.93%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Generac Reports Record Quarterly Results

    WAUKESHA, Wis., Oct. 31, 2019 -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy solutions and other power.

  • Generac: CA wildfires creating 'incredible demand' for our generators
    Yahoo Finance

    Generac: CA wildfires creating 'incredible demand' for our generators

    A leading manufacturer of backup generator products is seeing a huge boost in demand, with California roiled by blackouts imposed by Pacific Gas and Electric (PCG).

  • Generac invests in Canadian software firm serving renewable energy industry
    American City Business Journals

    Generac invests in Canadian software firm serving renewable energy industry

    Waukesha-based generator manufacturer Generac Holdings Inc. continues its push into the clean energy solutions market with investment in Quebec-based Sofdesk Inc.