Generac Hldgs Stock (NYSE:GNRC), Trade Ideas

Generac Hldgs

Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.

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Generac Holdings Inc. shares decline  premarket as Q4 earnings miss expectations and 2024 sales growth guidance falls short of market hopes.

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Generac Holdings Inc

<p><strong>Generac Hldgs's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) short percent of float has fallen 11.41% since its last report. The company recently reported that it has <strong>3.06 million shares sold short</strong>, which is 5.9% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.5 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Generac Hldgs Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715352321_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Generac Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Generac Hldgs's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Generac Hldgs's peer group average for short interest as a percentage of float is 11.88%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

(GNRC) - Analyzing Generac Hldgs's Short Interest

<p>Oppenheimer  analyst Christopher Glynn   maintains Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) with a Outperform and raises the price target from $140 to $145.</p>


Price Target

Analyst Ratings

Oppenheimer Maintains Outperform on Generac Hldgs, Raises Price Target to $145

Generac Maintains FY24 Net Sales Growth Guidance Of 3-7%

<p>Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.72 by 22.22 percent.  The company reported quarterly sales of $889.273 million which beat the analyst consensus estimate of $885.340 million by 0.44 percent.  This is a 0.15 percent increase over sales of $887.910 million the same period last year.</p>


Earnings Beats

Generac Hldgs Q1 2024 Adj EPS $0.88 Beats $0.72 Estimate, Sales $889.273M Beat $885.340M Estimate

<p>In the latest quarter, 6 analysts provided ratings for Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>), showcasing a mix of bullish and bearish perspectives.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $135.0, with a high estimate of $150.00 and a low estimate of $118.00. This upward trend is apparent, with the current average reflecting a 6.44% increase from the previous average price target of $126.83.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713888035_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The perception of Generac Hldgs by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chip Moore</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Neutral</td>
<td>$135.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>George Gianarikas</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$150.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Michael Halloran</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$129.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>J.B. Lowe</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$128.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Chip Moore</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Neutral</td>
<td>$118.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Generac Hldgs. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Generac Hldgs compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Generac Hldgs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Generac Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/GNRC/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Generac Hldgs analyst ratings.</strong></a></p>
<h2>About Generac Hldgs</h2>
<p>Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<h3>Breaking Down Generac Hldgs's Financial Performance</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Generac Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of <strong>1.38%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> Generac Hldgs's net margin excels beyond industry benchmarks, reaching <strong>9.02%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Generac Hldgs's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>4.08%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Generac Hldgs's ROA excels beyond industry benchmarks, reaching <strong>1.87%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>0.74</strong>, Generac Hldgs faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


A Closer Look at 6 Analyst Recommendations For Generac Hldgs

<p>Roth MKM  analyst Chip Moore   maintains Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) with a Neutral and raises the price target from $120 to $135.</p>


Roth MKM Maintains Neutral on Generac Hldgs, Raises Price Target to $135

<p>Canaccord Genuity  analyst George Gianarikas   maintains Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) with a Buy and raises the price target from $140 to $150.</p>


Canaccord Genuity Maintains Buy on Generac Hldgs, Raises Price Target to $150

<p>Financial giants have made a conspicuous bearish move on Generac Hldgs. Our analysis of options history for Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) revealed 20 unusual trades.</p>
<p>Delving into the details, we found 30% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $178,778, and 17 were calls, valued at $1,307,014.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $105.0 and $170.0 for Generac Hldgs, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Generac Hldgs options trades today is 102.33 with a total volume of 8,707.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Generac Hldgs's big money trades within a strike price range of $105.0 to $170.0 over the last 30 days.</p>
<h3>Generac Hldgs Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712251965_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$17.9</td>
<td>$17.8</td>
<td>$17.8</td>
<td>$155.00</td>
<td>$334.6K</td>
<td style="text-align: right;">69</td>
<td>221</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$44.0</td>
<td>$42.6</td>
<td>$43.1</td>
<td>$105.00</td>
<td>$172.4K</td>
<td style="text-align: right;">167</td>
<td>40</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$9.1</td>
<td>$8.3</td>
<td>$8.7</td>
<td>$165.00</td>
<td>$157.4K</td>
<td style="text-align: right;">9</td>
<td>181</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$7.2</td>
<td>$7.1</td>
<td>$7.1</td>
<td>$145.00</td>
<td>$107.2K</td>
<td style="text-align: right;">270</td>
<td>2.3K</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$7.3</td>
<td>$7.1</td>
<td>$7.1</td>
<td>$145.00</td>
<td>$90.1K</td>
<td style="text-align: right;">270</td>
<td>2.4K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Generac Hldgs</h3>
<p>Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<p>In light of the recent options history for Generac Hldgs, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Generac Hldgs</h3>
<ul>
<li>Currently trading with a volume of 1,447,323, the GNRC's price is up by 0.65%, now at $129.1. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 27 days.</li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Generac Hldgs, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Decoding Generac Hldgs's Options Activity: What's the Big Picture?

<p>4 analysts have shared their evaluations of Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $131.25, with a high estimate of $150.00 and a low estimate of $118.00. Observing a 4.79% increase, the current average has risen from the previous average price target of $125.25. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712091614_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Generac Hldgs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$150.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Michael Halloran</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$129.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>J.B. Lowe</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$128.00</td>
<td>$124.00</td>
</tr>
<tr>
<td>Chip Moore</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Neutral</td>
<td>$118.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Generac Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Generac Hldgs compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Generac Hldgs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Generac Hldgs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/GNRC/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Generac Hldgs analyst ratings.</strong></a></p>
<h2>Discovering Generac Hldgs: A Closer Look</h2>
<p>Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<h3>Generac Hldgs: Delving into Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Over the 3 months period, Generac Hldgs showcased positive performance, achieving a revenue growth rate of <strong>1.38%</strong> as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Generac Hldgs's net margin excels beyond industry benchmarks, reaching <strong>9.02%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Generac Hldgs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>4.08%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> Generac Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>1.87%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Generac Hldgs's debt-to-equity ratio surpasses industry norms, standing at <strong>0.74</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Beyond The Numbers: 4 Analysts Discuss Generac Hldgs Stock

<p>OTR Global   upgrades Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) from Mixed to Positive.</p>


Upgrades

OTR Global Upgrades Generac Hldgs to Positive

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Generac Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GNRC, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for <strong>Generac Hldgs</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $51,000, and 7, calls, for a total amount of $302,390.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $185.0 for Generac Hldgs, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of Generac Hldgs stands at 390.88, with a total volume reaching 643.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Generac Hldgs, situated within the strike price corridor from $110.0 to $185.0, throughout the last 30 days.</p>
<h3>Generac Hldgs Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711649781_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/28/24</td>
<td>$6.8</td>
<td>$6.0</td>
<td>$6.4</td>
<td>$120.00</td>
<td>$115.6K</td>
<td>282</td>
<td style="text-align: right;">208</td>
</tr>
<tr>
<td>GNRC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.2</td>
<td>$10.0</td>
<td>$10.2</td>
<td>$110.00</td>
<td>$50.9K</td>
<td>408</td>
<td style="text-align: right;">163</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$6.2</td>
<td>$5.9</td>
<td>$6.09</td>
<td>$125.00</td>
<td>$36.5K</td>
<td>661</td>
<td style="text-align: right;">81</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$6.0</td>
<td>$5.8</td>
<td>$6.0</td>
<td>$135.00</td>
<td>$36.0K</td>
<td>1.2K</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.6</td>
<td>$5.3</td>
<td>$5.5</td>
<td>$185.00</td>
<td>$30.2K</td>
<td>152</td>
<td style="text-align: right;">4</td>
</tr>
</tbody>
</table>
</p>
<h3>About Generac Hldgs</h3>
<p>Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<p>Following our analysis of the options activities associated with Generac Hldgs, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Generac Hldgs</h3>
<ul>
<li>With a volume of 612,804, the price of GNRC is down -0.14% at $124.41. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 34 days.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Generac Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


What the Options Market Tells Us About Generac Hldgs

<p>On CNBC&rsquo;s &quot;Mad Money Lightning Round,&quot; <strong>Jim Cramer</strong> recommended holding onto <strong> Regions Financial Corporation </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rf#NYSE">RF</a>). &quot;It&rsquo;s not my favorite bank, but I think <a href="https://www.benzinga.com/markets/equities/24/02/37076398/new-york-community-bancorp-shares-rally-but-stark-warnings-over-commercial-real-estate-persist"> it&rsquo;s fine,&quot; he added. </a></p>
<p>On Feb. 14, Regions Financial appointed former <strong>AutoZone</strong> CEO <strong>Bill Rhodes</strong> to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank.</p>
<p>Cramer recommended owning <strong> BlackRock, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/blk#NYSE">BLK</a>) as the stock is going higher. &quot;I think BlackRock is the distinguishing event, it is the great financial repository for our nation,&quot; he added.</p>
<p>On March 5, BlackRock successfully priced $3 billion offering of senior notes.</p>
<p>&quot;I&rsquo;m not sure I like it because I just think it&rsquo;s a little too dicey,&quot; Cramer said when asked about <strong> VICI Properties Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vici#NYSE">VICI</a>). &quot;Let&rsquo;s have them back on, maybe we can figure out what the heck is going on, because I do think the management there is excellent.&quot;</p>
<p>On Feb. 22, VICI Properties posted better-than-expected quarterly sales.</p>
<p><em>Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<p>The &quot;Mad Money&quot; host recommended buying the <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment/">bitcoin</a> ETF, when asked about <strong> Marathon Digital Holdings, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>). &quot;Don&rsquo;t fool around, own the pure.&quot;</p>
<p>On March 5, Marathon Digital announced Bitcoin production and mining operation updates for Feb. 2024.</p>
<p>When asked about <strong> Generac Holdings Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gnrc#NYSE">GNRC</a>), he said, &quot;As long as interest rates are going to go low, or lower, that&rsquo;s fine with me, because the grid&rsquo;s awful.&quot;</p>
<p>On March 4, Generac Power Systems announced the appointment of Talal Butt as chief information officer.</p>
<p>Cramer said <strong> Powell Industries, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/powl#NASDAQ">POWL</a>) is just a &quot;really good&quot; company.</p>
<p>On Jan. 30, Powell Industries reported better-than-expected first-quarter financial results.</p>
<p><strong>Portillo&#39;s Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptlo#NASDAQ">PTLO</a>) is an &quot;overvalued company, and I just don&rsquo;t get how they could make it so they don&rsquo;t have better earnings. I mean it, they need better earnings,&quot; Cramer said.</p>
<p>On Feb. 29, Portillo priced its $116 million offering of 8 million Class A common stock in a &quot;synthetic secondary&quot; transaction.</p>
<p>&quot;That&rsquo;s T-cell immunity, I have always felt that that is an incredible, hopeful product, so that with speculation money, I&rsquo;m fine with it,&quot; Cramer said about <strong> Cabaletta Bio, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/caba#NASDAQ">CABA</a>).</p>
<p>On Feb. 1, Cabaletta Bio said that the FDA granted orphan drug designation to CABA-201 for the treatment of myositis.</p>
<h3><strong>Price Action:</strong></h3>
<ul>
<li>Shares of VICI Properties fell 2.7% to close at $28.92 on Tuesday.</li>
<li>Generac shares fell 2.8% to close at $110.09 on Tuesday.</li>
<li>Cabaletta Bio shares fell 1.3% to settle at $21.68.</li>
<li>Regions Financial shares gained 2.5% to settle at $19.49 on Tuesday.</li>
<li>Marathon Digital shares fell 13.4% to close at $22.25 on Tuesday.</li>
<li>Shares of Portillo&#39;s fell 0.3% to settle at $13.91.</li>
<li>Powell shares dipped 10.1% to close at $166.16.</li>
<li>BlackRock shares fell 0.9% to settle at $826.94 on Tuesday.</li>
</ul>
<p><em>Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37481921/franklin-street-properties-and-2-other-stocks-under-3-insiders-are-buying"> Franklin Street Properties And 2 Other Stocks Under $3 Insiders Are Buying </a> </em></p>


Cramer: This REIT Is 'A Little Too Dicey'; As For Marathon Digital, 'Own The Pure'

<p>Disclosed in a recent SEC filing on February 21, Jagdfeld, Chief Executive Officer at <strong>Generac Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>), made a noteworthy transaction involving the exercise of company stock options.</p>
<p><strong>What Happened:</strong> A notable Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001474735/000143774924005098//Archives/edgar/data/1474735/000143774924005098/0001437749-24-005098-index.htm">U.S. Securities and Exchange Commission</a> revealed that Jagdfeld, Chief Executive Officer at Generac Hldgs, exercised stock options for 47,156 shares of GNRC, resulting in a transaction value of $2,659,126.</p>
<p><strong>Generac Hldgs</strong> shares are trading, exhibiting up of 0.35% and priced at $114.02 during Thursday's morning. This values Jagdfeld's 47,156 shares at $2,659,126.</p>
<h3>All You Need to Know About Generac Hldgs</h3>
<p>Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<h3>A Deep Dive into Generac Hldgs's Financials</h3>
<p><strong>Revenue Growth:</strong> Generac Hldgs's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately <strong>-0.65%</strong>. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.</p>
<p><strong>Analyzing Profitability Metrics:</strong></p>
<ul>
<li>
<p><strong>Gross Margin:</strong> The company excels with a remarkable gross margin of <strong>36.55%</strong>, indicating superior cost efficiency and profitability compared to its industry peers.</p>
</li>
<li>
<p><strong>Earnings per Share (EPS):</strong> Generac Hldgs's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of <strong>1.59</strong>.</p>
</li>
</ul>
<p><strong>Debt Management:</strong> Generac Hldgs's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.74</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<p><strong>Valuation Metrics:</strong></p>
<ul>
<li>
<p><strong>Price to Earnings (P/E) Ratio:</strong> Generac Hldgs's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of <strong>34.75</strong>.</p>
</li>
<li>
<p><strong>Price to Sales (P/S) Ratio:</strong> The current P/S ratio of <strong>1.75</strong> is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.</p>
</li>
<li>
<p><strong>EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization):</strong> The company's EV/EBITDA ratio <strong>15.09</strong> is below the industry average, indicating that it may be relatively undervalued compared to peers.</p>
</li>
</ul>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
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<h3>The Importance of Insider Transactions</h3>
<p>Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.</p>
<p>Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.</p>
<p>Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.</p>
<p>Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.</p>
<h3>Exploring Key Transaction Codes</h3>
<p>When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A <strong>P</strong> in Box 3 denotes a purchase, while <strong>S</strong> signifies a sale. Transaction code <strong>C</strong> indicates the conversion of an option, and transaction code <strong>A</strong> denotes a grant, award, or other acquisition of securities from the company.</p>
<p><a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001474735"><strong>Check Out The Full List Of Generac Hldgs's Insider Trades.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Insider Trades

Insider Move: Aaron Jagdfeld Exercises Options, Realizing $2.66M At Generac Hldgs

<p>Guggenheim  analyst Joseph Osha   downgrades Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) from Buy to Neutral.</p>


Downgrades

Guggenheim Downgrades Generac Hldgs to Neutral

<p>Deep-pocketed investors have adopted a bearish approach towards Generac Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GNRC usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Generac Hldgs. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 3 are puts, totaling $226,874, and 12 are calls, amounting to $2,181,558.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $140.0 for Generac Hldgs during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Generac Hldgs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Generac Hldgs's significant trades, within a strike price range of $50.0 to $140.0, over the past month.</p>
<h3>Generac Hldgs Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707943555_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$135.00</td>
<td>$1.6M</td>
<td style="text-align: right;">53</td>
<td>1.0K</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$100.00</td>
<td>$145.4K</td>
<td style="text-align: right;">28</td>
<td>30</td>
</tr>
<tr>
<td>GNRC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$110.00</td>
<td>$140.0K</td>
<td style="text-align: right;">338</td>
<td>102</td>
</tr>
<tr>
<td>GNRC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$50.00</td>
<td>$57.6K</td>
<td style="text-align: right;">32</td>
<td>8</td>
</tr>
<tr>
<td>GNRC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/16/24</td>
<td>$135.00</td>
<td>$55.9K</td>
<td style="text-align: right;">131</td>
<td>0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Generac Hldgs</h3>
<p>Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.</p>
<p>After a thorough review of the options trading surrounding Generac Hldgs, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Generac Hldgs</h3>
<ul>
<li>Currently trading with a volume of 4,269,634, the GNRC's price is down by -7.67%, now at $114.3. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 0 days.</li>
</ul>
<h3>Expert Opinions on Generac Hldgs</h3>
<p>2 market experts have recently issued ratings for this stock, with a consensus target price of $123.0.</p>
<ul>
<li>An analyst from Roth MKM persists with their Neutral rating on Generac Hldgs, maintaining a target price of $118. </li>
<li>An analyst from Citigroup persists with their Neutral rating on Generac Hldgs, maintaining a target price of $128. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Generac Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Looking At Generac Hldgs's Recent Unusual Options Activity

<p><strong>Generac Holdings Inc.&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) shares are&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/g37119135/generac-reports-fourth-quarter-and-full-year-2023-results" rel="noreferrer noopener">trading lower premarket on Wednesday.</a></p>
<p>The company reported fourth-quarter adjusted earnings per share of $2.07, missing&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the analyst consensus of $2.08.</a></p>
<p>Revenue of $1.064 billion missed the street view of $1.094 billion.</p>
<p>Net sales increased 1% year over year. Residential product sales increased 1% to $580 million, while Commercial &amp; Industrial product sales increased slightly to $363 million.</p>
<p>The gross profit margin was 36.5% compared to 32.7% in the fourth quarter of the prior year, driven by a favorable product mix, production efficiencies, and lower raw material and logistics costs.</p>
<p>Adjusted net income attributable to the company was $126 million, as compared to $113 million a year ago.</p>
<p>Adjusted EBITDA was $213 million, or 20.0% of net sales, as compared to $174 million, or 16.6% of net sales, in the prior year.</p>
<p>Cash flow from operations was $317 million compared to $101 million in the prior year.&nbsp;</p>
<p><strong>Stock Buyback</strong>: The company repurchased approximately 1.3 million shares of its common stock during the fourth quarter for approximately $151 million.</p>
<p>On February 12, 2024, the company approved a new stock repurchase program that allows for the repurchase of up to $500 million of the company&#8217;s common stock over the next 24 months, replacing the remaining balance on the previous program.</p>
<p><strong>Outlook:&nbsp;</strong>The company has initiated a full-year 2024 net sales growth guidance of approximately 3% to 7% compared to the prior year on an as-reported basis (representing $4.143 billion-$4.304 billion vs. consensus $4.37 billion), including a&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">slight favorable impact from foreign currency.</a></p>
<p>The company expects residential product sales growth in the mid-teens range, led by shipments of home standby generators and residential energy technology products.</p>
<p>Adjusted EBITDA margin is expected to be approximately 16.5% to 17.5%.</p>
<p><strong>Price Action:&nbsp;</strong>GNRC shares are trading lower by 6.78% to $115.40 premarket on the last check Wednesday.</p>


WIIM

Generac Holdings shares are trading lower after the company reported Q4 financial results and issued FY24 guidance below estimates.

<p>The Company is initiating&nbsp;guidance&nbsp;for full-year 2024 that anticipates a return to net sales growth as compared to the prior year. This growth is expected to be driven primarily by residential product sales growth in the mid-teens range, led by shipments of home standby generators and residential energy technology products. Partially offsetting this projected strength, C&amp;I product sales are expected to decline at a rate of approximately&nbsp;10%, primarily due to weakness with certain direct telecom, rental, and &quot;beyond standby&quot; customers. As a result of these factors, full-year net sales are expected to increase between 3 to&nbsp;7%&nbsp;as compared to the prior year, which includes a slight favorable impact from foreign currency.</p>
<p>Additionally, the Company expects net income margin, before deducting for non-controlling interests, to be approximately 6.5 to&nbsp;7.5%&nbsp;for the full-year 2024. The corresponding adjusted EBITDA margin is expected to be approximately 16.5 to&nbsp;17.5%.</p>
<p>The Company expects to maintain strong levels of operating and free cash flow generation for the full year, with free cash flow conversion from adjusted net income expected to be approximately&nbsp;100%.</p>


Generac Holdings Expects 2024 Sales Growth of 3%-7% YoY Vs $4.37B Est

Generac Hldgs Q4 Adj EPS $2.07 Vs $2.08 Est, Sales $1.06B Miss $1.09B Estimate

ACGL

ADPT

AEMD

AMWL

ATEX

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RBBN

Earnings Scheduled For February 14, 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Generac Hldgs</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/gnrc-stock-quote/"><strong>GNRC</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>Generac Hldgs reported earnings per share of 88 cents. This was above the analyst estimate for EPS of 75 cents.</li><li>The company reported revenue of $889.27 million.</li><li>This was 0.45% better than the analyst estimate for revenue of $885.27 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/05/gnrc-stock-earnings-generac-hldgs-for-q1-of-2024/">GNRC Stock Earnings: Generac Hldgs Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

GNRC Stock Earnings: Generac Hldgs Beats EPS, Beats Revenue for Q1 2024

Generac Holdings Inc. (GNRC) Q1 2024 Earnings Call Transcript

In a report released today, Jeffrey Hammond from KeyBanc maintained a Hold rating on Generac Holdings (GNRC – Research Report). The company's share...

KeyBanc Reaffirms Their Hold Rating on Generac Holdings (GNRC)

There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Clean Harbors (CLH – Research Report) and Gene...

Analysts Offer Insights on Industrial Goods Companies: Clean Harbors (CLH) and Generac Holdings (GNRC)

There's a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Badger Infrastructure Solutions (BADFF – Resea...

Analysts Are Bullish on Top Industrial Goods Stocks: Badger Infrastructure Solutions (BADFF), Generac Holdings (GNRC)

There's a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Generac Holdings (GNRC – Research Report), CNH...

Analysts Are Bullish on These Industrial Goods Stocks: Generac Holdings (GNRC), CNH Industrial (CNHI)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Generac Holdings (GNRC – Research Report), with a price...

Stifel Nicolaus Keeps Their Buy Rating on Generac Holdings (GNRC)

In a report released today, Tristan Richardson from Scotiabank assigned a Hold rating to Generac Holdings (GNRC – Research Report), with a price ta...

Scotiabank Gives a Hold Rating to Generac Holdings (GNRC)

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>April was a big month to cover New York&rsquo;s first all-electric skyscraper.&nbsp;It also was a month where some stocks to watch began to show their faces. </p>



<p>Alloy Development is a developer focused on the Brooklyn area of New York City. The developer is building 505 State Street as part of <a href="https://505statestreet.com/">Alloy Block</a>. This will be a five-building development with residential, educational, office, cultural and retail uses.&nbsp;</p>



<p>The structure at 505 State Street is the first tower in the development. Moreover, it is all-electric. More will follow.&nbsp;</p>



<p>As <em>Bloomberg </em>points out, a water-source heat pump system will provide heating and cooling.</p>




<p>&ldquo;That means there&rsquo;s a loop of cold water and a loop of hot water that go to the units that are in the apartments, that then blow air over the loops, and heat and cool the spaces,&rdquo; Bloomberg reported Alloy President AJ Pires&rsquo; <a href="https://www.bloomberg.com/news/features/2024-04-18/new-york-s-first-electric-skyscraper-promises-green-luxury-living">comments</a> in April.&nbsp;</p>




<p>If you&rsquo;re an investor, there are businesses other than Alloy whose products could contribute to this and other innovative and precedent-setting developments in the future. Some are public, and others are private.&nbsp;</p>



<p>Here are three companies who have stocks to watch.&nbsp;&nbsp;</p>



<h2>Stocks to Watch: Carrier (CARR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/carr1600-300x169.jpg" alt="Momentum stocks: Carrier Sign outside of Carrier Commercial Service office Mississauga, Ontario, Canada."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p>Last May, <em>Barron&rsquo;s </em>contributor Al Root recommended that investors buy <strong>Carrier </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/carr-stock-quote/"><strong>CARR</strong></a></span>) stock because it doubled down on the HVAC (heating, ventilation, and air conditioning) industry.&nbsp;</p>



<p>It had just announced a <a href="https://www.barrons.com/articles/buy-carrier-stock-price-pick-hvac-6333e2cd">$13.2 billion</a> cash-and-stock acquisition of German heat pump manufacturer Viessmann Climate Solutions.</p>



<p>Root wrote in May 2023, &ldquo;Carrier also plans to exit most of its refrigeration, fire, and security businesses, leaving it looking like a closer facsimile of Trane when all is said and done.&rdquo;&nbsp;</p>



<p>In early March, the company announced the sale of its Industrial Fire Business for $1.43 billion. As I said in early April, it was part of the company&rsquo;s focus on <a href="https://investorplace.com/2024/04/3-50-stocks-that-will-walk-all-over-donald-trumps-dwac-holdings/">higher-margin growth</a> in climate and energy solutions.&nbsp;</p>



<p>Over the past year, Carrier has underperformed <strong>Trane Technologies </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/tt-stock-quote/"><strong>TT</strong></a>), its largest competitor in the HVAC industry. The same is true year-to-date in 2024.&nbsp;</p>



<p>Carrier reported Q1 2024 results on April 25. Its revenues were <a href="https://ca.finance.yahoo.com/news/carrier-carr-q1-earnings-beat-182100257.html">$6.18 billion</a>, 17% higher than a year earlier, while its earnings per share were 62 cents, 24% higher than the Zacks Consensus Estimate and 19% higher year over year.&nbsp;</p>



<p>At <a href="https://www.morningstar.com/stocks/xnys/carr/valuation">2.3</a> <a href="https://www.morningstar.com/stocks/xnys/carr/valuation">times</a> sales and 21.9 times forward earnings, it is considerably cheaper than Trane&rsquo;s stock, at <a href="https://www.morningstar.com/stocks/xnys/tt/valuation">4.0</a> times sales and 31.0 times forward earnings.&nbsp;</p>



<p>Furthermore, I look for Carrier to sell more of its <a href="https://www.carrier.com/commercial/en/us/products/packaged-indoor/packaged-indoor-wshps/">Aquazone</a> high-capacity water-source heat pumps in the future.&nbsp;</p>



<h2>Generac Holdings (GNRC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/generac-gnrc-stock-1600-300x169.jpg" alt="Generac GP7500E 7500-Watt Gasoline during Fundraising Event in Olney, MD"><div>Source: Lissandra Melo / Shutterstock.com</div></div><p><strong>Generac Holdings </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/gnrc-stock-quote/"><strong>GNRC</strong></a></span>) first announced the acquisition of ecobee Inc., a Toronto-based manufacturer of smart home solutions, in <a href="https://www.ecobee.com/en-ca/newsroom/press-releases/generac-to-acquire-ecobee-inc/">November 2021</a>. It paid up to $770 million for the company based on meeting specific performance targets.&nbsp;&nbsp;</p>




<p>&ldquo;ecobee&rsquo;s solutions are an important addition to Generac&rsquo;s extensive residential energy technology portfolio,&rdquo; Generac CEO Aaron Jagdfeld said at the time. &ldquo;Residential HVAC systems represent the largest energy-consuming device in the home today and ecobee&rsquo;s smart thermostats and sensors offer the most intelligent way to balance comfort with conservation.&rdquo;</p>




<p>Generac, known for its residential and commercial back-up generators, acquired ecobee and its software to be the central hub of its residential energy ecosystem. Its purchase of the firm for $770 million is a bargain as Generac further develops its energy technology solutions.</p>



<p>As the Bloomberg article pointed out, every unit at 505 State Street has an ecobee smart thermostat that tenants can set. Hence, the temperature lowers whenever the thermostat senses no one is home.&nbsp;</p>



<p>That&rsquo;s one of the many products integrated into the all-electric apartment building to make it more energy-efficient than conventional.</p>



<p>Whenever I walk into <strong>Home Depot </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/hd-stock-quote/"><strong>HD</strong></a></span>) and see the Generac generator, I&rsquo;m reminded what a great business it is.&nbsp;</p>



<h2>Matthews Korea Active ETF (MKOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/southkorea1600-300x169.jpg" alt=""><div>Source: Shutterstock</div></div><p>The third item from the Bloomberg article about 505 State Street is an induction oven included in all 440 units. Some chefs believe induction is a better method of cooking than natural gas.&nbsp;</p>




<p>&ldquo;I have been a big believer in electrifying kitchens, especially in the advent of induction technology. For me, it&rsquo;s not just about sustainability but also about worker comfort, health, and safety. Gas stoves don&rsquo;t just heat up the pans; they heat up the kitchen with their excess heat,&rdquo; Detroit chef Jon Kung <a href="https://www.bloomberg.com/news/articles/2023-10-28/tiktok-chef-ditch-your-gas-stove-to-fight-climate-change">told</a> Bloomberg in October 2023.&nbsp;</p>




<p>It&rsquo;s interesting to hear that. One of my favorite restaurants in Halifax, where I live, uses an old-fashioned electric stove to cook up its wonder mushroom bao. They are so tasty.&nbsp;</p>



<p>You might wonder why I&rsquo;ve included an actively managed ETF in my three stocks.&nbsp;</p>



<p>Well, <em>GoodHousekeeping.com, </em>rates<em> </em><strong>Samsung Electronics&rsquo; </strong>slide-in induction range as the best value in induction ranges at <a href="https://www.goodhousekeeping.com/appliances/g43906288/best-induction-ranges/">$1,649</a>. The South Korean company&rsquo;s stock &mdash; common and preferred &mdash; is <a href="https://www.matthewsasia.com/funds/etfs/korea-active-etf/">two of the three top holdings</a> of the <strong>Matthews Korea Active ETF </strong>(NYSEARCA:<span><a href="https://investorplace.com/stock-quotes/mkor-stock-quote/"><strong>MKOR</strong></a></span>) at 4.9% and 11.3%, respectively.&nbsp;</p>



<p>As I said, the ETF is actively managed, with a focused portfolio of 35 South Korean stocks. Samsung accounts for a big piece of the overall portfolio. As <a href="https://www.msci.com/documents/10199/c0db0a48-01f2-4ba9-ad01-226fd5678111">emerging markets</a> go, South Korea is one of the best.&nbsp;</p>



<p><em>On the date of publication, Will Ashworth </em><em>did not have (either directly or indirectly) any positions in the securities mentioned in this article. </em><em>The opinions expressed in this article are those of the writer, subject to the </em>InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em> </em>Publishing Guidelines</a><em>.</em></p>
<div><p>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/05/stocks-to-watch-a-look-at-the-3-firms-fueling-new-yorks-first-all-electric-skyscraper/">Stocks to Watch: A Look at the 3 Firms Fueling New York&#8217;s First All-Electric Skyscraper</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Stocks to Watch: A Look at the 3 Firms Fueling New York's First All-Electric Skyscraper

Analyst Praneeth Satish of Wells Fargo maintained a Hold rating on Generac Holdings (GNRC – Research Report), boosting the price target to $139.00....

Generac Holdings: Maintaining Hold Rating Amid Mixed Financial Prospects and Market Dynamics

BADFF

CARR

MKOR

SITE

Press Releases

Generac Announces Fourth Quarter and Full-Year 2023 Earnings Release Date and Conference Call

Commodities

Good Design Awards Honors Multiple Products from Generac

Generac Reports Fourth Quarter and Full-Year 2023 Results

Generac Appoints Talal Butt as Chief Information Officer

Generac's Elizabeth Anderson recognized by the Manufacturing Institute for 2024 Women MAKE Awards

Generac Appoints Jennifer Anderson as Executive Vice President of Global Corporate Strategy & Development