Generac (GNRC) Earns News Sentiment Rating of 0.05

Media coverage about Generac (NYSE:GNRC) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Generac earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 48.3241889571992 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern’s analysis:

Shares of NYSE:GNRC opened at $49.33 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.59. Generac has a one year low of $33.77 and a one year high of $53.78. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.06 and a beta of 1.55.

Generac (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, May 2nd. The technology company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.64 by $0.10. Generac had a net margin of 10.37% and a return on equity of 45.91%. The firm had revenue of $397.60 million for the quarter, compared to analysts’ expectations of $390.66 million. During the same period in the previous year, the firm posted $0.41 EPS. The company’s revenue for the quarter was up 20.3% on a year-over-year basis. equities analysts forecast that Generac will post 3.75 EPS for the current fiscal year.

A number of equities analysts recently weighed in on GNRC shares. Robert W. Baird reaffirmed a “buy” rating and issued a $51.00 target price on shares of Generac in a research note on Wednesday, April 4th. SunTrust Banks upped their target price on shares of Generac from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, March 28th. Zacks Investment Research raised shares of Generac from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Wednesday, February 14th. Bank of America reissued a “buy” rating and set a $49.84 price target (down from $58.00) on shares of Generac in a research report on Monday, February 12th. Finally, ValuEngine cut shares of Generac from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $52.73.

In other Generac news, CEO Aaron Jagdfeld sold 20,000 shares of the business’s stock in a transaction dated Monday, April 2nd. The shares were sold at an average price of $44.73, for a total transaction of $894,600.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 3.00% of the company’s stock.

About Generac

Generac Holdings Inc designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide. The company offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel.

Insider Buying and Selling by Quarter for Generac (NYSE:GNRC)

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