Generac Holdings Inc. (NYSE:GNRC)
June 11th, 2019
Amidst falling markets Generac Holdings Inc. fell ($0.22) Tuesday which equals a 0.35% drop, closing at $62.57. Despite the drop in price it hit a new 52 week high of $65.73. Generac Holdings Inc. bounced 5.47% between high and low. Despite the drop in value, trading volumes were solid at 209.00% of normal which can indicate investor opportunities.
GNRC outperformed the rest of the Industrials sector which went down just -0.90% today.
Analysis results from 6 analysts points to the possibility that Generac Holdings Inc. could rise somewhat (1.24%), while Finbox has calculated (with medium uncertainty) a fair value price of $47.60.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Staples saw the biggest increase of the day (0.41%), while the Industrials sector saw the biggest drop (-0.90%). Information Technology has seen the biggest year-to-date gain of 23.75%.
Industrials and Utilities saw turn-arounds from their five day positive performances with Industrials dropping -0.90%.
- Consumer Staples, up 0.41%.
- Consumer Discretionary, up 0.33%.
- Communication Services, up 0.29%.
- Real Estate, up 0.18%.
- Energy, up 0.12%.
- Information Technology, up 0.02%.
- Financials, stayed even 0.00%.
- Materials, down -0.07%.
- Healthcare, down -0.25%.
- Utilities, down -0.69%.
- Industrials, down -0.90%.
Generac Holdings Inc. Info
Generac Holdings Inc. designs, manufactures, and sells power generation equipment and other power 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. It also provides residential automatic standby generators ranging in output from 6kW to 60kW; air-cooled engine residential standby generators ranging from 6kW to 22kW; liquid-cooled engine generators with outputs ranging from 22kW to 60kW; remote monitoring system for home standby generators; and industrial diesel generators ranging in sizes up to 3,250kW. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; engine driven power washers; water pumps; and outdoor power equipment, such as trimmers and brush mowers, log splitters, lawn and leaf vacuums, and chipper shredders. Further, it provides light towers, mobile generators, and flameless heaters; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power for small and mid-sized businesses; and industrial generators ranging in output from 10kW up to 3,250kW as emergency backup for large healthcare, telecom, datacom, commercial office, municipal, and manufacturing markets. Additionally, the company sells aftermarket service parts and product accessories to dealers. It distributes its products through independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce merchants, electrical and HVAC wholesalers, catalogs, and equipment rental companies and distributors; and directly to end users under the Powermate, DeWalt, DR, and Pramac brand names. Generac Holdings Inc. was founded in 1959 and is headquartered in Waukesha, Wisconsin.
All amounts in USD unless otherwise indicated
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