Generac Holdings Inc (GNRC) Stock Forecast & Predictions

Generac Holdings Inc GNRC: $406.12

S45 W29290 Highway 59, Waukesha, Wisconsin, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.generac.com

  • Market Cap$24.98B
  • Change (52 Weeks)240.02%
  • Low (52 Weeks)$111.63
  • Generac Holdings Inc (GNRC) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Generac Holdings Inc (GNRC) stock price is $406.12 and the 52 weeks low is $111.63, which means the Generac Holdings Inc stock price is up 240.02% in the last 12 months.

    Generac Holdings Inc (GNRC) Stock Price has been Trending Strongly with an ADX reading of 59.39 as per the Weekly Chart.

    A Upward trend indicates that Generac Holdings Inc (GNRC) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that GNRC Stock price might rise further, 25.00% indicating that GNRC Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall GNRC stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Generac Holdings Inc (GNRC) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Generac Holdings Inc (GNRC) is based on 21 Institutional Analyst Ratings where 33.33% are on Strong Buy, 47.62% on Moderate Buy, 19.05% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended GNRC stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Generac Holdings Inc.

    Generac Holdings Inc (GNRC) Stock Price Prediction By Analysts


    HighLowAverage
    $525.00$351.48$412.39
    $412.391.54% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for GNRC set by the institutional analysts is $412.39 where High Estimate is $525.00, Median $411.06 and Low $351.48.

    The average price target for GNRC by Institutional Analysts is $412.39, which is 1.54% Upside from the current price. So according to the Institutional Analysts, GNRC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Generac Holdings Inc (GNRC) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 434,839 investor portfolio.

    Our algorithm has analysed 434,839 investor portfolio with GNRC stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GNRC and holding their positions hoping for a further rise in the stock price and more profit.

    Generac Holdings Inc (GNRC) Stock Forecast Based on News Sentiment


    Bullish
    Based on 9 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about GNRC, it shows that Generac Holdings Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that GNRC stock price may surge in the next few weeks.

    Generac Holdings Inc (GNRC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Piper SandlerOverweightMaintained
    KeybancOverweightUpgraded
    GuggenheimBuyInitiated
    Roth CapitalBuyMaintained
    Canaccord GenuityBuyMaintained
    Piper SandlerOverweightInitiated
    Roth CapitalBuyMaintained
    StifelHoldMaintained
    Roth CapitalBuyMaintained
    OppenheimerOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    Canaccord GenuityBuyMaintained
    Roth CapitalBuyMaintained
    Roth CapitalBuyMaintained
    Stephens & Co.OverweightInitiated
    Canaccord GenuityBuyMaintained
    JMP SecuritiesMarket OutperformInitiated
    Roth CapitalBuyReiterated
    Argus ResearchBuyInitiated
    B of A SecuritiesBuyMaintained
    B of A SecuritiesBuyUpgraded
    Canaccord GenuityBuyUpgraded
    JP MorganOverweightInitiated
    BairdOutperformMaintained
    StifelHoldMaintained
    OppenheimerOutperformMaintained
    William BlairOutperformUpgraded
    B of A SecuritiesNeutralReiterated
    Goldman SachsNeutralMaintained
    OppenheimerOutperformUpgraded
    Bank of AmericaNeutralDowngraded
    Canaccord GenuityHoldMaintained
    Bank of AmericaBuyReiterated
    BairdOutperformUpgraded
    Northcoast ResearchBuyUpgraded
    William BlairMarket PerformDowngraded
    BairdNeutralMaintained
    Goldman SachsNeutralUpgraded
    KeyBancSector WeightDowngraded
    KeyBancOverweightMaintained
    Canaccord GenuityHoldMaintained
    Stifel NicolausHoldMaintained
    Goldman SachsSellDowngraded
    BairdNeutralDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    Canaccord GenuityHoldMaintained
    Canaccord GenuityHoldMaintained
    Bank of AmericaBuyMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightUpgraded
    Bank of AmericaBuyUpgraded
    Canaccord GenuityHoldMaintained
    Bank of AmericaNeutralUpgraded
    Wolfe ResearchPeer PerformInitiated
    KeyBancSector WeightDowngraded
    Bank of AmericaUnderperformDowngraded
    Bank of AmericaBuyUpgraded
    SunTrust Robinson HumphreyNeutralInitiated
    Bank of AmericaNeutralUpgraded
    Canaccord GenuityHoldMaintained
    KeyBancOverweightMaintained
    Bank of AmericaUnderperformDowngraded
    Canaccord GenuityHoldMaintained
    Canaccord GenuityHoldMaintained
    Bank of AmericaNeutralMaintained
    Canaccord GenuityHoldMaintained
    KeyBancBuyUpgraded
    Canaccord GenuityHoldDowngraded
    Bank of AmericaNeutralDowngraded
    BairdOutperformUpgraded
    Bank of AmericaNeutralDowngraded
    StifelHoldDowngraded
    Goldman SachsNeutralUpgraded
    KeyBancHoldDowngraded
    Stifel NicolausBuyUpgraded
    Goldman SachsSellDowngraded
    Bank of AmericaNeutralMaintained
    BMO CapitalOutperformMaintained
    JP MorganNeutralMaintained
    Goldman SachsNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    KeyBancBuyUpgraded
    Bank of AmericaNeutralUpgraded
    JP MorganNeutralMaintained
    Goldman SachsNeutralMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    BMO CapitalOutperformInitiated
    Canaccord GenuityBuyInitiated
    Goldman SachsNeutralMaintained
    Stifel NicolausHoldInitiated

    Generac Holdings Inc (GNRC) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.600
    The average consensus EPS for GNRC is $2.600 with a high estimate of $3.045 and Low of $2.176 for the period 2021-09-30 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.38$1.9044422021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.34527582021-06-30
    $2.38$1.9044422021-03-31
    $2.12$1.99838400000000022020-12-31
    $2.08$1.7520542020-09-30
    $1.4$0.905252020-06-30
    $0.87$0.8115122020-03-31
    $1.53$1.394852019-12-31
    $1.43$1.359152019-09-30
    $1.2$1.10672019-06-30
    $0.91$0.79050000000000012019-03-31
    $1.42$1.41782018-12-31
    $1.43$1.104152018-09-30
    $1.11$0.9218762018-06-30
    $0.74$0.6464762018-03-31
    $1.37$1.217882017-12-31
    $0.93$0.896582017-09-30
    $0.69$0.6505562017-06-30
    $0.41$0.4159562017-03-31
    $1.12$1.05062016-12-31
    $0.82$0.78284999999999992016-09-30
    $0.64$0.6107762016-06-30
    $0.46$0.4271762016-03-31
    $0.97$0.9089222015-12-31
    $0.92$0.80580000000000012015-09-30
    $0.5$0.5974142015-06-30
    $0.49$0.64402799999999992015-03-31
    $0.98$0.78794999999999992014-12-31
    $0.83$1.05202800000000022014-09-30
    $0.82$0.8014142014-06-30
    $0.72$0.7518422014-03-31
    $1.11$0.9182013-12-31
    $1.06$0.85108800000000012013-09-30
    $0.95$0.7785662013-06-30
    $1.21$0.9805262013-03-31
    $0.87$0.704822012-12-31
    $0.78$0.72827999999999992012-09-30
    $0.58$0.5580422012-06-30
    $0.96$0.721652012-03-31
    $0.76$0.63097200000000012011-12-31
    $0.75$0.63821400000000012011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).