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GNRC / Generac- Tricky Residential Outlook, But Valuations And The Risk-Reward Are In A Better Place

Generac- Tricky Residential Outlook, But Valuations And The Risk-Reward Are In A Better Place
Generac missed bottomline estimates in a big way, and the FY23 guidance was scaled down as well. The residential end-market looks weak, but the risk of higher power outages may help tilt sentiment. Despite a cut in the estimates, forward valuations still look attractive, and the stock is still a suitable rotational candidate within the clean power space. Read More
Posted: Aug 3 2023, 10:37
Author Name: Seeking Alpha
Views: 080457

GNRC News  

Generac's stock offers ‘attractive entry point' to clean energy future, says one analyst

By Market Watch
November 2, 2023

Generac's stock offers ‘attractive entry point' to clean energy future, says one analyst

Generac Holdings Inc.'s stock has been attracting plenty of positive analyst attention following the generator maker's third-quarter results, which bl more_horizontal

Generac Beats Profit and Sales Forecasts on Rising Demand for Home Generators

By Investopedia
November 1, 2023

Generac Beats Profit and Sales Forecasts on Rising Demand for Home Generators

Generac (GNRC) shares skyrocketed after the backup power and services company reported better-than-expected results on higher demand for its generator more_horizontal

Why Generac Stock Is Charging Higher Today

By The Motley Fool
November 1, 2023

Why Generac Stock Is Charging Higher Today

Generac beat analyst expectations for the third quarter, and reaffirmed its full-year guidance. After a difficult second quarter, investors were braci more_horizontal

Why Options Traders Are Targeting Generac Stock

By Forbes
November 1, 2023

Why Options Traders Are Targeting Generac Stock

Generac Holdings (GNRC) is seeing a post-earnings options surge, after the company posted upbeat third-quarter results on strong demand for power back more_horizontal

Generac (GNRC) Q3 Earnings & Revenues Beat Estimates, Fall Y/Y

By Zacks Investment Research
November 1, 2023

Generac (GNRC) Q3 Earnings & Revenues Beat Estimates, Fall Y/Y

Generac's (GNRC) Q3 performance is affected by softness in Residential products, partly offset by robust demand for Commercial & Industrial products. more_horizontal

Generac Holdings (GNRC) Q3 Earnings and Revenues Beat Estimates

By Zacks Investment Research
November 1, 2023

Generac Holdings (GNRC) Q3 Earnings and Revenues Beat Estimates

Generac Holdings (GNRC) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to more_horizontal

Generac stock jumps 5% as profit and revenue overpower analyst estimates

By Market Watch
November 1, 2023

Generac stock jumps 5% as profit and revenue overpower analyst estimates

Generac Holdings Inc.'s stock GNRC was up 5.3% in premarket trading on Thursday after the generator maker's third-quarter profit and revenue beat anal more_horizontal

Factors to Note Ahead of Generac's (GNRC) Q3 Earnings Release

By Zacks Investment Research
October 30, 2023

Factors to Note Ahead of Generac's (GNRC) Q3 Earnings Release

Generac's (GNRC) third-quarter performance is likely to have been affected by continued softness in the residential products business segment. more_horizontal


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