Generac Holdlings (GNRC) has an average broker rating of 2.25, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.
Generac Holdlings (GNRC) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $42 and the lowest price target forecast is $35. The average forecast of all the analysts is $38.25 and the expected standard deviation is $2.99.
Company shares have received an average consensus rating of Hold for the current week Generac Holdlings (NYSE:GNRC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.05 and $35.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.10, notching a gain of 0.73% for the day. The total traded volume was 317,182 . The stock had closed at $35.84 on the previous day.
In a related news, The officer (Chief Financial Officer), of Generac Holdings Inc., Ragen York A. had unloaded 12,500 shares at $37.46 per share in a transaction on May 25, 2016. The total value of transaction was $468,250. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its other engine powered products that it designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of power washers for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers, including telecommunication, retail, banking, convenience stores, grocery stores and other light commercial applications. Its products include residential products, commercial and industrial (C&I) products, and other products.