Generac Holdings Inc (GNRC) is gearing up for another turning point as it hit the volume of 1.84 million

Generac Holdings Inc (NYSE: GNRC) kicked off on Friday, up 1.26% from the previous trading day, before settling in for the closing price of $133.47. Over the past 52 weeks, GNRC has traded in a range of $79.86-$156.95.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.47%. While this was happening, its average annual earnings per share was recorded 15.21%. With a float of $59.24 million, this company’s outstanding shares have now reached $60.14 million.

Considering the fact that the conglomerate employs 8600 people, you should pay attention to its efficiency factor.

Generac Holdings Inc (GNRC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Generac Holdings Inc is 1.71%, while institutional ownership is 85.35%. The most recent insider transaction that took place on Apr 01 ’24, was worth 634,700. In this transaction Chief Executive Officer of this company sold 5,000 shares at a rate of $126.94, taking the stock ownership to the 592,177 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Chief Executive Officer sold 5,000 for $115.00, making the entire transaction worth $575,000. This insider now owns 597,177 shares in total.

Generac Holdings Inc (GNRC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 34.03 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 15.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.44% during the next five years compared to -1.56% drop over the previous five years of trading.

Generac Holdings Inc (NYSE: GNRC) Trading Performance Indicators

Take a look at Generac Holdings Inc’s (GNRC) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.02. Likewise, its price to free cash flow for the trailing twelve months is 20.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.29, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 7.92 in one year’s time.

Technical Analysis of Generac Holdings Inc (GNRC)

Compared to the last year’s volume of 1.04 million, its volume of 1.27 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.81%. Additionally, its Average True Range was 4.66.

During the past 100 days, Generac Holdings Inc’s (GNRC) raw stochastic average was set at 83.50%, which indicates a significant increase from 65.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.63% in the past 14 days, which was lower than the 34.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $121.43, while its 200-day Moving Average is $117.78. Nevertheless, the first resistance level for the watch stands at $137.49 in the near term. At $139.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $142.55. If the price goes on to break the first support level at $132.43, it is likely to go to the next support level at $129.72. Should the price break the second support level, the third support level stands at $127.37.

Generac Holdings Inc (NYSE: GNRC) Key Stats

The company with the Market Capitalisation of 8.15 billion has total of 60,269K Shares Outstanding. Its annual sales at the moment are 4,023 M in contrast with the sum of 203,090 K annual income. Company’s last quarter sales were recorded 1,064 M and last quarter income was 95,970 K.