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Generac Earnings: Results In-Line, but Not Enough to Meet Elevated Expectations
We are maintaining our $117 per share fair value estimate for narrow-moat Generac following its first-quarter earnings. We view shares as fairly valued.
Generac Holdings Inc GNRC
Bulls Say, Bears Say
Bulls
Generac is the undisputed leader in home standby generators, with over 70% market share.
Bears
Generac’s home standby generator orders are highly reliant on power outage activity.
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News
-
Generac Expands Responsibilities of Shree Dandekar to Lead Corporate Engineering and Product Management
-
Record Breaking Atlantic Hurricane Season Looms - Are People Ready?
-
Generac Reports First Quarter 2024 Results
-
Generac Issues 2023 Environmental, Social, and Governance Report
-
Generac Announces First Quarter 2024 Earnings Release Date and Conference Call
-
Generac Appoints Jennifer Anderson as Executive Vice President of Global Corporate Strategy & Development
-
Generac's Elizabeth Anderson recognized by the Manufacturing Institute for 2024 Women MAKE Awards
-
Generac Appoints Talal Butt as Chief Information Officer
Trading Information
- Previous Close Price
- $143.00
- Day Range
- $143.34–145.42
- 52-Week Range
- $79.86–156.95
- Bid/Ask
- $141.92 / $144.86
- Market Cap
- $8.78 Bil
- Volume/Avg
- 718,371 / 1.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 25.54
- Price/Sales
- 2.22
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 2.87%
Company Profile
Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Stock Style Box
- Small Core
- Total Number of Employees
- 8,600
- Website
- https://www.generac.com
Competitors
Valuation
|
Metric
|
GNRC
|
SEDG
|
CARR
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.54 | 11.95 | 23.04 |
Price/Book Value | 3.69 | 1.23 | 5.08 |
Price/Sales | 2.22 | 1.23 | 2.46 |
Price/Cash Flow | 21.01 | — | 26.29 |
Price/Earnings
GNRC
SEDG
CARR
Financial Strength
|
Metric
|
GNRC
|
SEDG
|
CARR
|
|---|---|---|---|
Quick Ratio | 0.86 | 1.85 | 0.55 |
Current Ratio | 2.29 | 3.70 | 1.36 |
Interest Coverage | 4.12 | 12.42 | 4.76 |
Quick Ratio
GNRC
SEDG
CARR
Profitability
|
Metric
|
GNRC
|
SEDG
|
CARR
|
|---|---|---|---|
Return on Assets (Normalized) | 6.73% | −0.77% | 8.02% |
Return on Equity (Normalized) | 14.74% | −1.44% | 27.54% |
Return on Invested Capital (Normalized) | 10.09% | −1.05% | 12.64% |
Return on Assets
GNRC
SEDG
CARR
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