Shares of Generac Holdings Inc. (NYSE:GNRC) have been recently sold by certain investment entities such as the Swiss National Bank and Truist Financial Corp, while others like Townsend & Associates Inc and International Assets Investment Management LLC have decided to acquire more stocks. Options market is showing potential for Generac's stock to spike. Besides, Generac had mixed Q1 earning reports with regard to key metrics but they did outpace the revenue estimates, making the investment prospects volatile. The company's CEO selling a significant number of stocks added uncertainty. Some believe the intrinsic value of the company to be considerably above its share price. On innovation front, Generac has unveiled emission-free portable power stations and succeeded in staying ahead of the electrification mega-trend. Future earnings estimates predict positive numbers overall, yet some financials have been pointed as cause for negative sentiment. The company also seems to be focusing on M&A to drive growth.
Generac Holdings GNRC News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Fri, 10 May 2024 10:21:25 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
