Generac Holdings (GNRC) has seen several financial and business developments lately. Despite mixed performance and some downgrade concerns, with contrasting views from Guggenheim and J.P. Morgan, it shows significant inspirations for potential investors. Various insider trading activities have been noted, with the E.V.P Industrial actively selling shares of the company. There have been stakeholders, like US Bancorp DE, Quadrant Capital, EverSource Wealth Advisors among others, decreasing their stakes, yet, others like Quest Partners and Norges Bank have significantly upped their holdings, highlighting a varied market perception. Generac has also made a minority equity investment in WATT and acquired both Apricity Code & Off Grid Energy, reinforcing its growth strategies. Despite Q3 earnings and revenue falling behind estimates, the stock has consistently been given a “Moderate Buy” rating by several analysts. The first quarter earnings for 2024 surpassed revenue estimates, possibly signaling a brighter future. While it has been bouncing back from earning disappointments, the stock's future continues being tied with an ongoing lawsuit.
Generac Holdings GNRC News Analytics from Fri, 01 Dec 2023 08:00:00 GMT to Thu, 30 May 2024 15:29:33 GMT -
Rating 1
- Innovation 5
- Information 8
- Rumor -2
