Generac Holdings (GNRC) has been on an upward trend with its shares marking a 6.5% increase ever since its last earnings report, predicting a possibility for further growth. The energy technology company has received massive investments from prominent shareholders such as
William Blair Investment Management LLC and
National Bank of Canada FI. Additionally, Generac has recently augmented its energy portfolio with the acquisition of
Ageto, introducing its next-generation
PWRcell energy storage products predicted to bolster its top line. Despite delivering a 97% gain to investors over five years, some are wary over key metrics and fundamentals. Nevertheless, Generac has achieved numerous upgrades in its IBD stock ratings, demonstrating financial strength and outperforming in Q1 and Q2 earnings, exceeding revenue forecasts. At the same time, its intrinsic value is prime at potentially 46% above its share price. However, Generac has been cautioned for
using capital ineffectively and a rising CEO compensation package, leading to a class-action lawsuit announcement. Despite such drawbacks, Generac pursues its expansion in the energy sector through strategic acquisitions and various partnerships.
Generac Holdings GNRC News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Sat, 14 Sep 2024 13:24:28 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 5
