Generac Holdings Inc. (GNRC) has seen significant activity recently, with a mix of both sell-off and acquisition of shares by several investment firms. For instance,
MML Investors Services,
Toronto Dominion Bank, and
Quadrature Capital Ltd have all considerably reduced their positions. On the flip side, firms such as
Barclays and
Glenmede Trust Co. NA have bolstered their stake in GNRC. The company's
share price, however, has experienced fluctuations but still underperforms its competitors. This has led several advisory bodies to contemplate buying the dip. Insights from Wall Street indicate a long-term momentum forecast for Generac, with a
Surge anticipated as Energy Markets reshape. Announcement of Generac's
marketing officer promotion is thought to bring more innovation to the brand. There is anticipation for GNRC's earnings growth as it gears up to report its quarterly earnings next week. Additionally, the brand has received acclaimed attention for performance, gaining entry into the
95-Plus Composite Rating Club. With ongoing fluctuations afoot, experts hint at tricky times ahead that could affect returns on capital. Lastly, Generac recently unveiled it will receive a
$50 Million award from the U.S. Dept of Energy to support grid resilience.
Generac Holdings GNRC News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 21 Dec 2024 09:36:53 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor 2