Generac Holdings Inc (GNRC) has had an impressive financial performance in Q4 of 2024, achieving
record sales and significantly higher profits, exceeding market estimates. This was mainly driven by a massive
28% surge in home generator sales. New positions and stock purchases have been reported by several firms including Entropy Technologies LP, Moloney Securities Asset Management LLC, and abrdn plc among others. Positive earning results have also led to an increase in GNRC's share price. The company's long-term growth looks promising, fueled by a solid market position, increasing demand, and strategic product developments, despite some market challenges. However, the stock price has seen multiple target cuts by analysts from Barclays, Piper Sandler, The Goldman Sachs Group, and Jefferies. Moreover, Aaron Jagdfeld, a key stakeholder, sold 5,000 GNRC shares, an activity that is often interpreted negatively in the market.
Generac Holdings GNRC News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sat, 15 Feb 2025 18:31:44 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -6
