Generac (GNRC, Financial) is seeing its stock price soar today by more than 8.54% as the hurricane Milton strikes. Hurricane Milton is a Category 5 tropical cyclone in the Gulf of Mexico that is approaching Florida. When hurricane strikes, or any natural disasters happen and the electricity goes out, the backup generator becomes a popular item. And the market welcomes this unfortunate event by appreciating the stock price of Generac. Catastrophe is an opportunity of raising sales for a prime mover that prod ...

Key Takeaways Shares of Generac Holdings, which makes home generators, jumped again as Hurricane Milton approaches Florida less than two weeks after Hurricane Helene inundated several South Atlantic U.S. states. The company's stock experienced a similar boost due to the impacts of Hurricanes Helene and Beryl earlier this summer. Repeated weather disasters are making about a third of younger U.S. adults reconsider where they want to live, according to a new survey. Shares of Generac Holdings (GNRC), a produc ...

Generac Holdings Inc (GNRC, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance. With its shares currently priced at $172.78, Generac Holdings Inc has enjoyed a daily gain of 7.87%, and an impressive three-month change of 23.04%. A detailed analysis, supported by the GF Score, positions Generac Holdings Inc for significant future growth. Generac Holdings Inc (GNRC) GF Score: 94/100 Oct 07, 2024 Powered by Q What Is the GF Score ...

A worker unloads a 24-kilowatt Generac home generator off a truck at Captain Electric on February 18, 2021 in Orem, Utah. Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 4 storm. Milton is forecast to move north of the Yucatan Peninsula Monday and Tuesday before crossing the Gulf of Mexico to approach Florida by Wednesday, according to the National Hurricane Center. Tampa Bay could face a storm surge of eight t ...

Group 1: Zacks Premium Overview - Zacks Premium offers various tools to help investors make informed decisions, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The service aims to enhance investor confidence and knowledge, providing access to the Zacks Style Scores [1][2] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing a rating from A to F, with A indicating the highest potential for outperforming the market [2][3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5] Group 3: Value Score - The Value Score helps value investors identify stocks trading below their true value using financial ratios like P/E, PEG, and Price/Sales [3] Group 4: Growth Score - The Growth Score assesses a company's future prospects by analyzing projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [4] Group 5: Momentum Score - The Momentum Score focuses on price trends and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes to identify high-momentum stocks [4] Group 6: VGM Score - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum, serving as a useful indicator alongside the Zacks Rank [5] Group 7: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [6][7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [8] Group 8: Generac Holdings Overview - Generac Holdings Inc, based in Waukesha, WI, is a leading manufacturer of power generation systems and energy management solutions, holding a Zacks Rank of 3 (Hold) with a VGM Score of A [10] - The company has a Momentum Style Score of B, with shares increasing by 1.5% over the past four weeks, and has seen upward revisions in earnings estimates for fiscal 2024 [11]

Generac Holdings Inc. (GNRC) stock has surged 40.4% in the past year compared with the S&P 500 composite and the sub-industry's growth of 31.5% and 19.6%, respectively. Closing at $150.84 in yesterday's trading session, GNRC stock is currently trading 11% below its 52-week high of $169.57, attained on July 31, 2024. Headquartered in Waukesha, WI, Generac is a leading manufacturer of backup and prime power generation systems for residential and Commercial & Industrial (C&I) applications, solar and battery st ...

New products offer smarter, more powerful and resilient solutions to enable more choice and control in the way people use sustainable energy sources WAUKESHA, Wis., Sept. 10, 2024 /PRNewswire/ -- Generac Holdings (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the launch of its new PWRcell 2 Home Energy Storage System product series, featuring PWRcell 2 and PWRcell 2 MAX. These products give homeowners more power, re ...

Core Viewpoint - The increasing frequency and severity of extreme weather events necessitate proactive power outage planning for households, as highlighted by Generac Power Systems during National Preparedness Month [1][3]. Group 1: Industry Context - In 2024, extreme weather events have caused over one billion dollars in damage on 19 occasions, including severe storms, a tropical cyclone, a wildfire, and winter storms [2]. - The damage from severe weather not only affects property but also critical power infrastructure, leading to significant electricity access issues for households [2]. Group 2: Company Initiatives - Generac emphasizes the importance of planning ahead for power outages, encouraging households to assess their power needs and identify suitable backup power solutions [3][5]. - The company provides a range of energy solutions, including portable generators, home standby generators, and solar energy storage systems, to meet diverse household needs [5][6]. - Generac's annual Hurricane Preparedness Guide offers a comprehensive list of emergency kit essentials to help families prepare for severe weather events [4]. Group 3: Preparedness Recommendations - Households are advised to identify safe locations to wait out storms, review evacuation plans, and know the nearest evacuation centers [3][4]. - A communication plan should be established, including designated meeting locations and local area maps for emergencies [4]. - Building an emergency kit with essentials such as food, water, first aid supplies, and items for pets is crucial for preparedness [4].

Generac Holdings Inc. (GNRC) stock has surged 35.2% in the past six months compared with the S&P 500's growth of 10.6%, respectively. Z SI254M: 39.49 GNRC: 35.2% CMI: 15.05 ENPH: 0.9% AYI: -0.7% 8/24 - ENPHASE ENE Image Source: Zacks Investment Reso However, it has underperformed the sub-industry's rally of 39.4% in the past six months. While peers like Enphase (ENPH) and Cummins (CMI) have gained 0.9% and 15%, Acuity Brands' (AYI) shares have dropped 0.7% in the past six months. GNRC is currently trading a ...

From Design to Construction, Program Works to Integrate Generac Backup Power Solutions into New Home Builds, Ensuring Reliable Power in the Face of Outages WAUKESHA, Wis., Aug. 8, 2024 /PRNewswire/ -- Generac (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is partnering with awardwinning Highland Homes, to offer generators as options for build-to-suit homes throughout Texas. Home buyers in the Austin, Dallas/Fort Worth, Houston and ...