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GNRC Launches Most Powerful Air-Cooled Generator Featuring 28kW Model
ZACKS· 2025-01-22 15:56
Core Insights - Generac Holdings Inc. has launched a new 28kW home standby generator, the most powerful air-cooled generator available, expanding its product range from 10kW to 28kW [1] - The new generator line integrates with other Generac products, enhancing home energy solutions and providing improved reliability and efficiency [2][3] Product Features - The new generators feature built-in cellular connectivity for real-time monitoring, advanced controllers with electronic oil-level sensing, gas-pressure monitoring, and an all-aluminum cabinet for durability [2] - An industry-first Electronic Fuel and Ignition Control (EFIC) system is included for better motor performance and fuel efficiency, along with a robust automatic transfer switch with surge protection [3] Market Context - In 2024, the U.S. experienced 1.5 billion hours of power outages, the highest since 2010, with power quality declining and costs rising by 30% since 2020, indicating a growing need for reliable backup power solutions [4] - Generac has updated its 2024 revenue expectations to a 5-9% increase, up from the previous guidance of 4-8%, due to heightened demand for home standby and portable generators [5] Growth Strategy - The company is investing in the production of home standby generators and expanding its residential dealer network, which reached 9,100 dealers by the end of Q3 2024, an increase of 400 dealers from the end of 2023 [6] - Generac sees significant growth potential in the domestic market, with only about 6% of homes currently equipped with standby generators, suggesting a substantial opportunity for expansion [7] Stock Performance - Generac's stock has increased by 39.8% over the past year, outperforming the industry growth of 15.4% [8]
Generac Unveils the Most Powerful Air-Cooled Home Standby Generator on the Market
Prnewswire· 2025-01-21 20:30
The new design seamlessly integrates across Generac's product ecosystem, giving customers more control over their energy needs as they navigate severe weather, diminishing grid reliability and rising energy costs WAUKESHA, Wis., Jan. 21, 2025 /PRNewswire/ -- Generac Holdings, Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced its latest home standby generator design, including the new 28kW model, the most powerful ...
Generac Gains 28% in the Past Year: Will the Stock Maintain Pace in 2025?
ZACKS· 2025-01-09 13:56
Generac Holdings Inc. (GNRC) stock has surged 27.5% in the past year, outpacing the S&P 500 composite and the sub-industry’s growth of 11.1% and 24.7%, respectively.Price PerformanceImage Source: Zacks Investment ResearchThe stock is currently trading about 19% below its 52-week high of $195.94. This raises the question of whether this pullback signals a buying opportunity.To determine if it is the right time to buy, sell or hold GNRC stock, we need to consider several key factors.Increasing Demand for Gene ...
Are Industrial Products Stocks Lagging Generac Holdings (GNRC) This Year?
ZACKS· 2024-12-25 15:46
Group 1 - Generac Holdings (GNRC) has gained approximately 19.7% year-to-date, outperforming the average gain of 10.6% in the Industrial Products group [3] - The Zacks Rank for Generac Holdings is currently 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [2] - Generac Holdings is part of the Manufacturing - General Industrial industry, which has an average gain of 10.2% this year, further highlighting GNRC's strong performance [9] Group 2 - ScanSource (SCSC) is another stock in the Industrial Products sector that has outperformed, with a year-to-date increase of 22.6% [8] - The Industrial Products group consists of 213 companies and is ranked 12 within the Zacks Sector Rank, reflecting its relative strength among sectors [6] - Over the past 90 days, the consensus estimate for GNRC's full-year earnings has increased by 5.3%, indicating improved analyst sentiment [7]
GNRC or CR: Which Is the Better Value Stock Right Now?
ZACKS· 2024-12-23 17:46
Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Generac Holdings (GNRC) and Crane (CR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ea ...
Down -8.24% in 4 Weeks, Here's Why You Should You Buy the Dip in Generac Holdings (GNRC)
ZACKS· 2024-12-18 15:35
Generac Holdings (GNRC) has been beaten down lately with too much selling pressure. While the stock has lost 8.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator t ...
Generac Holdings: Likely To Surge As Energy Markets Reshape
Seeking Alpha· 2024-12-17 04:31
Energy markets and infrastructure are changing as the adoption of renewables increases, while at the same time, extreme weather events lead to elevated needs for energy backup and redundancy solutions. Generac Holdings (NYSE: GNRC ) happens to offerAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiv ...
Generac: Old Man Winter Is Almost Here, Generator-Maker Still On Sale
Seeking Alpha· 2024-12-17 01:37
It was an active, but disappointing 2024 Atlantic hurricane season. Well, disappointing if you’re a Generac (NYSE: GNRC ) shareholder. Early season forecasts pinned total tropical storm activity in the 20-25 count range, with upside potential for a record year. It appears just 17Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a ...
Generac Surges 28% in Three Months: How to Play the Stock?
ZACKS· 2024-12-03 14:45
Generac Holdings Inc. (GNRC) stock has surged 27.7% in the past three months outpacing the S&P 500 composite and the sub-industry’s growth of 9.7% and 15.6%, respectively.Image Source: Zacks Investment ResearchHeadquartered 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 storage solutions, advanced power grid software platforms and services, energy management devices and controls ...
Is Generac Holdings (GNRC) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2024-11-22 15:40
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Generac Holdings (GNRC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Generac Holdings is one of 213 companies in the Industrial Products group. The Industrial Products group currently sits at #12 within the Zacks S ...