Generac (GNRC)
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Generac Holdings (GNRC) Soars 8.5%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-08 09:26
Generac Holdings (GNRC) shares soared 8.5% in the last trading session to close at $173.82. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14.7% gain over the past four weeks. The increase in share price can be attributed to the arrival of Hurricane Milton in the Southeast United States. When hurricanes or other natural disasters cause power outages, backup generators become essential for homeowners, businesses, and emergency se ...
Generac Soars as Hurricane Milton Approaches
Gurufocus· 2024-10-07 21:40
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 ...
Generator Maker Generac's Stock Jumps to 2-Year High as Hurricane Milton Intensifies
Investopedia· 2024-10-07 20:01
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)'s Winning Formula: Financial Metrics and Competitive Strengths
Gurufocus· 2024-10-07 15:02
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 ...
Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies
CNBC· 2024-10-07 14:50
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 ...
Why Generac Holdings (GNRC) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-01 14:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...
Generac Surges 40% in a Year: What Lies Ahead for the Stock?
ZACKS· 2024-09-25 11:15
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 ...
Here's Why Generac Holdings (GNRC) is a Strong Value Stock
ZACKS· 2024-09-20 14:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...
Will Generac's New PWRcell Energy Storage Products Drive Top Line?
ZACKS· 2024-09-11 15:51
Generac Holdings Inc. (GNRC) unveiled its new PWRcell 2 Home Energy Storage System product series, which includes PWRcell 2 and PWRcell 2 MAX. The PWRcell 2 will hit the market by 2024-end, while the PWRcell 2 MAX will be available in the second half of 2025. Designed to enhance power and reliability, these systems offer smarter energy management for homeowners. In a single cabinet, the PWRcell 2 provides 18 kWh of capacity and 10 kW of continuous power, sufficient to handle most home loads, including a 5-t ...
Generac Unveils Next Generation PWRcell Energy Storage Products at RE+
Prnewswire· 2024-09-10 11:30
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 ...