The project will invest in approximately 100 sites across California, with a focus on Disadvantaged Communities (DACs) WAUKESHA, Wis., Oct. 21, 2024 /PRNewswire/ -- Generac Holdings, Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the company has been selected to enter into negotiations by the Department of Energy (DOE) to receive an award for a grant of $50 million as part of the DOE's Grid Resilience and Innov ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Generac Holdings (GNRC) , which belongs to the Zacks Electronics - Power Generation industry, could be a great candidate to consider. This generator maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 15.55%. For the last ...

WAUKESHA, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer, manufacturer, and provider of energy technology solutions and other power products, today announced plans to release its third quarter 2024 financial results before the market opens on Thursday, October 31, 2024. Generac management will hold a conference call at 10:00 a.m. EDT on that day to discuss highlights of this earnings release. The conference call can be accessed at the follow ...

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In a Tuesday interview with CNBC's Jim Cramer, Aaron Jagdfeld, CEO of generator company Generac, warned that the pressure on the power grid is only going to increase, burdened by a massive crop of new data centers and more severe weather. "This has become a massively critical discussion point," Jagdfeld said. "This is only going to get worse." Jagdfeld described how outages affect homeowners, businesses and other institutions, and said during the first nine months of 2024, 1.2 billion hours were lost to out ...

My recommendation for Generac Holdings (NYSE: GNRC ) is a buy rating. Based on historical performance, GNRC has seen a strong surge in earnings growth when the US is hit by major hurricanes, and valuation multiple re-rates I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-ter ...

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 (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 ...