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 ...

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 ...

Generac TodayGNRCGenerac$195.19 +5.84 (+3.08%) 52-Week Range$102.23▼$195.94P/E Ratio40.50Price Target$169.10Add to WatchlistGenerac Holdings Inc. NYSE: GNRC is one of the few benefactors of major storms and power outages. The industrial products sector company is a leading manufacturer of backup generators for residential and commercial & industrial applications. While the stock is trading near 52-week highs, here are five compelling reasons to step into this stock before year’s end.Get Generac alerts:1) M ...

Core Insights - Generac Power Systems emphasizes the importance of winter power outage preparedness as power outage rates are increasing across the United States [1][3] - The 2024-2025 Winter Outlook predicts a slow-developing La Nina, which may lead to above-average precipitation in the Great Lakes and Pacific Northwest, and below-average temperatures in the Pacific Northwest through the Great Plains, potentially exacerbating power outages [2] - Americans faced an unprecedented 1.2 billion hours without power in the first nine months of the year, indicating a growing need for effective winter outage preparation [3] Company Overview - Generac Power Systems is a leading energy technology company that designs, manufactures, and provides backup and prime power products, energy storage systems, and energy management devices [6] - The company has a history of innovation, having introduced the first affordable backup generator and later creating the automatic home standby generator category [6] Preparedness Recommendations - Homeowners are advised to identify warming centers, inspect heating sources, build emergency kits, maintain communication plans, install carbon monoxide alarms, and consider backup power solutions [4] - Generac offers a range of energy solutions, including portable generators, home standby generators, and solar energy storage systems, to assist families in preparing for power outages [5]

Company Overview - Generac Holdings (GNRC) currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, GNRC shares have increased by 2.74%, outperforming the Zacks Manufacturing - General Industrial industry, which rose by 0.3% [5] - In a longer time frame, GNRC's shares have risen by 6.26% over the past month, compared to the industry's 0.31% [5] - Over the last three months, GNRC shares have increased by 26.39%, and over the past year, they have surged by 75.17%, while the S&P 500 has only moved 11.83% and 34.43%, respectively [6] Trading Volume - GNRC's average 20-day trading volume is 860,480 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Estimates - In the past two months, 9 earnings estimates for GNRC have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $6.49 to $6.80 [9] - For the next fiscal year, 7 estimates have moved upwards, while 3 have been revised downwards [9] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, GNRC is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [9]

Core Viewpoint - Generac Holdings Inc. is conducting its Q3 2024 earnings conference call, indicating a focus on financial performance and future outlook [1][3]. Company Overview - The call features key company executives including the President and CEO Aaron Jagdfeld and CFO York Ragen, highlighting the leadership's involvement in discussing the company's performance [3]. Financial Reporting - The company will reference forward-looking statements and non-GAAP measures during the call, emphasizing the importance of understanding these metrics in the context of their financial results [4][5].

Exhibit 99.1 Generac Reports Third Quarter 2024 Results Return to robust overall sales growth with continued margin expansion; increasing 2024 outlook due to recent major outage events WAUKESHA, WISCONSIN (October 31, 2024) – Generac Holdings Inc. (NYSE: GNRC) ("Generac" or the "Company"), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2024, and provided an update on its outlook fo ...

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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