Generac Holdings Inc. (NYSE:GNRC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Boasting a price of $38.71, Generac Holdings Inc. (NYSE:GNRC) traded 5.71% higher on the day. With the last close up 5.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Generac Holdings Inc. has recorded a 50-day average of $36.04 and a two hundred day average of $36.59. Volume of trade was up over the average, with 1,648,714 shares of GNRC changing hands over the typical 538,826
Zacks Investment Research has upgraded Generac Holdings Inc. (NYSE:GNRC) to Hold in a statement released on 10/05/2016.
With a total market value of $0, Generac Holdings Inc. has price-earnings ratio of 35.06 with a one year low of $26.29 and a one year high of $39.59 .
A total of 6 analysts have released a research note on GNRC. Two analysts rating the company a strong buy, one analyst rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $35.33.
More About Generac Holdings Inc. (NYSE:GNRC)
Generac Holdings Inc. (Generac) is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. The other engine powered products that the Company designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of outdoor power equipment for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products, which are fueled by natural gas, liquid propane, gasoline, diesel and Bi-Fuel. It classifies its products into three categories: Residential products, Commercial & Industrial (C&I) products, and Other products.
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