Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel; and batteries and inverters. It also provides residential automatic standby generators ranging in output from 7.5kW to 150kW; air-cooled engine residential standby generators ranging from 7.5kW to 24kW; liquid-cooled engine generators with outputs ranging from 22kW to 150kW; and Mobile Link, a remote monitoring system for home standby generators. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; engine driven power washers; water pumps; outdoor power equipment, such as trimmers and brush mowers, log splitters, lawn and leaf vacuums, and chipper shredders; and clean energy solution under the PWRcell and PWRview brands. Further, it provides light towers, mobile generators, and flameless heaters; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power for small and mid-sized businesses; and industrial generators ranging in output from 10kW up to 3,250kW used as emergency backup for healthcare, telecom, datacom, commercial office, retail, municipal, and manufacturing markets. Additionally, the company sells aftermarket service parts and product accessories to dealers. It distributes its products through independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical, HVAC and solar wholesalers, catalogs, equipment rental companies and distributors, and solar installers; and directly to end users. Generac Holdings Inc. was founded in 1959 and is headquartered in Waukesha, Wisconsin.
IPO Year: 2010
Exchange: NYSE
Website: generac.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $172.00 → $183.00 | Buy | TD Cowen |
| 8/1/2024 | $144.00 → $172.00 | Buy | TD Cowen |
| 6/13/2024 | $126.00 → $154.00 | Buy → Neutral | Janney |
| 5/30/2024 | $120.00 | Neutral → Sell | Guggenheim |
| 5/23/2024 | $149.00 | Overweight → Neutral | JP Morgan |
| 5/22/2024 | Outperform → Perform | Oppenheimer | |
| 4/5/2024 | $140.00 → $150.00 | Buy | Canaccord Genuity |
| 2/15/2024 | Buy → Neutral | Guggenheim | |
| 2/15/2024 | $165.00 → $144.00 | Outperform | TD Cowen |
| 11/15/2023 | $76.00 → $110.00 | Underperform → Neutral | BofA Securities |
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4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
4 - GENERAC HOLDINGS INC. (0001474735) (Issuer)
TD Cowen reiterated coverage of Generac with a rating of Buy and set a new price target of $183.00 from $172.00 previously
TD Cowen reiterated coverage of Generac with a rating of Buy and set a new price target of $172.00 from $144.00 previously
Janney downgraded Generac from Buy to Neutral and set a new price target of $154.00 from $126.00 previously
Guggenheim downgraded Generac from Neutral to Sell and set a new price target of $120.00
JP Morgan downgraded Generac from Overweight to Neutral and set a new price target of $149.00
Oppenheimer downgraded Generac from Outperform to Perform
Canaccord Genuity reiterated coverage of Generac with a rating of Buy and set a new price target of $150.00 from $140.00 previously
Guggenheim downgraded Generac from Buy to Neutral
TD Cowen reiterated coverage of Generac with a rating of Outperform and set a new price target of $144.00 from $165.00 previously
BofA Securities upgraded Generac from Underperform to Neutral and set a new price target of $110.00 from $76.00 previously
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10-Q - GENERAC HOLDINGS INC. (0001474735) (Filer)
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8-K - GENERAC HOLDINGS INC. (0001474735) (Filer)
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10-Q - GENERAC HOLDINGS INC. (0001474735) (Filer)
8-K - GENERAC HOLDINGS INC. (0001474735) (Filer)
WAUKESHA, Wis., April 1, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the appointment of Jennifer Anderson as executive vice president of global corporate strategy & development. "Jennifer will be instrumental in leading Generac's strategic planning process and helping to identify and drive new areas of growth for the company," said Aaron Jagdfeld, Generac's president and CEO. "We are excited to have her join the team and are looking forward
IT veteran leads new era of innovation at Generac WAUKESHA, Wis., March 4, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the appointment of Talal Butt as chief information officer (CIO) effective March 4, 2024. In this role, Butt will report to Generac president and chief executive officer Aaron Jagdfeld. Butt will be responsible for spearheading the global information technology organization for Generac, including developing enterprise strate
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Generac Holdings Inc. ("Generac" or "the Company") (NYSE:GNRC) investors that a lawsuit filed on behalf of investors that purchased securities between April 29, 2021, and November 1, 2022. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their los
Richard Fleming stepping down as Board Chair and retiring from the Board at the end of his current term following 24 years of service Gerald Colella, current independent director, appointed as successor for Chair of the Board Kathryn Roedel, current independent director and immediate past Chair of the Nominating and Governance Committee, appointed to new role as Lead Director Columbus McKinnon Corporation (the "Company")(NASDAQ:CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that Richard Fleming has stepped down from his role as Chairman of the Board at the conclusion of the Company's fiscal year which end
Easy-to-use feature helps ecobee customers track and optimize home energy use and savings ecobee has introduced Home Energy Reports, a new feature in the ecobee app that helps customers understand the direct impact of their home's heating and cooling system's energy use and makes it easy to understand opportunities to improve energy efficiency and savings. The new feature allows customers to make smarter and more sustainable decisions about their home. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120525775/en/ecobee Home Energy Reports help customers understand the direct impact of their home's heating and cooling system'
The Company's Cold Weather Preparedness Guide is an Easy Tool for Navigating Winter Outage Planning WAUKESHA, Wis., Nov. 12, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is encouraging homeowners across the United States to plan well in advance for winter weather-related power outages, as power outage rates continue to rise across the United States. According to NOAA's 2024-2025 Winter Outlook, a slow-developing La Nina is expected to impact winter weather c
WAUKESHA, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) -- 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 for the full-year 2024. Third Quarter 2024 Highlights Net sales were $1.17 billion during the third quarter of 2024 as compared to $1.07 billion in the prior-year third quarter, an increase of approximately 10%. Core sales, which excludes both the impact of acquisitions and foreign currency, increased approximately 9% from the prior year period. Residential prod
By seamlessly integrating smart locks with ecobee Smart Security, users can enjoy a smarter home that prioritizes peace of mind by managing security and comfort all in one place Today ecobee delivers a smarter home with new smart lock integration with leading smart lock brands Yale and August. ecobee Smart Security customers in the United States and Canada no longer need to worry about forgetting to lock their door when linking Wi-Fi-enabled smart locks from Yale and August to their ecobee account. In addition to locking and unlocking their front door from anywhere, customers can now control their smart lock directly from Live View of their ecobee Smart Doorbell Camera in the ecobee app.
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 Innovation Partnership (GRIP). Established by the Bipartisan Infrastructure Law, the Grid Resilience and Innovation Partnerships (GRIP) Program is a $10.5 billion investment to enhance grid fle
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 following link: https://register.vevent.com/register/BIabec574e36cc43abb7ea58d0150702c4. Individuals that wish to listen via telephone will be given dial-in information. The conference call
Hardwired for reliability and built to last, the ecobee Smart Thermostat Lite is designed with the contractor in mind ecobee, a subsidiary of Generac Power Systems (NYSE:GNRC), today announced the new ecobee Smart Thermostat Lite, available exclusively through Pro distribution channels. Designed with input from professionals, the ecobee Smart Thermostat Lite is easy to install, straightforward to use, durable and hardwired for enhanced reliability, eliminating the need for charging or a secondary power source. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015863803/en/The ecobee Smart Thermostat Lite allows professionals to
Furthers Growth of Marathon Capital's Equity Capital Markets Offering Marathon Capital, a leading financial advisory and investment banking firm to the clean economy, has announced that James Fitzgerald has joined the firm as Head of Institutional Sales. Based in New York, Mr. Fitzgerald will be responsible for leading the continued rollout of Marathon Capital's Equity Research and Equity Capital Markets ("ECM") products. Mr. Fitzgerald was most recently Executive Director, Institutional Equity Sales at Tudor, Pickering, Holt & Co (the energy business of Perella Weinberg Partners), where he provided coverage and long-term relationship management of hedge fund, long only, family office, an
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, reliability and smarter integration across their energy ecosystem. PWRcell
More frequent and destructive severe weather events drive need for power outage plans WAUKESHA, Wis., Sept. 4, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is reminding people to observe National Preparedness Month by planning ahead for power outages. According to NOAA's National Centers for Environmental Information, extreme weather has caused more than one billion dollars of damage on 19 separate occasions in 2024. These events included 15 severe storms,
Piper Sandler analyst Kashy Harrison maintains Generac Hldgs (NYSE:GNRC) with a Overweight and raises the price target from $150 to $175.
Generac Hldgs (NYSE:GNRC) has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 3 0 0 Last 30D 1 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 0 0 3M Ago 0 1 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $155.17, a high estimate of $177.00, and a low estimate of $135.00. Marking an increase of 7.91%, the current averag
JP Morgan analyst Mark Strouse maintains Generac Hldgs (NYSE:GNRC) with a Neutral and raises the price target from $149 to $155.
Canaccord Genuity analyst George Gianarikas maintains Generac Hldgs (NYSE:GNRC) with a Buy and raises the price target from $150 to $177.
Shares for air conditioner manufacturers and utility companies are rising with the temperatures as a heat wave that has scorched the Midwest makes its way to the South. What Happened: A major heat wave that brought sweltering temperatures to the Midwest and Mid-Atlantic for more than a week is now headed to the South, as the more northern regions face severe storms and widespread floods, NPR reported. As of Sunday, more than 123 million people across multiple U.S. states were under heat advisories including South Dakota, Nebraska, Kansas, Oklahoma, Iowa, Missouri, Arkansas, Louisiana, Florida, Connecticut, Pennsylvania, New York, New Jersey, Delaware, Virginia, Maryland and North Carol
As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June’s extreme weather. The Forecast: According to AccuWeather, several major population centers will see extreme heat this week. Chicago is forecasted to experience temperatures exceeding 90 degrees through Friday, similar to the heatwaves seen in 2022 and 2023. No rain is expected for the week. Fellow Midwestern cities Detroit, Cleveland and Cincinnati will see temperatures in the mid-to-high 90s through Friday. On the East Coast, temperatures are expected to be even higher. New York City is forecasted to reach the mid-90s, Philadelphia will cl
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing up 0.6% at 19,576 points and reaching new all-time highs as tech stocks drive broader market gains. The S&P 500 also recorded its fourth straight positive day, rising 0.2% to a record closing level of 5,433 points, rebounding from a morning dip caused by disappointing unemployment claims data. In the afternoon, traders regained confidence in risky assets after U.S. Treasury Secretary Janet Yellen expressed optimism about continued progress in disinflation. While Yellen noted easing labor market pressures, she emphasized that the job market remains strong. The market anticipates a rate cut in
WAUKESHA, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) -- 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 for the full-year 2024. Third Quarter 2024 Highlights Net sales were $1.17 billion during the third quarter of 2024 as compared to $1.07 billion in the prior-year third quarter, an increase of approximately 10%. Core sales, which excludes both the impact of acquisitions and foreign currency, increased approximately 9% from the prior year period. Residential prod
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 following link: https://register.vevent.com/register/BIabec574e36cc43abb7ea58d0150702c4. Individuals that wish to listen via telephone will be given dial-in information. The conference call
WAUKESHA, Wis., Aug. 5, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of Ageto, a leading provider of microgrid controllers that seamlessly integrate, optimize and manage distributed conventional resources, renewable energy resources and electric vehicle (EV) chargers in the commercial & industrial (C&I) market. The transaction closed on August 1, 2024. Terms of the deal were not disclosed. "This acquisition enhances our abilit
WAUKESHA, Wisc., July 31, 2024 (GLOBE NEWSWIRE) -- 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 second quarter ended June 30, 2024 and provided an update on its outlook for the full-year 2024. Second Quarter 2024 Highlights Net sales were $998 million during the second quarter of 2024 as compared to $1.00 billion in the prior-year second quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, was approximately flat from the prior year period. Residential product sales increased approximately 8% to
WAUKESHA, Wis., July 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE:GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its second quarter 2024 financial results before the market opens on Wednesday, July 31, 2024. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release. The conference call can be accessed at the following link: https://register.vevent.com/register/BIda289d036c8c4968881c6413359be673. Individuals that wish to listen via telephone will be given dial-in information. The conference call will also b
Strategic move strengthens Generac's position in commercial and industrial battery energy storage systems market WAUKESHA, Wis., June 27, 2024 /PRNewswire/ -- Generac Power Systems (NYSE:GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc., a leading engineering, procurement and construction (EPC) company for energy storage. PowerPlay specializes in providing turnkey Battery Energy Storage Systems (BESS) solutions tailored for commercial and industrial (C&I) projects up to 7 MWh.
WAUKESHA, Wis., May 01, 2024 (GLOBE NEWSWIRE) -- 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 first quarter ended March 31, 2024 and provided an update on its outlook for the full-year 2024. First Quarter 2024 Highlights Net sales increased to $889 million during the first quarter of 2024 as compared to $888 million in the prior-year first quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, was down approximately 1% from the prior year period. Residential product sales increased approximately
WAUKESHA, Wisc., April 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE:GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its first quarter 2024 financial results before the market opens on Wednesday, May 1, 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 following link: https://register.vevent.com/register/BI89e9055e99cf4666a33a0c6ec76e63df. Individuals that wish to listen via telephone will be given dial-in information. The conference call will also
WAUKESHA, Wis., Feb. 14, 2024 (GLOBE NEWSWIRE) -- 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 fourth quarter and full-year ended December 31, 2023 and initiated its outlook for the full-year 2024. Fourth Quarter 2023 Highlights Net sales increased 1% to $1.06 billion during the fourth quarter of 2023 as compared to $1.05 billion in the prior-year fourth quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, were approximately flat from the prior year period. Residential product sales increased 1
WAUKESHA, Wis., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE:GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its fourth quarter and full-year 2023 financial results before the market opens on Wednesday, February 14, 2024. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release. The conference call can be accessed at the following link: https://register.vevent.com/register/BIedddb843f9564021bf0d57eb7e31888f. Individuals that wish to listen via telephone will be given dial-in information. The confe
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