Stock events for Generac Holdings, Inc. (GNRC)
Generac's shares have gained 15.8% in the past year, outperforming its industry. However, the stock declined 6.1% on May 1st following its Q1 earnings report due to investor concerns over a cautious fiscal 2024 growth forecast. Generac reported strong Q3 2024 net sales, which grew 9% year-over-year, leading to raised full-year 2024 sales guidance. The company is scheduled to report its third-quarter 2025 results on October 29, 2025.
Demand Seasonality affecting Generac Holdings, Inc.’s stock price
Demand for Generac's products is influenced by weather-related events and power outages, with severe natural disasters leading to increased demand for backup power solutions. The 'home as a sanctuary' mega-trend and expansion into solar and battery storage systems also contribute to sustained demand for Generac's offerings.
Overview of Generac Holdings, Inc.’s business
Generac Holdings Inc. is an American manufacturer specializing in backup power generation products for residential, light commercial, and industrial markets, operating within the Industrials sector. Founded in 1959, Generac has evolved into a global provider of energy technology solutions, offering generators, energy storage solutions, energy management products, and other power products distributed through a broad network.
GNRC’s Geographic footprint
Generac Holdings Inc. has a significant global presence, operating in over 150 countries. Headquartered in Waukesha, Wisconsin, it has manufacturing facilities in multiple Wisconsin cities and operates extensively across North America, with key offices and subsidiaries in the UK, Mexico, Brazil, and Italy.
GNRC Corporate Image Assessment
Generac's brand reputation generally underperforms its industry peers in terms of news coverage. Product launches, strategic partnerships, financial performance, and sustainability efforts influence Generac's reputation and market perception. A partnership with John Galt Solutions in October 2024 to enhance its global supply chain planning demonstrates a commitment to operational efficiency.
Ownership
Institutional investors have shown increasing interest in Generac Holdings Inc., with firms like Freedom Investment Management Inc., Moran Wealth Management LLC, and Matrix Asset Advisors Inc. NY increasing their holdings. Conversely, Prime Capital Investment Advisors LLC sold shares of Generac Holdings Inc.
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$163.75
