Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Generac Holdings Inc before investing.

In this article, we go over a few key elements for understanding Generac Holdings Inc’s stock price such as:

• Generac Holdings Inc’s current stock price and volume
• Why Generac Holdings Inc’s stock price changed recently
• Upgrades and downgrades for GNRC from analysts
• GNRC’s stock price momentum as measured by its relative strength

About Generac Holdings Inc (GNRC)

Before we jump into Generac Holdings Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Generac Holdings Inc. is an energy technology solutions company. The Company provides backup and prime power generation products for residential and commercial and industrial applications, solar plus battery storage systems, energy monitoring and management devices and services, and engine and battery-powered tools and equipment. It operates through two segments: Domestic and International. The Domestic segment includes the legacy Generac business and the acquisitions that are based in the United States and Canada. The International segment includes acquisitions not based in the United States and Canada. Both segments design and manufacture a range of energy technology solutions and other power products. Its product offerings consist primarily of power generation equipment, energy storage systems, energy management devices and solutions, and other power products geared for varying end customer uses. Its residential automatic standby generators range in output from 7.5kW to 150kW.

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Generac Holdings Inc’s Stock Price as of Market Close

As of July 26, 2024, 4:00 PM, CST, Generac Holdings Inc’s stock price was $159.43.

Generac Holdings Inc is up 4.35% from its previous closing price of $152.78.

During the last market session, Generac Holdings Inc’s stock traded between $150.61 and $156.75. Currently, there are 59.85 million shares of Generac Holdings Inc stock available for purchase.

Generac Holdings Inc’s price-earnings (P/E) ratio is currently at 42.1, which is high compared to the Electrical Components & Equipment industry median of 21.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Generac Holdings Inc Stock Price History

Generac Holdings Inc’s (GNRC) price is currently up 20.58% so far this month.

During the month of July, Generac Holdings Inc’s stock price has reached a high of $161.80 and a low of $132.64.

Over the last year, Generac Holdings Inc has hit prices as high as $161.80 and as low as $79.86. Year to date, Generac Holdings Inc’s stock is up 58.38%.

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What Caused Generac Holdings Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 25, 2024, there was 1 analyst who downgraded Generac Holdings Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Generac Holdings Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Generac Holdings Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Generac Holdings Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Generac Holdings Inc (GNRC) by visiting AAII Stock Evaluator.

Relative Price Strength of Generac Holdings Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 25, 2024, Generac Holdings Inc has a weighted four-quarter relative price strength of -0.17%, which translates to a Momentum Score of 62 and is considered to be Strong.

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Generac Holdings Inc Stock Price: Bottom Line

As of July 26, 2024, Generac Holdings Inc’s stock price is $159.43, which is up 4.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Generac Holdings Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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