Generac Holdlings Takes Off After Analyst Gives Buy Rating

Generac Holdlings rose 5.2% during the afternoon session to $95.86 per share. As reported by Barrons: "Shares of Generac Holdings were rising after analysts at Janney Montgomery Scott initiated coverage on the stock with a Buy rating. They see growth opportunities in clean energy for the generator company. Janney analysts, led by Sean Milligan, put a fair value estimate of $160 on the stock" You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

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 belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 21.46 and an average price to book (P/B) ratio of 3.7. In contrast, Generac Holdlings has a trailing 12 month P/E ratio of 14.4 and a P/B ratio of 2.6.

Generac Holdlings has moved -73.7% over the last year compared to -20.1% for the S&P 500 -- a difference of -53.6%. Generac Holdlings has a 52 week high of $357.15 and a 52 week low of $86.29. At today's price of $95.86 per share, Generac Holdlings is -35.49% away from its target price of $148.6, and on average, analysts give the stock a rating of buy. 9.7% of the company's shares are linked to short positions, and 94.7% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.