Latest news with #GeneracHoldings
Yahoo
7 days ago
- Business
- Yahoo
Generac Holdings (GNRC) Up 10.3% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Generac Holdings (GNRC). Shares have added about 10.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Generac Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. It turns out, estimates revision have trended downward during the past month. The consensus estimate has shifted -19.39% due to these changes. At this time, Generac Holdings has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Generac Holdings has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months. Generac Holdings belongs to the Zacks Manufacturing - General Industrial industry. Another stock from the same industry, Graco Inc. (GGG), has gained 3.7% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025. Graco reported revenues of $528.28 million in the last reported quarter, representing a year-over-year change of +7.3%. EPS of $0.70 for the same period compares with $0.65 a year ago. Graco is expected to post earnings of $0.78 per share for the current quarter, representing a year-over-year change of +1.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.4%. Graco has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Generac Holdings Inc. (GNRC) : Free Stock Analysis Report Graco Inc. (GGG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
28-05-2025
- Business
- Business Insider
Stephens Sticks to Their Buy Rating for Generac Holdings (GNRC)
Stephens analyst maintained a Buy rating on Generac Holdings (GNRC – Research Report) yesterday and set a price target of $175.00. The company's shares closed yesterday at $126.06. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Generac Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $153.07, implying a 21.43% upside from current levels. In a report released on May 18, Stifel Nicolaus also reiterated a Buy rating on the stock with a $195.00 price target.
Associated Press
21-05-2025
- Business
- Associated Press
Generac Wins Two Red Dot Design Awards for Recent Product Launches
Generac XG Series and PWRcell2 receive prestigious, global recognition in product design WAUKESHA, Wis., May 21, 2025 /PRNewswire/ -- Generac Holdings (NYSE: GNRC) proudly announces that the product launches for Generac XG Series and PWRcell2 have been recognized for their exceptional product design in the 2025 Red Dot Design Awards. These awards come as a major milestone for Generac, signaling that the company stands out among the very best branding and design on a global scale. Since 1954, the Red Dot Design Awards have recognized products with outstanding form, function and innovation. Winners are given a Red Dot Label, published in a standard-setting exhibition and used as a model for industry and consumers alike. Awards are decided by a jury of international experts including designers, professors and specialist journalists from various fields. Products are evaluated on quality of functionality, aesthetics, usability and responsibility. 'Generac is committed to improving power by design and putting consumers at the center of everything we do. We are honored to be recognized for our user-friendly design and reliable products,' said Generac President and CEO Aaron Jagdfeld. Generac products that earned the award this year include: XG Protector Series The Generac XG Protector Series is a home-standby generator designed with a focus on minimalism, efficiency, and aesthetics for both residential and commercial use. The design emphasizes a clean, streamlined appearance that integrates seamlessly into its environment. By optimizing material usage and tooling processes, we achieved a more efficient, environmentally conscious design while maintaining structural integrity and performance. The result is a visually appealing generator that combines form and function, offering reliable power backup with a refined, modern look. PWRcell2 We designed Generac PWRcell2 to meet the increasing need for dependable and sustainable energy storage solutions. Recognizing the growing concerns about energy reliability and the demand for improved energy management, we focused on developing a system that excels in performance while also integrating seamlessly into various environments. Our modular design provides scalability, allowing users to expand the system as their energy requirements evolve. We prioritized a form that harmonizes functionality with aesthetic considerations, ensuring that our product integrates seamlessly into a range of spaces without attracting undue attention. PWRcell2 is part of an integrated home energy ecosystem that includes solar, the ecobee by Generac Smart Thermostat Enhanced Generac's Level 2 EV Chargers and our line of home standby generators. 'The reliable XG Protector Series and innovative PWRcell2 are the result of massive cross-functional efforts between Generac's industrial design, research, engineering product and management teams,' said Generac Senior VP Global Product Management and Industrial Design Randy Sandlin. 'We are excited to be among the very best in product design around the world.' For more information about the Red Dot Design Award, visit About Red Dot Design Awards The Red Dot Design Award is one of the largest design competitions in the world. Initiated by Prof. Dr. Peter Zec in the 1990s, the Product Design Award is given to outstanding products with aesthetically pleasing, functional, sustainable and innovative design. Being awarded with the Red Dot signifies belonging to the best in design and business amongst international and domestic competitors. Excellent design is selected by expert juries in the fields of product design, communication design and design concepts. About Generac Generac Holdings, Inc. (NYSE: GNRC) is a total energy solutions company that empowers people to use energy on their own terms. Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. The Company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products serving the residential, light commercial, and industrial markets. Generac introduced the first affordable backup generator and later created the automatic home standby generator category. The Company continues to expand its energy technology offerings for homes and businesses in its mission to Power a Smarter World and lead the evolution to more resilient, efficient, and sustainable energy solutions. Media Contact: Jonathan Stern [email protected] | (312) 402-7167 View original content to download multimedia: SOURCE Generac Power Systems, Inc.
Associated Press
19-05-2025
- Business
- Associated Press
Introducing ecobee by Generac Smart Thermostat Enhanced with Home Energy Management
New solution seamlessly connects ecobee smart thermostats with Generac Home Standby Generators and PWRcell 2 Solar Battery Storage Solution WAUKESHA, Wis., May 19, 2025 /PRNewswire/ -- Generac Holdings Inc. (NYSE: GNRC), a global leader in energy solutions, today announced the launch of ecobee by Generac Smart Thermostat Enhanced with Home Energy Management, an all-new smart thermostat that integrates with Generac Home Standby Generators and Generac PWRcell 2 Solar Battery Storage Solutions to improve real-time system visibility and make home energy management more seamless for homeowners. At a time when Americans are seeing both rising energy costs and more frequent power outages – with 1.5 billion hours of outages taking place in 2024 alone – ecobee by Generac Smart Thermostat Enhanced with Home Energy Management is the latest in Generac's suite of residential energy technology solutions that provide reliable, more efficient, and better managed energy solutions. 'As energy costs climb and power outages escalate, we're bringing together Generac Home Standby Generators and ecobee smart thermostats into one integrated solution that helps adapt automatically to homeowners' energy needs, and deliver significant energy savings, increased comfort and control,' said Kyle Raabe, President of Consumer Power at Generac. ecobee by Generac Smart Thermostat Enhanced with Home Energy Management intelligently manages HVAC systems to not only optimize home energy consumption but also reduce the size of the backup system required. This new all-in-one solution eliminates the need for additional hardware, ultimately reducing total installation costs and improving overall system affordability. ecobee by Generac Smart Thermostat Enhanced is also outfitted with advanced occupancy sensing technology that reacts to homeowners' habits, delivering effortless energy and cost savings of up to 26%* on annual heating and cooling bills. 'We're excited to be able to provide homeowners greater control and confidence in managing comfort in their homes without compromise,' said Greg Fyke, President and CEO of ecobee. 'With the launch of our new Smart Thermostat Enhanced with Home Energy Management, we not only intelligently optimize heating and cooling in the home but also coordinate electrical loads during generator startup to keep the lights on during an outage.' June 2025 Availability Beginning next month, ecobee by Generac Smart Thermostat Enhanced with Home Energy Management will be available to order through Generac's extensive dealer network. Additionally, Generac's new PWRcell 2 Solar Battery Storage Solution will begin shipping in the coming months. The new solution elevates the standard for solar battery storage, providing capability for significant electricity bill savings by storing energy from solar panels and providing reliable backup power during outages. Each PWRcell 2 system includes an ecobee by Generac Smart Thermostat Enhanced for intuitive in-home monitoring and energy consumption optimization. For more information on boosting home energy independence, visit to locate your nearest authorized installer. With over 10,000 and growing providers nationwide, potential buyers and current home energy system owners can enjoy these next-gen solutions. *Compared to a hold of 72°F/22°C. Actual savings will vary based on several factors, such as use, weather, and energy costs. About Generac Generac is a total energy solutions company that empowers people to use energy on their own terms. Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. The Company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products serving the residential, light commercial, and industrial markets. Generac introduced the first affordable backup generator and later created the automatic home standby generator category. The Company continues to expand its energy technology offerings for homes and businesses in its mission to Power a Smarter World and lead the evolution to more resilient, efficient, and sustainable energy solutions. For more information about Generac, visit About ecobee ecobee Inc. was founded in 2007 with a mission to improve everyday life while creating a more sustainable world. Today, ecobee continues to innovate with smart home solutions that solve everyday problems with comfort, security, and conservation in mind. With ecobee's devices and services, ecobee continues to encourage Smart Owners to imagine what home could be. In 2021, ecobee joined Generac Holdings Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions, and other power products. Generac and ecobee share a vision to deliver a cleaner and more sustainable energy future for customers and communities. The Generac and ecobee home of the future will be more comfortable, secure, resilient, and efficient. For more information about ecobee, visit Media Contact: Jonathan Stern [email protected] | (312) 402-7167 View original content to download multimedia: SOURCE Generac Power Systems, Inc.
Reuters
08-04-2025
- Business
- Reuters
Generac's new line of generators targets growing data center demand
April 8 (Reuters) - Power equipment maker Generac Holdings (GNRC.N), opens new tab said on Tuesday that it was launching new generators with its biggest capacity offering till date in North America, designed for data centers as the company sees rising demand from the segment. The expected build-out of the centers has raised concerns around how well an aging U.S. electrical grid can hold up to that demand, with electricity consumption likely to hit record highs. Additionally, older generators that run on fossil fuels are being retired and new generation and power lines are often stuck in large queues to be connected to the gird, which tightens the supply-demand balance. Generac's new generators for the North American market, which range from 2.25 megawatts (MW) to 3.25 MW, are a step up from its current maximum capacity of 2 MW, said Ricardo Navarro, senior vice president and general manager of the company's global telecom and data center infrastructure section. The company, which currently serves smaller data center demand, has already received commitments for the new generators for this year and the next, Navarro said in an interview with Reuters. In Generac's fourth quarter earnings for 2024, the company reported a better-than-expected profit due to higher power outages and severe weather impacts from hurricanes Helene and Milton. Big storms typically create a burst of new business for the Waukesha, Wisconsin-based company, whose generators are designed to be permanently fixed and switched on automatically whenever there's a power outage. Due to the overall high demand for backup power options, most companies are constrained in that they are not able to supply as much as is needed and as quickly, Navarro highlighted. "With more than half of our factories being in the U.S., we have shorter lead times," he said, adding that the company's flexible supply chain would be able to navigate through the challenges the new tariffs pose.
