Generac Holdings (GNRC, Financial) experienced a significant stock price surge of 5.03%, trading at $179.32 per share. The trading volume reached 688,510 shares, with a turnover rate of 1.16% and a volatility of 4.52%.
Recent earnings reports revealed that Generac Holdings achieved revenues of $1.174 billion, a net profit of $114 million, and earnings per share (EPS) of $1.91. The company reported a gross profit of $448 million, with a price-to-earnings (P/E) ratio of 37.29.
Regarding institutional ratings, 46% of the 26 involved institutions recommended buying, 38% advised holding, and 16% suggested selling the stock. Within the commercial equipment services sector, where Generac operates, the overall industry gain was 2.22%.
Related stocks in the industry such as Xometry, Inc., Cummins, and Laser Photonics Corporation saw significant gains, whereas Nuburu, Inc., Serve Robotics Inc., and Nano Nuclear Energy Inc. showed high activity levels. Xometry, Inc. had a volatility of 23.70%, Nuburu, Inc. at 20.02%, and another stock at 15.05%.
Generac Holdings Inc. designs and manufactures power generation equipment for residential, commercial, and industrial markets. Their product line includes standby generators, portable generators, lighting, outdoor power equipment, and clean energy solutions, with a majority of sales generated in the United States.
