Why Generac Holdings (GNRC) Outpaced the Stock Market Today

From Nasdaq:

Generac Holdings (GNRC) stock ended yesterday’s trading session at $117.62, a 1.11% increase from the previous day. The stock has decreased by 3.5% in the past month, underperforming the Computer and Technology sector. Analysts predict that the company’s earnings per share will increase by 17.98% to $2.10.

Investors are awaiting Generac Holdings’ upcoming earnings report, with the company’s EPS projected to rise 17.98% to $2.10. Recent modifications to analyst estimates often signal changing business trends. Generac Holdings currently has a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 15.83.

The Electronics – Power Generation industry has a PEG ratio of 1.58, with an average industry PEG ratio of 1.58. Electronic – Power Generation stocks tend to have a lower Zacks Industry Rank, currently at 222 out of 250, than other industries. Despite this result, higher ranked industries tend to outperform lower ranked industries.

Generac Holdings, in the Electronics – Power Generation sector, had a Zacks Industry Rank of #222 yesterday, indicating it is within the bottom 12% of industries. Using Zacks.com allows traders to stay up to date on stock-shifting metrics for Generac Holding.

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