Are Wall Street Analysts Bullish on Generac Holdings Stock?

Wisconsin-based Generac Holdings Inc. (GNRC) designs, manufactures and distributes various energy technology products and solutions. Valued at a market cap of $10.7 billion, the company’s product includes engines, alternators, transfer switches, mobile heaters, water pumps, energy monitoring devices, and other components of outdoor power equipment for residential and commercial use.

Shares of this power company have significantly outpaced the broader market over the past 52 weeks. GNRC has soared 62.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 31.1%. Moreover, on a YTD basis, the stock is up 42%, compared to the SPX’s 24.7% gain.