Do Wall Street Analysts Like Generac Holdings Stock?

Generac Holdings Inc. (GNRC) is a leading player in backup power, designing and manufacturing equipment and solutions for homes, businesses, and industries. Its wide range includes generators, energy storage systems, and digital energy management tools. Generac operates a vertically integrated structure that covers R&D, manufacturing, and global distribution. The company’s main office is situated in Waukesha, Wisconsin. Generac currently has a market capitalization of $8.57 billion. 

Generac’s stock has been turbulent on Wall Street. A relatively milder weather season, without significant events that drive demand for backup generators, has weighed on the stock’s performance. Over the past 52 weeks, the stock has declined by 20.4%, while it is down 23.4% over the past three months. Generac’s shares had reached a 52-week high of $203.25 in August, but are down 28.2% from that level.