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Shares of Generac Holdings (NASDAQ:GNRC) have earned a consensus rating of “Hold” from the nine ratings firms that are covering the stock, reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $53.50.

Shares of Generac Holdings (NASDAQ:GNRC) opened at 45.72 on Wednesday. Generac Holdings has a 1-year low of $39.01 and a 1-year high of $62.50. The stock has a 50-day moving average of $45.14 and a 200-day moving average of $51.64. The company has a market cap of $3.148 billion and a P/E ratio of 17.36.

Generac Holdings (NASDAQ:GNRC) last released its earnings data on Thursday, July 31st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The company had revenue of $362.60 million for the quarter, compared to the consensus estimate of $364.58 million. During the same quarter in the previous year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Analysts expect that Generac Holdings will post $3.66 EPS for the current fiscal year.

A number of research firms have recently commented on GNRC. Analysts at BMO Capital Markets cut their price target on shares of Generac Holdings from $62.00 to $57.00 in a research note on Friday, August 1st. Separately, analysts at Canaccord Genuity downgraded shares of Generac Holdings from a “buy” rating to a “hold” rating in a research note on Friday, August 1st. They now have a $48.00 price target on the stock, down previously from $52.00. Finally, analysts at Canaccord Genuity cut their price target on shares of Generac Holdings from $62.00 to $52.00 in a research note on Wednesday, July 23rd.

Generac Holdings Inc (NASDAQ:GNRC) is a designer and manufacturer of a range of generators and other engine powered products for the residential, light commercial, industrial and construction markets.

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