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Last $39.62 USD
Change Today -0.38 / -0.95%
Volume 2.0M
GNRC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

generac holdings inc (GNRC) Snapshot

Open
$39.78
Previous Close
$40.00
Day High
$40.00
Day Low
$39.22
52 Week High
05/5/14 - $54.87
52 Week Low
11/6/14 - $38.64
Market Cap
2.7B
Average Volume 10 Days
1.4M
EPS TTM
$2.11
Shares Outstanding
69.1M
EX-Date
06/10/13
P/E TM
18.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for GENERAC HOLDINGS INC (GNRC)

generac holdings inc (GNRC) Related Businessweek News

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generac holdings inc (GNRC) Details

Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, oil and gas, and construction markets in the United States, Canada, and internationally. It offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel. The company provides residential automatic standby generators ranging in output from 6kW to 60kW; air-cooled engine residential standby generators ranging from 6kW to 20kW; and liquid-cooled engine generators with outputs ranging from 22kW to 60kW, as well as industrial diesel generators ranging in sizes up to 3,250kW. It also offers various portable generators ranging in size from 800W to 17,500W; engine driven power washers; and cellular-based remote monitoring system for home standby generators. In addition, the company provides light towers, mobile generators, and flameless heaters; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power small and mid-sized businesses; and industrial generators ranging in output from 10kW up to 3,250kW, which are primarily used as emergency backup for large healthcare, telecom, datacom, commercial office, municipal, and manufacturing customers. Further, the company sells aftermarket service parts to dealers, and proprietary engines to third-party original equipment manufacturers. The company distributes its products through various channels, including independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce merchants, electrical and HVAC wholesalers, catalogs, equipment rental companies, and equipment dealers, as well as directly to end users under the Generac, Magnum, Ottomotores, Tower Light, Powermate, Dewalt, MACTM, and Honeywell brands. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin.

3,198 Employees
Last Reported Date: 02/27/15
Founded in 1959

generac holdings inc (GNRC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $731.1K
Chief Financial Officer and Chief Accounting ...
Total Annual Compensation: $362.7K
Executive Vice President of Community & Exter...
Total Annual Compensation: $392.0K
Executive Vice President of North America
Total Annual Compensation: $371.3K
Executive Vice President of Mobile Products
Total Annual Compensation: $324.5K
Compensation as of Fiscal Year 2014.

generac holdings inc (GNRC) Key Developments

Generac Holdings Inc. Announces Resignation of Terrence J. Dolan, Executive Vice President, Mobile Products, Effective May 18, 2015

On May 1, 2015, Mr. Terrence J. Dolan, Executive Vice President, Mobile Products, notified Generac Holdings Inc. that he was resigning effective May 18, 2015.

Generac Holdings Inc. Reports Un-Audited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Revised Earnings Guidance for the Year 2015

Generac Holdings Inc. reported un-audited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $311.8 million as compared to $342.0 million in the prior-year first quarter, primarily due to a decline in shipments of commercial and industrial products and to a lesser extent, sales of residential products. Net income was $19.7 million, or $0.28 per diluted share, as compared to $34.7 million, or $0.50 per diluted share, for the same period of 2014. Adjusted net income was $34.1 million, or $0.49 per diluted share, as compared to $50.7 million, or $0.72 per diluted share, in the first quarter of 2014. Adjusted EBITDA was $57.1 million as compared to $77.5 million in the first quarter last year. Net cash flow provided by operating activities was $25.3 million as compared to $36.4 million in the prior year quarter. Free cash flow was $18.7 million as compared to $31.4 million in the first quarter of 2014. The company reported income from operations of $44.9 million compared to $65.3 million, income before provision for income taxes of $30.7 million compared to $54.2 million, expenditures for property and equipment of $6.5 million compared to $4.9 million and adjusted net income before provision for income taxes of $39.2 million compared to $60.6 million for the last year. The year-over-year decline in free cash flow was primarily the result of a decline in operating earnings during the current year quarter, partially offset by a reduction in working capital use of cash as compared to the prior year. As a result of current end market conditions, the company is revising its prior guidance for revenue growth and adjusted EBITDA margins for the full year 2015. Net sales for 2015 are now expected to be approximately flat as compared to the prior year, primarily the result of a power outage severity environment that is expected to remain below normal during the first half of the year, with the assumption of a return to more normalized baseline levels of outage activity during the second half. Adjusted EBITDA for 2015 is also expected to be approximately flat as compared to the prior year, resulting in EBITDA margins of approximately 23.0% for the full year. Free cash flow is expected to remain strong for the full year 2015 due to an attractive margin profile, low cost of debt, favorable tax attributes and capital-efficient operating model. Cash income tax rate for full year is expected to be approximately 17% versus the previous expectation of approximately 18%. Gross margins are now expected to improve approximately 75 to 100 basis points over the prior year as compared to the previous expectation to improve by approximately 150 to 175 basis points. Operating expenses as a percentage of net sales, excluding amortization of intangibles, are still expected to increase approximately 75 to 100 basis points as compared to the prior year.

Generac Holdings Inc. to Report Q1, 2015 Results on Apr 30, 2015

Generac Holdings Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 30, 2015

 

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