Generac Holdings Inc. (GNRC) CEO Sells $1,026,800.00 in Stock

Generac Holdings Inc. (NYSE:GNRC) CEO Aaron Jagdfeld sold 20,000 shares of the stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $51.34, for a total value of $1,026,800.00. Following the transaction, the chief executive officer now owns 883,571 shares in the company, valued at approximately $45,362,535.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aaron Jagdfeld also recently made the following trade(s):

Get Generac alerts: On Friday, June 1st, Aaron Jagdfeld sold 20,000 shares of Generac stock. The stock was sold at an average price of $50.40, for a total value of $1,008,000.00.

NYSE:GNRC traded up $0.14 during trading hours on Tuesday, reaching $51.64. 178,500 shares of the company were exchanged, compared to its average volume of 450,947. The company has a market capitalization of $3.20 billion, a P/E ratio of 15.19, a P/E/G ratio of 2.13 and a beta of 1.58. Generac Holdings Inc. has a 1-year low of $35.51 and a 1-year high of $53.78. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.10 and a quick ratio of 1.04.

Generac (NYSE:GNRC) last issued its quarterly earnings results on Wednesday, May 2nd. The technology company reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.10. The business had revenue of $397.60 million for the quarter, compared to the consensus estimate of $390.66 million. Generac had a return on equity of 45.91% and a net margin of 10.37%. The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 earnings per share. sell-side analysts anticipate that Generac Holdings Inc. will post 3.75 EPS for the current fiscal year.

A number of brokerages have recently weighed in on GNRC. Robert W. Baird lowered Generac from an “outperform” rating to a “neutral” rating and set a $60.00 target price on the stock. in a research note on Thursday, May 24th. ValuEngine lowered Generac from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. SunTrust Banks increased their target price on Generac from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, March 28th. Finally, Zacks Investment Research upgraded Generac from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research note on Friday, May 4th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. Generac presently has an average rating of “Hold” and a consensus price target of $52.73.

Large investors have recently modified their holdings of the stock. Stevens Capital Management LP acquired a new stake in Generac during the first quarter worth approximately $213,000. Financial Gravity Wealth Inc. acquired a new stake in Generac during the first quarter worth approximately $212,000. Prime Capital Investment Advisors LLC acquired a new stake in shares of Generac in the 4th quarter valued at $243,000. Point72 Asia Hong Kong Ltd acquired a new stake in shares of Generac in the 1st quarter valued at $242,000. Finally, Sciencast Management LP acquired a new stake in shares of Generac in the 4th quarter valued at $283,000. 97.86% of the stock is currently owned by institutional investors and hedge funds.

About Generac

Generac Holdings Inc designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide. The company offers engines, alternators, transfer switches, and other components fueled by natural gas, liquid propane, gasoline, diesel, and bi-fuel.

Brokerages Anticipate Brink’s (BCO) to Post $0.76 EPS

Wall Street brokerages predict that Brink’s (NYSE:BCO) will post earnings per share (EPS) of $0.76 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Brink’s’ earnings, with the lowest EPS estimate coming in at $0.74 and the highest estimate coming in at $0.77. Brink’s reported earnings per share of $0.64 in the same quarter last year, which suggests a positive year over year growth rate of 18.8%. The company is expected to issue its next quarterly earnings results on Wednesday, July 25th.

On average, analysts expect that Brink’s will report full year earnings of $3.77 per share for the current year, with EPS estimates ranging from $3.75 to $3.81. For the next financial year, analysts anticipate that the firm will post earnings of $5.02 per share, with EPS estimates ranging from $4.47 to $5.30. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Brink’s.

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Brink’s (NYSE:BCO) last released its earnings results on Wednesday, April 25th. The business services provider reported $0.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The company had revenue of $853.00 million during the quarter, compared to analyst estimates of $802.83 million. Brink’s had a net margin of 0.12% and a return on equity of 39.12%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 EPS.

BCO has been the subject of several analyst reports. TheStreet raised shares of Brink’s from a “c+” rating to a “b-” rating in a report on Tuesday, June 12th. Zacks Investment Research raised shares of Brink’s from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, April 10th. ValuEngine raised shares of Brink’s from a “hold” rating to a “buy” rating in a report on Friday, April 6th. Finally, Buckingham Research started coverage on shares of Brink’s in a report on Monday, March 26th. They issued a “buy” rating and a $100.00 target price for the company. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $96.80.

Brink’s traded up $1.00, hitting $80.75, during midday trading on Wednesday, MarketBeat Ratings reports. The stock had a trading volume of 400,234 shares, compared to its average volume of 475,567. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 26.67, a P/E/G ratio of 1.08 and a beta of 1.78. Brink’s has a 52-week low of $66.10 and a 52-week high of $88.10. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 3.10.

In other Brink’s news, SVP Rohan Pal sold 1,295 shares of the stock in a transaction that occurred on Friday, June 1st. The shares were sold at an average price of $78.70, for a total transaction of $101,916.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael F. Beech sold 4,625 shares of the stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of $78.67, for a total transaction of $363,848.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,280 shares of company stock valued at $2,641,009. Insiders own 2.48% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. UBS Asset Management Americas Inc. grew its holdings in Brink’s by 5.1% during the 4th quarter. UBS Asset Management Americas Inc. now owns 35,327 shares of the business services provider’s stock valued at $2,780,000 after buying an additional 1,714 shares in the last quarter. Liberty Mutual Group Asset Management Inc. bought a new position in shares of Brink’s during the 4th quarter valued at approximately $1,009,000. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Brink’s during the 4th quarter valued at approximately $4,329,000. Guggenheim Capital LLC boosted its position in shares of Brink’s by 1,784.5% during the 4th quarter. Guggenheim Capital LLC now owns 107,077 shares of the business services provider’s stock valued at $8,427,000 after acquiring an additional 101,395 shares during the last quarter. Finally, BlackRock Inc. boosted its position in shares of Brink’s by 3.3% during the 4th quarter. BlackRock Inc. now owns 5,669,576 shares of the business services provider’s stock valued at $446,196,000 after acquiring an additional 182,730 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

About Brink’s

The Brink's Company provides secure transportation, cash management, and other security-related services worldwide. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.