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Is Generac Holdings (GNRC) Outperforming Other Industrial Products Stocks This Year?
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Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Generac Holdings (GNRC - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Generac Holdings is a member of our Industrial Products group, which includes 186 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Generac Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for GNRC's full-year earnings has moved 9.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, GNRC has returned 55.6% so far this year. In comparison, Industrial Products companies have returned an average of 21.2%. As we can see, Generac Holdings is performing better than its sector in the calendar year.
One other Industrial Products stock that has outperformed the sector so far this year is Zebra Technologies (ZBRA - Free Report) . The stock is up 55.1% year-to-date.
For Zebra Technologies, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Generac Holdings belongs to the Manufacturing - General Industrial industry, which includes 41 individual stocks and currently sits at #55 in the Zacks Industry Rank. On average, stocks in this group have gained 12.4% this year, meaning that GNRC is performing better in terms of year-to-date returns.
On the other hand, Zebra Technologies belongs to the Manufacturing - Thermal Products industry. This 1-stock industry is currently ranked #6. The industry has moved +55.1% year to date.
Investors with an interest in Industrial Products stocks should continue to track Generac Holdings and Zebra Technologies. These stocks will be looking to continue their solid performance.
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Is Generac Holdings (GNRC) Outperforming Other Industrial Products Stocks This Year?
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Generac Holdings (GNRC - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Generac Holdings is a member of our Industrial Products group, which includes 186 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Generac Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for GNRC's full-year earnings has moved 9.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, GNRC has returned 55.6% so far this year. In comparison, Industrial Products companies have returned an average of 21.2%. As we can see, Generac Holdings is performing better than its sector in the calendar year.
One other Industrial Products stock that has outperformed the sector so far this year is Zebra Technologies (ZBRA - Free Report) . The stock is up 55.1% year-to-date.
For Zebra Technologies, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Generac Holdings belongs to the Manufacturing - General Industrial industry, which includes 41 individual stocks and currently sits at #55 in the Zacks Industry Rank. On average, stocks in this group have gained 12.4% this year, meaning that GNRC is performing better in terms of year-to-date returns.
On the other hand, Zebra Technologies belongs to the Manufacturing - Thermal Products industry. This 1-stock industry is currently ranked #6. The industry has moved +55.1% year to date.
Investors with an interest in Industrial Products stocks should continue to track Generac Holdings and Zebra Technologies. These stocks will be looking to continue their solid performance.