Generac Rises On Unusually High Volume (GNRC)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Generac Holdings (NYSE: GNRC) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up 99 cents (+2.9%) at $34.85 as of 4:01 p.m. ET.

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Generac has a market cap of $2.36 billion and is part of the industrial goods sector and industrial industry. Shares are down 1.3% year to date as of the close of trading on Thursday.

Generac Holdings Inc. designs, manufactures, and markets a range of generators and other engine powered products for the residential, light commercial, industrial, and construction markets in the United States Canada, and Mexico. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Generac as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Generac Ratings Report.

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