Generac Holdings Inc (GNRC): Today's Featured Industrial Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Generac Holdings ( GNRC) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Generac Holdings fell $4.35 (-7.4%) to $54.53 on heavy volume. Throughout the day, 3,483,744 shares of Generac Holdings exchanged hands as compared to its average daily volume of 748,900 shares. The stock ranged in price between $53.82-$58.04 after having opened the day at $55.19 as compared to the previous trading day's close of $58.88. Other companies within the Industrial industry that declined today were: Capstone Turbine ( CPST), down 13.6%, General Cable ( BGC), down 10.3%, Nacco Industries ( NC), down 9.0% and Intelligent Systems ( INS), down 6.3%.

Generac Holdings Inc. designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, and construction markets in the United States, Canada, and internationally. Generac Holdings has a market cap of $4.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Generac Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Generac Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Research Frontiers ( REFR), up 5.0%, 3D Systems ( DDD), up 4.9%, Altair Nanotechnologies ( ALTI), up 4.8% and Hollysys Automation Technologies ( HOLI), up 4.4% , were all gainers within the industrial industry with Eaton ( ETN) being today's featured industrial industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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