WAUKESHA, Wis., July 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its second quarter 2024 financial results before the market opens on Wednesday, July 31, 2024. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release. The conference call can be accessed at the following link: ht ...

Generac Holdings Inc. (GNRC) is strengthening its energy management solutions portfolio by launching its first electric vehicle (EV) charger, a level 2 charger designed for homes and businesses, demonstrating its commitment to innovation and sustainable energy solutions.Citing the Global EV Outlook 2024 report by the International Energy Agency, Generac highlighted that the U.S. EV market is projected to reach an 11% market share in 2024. The new product is likely to help the company gain a higher share in ...

Advanced EV Charging Solution Supports Growing U.S. MarketWAUKESHA, Wis., July 15, 2024 /PRNewswire/ -- Generac Power Systems Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the availability of its first electric vehicle (EV) charger. This state-of-the-art level 2 charger represents another notable solution in Generac's portfolio to help people with energy management, and underscores Generac's commitment to lead ...

One of the best ways to multiply your wealth every summer is by picking up some of the top hurricane stocks to buy.With Hurricane Beryl, we were again reminded of how powerful and destructive hurricanes can be. We’re also reminded of how important it is to get out of their way and safeguard property, as we saw with Texas and Jamaica these. last few days.Unfortunately, we could see many more this season.According to The Weather Channel, the 2024 hurricane season could be one of the most active on record. “Th ...

Generac Holdings (GNRC) recently acquired a division of SunGrid Solutions Inc. — PowerPlay Battery Energy Storage Systems. PowerPlay is one of the leading providers of turnkey battery energy storage systems (BESS) solutions specifically built for commercial and industrial (C&I) initiatives up to 7 MWh. The need for energy storage solutions is driven by several key factors, including the growing adoption of distributed solar, increased electrification of C&I facilities and increasing utility rates. Moreover, ...

文章核心观点 - 通用电力系统(Generac)收购了PowerPlay Battery Energy Storage Systems,这是SunGrid Solutions公司的一个部门,以加强公司在商业和工业电池能源储存系统市场的地位 [1][2] - 这次收购有助于Generac为国内商业和工业客户提供更完整的产品和解决方案生态系统,帮助他们实现能源目标,重点关注韧性、效率和可持续性 [1] - PowerPlay将继续在加拿大剑桥运营,作为Generac商业和工业电池能源储存解决方案的专门研发设施,而SunGrid Solutions将继续专注于10 MWh到1 GWh的能源储存EPC业务 [3] 根据相关目录分别进行总结 公司概况 - Generac是一家领先的能源技术公司,提供备用和主要电源产品以及家庭和商业应用的能源储存系统,以及能源监测和管理设备及服务,以及其他电力产品 [4] - Generac成立于1959年,率先推出了第一款经济实惠的备用发电机,后来创造了家用自动备用发电机类别 [4] - SunGrid是一家领先的工程、采购和施工(EPC)解决方案提供商,专门从事任何规模的综合电池能源储存系统(BESS) [5] 行业概况 - 电池能源储存系统可以通过多种方式存储能源以供后续使用 [2] - 推动电能储存需求的因素包括分布式太阳能的普及、商业和工业设施电气化的增加、电费上涨,以及中央电网可能由于天气、停电或基础设施不足而出现波动 [2] - 电池系统对于商业和工业企业来说至关重要,可以建立一个具有韧性、高效和可持续的现场分布式能源系统 [2] - 7 MWh以下的BESS系统通常部署在零售店、餐厅、办公楼、制造设施和医疗设施等商业和工业企业中 [2]

文章核心观点 - 尽管2023年收入增长率和盈利能力出现大幅下滑,但这些只是短期挑战,而非公司业务模式的结构性问题 [2][3] - 公司有潜力继续扩大市场份额,同时保持良好的再投资效率,将为股东带来稳定的自由现金流 [3] - 目前股价与公司的风险收益特征相符,投资该公司可以获得略高于预期收益率的超额收益 [4] 公司业务模型分析 - 公司主营电机和发电机制造,产品包括备用发电机、电池储能系统、能源监测管理设备和家用充电桩 [5][6][7][8][9][10][11][12][13] - 公司业务分为三大板块:住宅、商业和工业、其他产品和服务 [7] - 公司通过广泛的经销商网络销售产品和服务 [14] - 公司81.4%的收入来自北美市场,18.6%来自国际市场 [15] 财务表现分析 - 2023年公司总收入下降11.9%,低于行业6.6%的增长率 [18] - 过去10年公司收入中值增长率为12.7%,高于行业5.5% [19] - 2023年公司营业利润率为9.6%,与行业中值8.9%持平 [20] - 过去10年公司营业利润率中值为17%,高于行业8.4% [21][23] - 2023年公司毛利率为33.9%,与行业中值35.8%相当 [24] - 2023年公司自由现金流率为10.9%,高于过去10年6.1%的中值 [24][25][26] 再投资和效率分析 - 过去10年公司再投资率中值为6.3%,调整后为8.3% [27] - 2013-2023年公司ROIC中值为14.3%,高于行业11.8% [28] - 销售资本比率中值为1.30,略低于行业1.39 [28] - 近两年效率指标有所下降,主要由于2021年收购Ecobee的影响 [29] 行业概况 - 电气设备行业增长缓慢,毛利率和营业利润率分别为26.8%和8.4% [32] - 公司2023年收入占行业总收入0.5% [33] - 行业主要竞争对手包括施耐德、ABB和伊顿,但公司专注于电机和发电机细分市场 [34][35] - 行业未来10年预计复合增长率为5%,到2033年将达到1.25万亿美元 [36][37][38][41][42] 公司未来增长预测 - 2013-2023年公司收入复合增长率为10.5%,市场份额从0.4%提升至0.5% [43] - 公司未来增长主要来自进一步渗透美国住宅市场,国际市场扩张潜力有限 [44][45][46][47][48] - 预计到2033年公司收入将达到9.9亿美元,复合增长率为9.5% [49] 自由现金流预测 - 随着Ecobee收购影响逐步消除,公司效率指标将恢复历史水平 [50][51] - 预计2033年公司自由现金流将达到600亿美元,复合增长率为3.1% [52][53] 估值分析 - 采用8.6%的折现率,公司股票目标价值为135美元,与当前价格相当 [54][55] - 投资公司股票可获得略高于预期收益率的超额收益 [56]

Generac Holdings Inc. (GNRC) is continuing its upward trajectory, with a gain of 30.8% in the past year compared with the S&P 500 composite’s growth of 29.1%. The sub-industry has declined 24.2% over the same time frame. Headquartered in Waukesha, WI, Generac is a leading manufacturer of backup and prime power generation systems for residential and C&I applications, solar and battery storage solutions, advanced power grid software platforms and services, energy management devices and controls, and engine an ...

Generac Holdings’ (GNRC) subsidiary Mean Green has unveiled the latest addition to the commercial-grade electric mower lineup — the EVO 96. The EVO 96 is available for order at Mean Green dealers nationwide. The new mower is the largest electric zero-turn mower in the world, added the company. It is designed for efficient mowing of large areas like golf courses, parks, and sports fields. The EVO 96 is powered by lithium batteries and features a 96-inch mulching rear discharge deck. The company further added ...

All-new EVO 96 wide-area electric mower is ideal for expansive properties. WAUKESHA, Wis., May 20, 2024 /PRNewswire/ -- Mean Green, a leading battery-powered, commercial-grade turf care manufacturer and a Generac Power Systems (NYSE: GNRC) company, today announced the expansion of its commercial-grade electric mower lineup with its all-new EVO 96, the world's largest electric zero-turn mower. With an innovative 96" deck, commercial mowing across expansive properties such as golf courses, parks, and athletic ...