J. Michael Jones Generac Holdings (NYSE: GNRC ) has been one of the worst-performing stocks over the past year, declining by 73% from its high of $329 to its low of $86. But, the company’s long-term growth thesis looks intact, driven by the massive changes in the energy, utility, and automotive sectors, which cause changes to the grid. The climate-related uncertainty and damage have spotlighted unreliable power supply for homes and businesses. The company’s sky-high valuation has vanished, and any sell-off in the market may present a buying opportunity if the stock dips below $100. The stock looks fully valued based on the valuation metrics such as the GAAP PE ratios. But, a discounted cash flow model estimates a per-share value of $149, a 22% upside potential. A slowdown in revenue growth was inevitable, but long-term prospects are still bright Generac started seeing a slowdown in growth rate in the middle of 2022, during its Q2 2022 quarter . The company saw its residential product sales growth decelerate considerably in Q3 2022. Residential product sales grew by 9% y/y in Q3 2022 compared to a growth rate of 49% in Q2 2022 and 43% in Q1 2022. The company’s […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
