GNRC
Generac Signs Global Supply Agreement with Leading Hyperscale Data Center Operator to Supply Backup Power
Article Summary
BUY- Generac Holdings Inc. (NYSE: GNRC) announced it has signed a global supply agreement with a leading hyperscale data center operator to supply backup power generators for Generac Holdings's data center infrastructure.
- Reliable backup power is the resilience layer that keeps essential services running through grid disruptions, weather events, and high-demand periods, and the global supply deal was awarded following a rigorous qualification process including multiple factory visits, performance and quality system reviews, and audits across Generac's broader vendor base.
- The agreement positions Generac at the heart of supporting essential services and the digital economy, solidifying its position as a top-tier supplier of large megawatt backup generators.
- Generac has made a series of strategic investments to scale its Commercial & Industrial business and strengthen its global capabilities, including collaboration with EPC Power to deploy fully integrated energy solutions for data center applications worldwide and acquisition of Enercon adding 50 years of expertise in generator enclosures and switchgear for mission-critical applications.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -0.5% | 25% | 0.0 ptsDeclining (-0.5%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 29.2% | 25% | 80.0 ptsVery Good (29.2%) - Good outlook |
| Target Price Upside ? | 4.4% | 20% | 20.0 ptsMinimal Upside (4.4%) - Target: $281.21 vs Current: $269.26 |
| Gross Margin % ? | 36.0% | 15% | 60.0 ptsSolid (36.0%) - Decent margins |
| Drawdown from 52-Wk High ? | -6.2% | 15% | 20.0 ptsBarely a Dip (-6.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About GNRC
- Generac Holdings Inc. designs, manufactures, and distributes energy technology products and solutions worldwide.
- The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine home standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; propane tank monitoring solution; and smart home solutions, such as smart thermostats and a suite of home monitoring products.
- It also provides smart home energy management devices and sensors for heating and cooling system; smart doorbell cameras; and portable and inverter generators; multiple portable battery solutions; manual transfer switches; outdoor power equipment, including trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, and pressure washers and water pumps; and home energy storage systems.
- In addition, the company offers commercial and industrial products comprising cleaner-burning natural gas fueled generators; mega-watt diesel generators; light-commercial standby generators and related transfer switches; stationary generators; single-engine industrial generators; industrial standby generators; industrial transfer switches; light towers, mobile generators, commercial mobile pumps, heaters, and dust-suppression equipment; mobile energy storage systems; battery energy storage system and related inverter products; and aftermarket service parts and product accessories.
- Further, it provides microgrid; and software-as-a-service contracts.
- The company distributes its products through independent residential dealers and contractors, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical/HVAC/solar wholesalers, solar installers, catalogs, equipment rental companies, and other equipment distributors; and directly to end users.
- Generac Holdings Inc. was founded in 1959 and is based in Waukesha, Wisconsin.