Generac Holdings Inc
GNRC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$317.00 | Wxvgx | Gzkxtkbq |
Generac: Framing Recent Texas Power Outages Within a Larger Context
We are raising our fair value estimate for narrow-moat Generac to $126 from $117 following recent power outage activity and after revisiting our long-term modeling assumptions. The bulk of the valuation uplift is from a slightly higher long-term earnings growth assumption in our DCF model. We view shares as slightly overvalued.