Generac Holdings Inc. (GNRC) Faces Negative Growth Potential Amid Industry Challenges

Generac Holdings Inc. (GNRC) is trading at $176.95 with a target price of $132.55, indicating a potential downside of -25.09%. Peers like Parker-Hannifin Corporation (PH) and Illinois Tool Works Inc. (ITW) also face significant potential downsides of -46.85% and -28.04%, respectively. The Middleby Corporation (MIDD) and IDEX Corporation (IEX) present more optimistic growth potentials with upsides of 44.83% and 28.03%, respectively, contrasting with GNRC's negative outlook.

Generac Holdings Inc. (NYSE:GNRC) is a leading manufacturer of backup power generation products for residential, light commercial, and industrial markets. Despite its strong market presence, GNRC is currently trading at $176.95, with a target price of $132.55, indicating a potential downside of -25.09%. This significant negative growth potential has led investment analysts to hold a pessimistic view on GNRC, resulting in its exclusion from coverage.

In comparison, Parker-Hannifin Corporation (PH) is trading at $733.77, with a target price of $389.97, suggesting a potential downside of -46.85%. Similarly, Illinois Tool Works Inc. (ITW) has a current price of $259.50 and a target price of $186.74, reflecting a potential downside of -28.04%. These figures highlight that GNRC is not alone in facing negative growth prospects among its peers.

Dover Corporation (DOV) also faces a significant potential downside of -47.40%, with a current price of $184.07 and a target price of $96.82. Meanwhile, Pentair plc (PNR) and Ingersoll Rand Inc. (IR) show potential downsides of -34.44% and -44.58%, respectively. These companies, like GNRC, are experiencing challenges in maintaining positive growth expectations.

On the other hand, The Middleby Corporation (MIDD) and IDEX Corporation (IEX) present a more optimistic outlook. MIDD, with a current price of $146.62 and a target price of $212.35, has a potential upside of 44.83%, the highest among its peers. IEX also shows a potential upside of 28.03%, indicating a more favorable growth potential compared to GNRC and other peers.

Cummins Inc. (CMI) offers a modest potential upside of 3.34%, with a current price of $366.34 and a target price of $378.58. While not as high as MIDD or IEX, it still presents a more positive outlook than GNRC. These comparisons underscore the varied growth potentials within the industry, with GNRC currently facing a challenging market environment.