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MarketScreener Homepage  >  Equities  >  Nyse  >  Generac Holdings Inc.    GNRC

GENERAC HOLDINGS INC. (GNRC)
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Generac : Amazing Generators Has Now Become A Major Player In The Generator Market Of North America; With 20 Million Annual Sales At Sight, The Company Has Recently Become An Authorized Dealer For Generac Power Systems & Two Other Major Generator Manufacturers

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02/19/2018 | 10:30am EST

Amazing Generators has proudly announced that it has recently signed an agreement with Generac Power Systems to be their authorized dealers in the United States and Puerto Rico. The company sells portable generators, inverters as well as other power equipment online throughits website www.amazinggenerators.com. Moreover, the company is also authorized to sell Champion Power Equipment as well as DuroMax Equipment.

"Having these three major dealerships is a major achievement and we take great pride in offering only the best generators and power equipment online to our valued clients," said the spokesperson of Amazing Generators. "Founded in 2009, Amazing Generators is part of YACTUAL LLC, which is an online investment company that was created back in 2013 by our Founder and CEO, YN," he added. According to the spokesperson, the latest sales statistics for last month were over 20 million in annual sales by the end of 2018.

In 2017 Amazing Generators donated to the people of Puerto Rico in an effort lead by the Boston Federal Reserve Bank 4 Champion Generators to help the victims that needed it the most.

"The 3800w are superb and issued the first one to a Baptist Church in Loiza that feeds the community on a daily basis for dinner! Thank you so much! Your donation is making a major difference!" says Juan De Jesus.

According to the company's founder and CEO, YN, Amazing Generators is now considered to be a major player in the North American market for Generators and power equipment, while the second biggest market for the company is Puerto Rico. Amazing Generators is an ecommerce business that sells Portable Generators and inverters across the US and Puerto Rico. Moreover, the company has acquired authorized dealership from the largest generator manufacturers in the US including Generac, Champion, and DuroMax.

"We offer the world's greatest generators and the most competitive price in the US market because we have the best shipping rates to Puerto Rico that no one can match," said YN, while sharing his thoughts regarding his company. According to the CEO, the number of sales hit their peak after Hurricane Maria and half of Puerto Rico is still without electricity.

For more information, please visit:

www.AmazingGenerators.com

Media Contact

Company Name: Amazing Generators

Contact Person: Youssef Nasser (YN)

Email: info@amazinggenerators.com

Phone: 858 500 3616

Country: United States

Website: www.amazinggenerators.com

Source: www.abnewswire.com

.

(C) 2018 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2018 2 004 M
EBIT 2018 363 M
Net income 2018 222 M
Debt 2018 697 M
Yield 2018 0,01%
P/E ratio 2018 14,62
P/E ratio 2019 14,42
EV / Sales 2018 2,04x
EV / Sales 2019 1,92x
Capitalization 3 397 M
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 61,4 $
Spread / Average Target 12%
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Managers
NameTitle
Aaron Paul Jagdfeld Chairman, President & Chief Executive Officer
York Anthony Ragen Chief Financial & Accounting Officer
Michael W. Harris Finance Director & Investor Relations
Patrick Forsythe Executive Vice President-Global Engineering
John D. Bowlin Independent Director
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