EPS for Royal Bank of Canada (RY) Expected At $1.52; Kestrel Investment Management Cut Its Generac Holdings (GNRC) Stake

November 15, 2017 - By Dolores Ford

Analysts expect Royal Bank of Canada (NYSE:RY) to report $1.52 EPS on November, 29 before the open.They anticipate $0.22 EPS change or 16.92% from last quarter’s $1.3 EPS. RY’s profit would be $2.23 billion giving it 12.90 P/E if the $1.52 EPS is correct. After having $1.41 EPS previously, Royal Bank of Canada’s analysts see 7.80% EPS growth. The stock decreased 0.11% or $0.09 on November 14, reaching $78.45. About shares traded. Royal Bank of Canada (NYSE:RY) has risen 16.29% since November 15, 2016 and is uptrending. It has underperformed by 0.41% the S&P500.

Kestrel Investment Management Corp decreased Generac Holdings Inc (GNRC) stake by 4.51% reported in 2017Q2 SEC filing. Kestrel Investment Management Corp sold 9,600 shares as Generac Holdings Inc (GNRC)’s stock declined 12.93%. The Kestrel Investment Management Corp holds 203,175 shares with $7.34 million value, down from 212,775 last quarter. Generac Holdings Inc now has $3.08 billion valuation. The stock decreased 0.36% or $0.18 during the last trading session, reaching $49.54. About shares traded. Generac Holdings Inc. (NYSE:GNRC) has risen 0.51% since November 15, 2016 and is uptrending. It has underperformed by 16.19% the S&P500.

Investors sentiment decreased to 0.74 in 2017 Q2. Its down 0.41, from 1.15 in 2017Q1. It turned negative, as 32 investors sold GNRC shares while 73 reduced holdings. 27 funds opened positions while 51 raised stakes. 57.82 million shares or 2.95% less from 59.58 million shares in 2017Q1 were reported. 2.29 million were accumulated by Jpmorgan Chase And Communication. Vanguard Group reported 5.14M shares or 0.01% of all its holdings. Herndon Lc has 0% invested in Generac Holdings Inc. (NYSE:GNRC) for 172 shares. Pnc Financial reported 0% stake. Invesco has invested 0.01% in Generac Holdings Inc. (NYSE:GNRC). Cwm Ltd Liability owns 48,751 shares. Kj Harrison & Prns stated it has 0.21% in Generac Holdings Inc. (NYSE:GNRC). Bancorp Of Montreal Can has invested 0.01% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). California State Teachers Retirement stated it has 109,018 shares. Glenmede Co Na holds 770 shares. First Tru Advisors Limited Partnership owns 186,597 shares. Atria Invs Ltd Liability owns 11,368 shares. The Massachusetts-based Boston Ptnrs has invested 0.01% in Generac Holdings Inc. (NYSE:GNRC). Clearbridge Invs Ltd Liability Company has 875 shares. United Kingdom-based Ahl Llp has invested 0.07% in Generac Holdings Inc. (NYSE:GNRC).

Among 10 analysts covering Generac Holdings (NYSE:GNRC), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Generac Holdings had 28 analyst reports since August 7, 2015 according to SRatingsIntel. Northcoast initiated the stock with “Neutral” rating in Wednesday, December 30 report. The firm has “Overweight” rating given on Monday, October 2 by KeyBanc Capital Markets. Canaccord Genuity maintained the shares of GNRC in report on Friday, September 8 with “Hold” rating. Bank of America maintained the stock with “Buy” rating in Monday, October 23 report. On Thursday, October 26 the stock rating was maintained by Canaccord Genuity with “Hold”. Canaccord Genuity maintained Generac Holdings Inc. (NYSE:GNRC) on Monday, April 24 with “Hold” rating. Oppenheimer maintained Generac Holdings Inc. (NYSE:GNRC) on Thursday, August 3 with “Hold” rating. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, February 15. The stock of Generac Holdings Inc. (NYSE:GNRC) earned “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, April 5. The stock has “Hold” rating by SunTrust on Thursday, October 12.

Analysts await Generac Holdings Inc. (NYSE:GNRC) to report earnings on February, 13. They expect $1.20 earnings per share, up 7.14% or $0.08 from last year’s $1.12 per share. GNRC’s profit will be $74.61M for 10.32 P/E if the $1.20 EPS becomes a reality. After $0.93 actual earnings per share reported by Generac Holdings Inc. for the previous quarter, Wall Street now forecasts 29.03% EPS growth.

Royal Bank of Canada , is a diversified financial services company. The company has market cap of $114.98 billion. The Firm provides personal and commercial banking, wealth management services, insurance, investor services and capital markets services and products on a global basis. It has a 13.64 P/E ratio. The Firm serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.

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By1 Dolores Ford

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