Key Details
Price
$21.61Last Dividend
$0.02Annual Revenue
$105.08 MAnnual EPS
$1.00Annual ROE
8.42%Beta
1.15Events Calendar
Next earnings date:
Dec 13, 2024Recent quarterly earnings:
Aug 09, 2024Recent annual earnings:
Dec 13, 2023Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 29, 1998Next split:
N/ARecent split:
Aug 02, 2016Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
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Institutional Ownership
Strong fundamentals, including positive net income margins, no debt, and high cash reserves, support continued growth for Gencor, despite a decline in total revenue. The recent gross margin declines, driven by steel prices and overhead absorption, are concerning but should ease as revenue normalizes during their high season, late winter to spring. Historic high backlog of $46.6 million and improved 9-month revenue and net income indicate strong demand for their products.
Despite strength in the majority of Gencor's (GENC) segments, overall topline declines year over year.
ORLANDO, Fla., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenues for the quarter ended June 30, 2024 decreased $2,326,000 to $25,551,000, from $27,877,000 for the quarter ended June 30, 2023. The decrease in revenues was in equipment sales recognized at a point in time and reduced parts sales. The lower revenues reflect the delayed timing of the shipment of orders.
Discover why Zacks rates Gencor Industries as "Outperform", being the first on Wall Street to initiate coverage on the stock. Explore GENC's strategic growth, financial health and market positioning within the infrastructure and manufacturing sectors.
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