Is John Hancock Multifactor Small Cap ETF (JHSC) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2024
0mins
Should l Buy GNRC?
Source: NASDAQ.COM
Overview of John Hancock Multifactor Small Cap ETF: Launched in 2017, the John Hancock Multifactor Small Cap ETF (JHSC) offers exposure to small-cap blend stocks and aims to outperform traditional market cap weighted indexes through smart beta strategies, with a current asset size of over $496 million and an expense ratio of 0.42%.
Performance and Comparison with Other ETFs: JHSC has shown a return of approximately 24.27% over the past year, but investors may also consider lower-cost alternatives like the iShares Russell 2000 ETF and iShares Core S&P Small-Cap ETF, which have significantly lower expense ratios and larger asset bases.
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Analyst Views on GNRC
Wall Street analysts forecast GNRC stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 209.210
Low
184.00
Averages
207.67
High
240.00
Current: 209.210
Low
184.00
Averages
207.67
High
240.00
About GNRC
Generac Holdings Inc. is a global designer, manufacturer, and provider of energy technology solutions. The Company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products serving the residential, light commercial, and industrial markets. The Company operates through two segments: Domestic and International. The Domestic segment includes the legacy Generac business and the acquisitions that are based in the United States and Canada. The International segment includes acquisitions not based in the United States and Canada. It designs and manufactures stationary, portable, and mobile power generators with single-engine outputs ranging between 800W and 3,250kW. Its residential automatic standby generators range in output from 7.5kW to 150kW, which predominantly operate on natural gas and liquid propane, and are permanently installed with an automatic transfer switch.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GENERAC HOLDINGS INC TO RESTRUCTURE INTO RESIDENTIAL AND COMMERCIAL & INDUSTRIAL SEGMENTS, ACCORDING TO SEC FILING
Company Overview: Generac Holdings is involved in segments that are both residential and commercial, focusing on power generation and energy solutions.
Reorganization Context: The company is undergoing a reorganization process, which is significant for its operational structure and future strategy.
Legal Proceedings: Generac has filed for Chapter 11 bankruptcy protection, indicating financial restructuring efforts to address its obligations.
Impact on Stakeholders: The reorganization and filing may affect various stakeholders, including employees, investors, and customers, as the company navigates its financial challenges.
See More
Meta Ordered to Pay $375 Million for Child Exploitation Violations
- Legal Judgment Impact: A New Mexico jury ruled that Meta violated child protection laws, ordering the company to pay $375 million, which represents approximately 0.625% of its nearly $60 billion revenue in Q4, potentially negatively impacting its financials.
- Appeal Plans: A Meta spokesperson stated that the company intends to appeal the verdict, indicating dissatisfaction with the legal outcome, which may lead to increased future legal costs and affect the company's reputation.
- Market Reaction Muted: Despite facing significant legal challenges, Meta's stock price showed little movement in after-hours trading, reflecting a relatively subdued market reaction that may indicate investor confidence in the company's long-term profitability.
- Additional Legal Suits: Meta is also facing another lawsuit in Los Angeles, accusing it and YouTube of misleading users about app safety, which could further increase the company's legal and compliance pressures.
See More
Generac Launches New 46-Liter Diesel Generators for Critical Applications
- Performance Enhancement: Generac's newly launched SD1250 and SD1500 diesel generators feature a powerful Perkins 5012 46-liter engine, significantly improving fuel efficiency and reducing emissions to meet high power demands in critical applications, thereby enhancing the company's competitiveness in the industrial market.
- Market Demand Fulfillment: Designed for mission-critical environments such as data centers, healthcare facilities, and heavy industrial sectors, the new generators combine cutting-edge packaging technology with proven durability to ensure reliability and performance under the most adverse conditions, addressing the urgent need for efficient energy solutions in the market.
- Supply Chain Advantage: Generac offers competitive open generator set lead times of 30-36 weeks, ensuring the ability to meet increasing market demand while showcasing its robust supply chain resilience, further solidifying its leadership position in the energy technology solutions sector.
- Future Development Strategy: As part of Generac's broader industrial energy portfolio, the new generators reflect the company's mission to evolve towards more resilient, efficient, and sustainable energy solutions, empowering businesses to build reliable future-ready energy infrastructure to tackle today's instability and tomorrow's growing demands.
See More
Generac Launches New 46-Liter Diesel Generators for Critical Applications
- Performance Enhancement: Generac's newly launched SD1250 and SD1500 diesel generators feature the powerful Perkins 5012 46-liter engine, which not only improves fuel efficiency but also reduces emissions, ensuring reliability in critical environments and meeting the power demands of high-demand sectors like data centers and healthcare facilities.
- Technological Innovation: The new generators utilize a modern common rail fuel system and Marathon MagnaMax alternators, significantly lowering fuel consumption and harmonics while providing stable power output, enhancing operational capability under extreme conditions, ensuring functionality even at 50°C.
- Flexible Configuration: The new products offer flexible voltage options up to 4160V for diverse industrial applications, and are equipped with a redundant starting system to eliminate single points of failure, thereby enhancing overall system reliability and safety.
- Market Responsiveness: Generac commits to competitive open generator set lead times of 30-36 weeks, ensuring the ability to meet increasing market demand, further solidifying its leadership position in the industrial energy solutions sector.
See More
Latest Rating Changes on Wall Street
- Morgan Stanley Bullish on Alibaba: Morgan Stanley upgrades Alibaba to a top pick, emphasizing that owning in-house chips significantly enhances its chances of becoming an AI leader, despite facing near-term earnings pressure, the long-term outlook remains positive.
- Wells Fargo Double Upgrades Occidental: Wells Fargo upgrades Occidental from underweight to overweight with a $69 target price, citing its peer-leading capital efficiency trends in the Permian as a significant opportunity, albeit with associated risks.
- Citi Maintains Buy on Delta Air: Citigroup reaffirms its buy rating on Delta Air and issues a positive 30-day catalyst watch, believing that recent macro shocks and fuel price volatility have been largely priced into airline stocks with minimal fuel exposure.
- UBS Upgrades Aptiv to Buy: UBS raises Aptiv's rating from hold to buy, anticipating that the upcoming Versigent spin-off will unlock substantial value, setting a target price of $97.
See More
Dublin Data Center First to Use Independent Microgrid in Europe
- Microgrid Innovation: The Dublin facility, a collaboration between AVK and Pure Data Centre Group, establishes Europe's first independent microgrid data center with an estimated total investment of €1 billion, aimed at addressing power connection delays and promoting sustainable development in data centers.
- Rising Energy Demand: The European Commission estimates that by 2040, at least €1.2 trillion will be needed to meet growing energy demands, with data centers consuming 22% of Ireland's power in 2024, highlighting their pressure on the national grid.
- Policy Changes Impact: The Irish government has eased the moratorium on new data center applications, mandating that new facilities provide dispatchable power or energy storage capacity, which promotes the adoption of microgrids and reflects a reassessment of the AI industry's potential.
- Market Growth Potential: The global microgrid market is projected to reach $29 billion by 2025, with Europe's market expected to grow nearly 10% annually, providing new investment opportunities for companies like AVK and driving technological advancements in the data center sector.
See More
GENERAC HOLDINGS INC TO RESTRUCTURE INTO RESIDENTIAL AND COMMERCIAL & INDUSTRIAL SEGMENTS, ACCORDING TO SEC FILING
Company Overview: Generac Holdings is involved in segments that are both residential and commercial, focusing on power generation and energy solutions.
Reorganization Context: The company is undergoing a reorganization process, which is significant for its operational structure and future strategy.
Legal Proceedings: Generac has filed for Chapter 11 bankruptcy protection, indicating financial restructuring efforts to address its obligations.
Impact on Stakeholders: The reorganization and filing may affect various stakeholders, including employees, investors, and customers, as the company navigates its financial challenges.
See More
Meta Ordered to Pay $375 Million for Child Exploitation Violations
- Legal Judgment Impact: A New Mexico jury ruled that Meta violated child protection laws, ordering the company to pay $375 million, which represents approximately 0.625% of its nearly $60 billion revenue in Q4, potentially negatively impacting its financials.
- Appeal Plans: A Meta spokesperson stated that the company intends to appeal the verdict, indicating dissatisfaction with the legal outcome, which may lead to increased future legal costs and affect the company's reputation.
- Market Reaction Muted: Despite facing significant legal challenges, Meta's stock price showed little movement in after-hours trading, reflecting a relatively subdued market reaction that may indicate investor confidence in the company's long-term profitability.
- Additional Legal Suits: Meta is also facing another lawsuit in Los Angeles, accusing it and YouTube of misleading users about app safety, which could further increase the company's legal and compliance pressures.
See More
Generac Launches New 46-Liter Diesel Generators for Critical Applications
- Performance Enhancement: Generac's newly launched SD1250 and SD1500 diesel generators feature a powerful Perkins 5012 46-liter engine, significantly improving fuel efficiency and reducing emissions to meet high power demands in critical applications, thereby enhancing the company's competitiveness in the industrial market.
- Market Demand Fulfillment: Designed for mission-critical environments such as data centers, healthcare facilities, and heavy industrial sectors, the new generators combine cutting-edge packaging technology with proven durability to ensure reliability and performance under the most adverse conditions, addressing the urgent need for efficient energy solutions in the market.
- Supply Chain Advantage: Generac offers competitive open generator set lead times of 30-36 weeks, ensuring the ability to meet increasing market demand while showcasing its robust supply chain resilience, further solidifying its leadership position in the energy technology solutions sector.
- Future Development Strategy: As part of Generac's broader industrial energy portfolio, the new generators reflect the company's mission to evolve towards more resilient, efficient, and sustainable energy solutions, empowering businesses to build reliable future-ready energy infrastructure to tackle today's instability and tomorrow's growing demands.
See More
Generac Launches New 46-Liter Diesel Generators for Critical Applications
- Performance Enhancement: Generac's newly launched SD1250 and SD1500 diesel generators feature the powerful Perkins 5012 46-liter engine, which not only improves fuel efficiency but also reduces emissions, ensuring reliability in critical environments and meeting the power demands of high-demand sectors like data centers and healthcare facilities.
- Technological Innovation: The new generators utilize a modern common rail fuel system and Marathon MagnaMax alternators, significantly lowering fuel consumption and harmonics while providing stable power output, enhancing operational capability under extreme conditions, ensuring functionality even at 50°C.
- Flexible Configuration: The new products offer flexible voltage options up to 4160V for diverse industrial applications, and are equipped with a redundant starting system to eliminate single points of failure, thereby enhancing overall system reliability and safety.
- Market Responsiveness: Generac commits to competitive open generator set lead times of 30-36 weeks, ensuring the ability to meet increasing market demand, further solidifying its leadership position in the industrial energy solutions sector.
See More
Latest Rating Changes on Wall Street
- Morgan Stanley Bullish on Alibaba: Morgan Stanley upgrades Alibaba to a top pick, emphasizing that owning in-house chips significantly enhances its chances of becoming an AI leader, despite facing near-term earnings pressure, the long-term outlook remains positive.
- Wells Fargo Double Upgrades Occidental: Wells Fargo upgrades Occidental from underweight to overweight with a $69 target price, citing its peer-leading capital efficiency trends in the Permian as a significant opportunity, albeit with associated risks.
- Citi Maintains Buy on Delta Air: Citigroup reaffirms its buy rating on Delta Air and issues a positive 30-day catalyst watch, believing that recent macro shocks and fuel price volatility have been largely priced into airline stocks with minimal fuel exposure.
- UBS Upgrades Aptiv to Buy: UBS raises Aptiv's rating from hold to buy, anticipating that the upcoming Versigent spin-off will unlock substantial value, setting a target price of $97.
See More
Dublin Data Center First to Use Independent Microgrid in Europe
- Microgrid Innovation: The Dublin facility, a collaboration between AVK and Pure Data Centre Group, establishes Europe's first independent microgrid data center with an estimated total investment of €1 billion, aimed at addressing power connection delays and promoting sustainable development in data centers.
- Rising Energy Demand: The European Commission estimates that by 2040, at least €1.2 trillion will be needed to meet growing energy demands, with data centers consuming 22% of Ireland's power in 2024, highlighting their pressure on the national grid.
- Policy Changes Impact: The Irish government has eased the moratorium on new data center applications, mandating that new facilities provide dispatchable power or energy storage capacity, which promotes the adoption of microgrids and reflects a reassessment of the AI industry's potential.
- Market Growth Potential: The global microgrid market is projected to reach $29 billion by 2025, with Europe's market expected to grow nearly 10% annually, providing new investment opportunities for companies like AVK and driving technological advancements in the data center sector.
See More
