Gencor IndustriesGENC
GENC
About: Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.
Employees: 317
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,813% more call options, than puts
Call options by funds: $233K | Put options by funds: $8K
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
11% more capital invested
Capital invested by funds: $136M [Q2] → $151M (+$15.2M) [Q3]
3% more funds holding
Funds holding: 71 [Q2] → 73 (+2) [Q3]
1.77% more ownership
Funds ownership: 56.97% [Q2] → 58.74% (+1.77%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for GENC.
Financial journalist opinion
Neutral
Seeking Alpha
2 months ago
Gencor: Strong Fundamentals, Non-Recurring Headwinds, Continued Growth
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.
Positive
Zacks Investment Research
4 months ago
Gencor (GENC) Q3 Earnings & Revenues Fall Y/Y, Gross Margin Down
Despite strength in the majority of Gencor's (GENC) segments, overall topline declines year over year.
Neutral
GlobeNewsWire
4 months ago
Gencor Releases Third Quarter Fiscal 2024 Results
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.
Positive
Zacks Investment Research
5 months ago
3 Microcaps to Benefit from Federal Highway Spending
The IIJA (Infrastructure Investment and Jobs Act) is a $1.2 trillion investment over a five-year period.
Positive
Zacks Investment Research
7 months ago
Zacks Initiates Coverage of Gencor Industries With Outperform Recommendation
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.
Neutral
GlobeNewsWire
7 months ago
Gencor Releases Second Quarter Fiscal 2024 Results
ORLANDO, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American LLC: GENC) announced today net revenues increased 33.4% to $40,676,000 for the quarter ended March 31, 2024 compared with $30,501,000 for the quarter ended March 31, 2023. Gross profit margins for the quarter ended March 31, 2024 were 30.3% compared with 29.8% for the quarter ended March 31, 2023 on improved absorption on increased production and favorable price realization.
Positive
Zacks Investment Research
9 months ago
Macro Themes Lead to Micro Ideas
Three microcap stocks poised to benefit from macro trends.
Neutral
GlobeNewsWire
10 months ago
Gencor Releases First Quarter Fiscal 2024 Results
ORLANDO, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenues for the quarter ended December 31, 2023 of $26,018,000 increased slightly over net revenues for the quarter ended December 31, 2022 of $25,825,000. Increased revenues from parts sales and contract equipment sales recognized over time were mostly offset by decreased revenues from contract equipment sales recognized at a point in time. As a percent of sales, gross profit margins improved to 29.0% in the quarter ended December 31, 2023, compared to 22.5% in the quarter ended December 31, 2022 on improved manufacturing efficiencies and favorable price realization.
Neutral
GlobeNewsWire
1 year ago
Gencor Releases Fourth Quarter and Fiscal Year 2023 Results
ORLANDO, Fla., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenue for the fourth quarter of 2023 of $20.9 million compared to $23.1 million for the quarter ended September 30, 2022. The change in net revenue reflects reduced shipments on point-in-time contract orders due to timing of customer shipments. Gross profit as a percentage of net revenue was 31.7% for the quarter ended September 30, 2023, an increase from 21.5% for the quarter ended September 30, 2022, due to increased parts sales at higher margins, improved efficiency, absorption, and favorable price realization.
Charts implemented using Lightweight Charts™