5 Worst Performing S&P 500 Stocks in April

NYSE: GNRC | Generac Holdlings Inc. News, Ratings, and Charts

GNRC – With record-high inflation, upcoming aggressive Federal Reserve rate hikes, and other macroeconomic headwinds, the S&P 500 index reported its worst performance since March 2020. S&P 500 stocks Generac Holdings (GNRC), Etsy (ETSY), NVIDIA (NVDA), Align Technology (ALGN), and Netflix (NFLX) were the worst performers last month.

The U.S. markets are under significant pressure so far this year amid lingering record-high inflation and aggressive rate hike expectations. The consequent dampened investor sentiment is evident from the SPDR S&P 500 Trust ETF’s (SPY) 10.7% decline over the past month.

Deutsche Bank economists are convinced a major recession is on the horizon and expect it to be worse than estimated. As a result, the S&P 500 index delivered its worst performance since March 2020 last month.

S&P 500 index constituents Generac Holdings Inc. (GNRC), Etsy, Inc. (ETSY), NVIDIA Corporation (NVDA), Align Technology, Inc. (ALGN), and Netflix, Inc. (NFLX) were the worst-performing stocks in April.

Generac Holdings Inc. (GNRC)

GNRC designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential and light commercial and industrial markets worldwide. The company offers engines, alternators, batteries, electronic controls, steel enclosures, etc.

GNRC’s net sales for the fourth quarter ended December 31, 2021, came in at $1.07 billion, up 40.2% year-over-year. However, its total operating expenses came in at $187.06 million, up 44.8% year-over-year. Moreover, its total comprehensive income came in at $146.75 million, down 3.9% year-over-year. Its cash and cash equivalents came in at $147.34 million, for the period ended December 31, 2021, compared to $655.13 million for the period ended December 31, 2020.

In terms of forward EV/S, GNRC’s 3.00x is 86.9% higher than the industry average of 1.60x. Moreover, its forward P/S of 2.80x is 115.4% higher than the industry average of 1.30x.

Over the past month, the stock has declined 31.7% to close Friday’s trading session at $219.38.

GNRC’s POWR Ratings reflect its poor prospects. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

The stock has a D grade for Momentum and Stability. Click here to access the additional POWR Ratings for GNRC (Growth, Value, Sentiment, and Quality). GNRC is ranked #67 of 76 stocks in the Industrial – Machinery industry.

Etsy, Inc. (ETSY)

ETSY operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com, which connects artisans and entrepreneurs with various consumers.

On April 11, 2022, around 14,000 ETSY workers started striking to protest the company’s hike in transaction fees from 5% to 6.5%. This could affect the company’s future productivity.

ETSY’s revenue for the fourth quarter ended December 31, 2021, came in at $717.14 million, up 16.2% year-over-year. However, its cash and cash equivalents came in at $780.20 million for the period ended December 31, 2021, compared to $1.24 billion for the period ended December 31, 2020. Also, its total current assets came in at $1.34 billion compared to $1.89 billion for the same period. The company’s net long-term debt came in at $2.28 billion compared to $1.06 billion, also for the same period.

In terms of forward EV/S, ETSY’s 4.84x is 333.7% higher than the industry average of 1.12x. Moreover, its forward P/S of 4.31x is 351.5% higher than the industry average of 0.95x.

Analysts expect ETSY’s EPS to decline at a rate of 3.8% to $3.27 in 2022. Moreover, the stock lost 34.8% over the past month to close Friday’s session at $93.19.

ETSY has an overall D grade, equating to a Sell in our POWR Ratings system. Also, it has a D grade for Growth, Value, Stability, and Sentiment.

We’ve also rated it for Momentum and Quality. Click here to access all the ETSY ratings. It is ranked #44 of 72 stocks in the F-rated Internet industry.

NVIDIA Corporation (NVDA)

NVDA provides graphics, computing, and networking solutions in the United States, Taiwan, China, and internationally. Its segments are Graphics and Compute & Networking. The company has a strategic collaboration with Kroger Co.

NVDA’s revenue came in at $7.64 billion for the fourth quarter ended January 30, 2022, up 52.8% year-over-year. However, its total operating expenses came in at $2.03 billion, up 23% year-over-year. The company’s long-term debt came in at $10.95 billion, for the period ended January 30, 2022, compared to $5.96 billion for the period ended January 31, 2021. Its total current liabilities came in at $4.33 billion compared to $3.92 billion for the same period.

NVDA’s forward EV/S of 13.09x is 340.9% higher than the industry average of 2.97x. Its forward P/S of 13.36x is 339.4% higher than the industry average of 3.04x.

Over the past month, NVDA declined 35.3% to close Friday’s session at $185.47.

NVDA’s POWR Ratings are consistent with this bleak outlook. The stock has a D grade for Value and Stability.

We also have graded NVDA for Growth, Momentum, Sentiment, and Quality. Click here to access all of NVDA’s ratings. It is ranked #56 of 96 stocks in the Semiconductor & Wireless Chip industry.

Align Technology, Inc. (ALGN)

ALGN, a medical device company, designs, manufactures and markets Invisalign clear aligners, iTero intraoral scanners, and services for orthodontists, general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments- Clear Aligner; and Scanners and Services. 

ALGN’s net revenues came in at $973.22 million for the fiscal 2022 first quarter ended March 31, 2022, up 8.8% year-over-year. However, its total operating expenses came in at $511.26 million, up 13.2% year-over-year. Its net income came in at $134.30 million, down 33% year-over-year. In addition, its EPS came in at $1.70, down 32.3% year-over-year.

In terms of forward EV/S, ALGN’s 5.05x is 38.6% higher than the industry average of 3.64x. Moreover, its forward P/S of 5.29x is also higher than the industry average of 4.69x by 12.6%.

ALGN’s EPS is expected to decline at the rate of 6.1% to $10.53 in 2022. Also, the stock lost 36% over the past month to close Friday’s session at $289.91.

Under the POWR Ratings, ALGN has been accorded a D grade for Momentum. Click here to access the additional POWR Ratings for ALGN (Growth, Value, Stability, Sentiment, and Quality). It is ranked #50 of 156 stocks in the Medical – Devices & Equipment industry.

Netflix, Inc. (NFLX)

NFLX provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. It provides DVDs-by-mail membership services in the U.S. and has approximately 222 million paid members in 190 countries.

On April 13, 2022, Maple Heights filed a class-action lawsuit against NFLX, arguing that the company must pay franchise fees to municipalities like cable companies. A recent fall in subscribers might create further pressure for the company in the near term.

NFLX’s revenues came in at $7.87 billion for the fiscal 2022 first quarter ended March 31, 2022, up 9.8% year-over-year. However, its net income came in at $1.60 billion, down 6.4% year-over-year. Its EPS came in at $3.53, down 5.9% year-over-year. Moreover, its cash and cash equivalents came in at $6.01 billion for the period ended March 31, 2022, compared to $6.03 billion for the period ended December 31, 2021.

NFLX’s forward EV/S of 2.96x is 40.5% higher than the industrial average of 2.10x. Its forward P/S of 2.61x is 79.7% higher than the industry average of 1.45x.

NFLX’s EPS is estimated to fall 12.2% to $2.80 in the quarter ended September 2022. Over the past month, the stock lost 51.4% to close Friday’s session at $190.36.

According to our POWR Ratings, NFLX has a D grade for Momentum. Click here to check additional NFLX ratings. It is ranked #19 of 72 stocks in the F-rated Internet industry.


GNRC shares were trading at $222.08 per share on Monday morning, up $2.70 (+1.23%). Year-to-date, GNRC has declined -36.89%, versus a -13.29% rise in the benchmark S&P 500 index during the same period.


About the Author: Riddhima Chakraborty


Riddhima is a financial journalist with a passion for analyzing financial instruments. With a master's degree in economics, she helps investors make informed investment decisions through her insightful commentaries. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
GNRCGet RatingGet RatingGet Rating
ETSYGet RatingGet RatingGet Rating
NVDAGet RatingGet RatingGet Rating
ALGNGet RatingGet RatingGet Rating
NFLXGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


:  |  News, Ratings, and Charts

Should You Be Worried About $200 Oil?

One of the biggest challenges facing the economy is the rising price of oil. Already, it’s starting to eat into consumer spending and exacerbating other inflationary pressures. However, investors should prepare themselves for a world with much higher oil prices. In this article, we will explore some reasons that oil prices could surge even higher and strategies investors can use to profit in this scenario. Read on below to find out more…

:  |  News, Ratings, and Charts

3 Defensive Stocks to Consider Buying During the Market Downturn

The Fed’s aggressive interest rate increases to fight high inflation has raised concerns about a potential recession. During times of market turmoil, companies in defensive sectors will likely perform better than the broader market owing to inelastic demand for their products. Thus, we think it could be profitable now to bet on shares of defensive companies CVS Health (CVS), PepsiCo (PEP), and Albertsons (ACI). Read on.

:  |  News, Ratings, and Charts

5 Beaten-Down Tech Stocks That Are Screaming Buys

Concerns over the hawkish Fed and increasing odds of the economy slipping into recession have caused a broad-based sell-off in the stock markets over the past few weeks. However, this offers entry opportunities in beaten-down tech stocks VMware (VMW), Jabil (JBL), Fujitsu (FJTSY), Semtech (SMTC), and Cirrus Logic (CRUS), which possess solid fundamentals.

:  |  News, Ratings, and Charts

3 High-Quality Dividend Aristocrats to Buy in May

The stock market is experiencing heightened volatility and given the Fed’s aggressive monetary stance to tame inflation, stocks might tumble further in price before hitting a bottom. Hence, we think dividend aristocrats W.W. Grainger (GWW), Target Corp. (TGT), and Cintas Corp. (CTAS) could be quality additions to one’s portfolio now. Read on.

:  |  News, Ratings, and Charts

5 Beaten-Down Tech Stocks That Are Screaming Buys

Concerns over the hawkish Fed and increasing odds of the economy slipping into recession have caused a broad-based sell-off in the stock markets over the past few weeks. However, this offers entry opportunities in beaten-down tech stocks VMware (VMW), Jabil (JBL), Fujitsu (FJTSY), Semtech (SMTC), and Cirrus Logic (CRUS), which possess solid fundamentals.

Read More Stories

More Generac Holdlings Inc. (GNRC) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All GNRC News