Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Graco Inc. (NYSE: GGG) closed the day trading at $82.00 down -0.68% from the previous closing price of $82.56. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 0.65 million shares were traded. GGG stock price reached its highest trading level at $83.41 during the session, while it also had its lowest trading level at $81.87.
Ratios:
For a better understanding of GGG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on October 05, 2023, initiated with a Neutral rating and assigned the stock a target price of $73.
Seaport Research Partners Upgraded its Neutral to Buy on February 02, 2023, while the target price for the stock was maintained at $82.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 29 ’24 when Rothe Christian E sold 10,000 shares for $91.02 per share. The transaction valued at 910,190 led to the insider holds 25,583 shares of the business.
JOHNSON DALE D sold 63,510 shares of GGG for $5,950,595 on Mar 15 ’24. The Chief Comm Development Officer now owns 159,615 shares after completing the transaction at $93.70 per share. On Mar 13 ’24, another insider, Wordell Angela F, who serves as the Executive VP, Operations of the company, sold 3,588 shares for $93.60 each. As a result, the insider received 335,827 and left with 12,725 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGG now has a Market Capitalization of 13912038400 and an Enterprise Value of 13293370368. As of this moment, Graco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.30, and their Forward P/E ratio for the next fiscal year is 25.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.43 while its Price-to-Book (P/B) ratio in mrq is 5.94. Its current Enterprise Value per Revenue stands at 6.16 whereas that against EBITDA is 20.246.
Stock Price History:
The Beta on a monthly basis for GGG is 0.83, which has changed by 0.026796937 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, GGG has reached a high of $94.77, while it has fallen to a 52-week low of $69.78. The 50-Day Moving Average of the stock is -9.82%, while the 200-Day Moving Average is calculated to be -0.79%.
Shares Statistics:
Over the past 3-months, GGG traded about 721.24K shares per day on average, while over the past 10 days, GGG traded about 778200 shares per day. A total of 167.95M shares are outstanding, with a floating share count of 167.41M. Insiders hold about 1.02% of the company’s shares, while institutions hold 87.96% stake in the company. Shares short for GGG as of 1713139200 were 1560279 with a Short Ratio of 2.16, compared to 1710460800 on 1633197. Therefore, it implies a Short% of Shares Outstanding of 1560279 and a Short% of Float of 1.2.
Dividends & Splits
GGG’s forward annual dividend rate is 0.98, up from 0.98 a year ago. Against a Trailing Annual Dividend Yield of 0.011870156The stock’s 5-year Average Dividend Yield is 1.17. The current Payout Ratio is 32.64% for GGG, which recently paid a dividend on 2024-04-12 with an ex-dividend date of 1712880000. Stock splits for the company last occurred on 2017-12-28 when the company split stock in a 3:1 ratio.
Earnings Estimates
Graco Inc. (GGG) is currently under the scrutiny of 9.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.78 for the current quarter, with a high estimate of $0.82 and a low estimate of $0.75, while EPS last year was $0.75. The consensus estimate for the next quarter is $0.8, with high estimates of $0.82 and low estimates of $0.75.
Analysts are recommending an EPS of between $3.35 and $2.97 for the fiscal current year, implying an average EPS of $3.1. EPS for the following year is $3.3, with 11.0 analysts recommending between $3.61 and $3.17.
Revenue Estimates
9 analysts predict $568.34M in revenue for the current quarter. It ranges from a high estimate of $578.7M to a low estimate of $555.29M. As of the current estimate, Graco Inc.’s year-ago sales were $559.64MFor the next quarter, 9 analysts are estimating revenue of $558.62M. There is a high estimate of $572.6M for the next quarter, whereas the lowest estimate is $536.77M.
A total of 12 analysts have provided revenue estimates for GGG’s current fiscal year. The highest revenue estimate was $2.27B, while the lowest revenue estimate was $2.15B, resulting in an average revenue estimate of $2.22B. In the same quarter a year ago, actual revenue was $2.2BBased on 12 analysts’ estimates, the company’s revenue will be $2.33B in the next fiscal year. The high estimate is $2.4B and the low estimate is $2.25B.
