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.
In the latest session, Graco Inc. (NYSE: GGG) closed at $83.13 down -6.96% from its previous closing price of $89.35. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 1.6 million shares were traded. GGG stock price reached its highest trading level at $85.12 during the session, while it also had its lowest trading level at $82.61.
Ratios:
For a deeper understanding of Graco Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.22. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 15056254976 and an Enterprise Value of 13332064256. As of this moment, Graco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.69, and their Forward P/E ratio for the next fiscal year is 24.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48 while its Price-to-Book (P/B) ratio in mrq is 6.02. Its current Enterprise Value per Revenue stands at 6.178 whereas that against EBITDA is 20.379.
Stock Price History:
Over the past 52 weeks, GGG has reached a high of $94.77, while it has fallen to a 52-week low of $68.78. The 50-Day Moving Average of the stock is -8.78%, while the 200-Day Moving Average is calculated to be 0.54%.
Shares Statistics:
For the past three months, GGG has traded an average of 695.25K shares per day and 714160 over the past ten days. A total of 167.95M shares are outstanding, with a floating share count of 166.47M. Insiders hold about 1.02% of the company’s shares, while institutions hold 88.52% stake in the company. Shares short for GGG as of 1713139200 were 1560279 with a Short Ratio of 2.24, 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
According to the company, the forward annual dividend rate for GGG is 0.98, from 0.96 in the trailing year. Against a Trailing Annual Dividend Yield of 0.010744264The stock’s 5-year Average Dividend Yield is 1.17.
