Graco Inc [GGG] stock is trading at $88.65, down -1.63%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GGG shares have lost -0.51% over the last week, with a monthly amount glided 0.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Graco Inc [NYSE: GGG] stock has seen the most recent analyst activity on October 05, 2023, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $73. On February 02, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $82 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $61 on July 14, 2022. William Blair upgraded its rating to a Outperform. Morgan Stanley started tracking with a Equal-Weight rating for this stock on March 31, 2021, and assigned it a price target of $75. In a note dated January 19, 2021, Jefferies upgraded an Buy rating on this stock but restated the target price of $90.
Graco Inc [GGG] stock has fluctuated between $77.49 and $94.77 over the past year. Currently, Wall Street analysts expect the stock to reach $103 within the next 12 months. Graco Inc [NYSE: GGG] shares were valued at $88.65 at the most recent close of the market. An investor can expect a potential return of 16.19% based on the average GGG price forecast.
Analyzing the GGG fundamentals
Graco Inc [NYSE:GGG] reported sales of 2.13B for the trailing twelve months, which represents a drop of -3.79%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.06 points at the first support level, and at 87.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.63, and for the 2nd resistance point, it is at 90.62.
Ratios To Look Out For
For context, Graco Inc’s Current Ratio is 4.47. As well, the Quick Ratio is 3.25, while the Cash Ratio is 2.12. Considering the valuation of this stock, the price to sales ratio is 7.02, the price to book ratio is 5.96 and price to earnings (TTM) ratio is 31.33.
Transactions by insiders
Recent insider trading involved O’Shea Peter J, President, WW LED, Pres SCA, that happened on Dec 03 ’24 when 15000.0 shares were sold. President, EMEA, Chambers Caroline M completed a deal on Dec 03 ’24 to sell 8280.0 shares. Meanwhile, Officer O’Shea Peter J bought 15000.0 shares on Dec 03 ’24.
