Graco Inc [GGG] stock prices are up 1.38% to $85.02 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GGG shares have gain 3.32% over the last week, with a monthly amount drifted -3.31%, and not 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 December 19, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $105 for it. Previously, Exane BNP Paribas started tracking the stock with Neutral rating on October 05, 2023, and set its price target to $73. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $82 on February 02, 2023. Robert W. Baird downgraded its rating to a Neutral but $61 remained the price target by the analyst firm on July 14, 2022. William Blair upgraded its rating to Outperform for this stock on December 02, 2021. In a note dated March 31, 2021, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $75 on this stock.
The stock price of Graco Inc [GGG] has been fluctuating between $77.49 and $94.77 over the past year. Currently, Wall Street analysts expect the stock to reach $97 within the next 12 months. Graco Inc [NYSE: GGG] shares were valued at $85.02 at the most recent close of the market. An investor can expect a potential return of 14.09% based on the average GGG price forecast.
Analyzing the GGG fundamentals
The Graco Inc [NYSE:GGG] reported sales of 2.13B for trailing twelve months, representing 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 0.02.
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 84.15 points at the first support level, and at 83.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.58, and for the 2nd resistance point, it is at 86.13.
Ratios To Look Out For
It’s worth pointing out that Graco Inc [NYSE:GGG]’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 6.74, the price to book ratio is 5.71 and price to earnings (TTM) ratio is 30.05.
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.
