Graco Inc’s stock (GGG) continues to rise above its goal

A share price of Graco Inc [GGG] is currently trading at $84.61, up 0.85%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GGG shares have gain 2.69% over the last week, with a monthly amount glided 0.63%, 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 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.

Graco Inc experienced fluctuations in its stock price throughout the past year between $77.49 and $94.77. Currently, Wall Street analysts expect the stock to reach $91 within the next 12 months. Graco Inc [NYSE: GGG] shares were valued at $84.61 at the most recent close of the market. An investor can expect a potential return of 7.55% based on the average GGG price forecast.

Analyzing the GGG fundamentals

Trailing Twelve Months sales for Graco Inc [NYSE:GGG] were 2.11B which represents -3.17% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.2 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.

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 83.83 points at the first support level, and at 83.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.30, and for the 2nd resistance point, it is at 85.98.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Graco Inc [NYSE:GGG] is 3.69. In addition, the Quick Ratio stands at 2.69 and the Cash Ratio stands at 1.66. Considering the valuation of this stock, the price to sales ratio is 6.76, the price to book ratio is 5.68 and price to earnings (TTM) ratio is 30.01.

Transactions by insiders

Recent insider trading involved O’Shea Peter J, Officer, that happened on Jan 30 ’25 when 32597.0 shares were purchased. President, WW LED, Pres SCA, O’Shea Peter J completed a deal on Dec 03 ’24 to sell 15000.0 shares. Meanwhile, President, EMEA Chambers Caroline M sold 8280.0 shares on Dec 03 ’24.

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