Graco Inc (NYSE: GGG) on Tuesday, plunged -2.60% from the previous trading day, before settling in for the closing price of $90.17. Within the past 52 weeks, GGG’s price has moved between $77.49 and $94.77.
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A company in the Industrials sector has jumped its sales by 6.11% annually for the last half of the decade. The company achieved an average annual earnings per share of -4.21%. With a float of $167.21 million, this company’s outstanding shares have now reached $167.95 million.
In an organization with 4000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.64%, operating margin of 28.62%, and the pretax margin is 27.42%.
Graco Inc (GGG) Insider and Institutional Ownership
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Graco Inc is 0.97%, while institutional ownership is 88.01%. The most recent insider transaction that took place on Nov 14 ’24, was worth 1,061,887. In this transaction President, EMEA of this company sold 12,000 shares at a rate of $88.49, taking the stock ownership to the 57,426 shares. Before that another transaction happened on Nov 14 ’24, when Company’s President, WW LED, Pres SCA sold 18,075 for $88.76, making the entire transaction worth $1,604,290. This insider now owns 14,516 shares in total.
Graco Inc (GGG) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.8 earnings per share (EPS) for the period topping the consensus outlook (set at 0.79) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 8.36% growth over the previous five years of trading.
Graco Inc (NYSE: GGG) Trading Performance Indicators
Graco Inc (GGG) is currently performing well based on its current performance indicators. A quick ratio of 3.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.96. Likewise, its price to free cash flow for the trailing twelve months is 31.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.83, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.07 in one year’s time.
Technical Analysis of Graco Inc (GGG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.57 million. That was better than the volume of 0.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.92%. Additionally, its Average True Range was 1.63.
During the past 100 days, Graco Inc’s (GGG) raw stochastic average was set at 74.34%, which indicates a significant increase from 65.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.86% in the past 14 days, which was higher than the 20.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.43, while its 200-day Moving Average is $84.85. However, in the short run, Graco Inc’s stock first resistance to watch stands at $89.38. Second resistance stands at $90.94. The third major resistance level sits at $91.94. If the price goes on to break the first support level at $86.82, it is likely to go to the next support level at $85.82. The third support level lies at $84.26 if the price breaches the second support level.
Graco Inc (NYSE: GGG) Key Stats
Market capitalization of the company is 14.83 billion based on 168,850K outstanding shares. Right now, sales total 2,196 M and income totals 506,510 K. The company made 519,210 K in profit during its latest quarter, and 122,200 K in sales during its previous quarter.
