NYSE:GGGGraco Stock Price, Forecast & News

Graco's stock was trading at $47.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GGG shares have increased by 1.2% and is now trading at $48.51. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Graco in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Graco.

Graco is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Graco.

Graco will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Graco Inc. (NYSE:GGG) issued its earnings results on Wednesday, April, 22nd. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.06. The industrial products company had revenue of $373.60 million for the quarter, compared to the consensus estimate of $386.49 million. Graco had a net margin of 20.43% and a return on equity of 31.40%. The company's revenue was down 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. View Graco's earnings history.

Graco announced a quarterly dividend on Friday, June 12th. Investors of record on Monday, July 20th will be paid a dividend of $0.175 per share on Wednesday, August 5th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Friday, July 17th. View Graco's dividend history.

Graco shares split on the morning of Thursday, December 28th 2017. The 3-1 split was announced on Friday, December 8th 2017. The newly minted shares were issued to shareholders after the closing bell on Wednesday, December 27th 2017. An investor that had 100 shares of Graco stock prior to the split would have 300 shares after the split.

4 analysts have issued 12-month price objectives for Graco's stock. Their forecasts range from $43.00 to $47.00. On average, they expect Graco's stock price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View analysts' price targets for Graco.

News articles about GGG stock have been trending negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Graco earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View the latest news about Graco.

Graco saw a decrease in short interest in June. As of June 15th, there was short interest totaling 2,700,000 shares, a decrease of 15.1% from the May 31st total of 3,180,000 shares. Based on an average daily volume of 990,700 shares, the short-interest ratio is presently 2.7 days. Approximately 1.6% of the company's shares are sold short. View Graco's Current Options Chain.

Some companies that are related to Graco include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Ingersoll-Rand (IR), Xylem (XYL), Nordson (NDSN), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Graco investors own include AbbVie (ABBV), Alibaba Group (BABA), AT&T (T), Ecolab (ECL), 3M (MMM), Sherwin-Williams (SHW), Exxon Mobil (XOM), Boeing (BA), Cisco Systems (CSCO) and Consolidated Edison (ED).

Graco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGG."

Graco's stock is owned by many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (1.57%) and Modus Advisors LLC (0.00%). Company insiders that own Graco stock include Angela F Wordell, Bernard J Moreau, Caroline M Chambers, Dale D Johnson, David M Ahlers, J Kevin Gilligan, Jack W Eugster, Jeffrey P Johnson, Karen Park Gallivan, Lee R Mitau, Mark D Eberlein, Mark W Sheahan, Martha A M Morfitt, Patrick J Mchale, Peter J O'shea, Timothy R White and William J Carroll. View institutional ownership trends for Graco.

GGG stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, and Modus Advisors LLC. View insider buying and selling activity for Graco.

Shares of GGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GGG stock can currently be purchased for approximately $48.51.

Graco has a market capitalization of $8.08 billion and generates $1.65 billion in revenue each year. The industrial products company earns $343.85 million in net income (profit) each year or $1.90 on an earnings per share basis. Graco employs 3,700 workers across the globe.

The official website for Graco is www.graco.com.

Graco's mailing address is 88 - 11TH AVENUE N.E., MINNEAPOLIS MN, 55413. The industrial products company can be reached via phone at 612-623-6000 or via email at [email protected]