NYSE:GRC

The Gorman-Rupp Stock Forecast, Price & News

$33.59

+0.71 (+2.16 %)

(As of 12/4/2020 12:00 AM ET)

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Today's Range

$32.74

Now: $33.59▼

$33.73

50-Day Range

$30.78

MA: $33.33▼

$36.38

52-Week Range

$21.49

Now: $33.59▼

$39.60

Volume38,237 shs

Average Volume58,265 shs

Market Capitalization$876.77 million

P/E Ratio32.61

Dividend Yield1.89%

Beta0.59

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications. The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and ecommerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
The Gorman-Rupp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.00, The Gorman-Rupp has a forecasted upside of 22.1% from its current price of $33.59.
Amount of Analyst Coverage
The Gorman-Rupp has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
The Gorman-Rupp has received 289 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Gorman-Rupp has received 333 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Gorman-Rupp has received 53.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The Gorman-Rupp and other stocks. Vote “Outperform” if you believe GRC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GRC will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
The Gorman-Rupp pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Gorman-Rupp has been increasing its dividend for 6 years.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Gorman-Rupp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $104,279.00 in company stock.
Percentage Held by Insiders
Only 6.90% of the stock of The Gorman-Rupp is held by insiders.
Percentage Held by Institutions
51.65% of the stock of The Gorman-Rupp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of The Gorman-Rupp is 32.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Gorman-Rupp is 32.61, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 37.44.
Price to Book Value per Share Ratio
The Gorman-Rupp has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.59 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Pumps & pumping equipment

Sub-IndustryIndustrial Machinery

SectorIndustrial Products

Current SymbolNYSE:GRC

Previous Symbol

CUSIP38308210

CIK42682

Webwww.gormanrupp.com

Phone419-755-1011

Employees1,200

Debt

Debt-to-Equity RatioN/A

Current Ratio5.25

Quick Ratio3.45

Price-To-Earnings

Trailing P/E Ratio32.61

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$398.18 million

Price / Sales2.20

Cash Flow$1.81 per share

Price / Cash Flow18.55

Book Value$12.24 per share

Price / Book2.74

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$35.81 million

Net Margins7.42%

Return on Equity9.30%

Return on Assets7.52%

Miscellaneous

Outstanding Shares26,102,000

Market Cap$876.77 million

Next Earnings Date2/5/2021 (Estimated)

OptionableOptionable

$33.59

+0.71 (+2.16 %)

(As of 12/4/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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The Gorman-Rupp (NYSE:GRC) Frequently Asked Questions

How has The Gorman-Rupp's stock price been impacted by Coronavirus?

The Gorman-Rupp's stock was trading at $29.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GRC shares have increased by 13.4% and is now trading at $33.59.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of The Gorman-Rupp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Gorman-Rupp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for The Gorman-Rupp or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The Gorman-Rupp?

Wall Street analysts have given The Gorman-Rupp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Gorman-Rupp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Gorman-Rupp's next earnings date?

The Gorman-Rupp is scheduled to release its next quarterly earnings announcement on Friday, February 5th 2021.
View our earnings forecast for The Gorman-Rupp.

How were The Gorman-Rupp's earnings last quarter?

The Gorman-Rupp Company (NYSE:GRC) announced its earnings results on Friday, October, 23rd. The industrial products company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.03. The industrial products company earned $88.98 million during the quarter. The Gorman-Rupp had a return on equity of 9.30% and a net margin of 7.42%.
View The Gorman-Rupp's earnings history.

How often does The Gorman-Rupp pay dividends? What is the dividend yield for The Gorman-Rupp?

The Gorman-Rupp declared a quarterly dividend on Monday, October 26th. Investors of record on Friday, November 13th will be paid a dividend of $0.155 per share on Thursday, December 10th. This represents a $0.62 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, November 12th. This is a positive change from The Gorman-Rupp's previous quarterly dividend of $0.15.
View The Gorman-Rupp's dividend history.

What price target have analysts set for GRC?

1 Wall Street analysts have issued 12 month price targets for The Gorman-Rupp's stock. Their forecasts range from $41.00 to $41.00. On average, they expect The Gorman-Rupp's share price to reach $41.00 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts' price targets for The Gorman-Rupp.

Who are some of The Gorman-Rupp's key competitors?

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

What other stocks do shareholders of The Gorman-Rupp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Gorman-Rupp investors own include Cisco Systems (CSCO), Pfizer (PFE), AbbVie (ABBV), Gilead Sciences (GILD), Altria Group (MO), Tanger Factory Outlet Centers (SKT), AT&T (T), Verizon Communications (VZ), Amgen (AMGN) and Carnival Co. & (CCL).

Who are The Gorman-Rupp's key executives?

The Gorman-Rupp's management team includes the following people:

Mr. Jeffrey S. Gorman, Pres, CEO & Chairman (Age 67, Pay $728.11k)
Mr. James C. Kerr, VP & CFO (Age 58, Pay $478.74k)
Mr. Scott A. King, VP & COO (Age 45, Pay $394.79k)
Ms. Brigette A. Burnell, VP, Gen. Counsel & Corp. Sec. (Age 44, Pay $372.21k)
Barbara A. Woodward, VP of HR
Ms. Angela M. Morehead, Treasurer & Assistant Sec.

What is The Gorman-Rupp's stock symbol?

The Gorman-Rupp trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRC."

Who are The Gorman-Rupp's major shareholders?

The Gorman-Rupp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.21%), Gabelli Funds LLC (3.29%), Gamco Investors INC. ET AL (1.95%), State Street Corp (1.42%), Cooke & Bieler LP (1.38%) and ProShare Advisors LLC (0.97%). Company insiders that own The Gorman-Rupp stock include Angela M Morehead and Christopher H Lake.
View institutional ownership trends for The Gorman-Rupp.

Which institutional investors are selling The Gorman-Rupp stock?

GRC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Teton Advisors Inc., Cooke & Bieler LP, Gabelli Funds LLC, AQR Capital Management LLC, Thrivent Financial for Lutherans, Morgan Stanley, and Aperio Group LLC. Company insiders that have sold The Gorman-Rupp company stock in the last year include Angela M Morehead, and Christopher H Lake.
View insider buying and selling activity for The Gorman-Rupp.

Which institutional investors are buying The Gorman-Rupp stock?

GRC stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, First Trust Advisors LP, ProShare Advisors LLC, Intrust Bank NA, WINTON GROUP Ltd, ExodusPoint Capital Management LP, GSA Capital Partners LLP, and KBC Group NV.
View insider buying and selling activity for The Gorman-Rupp.

How do I buy shares of The Gorman-Rupp?

Shares of GRC 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.

What is The Gorman-Rupp's stock price today?

One share of GRC stock can currently be purchased for approximately $33.59.

How big of a company is The Gorman-Rupp?

The Gorman-Rupp has a market capitalization of $876.77 million and generates $398.18 million in revenue each year. The Gorman-Rupp employs 1,200 workers across the globe.

What is The Gorman-Rupp's official website?

The official website for The Gorman-Rupp is www.gormanrupp.com.

How can I contact The Gorman-Rupp?

The Gorman-Rupp's mailing address is 600 SOUTH AIRPORT ROAD, MANSFIELD OH, 44903. The industrial products company can be reached via phone at 419-755-1011 or via email at [email protected]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

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