NYSE:GRCGorman-Rupp Stock Price, Forecast & News

$29.08

+1.85 (+6.79 %)

(As of 04/6/2020 10:56 AM ET)

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Today's Range

$28.74

Now: $29.08▼

$29.55

50-Day Range

$22.63

MA: $30.93▼

$36.80

52-Week Range

$21.49

Now: $29.08▼

$39.60

Volume1,188 shs

Average Volume82,835 shs

Market Capitalization$758.12 million

P/E Ratio21.23

Dividend Yield2.13%

Beta0.88

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 e-commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
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, Gorman-Rupp has a potential upside of 41.0% from its current price of $29.08.
Amount of Analyst Coverage
Gorman-Rupp has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Gorman-Rupp has received 288 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gorman-Rupp has received 332 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gorman-Rupp has received 53.55% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about 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.

3.3 Dividend Strength

Dividend Leadership
Gorman-Rupp is a leading dividend payer. It pays a dividend yield of 2.13%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gorman-Rupp has been increasing its dividend for 47 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gorman-Rupp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.90% of the stock of Gorman-Rupp is held by insiders.
Percentage Held by Institutions
54.40% of the stock of 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 Gorman-Rupp is 21.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gorman-Rupp is 21.23, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 43.20.
Price to Book Value per Share Ratio
Gorman-Rupp has a P/B Ratio of 2.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.15 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

Webhttp://www.gormanrupp.com/

Phone419-755-1011

Debt

Debt-to-Equity RatioN/A

Current Ratio5.00

Quick Ratio3.33

Price-To-Earnings

Trailing P/E Ratio21.23

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$398.18 million

Price / Sales1.90

Cash Flow$1.98 per share

Price / Cash Flow14.67

Book Value$11.78 per share

Price / Book2.47

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$35.81 million

Net Margins8.99%

Return on Equity11.05%

Return on Assets8.87%

Miscellaneous

Employees1,200

Outstanding Shares26,070,000

Market Cap$758.12 million

Next Earnings Date4/23/2020 (Estimated)

OptionableOptionable

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Gorman-Rupp (NYSE:GRC) Frequently Asked Questions

How has Gorman-Rupp's stock been impacted by COVID-19 (Coronavirus)?

Gorman-Rupp's stock was trading at $29.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GRC stock has decreased by 1.9% and is now trading at $29.08. View which stocks have been mosted impacted by Coronavirus.

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 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 Gorman-Rupp.

When is Gorman-Rupp's next earnings date?

Gorman-Rupp is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Gorman-Rupp.

How were Gorman-Rupp's earnings last quarter?

Gorman-Rupp Co (NYSE:GRC) announced its quarterly earnings results on Friday, February, 7th. The industrial products company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by $0.02. The industrial products company had revenue of $93.70 million for the quarter, compared to the consensus estimate of $99.02 million. Gorman-Rupp had a net margin of 8.99% and a return on equity of 11.05%. The company's revenue for the quarter was down 9.0% on a year-over-year basis. During the same period last year, the company earned $0.43 earnings per share. View Gorman-Rupp's earnings history.

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

Gorman-Rupp declared a quarterly dividend on Monday, January 27th. Investors of record on Friday, February 14th will be paid a dividend of $0.145 per share on Tuesday, March 10th. This represents a $0.58 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, February 13th. View Gorman-Rupp's dividend history.

What price target have analysts set for GRC?

1 brokerages have issued 1 year price objectives for Gorman-Rupp's stock. Their forecasts range from $41.00 to $41.00. On average, they expect Gorman-Rupp's share price to reach $41.00 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View analysts' price targets for Gorman-Rupp.

Has Gorman-Rupp been receiving favorable news coverage?

News articles about GRC stock have been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gorman-Rupp earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutGorman-Rupp.

Are investors shorting Gorman-Rupp?

Gorman-Rupp saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 394,500 shares, an increase of 13.0% from the February 27th total of 349,000 shares. Based on an average daily trading volume, of 50,800 shares, the days-to-cover ratio is presently 7.8 days. Currently, 1.8% of the company's stock are short sold. View Gorman-Rupp's Current Options Chain.

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

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

What other stocks do shareholders of Gorman-Rupp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gorman-Rupp investors own include AbbVie (ABBV), Bank of America (BAC), IBM (IBM), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Tanger Factory Outlet Centers (SKT), UnitedHealth Group (UNH), Exxon Mobil (XOM) and Advanced Micro Devices (AMD).

Who are Gorman-Rupp's key executives?

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

Mr. Jeffrey S. Gorman, Pres, CEO & Chairman (Age 66)
Mr. James C. Kerr, VP & CFO (Age 57)
Ms. Brigette A. Burnell, VP, Gen. Counsel, Corp. Sec. (Age 43)
Mr. Scott A. King, VP & COO
Barbara A. Woodman, VP of HR

What is Gorman-Rupp's stock symbol?

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

How do I buy shares of 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 Gorman-Rupp's stock price today?

One share of GRC stock can currently be purchased for approximately $29.08.

How big of a company is Gorman-Rupp?

Gorman-Rupp has a market capitalization of $758.12 million and generates $398.18 million in revenue each year. Gorman-Rupp employs 1,200 workers across the globe. View additional information about Gorman-Rupp.

What is Gorman-Rupp's official website?

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

How can I contact Gorman-Rupp?

Gorman-Rupp's mailing address is 600 SOUTH AIRPORT ROAD, MANSFIELD OH, 44901. 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 4/6/2020 by MarketBeat.com Staff

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NYSE:GRCGorman-Rupp Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.5 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage