NYSE:GRCGorman-Rupp Stock Price, Forecast & News

$29.38

-0.18 (-0.61 %)

(As of 05/25/2020 12:45 PM ET)

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Today's Range

$28.95

Now: $29.38▼

$29.84

50-Day Range

$26.50

MA: $28.20▼

$29.56

52-Week Range

$21.49

Now: $29.38▼

$39.60

Volume28,576 shs

Average Volume66,664 shs

Market Capitalization$766.52 million

P/E Ratio22.60

Dividend Yield1.97%

Beta0.69

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 39.6% from its current price of $29.38.
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 289 “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 53.46% “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 1.97%, 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
54.43% of the stock of Gorman-Rupp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gorman-Rupp is 22.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gorman-Rupp is 22.60, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.71.
Price to Book Value per Share Ratio
Gorman-Rupp has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.03 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

Debt

Debt-to-Equity RatioN/A

Current Ratio5.12

Quick Ratio3.38

Price-To-Earnings

Trailing P/E Ratio22.60

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$398.18 million

Price / Sales1.93

Cash Flow$1.86 per share

Price / Cash Flow15.82

Book Value$11.78 per share

Price / Book2.49

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$35.81 million

Net Margins8.67%

Return on Equity10.72%

Return on Assets8.62%

Miscellaneous

Employees1,200

Outstanding Shares26,090,000

Market Cap$766.52 million

Next Earnings Date7/24/2020 (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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GRC shares have decreased by 0.8% and is now trading at $29.38. View which stocks have been most 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 Friday, July 24th 2020. View our earnings forecast for Gorman-Rupp.

How were Gorman-Rupp's earnings last quarter?

Gorman-Rupp Co (NYSE:GRC) issued its quarterly earnings data on Thursday, April, 23rd. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.13. The industrial products company had revenue of $91.67 million for the quarter. Gorman-Rupp had a net margin of 8.67% and a return on equity of 10.72%. 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, April 27th. Investors of record on Friday, May 15th will be paid a dividend of $0.145 per share on Wednesday, June 10th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, May 14th. View Gorman-Rupp's dividend history.

What price target have analysts set for GRC?

1 Wall Street analysts have issued 12 month price objectives for Gorman-Rupp's shares. Their forecasts range from $41.00 to $41.00. On average, they expect Gorman-Rupp's stock price to reach $41.00 in the next year. This suggests a possible upside of 39.6% from the stock's current price. View analysts' price targets for Gorman-Rupp.

Has Gorman-Rupp been receiving favorable news coverage?

News headlines about GRC stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gorman-Rupp earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage 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 company's share price in the near future. View the latest news aboutGorman-Rupp.

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), Ingersoll-Rand (IR), IDEX (IEX), Xylem (XYL), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

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 Pfizer (PFE), UnitedHealth Group (UNH), AbbVie (ABBV), Amgen (AMGN), IBM (IBM), Coca-Cola (KO), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), Bank of America (BAC) and Franklin Resources (BEN).

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."

Who are Gorman-Rupp's major shareholders?

Gorman-Rupp's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.35%), Gabelli Funds LLC (3.40%), Gamco Investors INC. ET AL (2.21%), State Street Corp (1.44%), King Luther Capital Management Corp (1.36%) and Geode Capital Management LLC (1.06%). Company insiders that own Gorman-Rupp stock include Angela M Morehead, Christopher H Lake and Ronald D Pittenger. View institutional ownership trends for Gorman-Rupp.

Which major investors are selling Gorman-Rupp stock?

GRC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, King Luther Capital Management Corp, Gabelli Funds LLC, KBC Group NV, Stone Ridge Asset Management LLC, AQR Capital Management LLC, US Bancorp DE, and Teton Advisors Inc.. View insider buying and selling activity for Gorman-Rupp.

Which major investors are buying Gorman-Rupp stock?

GRC stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Pinnacle Wealth Planning Services Inc., BlackRock Inc., Bank of New York Mellon Corp, Geode Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, First Trust Advisors LP, and UBS Group AG. View insider buying and selling activity for Gorman-Rupp.

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 $29.38.

How big of a company is Gorman-Rupp?

Gorman-Rupp has a market capitalization of $766.52 million and generates $398.18 million in revenue each year. Gorman-Rupp employs 1,200 workers across the globe.

What is Gorman-Rupp's official website?

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

How can I contact Gorman-Rupp?

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 wlkna[email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff