Graco Inc. (NYSE: GGG) is 2.99% higher on its value in year-to-date trading and has touched a low of $68.78 and a high of $94.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GGG stock was last observed hovering at around $89.52 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $89.35, the stock is -1.74% and -1.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -0.19% at the moment leaves the stock 8.09% off its SMA200. GGG registered 26.65% gain for a year compared to 6-month gain of 27.55%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -4.45% loss in the last 1 month and extending the period to 3 months gives it a 6.32%, and is 1.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.41% over the week and 1.40% over the month.
Graco Inc. (GGG) has around 4000 employees, a market worth around $15.03B and $2.20B in sales. Current P/E ratio is 30.38 and Fwd P/E is 26.83. Profit margin for the company is 23.07%. Distance from 52-week low is 29.91% and -5.72% from its 52-week high. The company has generated returns on investments over the last 12 months (22.65%).
The EPS is expected to grow by 3.21% this year
The shares outstanding are 167.95M, and float is at 166.47M with Short Float at 1.11%.
Graco Inc. (GGG) Insider Activity
The most recent transaction is an insider sale by Rothe Christian E, the company’s President, Industrial Division. SEC filings show that Rothe Christian E sold 10,000 shares of the company’s common stock on Mar 29 ’24 at a price of $91.02 per share for a total of $0.91 million. Following the sale, the insider now owns 25583.0 shares.
Graco Inc. disclosed in a document filed with the SEC on Mar 15 ’24 that JOHNSON DALE D (Chief Comm Development Officer) sold a total of 63,510 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $93.70 per share for $5.95 million. Following the transaction, the insider now directly holds 0.16 million shares of the GGG stock.
Still, SEC filings show that on Mar 13 ’24, Wordell Angela F (Executive VP, Operations) disposed off 3,588 shares at an average price of $93.60 for $0.34 million. The insider now directly holds 12,725 shares of Graco Inc. (GGG).
