Graco Inc (NYSE: GGG) is -4.50% lower on its value in year-to-date trading and has touched a low of $72.06 and a high of $92.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GGG stock was last observed hovering at around $78.97 in the last trading session, with the day’s gains setting it 1.53%.
Currently trading at $80.50, the stock is 1.10% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing 1.94% at the moment leaves the stock -4.29% off its SMA200. GGG registered -8.73% loss for a year compared to 6-month loss of -5.33%. The firm has a 50-day simple moving average (SMA 50) of $82.9796 and a 200-day simple moving average (SMA200) of $84.1119.
The stock witnessed a -4.45% gain in the last 1 month and extending the period to 3 months gives it a -6.41%, and is 2.65% 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 3.10% over the week and 3.46% over the month.
Graco Inc (GGG) has around 4300 employees, a market worth around $13.45B and $2.15B in sales. Current P/E ratio is 28.40 and Fwd P/E is 25.04. Profit margin for the company is 22.70%. Distance from 52-week low is 11.71% and -13.31% from its 52-week high. The company has generated returns on investments over the last 12 months (19.58%).
with sales reaching $584.46M over the same period.The EPS is expected to grow by 7.72% this year, but quarterly earnings will post 6.08% year-over-year. Quarterly sales are estimated to grow 5.64% in year-over-year returns.
912.0 institutions hold shares in Graco Inc (GGG), with institutional investors hold 92.16% of the company’s shares. The shares outstanding are 167.13M, and float is at 166.47M with Short Float at 1.25%. Institutions hold 91.38% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.09 million shares valued at $1.51 billion. The investor’s holdings represent 11.2896 of the GGG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.13 million shares valued at $1.36 billion to account for 10.1315 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.02 million shares representing 4.1489 and valued at over $556.22 million, while FIERA CAPITAL CORP holds 3.6943 of the shares totaling 6.25 million with a market value of $495.26 million.
Graco Inc (GGG) Insider Activity
Graco Inc disclosed in a document filed with the SEC on Dec 03 ’24 that O’Shea Peter J (President, WW LED, Pres SCA) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $91.06 per share for $1.37 million. Following the transaction, the insider now directly holds 14516.0 shares of the GGG stock.
Still, SEC filings show that on Dec 03 ’24, Chambers Caroline M (President, EMEA) disposed off 8,280 shares at an average price of $90.57 for $0.75 million. The insider now directly holds 57,612 shares of Graco Inc (GGG).
