Graco Inc. (NYSE:GGG) currently has a daily average trading volume of 708.71K but it saw 1493536 shares traded in last market. With a market cap of 13.59B USD, the company’s current market price of $80.32 came rising about 0.15 while comparing to the previous closing price of $80.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $94.77 and as low as $69.78.
Taking a look at 20-day trading activity of Graco Inc. (GGG) gives us an average price of $87.96, while its current price level is -15.25% below from 52-week high level whereas it is 15.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $90.49 while that of 200 days or SMA-200 reads an average of $82.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.11% during that period while stretching the period over a month that decreases to 1.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.99 which implies that the stock is in oversold territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Exane BNP Paribas which initiated the stock as “Neutral” in its note to investors issued on October 05, 2023, recommending a price target of $73 for it. Seaport Research Partners issued its recommendations for the stock as it upgraded the price target for the stock is $82.
Over the week, GGG’s stock price is moving -10.11% down while it is -12.53% when we observe its performance for the past one month. Year-to-date it is -7.42% down and over the past year, the stock is showing an upside performance of 0.06%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.75 beaten by the consensus estimate of 0.8 for the same. In next quarter, company is expected to be making quarterly sales of $558.95M as analysts are expecting the sales for current fiscal year at $2.22B and seeing the company making $2.32B in sales next year. Moreover, analysts are in estimates of $567.56M for current-quarter revenue.
Currently, Graco Inc.’s total number of outstanding shares is 167.95M. Company’s return on investment (ROI) stands at 21.30% and return on equity (ROE) at 23.12%. It has a price to earnings ratio (P/E ratio) of 27.72 while having a 24.60 of forward P/E ratio. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 5.82 while price to sale or P/S ratio amounts to 6.29. Its return on asset (ROA) is 18.73% on average.
