Eric Etchart - Graco Independent Director

GGG Stock  USD 82.12  1.21  1.50%   

Director

Mr. Eric P. Etchart is an Independent Director of the Company. Mr. Etchart was Senior Vice President, Business Development of The Manitowoc Company, Inc., a manufacturer of cranes and foodservice equipment, from January 2015 until his retirement in January 2016. Mr. Etchart served as President of Manitowoc Cranes and Senior Vice President of The Manitowoc Company, Inc. from 2007 until January of 2015. From 2001 to 2007, Mr. Etchart was Executive Vice President, Asia Pacific and President, Zhang Jia Gang Company of the Manitowoc Crane Group, in Shanghai, China. Prior to that, Mr. Etchart held various management positions at Potain S.A., until it was acquired by Manitowoc in 2001, and PPM Cranes S.A. Mr. Etchart was a director of Graco since December 2010. He also serves as a director of Alamo Group Inc. and of WD40 Company. Among other qualifications, Mr. Etchart brings to our Board over thirty years of global manufacturing experience, as well as extensive knowledge of and expertise in finance and marketing. Mr. Etchart, a Frenchnational with over twenty years of experience in management positions outside of the U.S., including positions in China, Singapore, Italy, France and the Middle East, is particularly wellsuited to provide an international perspective to the Board as we develop our business in global markets. Mr. Etchart was recognized as a National Association of Corporationrationrate Directors Board Leadership Fellow in May 2016. since 2010.
Age 64
Tenure 14 years
Address 88-11th Avenue Northeast, Minneapolis, MN, United States, 55413
Phone612 623 6000
Webhttps://www.graco.com

Latest Insider Transactions

2023-11-02Disposed of 3000 shares @ 75.2View
Etchart, a Frenchnational with over twenty years of experience in management positions outside of the U.S., including positions in China, Singapore, Italy, France and the Middle East, is particularly wellsuited to provide an international perspective to the Board as we develop our business in global markets.

Graco Management Efficiency

The company has Return on Asset of 0.1361 % which means that on every $100 spent on assets, it made $0.1361 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2312 %, implying that it generated $0.2312 on every 100 dollars invested. Graco's management efficiency ratios could be used to measure how well Graco manages its routine affairs as well as how well it operates its assets and liabilities. The Graco's current Return On Equity is estimated to increase to 0.35, while Return On Tangible Assets are projected to decrease to 0.15. At this time, Graco's Other Current Assets are most likely to increase significantly in the upcoming years. The Graco's current Total Current Assets is estimated to increase to about 1.4 B, while Intangible Assets are projected to decrease to roughly 105.9 M.
The company has 50.06 M in debt with debt to equity (D/E) ratio of 0.08, which may show that the company is not taking advantage of profits from borrowing. Graco Inc has a current ratio of 2.92, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Graco until it has trouble settling it off, either with new capital or with free cash flow. So, Graco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Graco Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Graco to invest in growth at high rates of return. When we think about Graco's use of debt, we should always consider it together with cash and equity.

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Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota. Graco operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3800 people. Graco Inc (GGG) is traded on New York Stock Exchange in USA. It is located in 88-11th Avenue Northeast, Minneapolis, MN, United States, 55413 and employs 4,000 people. Graco is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Graco Inc Leadership Team

Elected by the shareholders, the Graco's board of directors comprises two types of representatives: Graco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Graco. The board's role is to monitor Graco's management team and ensure that shareholders' interests are well served. Graco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Graco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter OShea, President, Worldwide Lubrication Equipment Division, and President, South and Central America
Patrick McHale, President, Chief Executive Officer, Director
Angela Wordell, Executive Vice President - Operations, President - Worldwide Oil & Natural Gas Division
David Lowe, Executive Vice President - Industrial Products Division
Ronita Banerjee, Executive Officer
Kathryn Schoenrock, Executive Vice President Principal Accounting Officer, Corporate Controller
Christian Rothe, President - Worldwide Applied Fluid Technologies Division
Jeffrey Johnson, VP and General Manager of Europe, Middle East and Africa Region
Mark Sheahan, VP and General Manager of Applied Fluid Technologies Division
Laura Evanson, Executive Marketing
Anthony Gargano, President - Asia Pacific
William Sant, Independent Director
William Carroll, Independent Director
David Ahlers, Executive Vice President - Human Resources and Corporate Communications
Christopher Knutson, Investor Treasury
Joseph Humke, Executive Vice President General Counsel and Corporate Secretary
John Gilligan, Independent Director
Brian Zumbolo, Vice President General Manager - Lubrication Equipment Division
Karen Gallivan, Executive Vice President, General Counsel, Corporate Secretary
Dale Johnson, VP and General Manager of Contractor Equipment Division
Timothy White, President - White Knight and QED Environmental Systems
Martha Morfitt, Independent Director
David Thompson, President Division
Chris Knutson, Director - Corporate Treasury, Investor Relations and South & Central America Regional Controller
Brett Carter, Independent Director
Kevin Gilligan, Independent Director
Kevin Wheeler, Independent Director
Mark Eberlein, President - Worldwide Process, Oil and Natural Gas Divisions
Eric Etchart, Independent Director
Jody Feragen, Independent Director
Van Sant, Independent Director
Caroline Chambers, Executive Vice President, Corporate Controller, Information Systems
Claudio Merengo, Executive Division
Charles Rescorla, VP of Corporate Manufacturing, Distribution Operations and Corporate Devel.
Bernard Moreau, Vice President and General Manager, South and Central America
Emily White, Independent Director
Robert Sant, Independent Director
Jack Eugster, Independent Director
J Gilligan, Independent Director
Inge Grasdal, Executive Vice President Corporate Development
Lee Mitau, Chairman, Chairman of Governance Committee and Member of Management Organization and Compensation Committee

Graco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Graco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Graco Investors Sentiment

The influence of Graco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Graco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Graco's public news can be used to forecast risks associated with an investment in Graco. The trend in average sentiment can be used to explain how an investor holding Graco can time the market purely based on public headlines and social activities around Graco Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Graco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Graco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Graco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Graco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Graco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Graco's short interest history, or implied volatility extrapolated from Graco options trading.

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When determining whether Graco Inc is a strong investment it is important to analyze Graco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Graco's future performance. For an informed investment choice regarding Graco Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Graco Inc information on this page should be used as a complementary analysis to other Graco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Graco Stock analysis

When running Graco's price analysis, check to measure Graco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Graco is operating at the current time. Most of Graco's value examination focuses on studying past and present price action to predict the probability of Graco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graco's price. Additionally, you may evaluate how the addition of Graco to your portfolios can decrease your overall portfolio volatility.
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Is Graco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graco. If investors know Graco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
0.98
Earnings Share
2.9
Revenue Per Share
12.803
Quarterly Revenue Growth
(0.07)
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graco's market value can be influenced by many factors that don't directly affect Graco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.