Graco Inc Stock Today

GGG Stock  USD 93.46  0.71  0.75%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Graco is trading at 93.46 as of the 28th of March 2024. This is a -0.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 93.43. Graco has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Graco Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
9th of July 1986
Category
Industrials
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. The company has 168.51 M outstanding shares of which 1.32 M shares are currently shorted by investors with about 1.64 days to cover. More on Graco Inc

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Graco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Graco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Graco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Graco's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Graco's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOPatrick McHale
Thematic IdeaMachinery (View all Themes)
Old NameGreenland Minerals And Energy Ltd
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, SP Midcap 400, Machinery, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Graco report their recommendations after researching Graco's financial statements, talking to executives and customers, or listening in on Graco's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Graco Inc. The Graco consensus assessment is calculated by taking the average forecast from all of the analysts covering Graco.
Financial Strength
Based on the analysis of Graco's profitability, liquidity, and operating efficiency, Graco Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Graco Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.130.18
Way Down
Slightly volatile
Asset Turnover1.490.8135
Way Up
Pretty Stable
Gross Profit Margin0.420.5202
Significantly Down
Slightly volatile
Total Current Liabilities415 M395.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total199.5 M102.6 M
Way Up
Slightly volatile
Total Assets2.9 B2.7 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities683.6 M651 M
Sufficiently Up
Slightly volatile
Graco's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Graco's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Graco's financial leverage. It provides some insight into what part of Graco's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Graco's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Graco deploys its capital and how much of that capital is borrowed.
Liquidity
Graco cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Change In Cash

208.69 Million
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. The company currently falls under 'Large-Cap' category with a total capitalization of 15.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Graco's market, we take the total number of its shares issued and multiply it by Graco's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Graco Inc runs under Machinery sector within Industrials industry. The entity has 168.51 M outstanding shares of which 1.32 M shares are currently shorted by investors with about 1.64 days to cover. Graco Inc has about 339.2 M in cash with 651.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.46.
Check Graco Probability Of Bankruptcy
Ownership Allocation
Graco Inc has a total of 168.51 Million outstanding shares. The majority of Graco Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Graco to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Graco Inc. Please pay attention to any change in the institutional holdings of Graco Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Graco Ownership Details

Graco Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Graco jumping above the current price in 90 days from now is about 6.52%. The Graco Inc probability density function shows the probability of Graco stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Graco Inc has a beta of -0.1613. This usually indicates as returns on benchmark increase, returns on holding Graco are expected to decrease at a much lower rate. During the bear market, however, Graco Inc is likely to outperform the market. Additionally, graco Inc has an alpha of 0.1605, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 93.46HorizonTargetOdds Above 93.46
93.39%90 days
 93.46 
6.52%
Based on a normal probability distribution, the odds of Graco to move above the current price in 90 days from now is about 6.52 (This Graco Inc probability density function shows the probability of Graco Stock to fall within a particular range of prices over 90 days) .

Graco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Graco that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Graco's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Graco's value.
InstituionRecorded OnShares
Neuberger Berman Group Llc2023-12-31
M
Alecta Pensionsforsakring, Omsesidigt2023-12-31
1.9 M
Allianz Asset Management Ag2023-12-31
1.8 M
Norges Bank2023-12-31
1.8 M
Champlain Investment Partners, Llc2023-12-31
1.7 M
Bank Of New York Mellon Corp2023-12-31
1.7 M
T. Rowe Price Investment Management,inc.2023-12-31
1.6 M
American Century Companies Inc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
1.5 M
Blackrock Inc2023-12-31
19.1 M
Vanguard Group Inc2023-12-31
17.2 M
View Graco Diagnostics

Graco Historical Income Statement

Graco Inc Income Statement is one of the three primary financial statements used for reporting Graco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Graco Inc revenue and expense. Graco Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Graco's Total Revenue is most likely to increase significantly in the upcoming years. The Graco's current Gross Profit is estimated to increase to about 1.2 B, while Research Development is projected to decrease to roughly 42.5 M. View More Fundamentals

Graco Stock Against Markets

Picking the right benchmark for Graco stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Graco stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Graco is critical whether you are bullish or bearish towards Graco Inc at a given time. Please also check how Graco's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Graco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Graco Corporate Directors

Graco corporate directors refer to members of a Graco board of directors. The board of directors generally takes responsibility for the Graco's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Graco's board members must vote for the resolution. The Graco board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William SantIndependent DirectorProfile
William CarrollIndependent DirectorProfile
John GilliganIndependent DirectorProfile
Martha MorfittIndependent DirectorProfile

How to buy Graco Stock?

Before investing in Graco, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Graco. To buy Graco stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Graco. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Graco stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Graco Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Graco Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Graco Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Graco Stock please use our How to Invest in Graco guide.

Already Invested in Graco Inc?

The danger of trading Graco Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Graco is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Graco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Graco Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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
(0.12)
Dividend Share
0.96
Earnings Share
2.94
Revenue Per Share
13.035
Quarterly Revenue Growth
0.021
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.