Gorman Rupp Stock Today

GRC Stock  USD 39.55  0.24  0.61%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Gorman Rupp is trading at 39.55 as of the 28th of March 2024, a 0.61 percent up since the beginning of the trading day. The stock's open price was 39.31. Gorman Rupp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Gorman Rupp 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
17th of March 1992
Category
Industrials
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio. Gorman Rupp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 26.22 M outstanding shares of which 132.53 K shares are currently shorted by investors with about 1.96 days to cover. More on Gorman Rupp

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Gorman 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. Gorman Rupp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gorman Rupp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardJames Gorman
Thematic IdeaMachinery (View all Themes)
Old Names[LOGiQ Asset Management Inc, Guangshen Railway Company Limited, Guangshen Railway Company Limited]
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, Machinery, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Gorman Rupp report their recommendations after researching Gorman Rupp's financial statements, talking to executives and customers, or listening in on Gorman Rupp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Gorman-Rupp. The Gorman consensus assessment is calculated by taking the average forecast from all of the analysts covering Gorman Rupp.
Financial Strength
Based on the analysis of Gorman Rupp's profitability, liquidity, and operating efficiency, Gorman Rupp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Gorman-Rupp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03730.0393
Notably Down
Slightly volatile
Asset Turnover1.330.7407
Way Up
Slightly volatile
Gross Profit Margin0.290.2785
Sufficiently Up
Pretty Stable
Total Current Liabilities105.7 M100.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total462.2 M440.2 M
Sufficiently Up
Slightly volatile
Total Assets934.9 M890.4 M
Sufficiently Up
Slightly volatile
Total Current Assets136.5 M236.1 M
Way Down
Slightly volatile
Total Cash From Operating Activities103.1 M98.2 M
Sufficiently Up
Slightly volatile
Gorman Rupp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gorman Rupp'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 Gorman Rupp's financial leverage. It provides some insight into what part of Gorman Rupp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Gorman Rupp'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 Gorman Rupp deploys its capital and how much of that capital is borrowed.
Liquidity
Gorman Rupp 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 425.28 M in debt with debt to equity (D/E) ratio of 1.32, which is OK given its current industry classification. Gorman-Rupp has a current ratio of 2.37, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Gorman Rupp until it has trouble settling it off, either with new capital or with free cash flow. So, Gorman Rupp'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 Gorman-Rupp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gorman to invest in growth at high rates of return. When we think about Gorman Rupp's use of debt, we should always consider it together with cash and equity.

Change In Cash

24.92 Million
Gorman Rupp (GRC) is traded on New York Stock Exchange in USA. It is located in 600 South Airport Road, Mansfield, OH, United States, 44903 and employs 1,450 people. Gorman Rupp is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gorman Rupp's market, we take the total number of its shares issued and multiply it by Gorman Rupp'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. Gorman-Rupp runs under Machinery sector within Industrials industry. The entity has 26.22 M outstanding shares of which 132.53 K shares are currently shorted by investors with about 1.96 days to cover. Gorman Rupp has about 6.78 M in cash with 98.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.64.
Check Gorman Rupp Probability Of Bankruptcy
Ownership Allocation
Gorman Rupp has a total of 26.22 Million outstanding shares. Over half of Gorman Rupp's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Gorman Rupp. Please watch out for any change in the institutional holdings of Gorman Rupp as this could mean 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 Gorman Ownership Details

Gorman Stock Price Odds Analysis

What are Gorman Rupp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Gorman Rupp jumping above the current price in 90 days from now is roughly 2.14%. The Gorman Rupp probability density function shows the probability of Gorman Rupp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.0613. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gorman Rupp will likely underperform. Additionally, gorman Rupp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 39.55HorizonTargetOdds Above 39.55
97.83%90 days
 39.55 
2.14%
Based on a normal probability distribution, the odds of Gorman Rupp to move above the current price in 90 days from now is roughly 2.14 (This Gorman Rupp probability density function shows the probability of Gorman Stock to fall within a particular range of prices over 90 days) .

Gorman Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Gorman Rupp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Gorman Rupp'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 Gorman Rupp's value.
InstituionRecorded OnShares
Grace & White Inc2023-12-31
348.3 K
Charles Schwab Investment Management Inc2023-12-31
316.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
293.7 K
Northern Trust Corp2023-12-31
229.3 K
Ameriprise Financial Inc2023-12-31
193.6 K
Bank Of New York Mellon Corp2023-12-31
188.2 K
Goldman Sachs Group Inc2023-12-31
181.2 K
Kbc Group Nv2023-12-31
174.7 K
Prentiss Smith & Co Inc2023-12-31
170.7 K
Vanguard Group Inc2023-12-31
2.3 M
Blackrock Inc2023-12-31
1.7 M
View Gorman Rupp Diagnostics

Gorman Rupp Historical Income Statement

Gorman Rupp Income Statement is one of the three primary financial statements used for reporting Gorman's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Gorman-Rupp revenue and expense. Gorman Rupp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Gorman Rupp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 692.5 M, whereas Income Before Tax is forecasted to decline to about 28.2 M. View More Fundamentals

Gorman Stock Against Markets

Picking the right benchmark for Gorman Rupp 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 Gorman Rupp 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 Gorman Rupp is critical whether you are bullish or bearish towards Gorman Rupp at a given time. Please also check how Gorman Rupp'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 Gorman Rupp 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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Gorman Rupp Corporate Directors

Gorman Rupp corporate directors refer to members of a Gorman Rupp board of directors. The board of directors generally takes responsibility for the Gorman Rupp'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 Gorman Rupp's board members must vote for the resolution. The Gorman Rupp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ann HarlanIndependent DirectorProfile
Donald BullockIndependent DirectorProfile
Kenneth ReynoldsIndependent DirectorProfile
Rick TaylorIndependent DirectorProfile

How to buy Gorman Stock?

Before investing in Gorman Rupp, 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 Gorman Rupp. To buy Gorman Rupp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gorman Rupp. 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 Gorman Rupp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Gorman Rupp 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 Gorman Rupp 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 Gorman Rupp, 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 Gorman Stock please use our How to Invest in Gorman Rupp guide.

Already Invested in Gorman Rupp?

The danger of trading Gorman Rupp 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 Gorman Rupp 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 Gorman Rupp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gorman-Rupp 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 Gorman-Rupp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gorman Rupp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gorman Rupp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gorman Rupp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorman Rupp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Gorman Rupp's price analysis, check to measure Gorman Rupp'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 Gorman Rupp is operating at the current time. Most of Gorman Rupp's value examination focuses on studying past and present price action to predict the probability of Gorman Rupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorman Rupp's price. Additionally, you may evaluate how the addition of Gorman Rupp to your portfolios can decrease your overall portfolio volatility.
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Is Gorman Rupp'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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp 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
2.778
Dividend Share
0.705
Earnings Share
1.34
Revenue Per Share
25.197
Quarterly Revenue Growth
0.1
The market value of Gorman-Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.