The stock of Graco Inc. (NYSE: GGG) has increased by 0.15 when compared to last closing price of 80.20.Despite this, the company has seen a loss of -10.11% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-26 that Graco’s (GGG) first-quarter 2024 sales decrease 7% year over year due to decreasing demand in the Industrial, Process and Contractor segments.
Is It Worth Investing in Graco Inc. (NYSE: GGG) Right Now?
The price-to-earnings ratio for Graco Inc. (NYSE: GGG) is above average at 27.72x, Company’s 36-month beta value is 0.84.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for GGG is 167.41M, and currently, short sellers hold a 0.93% ratio of that floaft. The average trading volume of GGG on May 02, 2024 was 708.71K shares.
GGG’s Market Performance
The stock of Graco Inc. (GGG) has seen a -10.11% decrease in the past week, with a -12.53% drop in the past month, and a -5.84% fall in the past quarter. The volatility ratio for the week is 2.11%, and the volatility levels for the past 30 days are at 1.60% for GGG. The simple moving average for the last 20 days is -9.29% for GGG’s stock, with a simple moving average of -2.76% for the last 200 days.
Analysts’ Opinion of GGG
Many brokerage firms have already submitted their reports for GGG stocks, with Exane BNP Paribas repeating the rating for GGG by listing it as a “Neutral.” The predicted price for GGG in the upcoming period, according to Exane BNP Paribas is $73 based on the research report published on October 05, 2023 of the previous year 2023.
Seaport Research Partners gave a rating of “Buy” to GGG, setting the target price at $82 in the report published on February 02nd of the previous year.
GGG Trading at -11.38% from the 50-Day Moving Average
After a stumble in the market that brought GGG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.25% of loss for the given period.
Volatility was left at 1.60%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -12.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.74% lower at present.
During the last 5 trading sessions, GGG fell by -10.11%, which changed the moving average for the period of 200-days by -8.10% in comparison to the 20-day moving average, which settled at $87.96. In addition, Graco Inc. saw -7.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GGG starting from Rothe Christian E, who sale 10,000 shares at the price of $91.02 back on Mar 29 ’24. After this action, Rothe Christian E now owns 25,583 shares of Graco Inc., valued at $910,190 using the latest closing price.
JOHNSON DALE D, the Chief Comm Development Officer of Graco Inc., sale 63,510 shares at $93.70 during a trade that took place back on Mar 15 ’24, which means that JOHNSON DALE D is holding 159,615 shares at $5,950,595 based on the most recent closing price.
Stock Fundamentals for GGG
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.53 for the gross margin
The net margin for Graco Inc. stands at 0.23. The total capital return value is set at 0.26. Equity return is now at value 23.12, with 18.73 for asset returns.
Based on Graco Inc. (GGG), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 14.46. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 135.8.
Currently, EBITDA for the company is 720.36 million with net debt to EBITDA at -0.82. When we switch over and look at the enterprise to sales, we see a ratio of 6.03. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.11.
Conclusion
In a nutshell, Graco Inc. (GGG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
