Graco Inc. (GGG)
Market Cap | 11.77B |
Revenue (ttm) | 2.13B |
Net Income (ttm) | 454.69M |
Shares Out | 168.53M |
EPS (ttm) | 2.62 |
PE Ratio | 26.08 |
Forward PE | 25.51 |
Dividend | $0.84 (1.20%) |
Ex-Dividend Date | Jan 17, 2023 |
Volume | 163,542 |
Open | 68.28 |
Previous Close | 68.32 |
Day's Range | 68.10 - 69.92 |
52-Week Range | 56.48 - 74.83 |
Beta | 0.80 |
Analysts | Buy |
Price Target | 73.59 (+5.38%) |
Earnings Date | Jan 31, 2023 |
About GGG
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint c... [Read more]
Financial Performance
In 2021, Graco's revenue was $1.99 billion, an increase of 20.45% compared to the previous year's $1.65 billion. Earnings were $439.87 million, an increase of 33.11%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for GGG stock is "Buy." The 12-month stock price forecast is $73.59, which is an increase of 5.38% from the latest price.
News

Graco (GGG) Q4 Earnings & Revenues Beat, Increase Y/Y
Graco's (GGG) Q4 results benefit from solid performance in its Industrial and Process segments.

Graco Inc. (GGG) Beats Q4 Earnings and Revenue Estimates
Graco Inc. (GGG) delivered earnings and revenue surprises of 7.35% and 1.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Graco Reports Record Quarter and Annual Sales and Operating Earnings
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 30, 2022.

Should You Buy Graco (GGG) Ahead of Earnings?
Graco (GGG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Graco Inc. (GGG) Reports Next Week: Wall Street Expects Earnings Growth
Graco Inc. (GGG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Graco Inc. (GGG) Beat Estimates Again in Its Next Earnings Report?
Graco Inc. (GGG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Graco Inc. Announces Fourth Quarter 2022 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2022 earnings after the New York Stock Exchange closes on Monday, January 30, 2023. A ful...

4 Stocks to Watch on Dividend Hikes at the Turn of the Year
Lamb Weston Holdings, Inc. (LW), Sandstorm Gold Ltd. (SAND), Graco Inc. (GGG) and The Mosaic Company (MOS) recently hiked dividends.

Graco Publishes Inaugural Environmental, Social and Governance Report
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its inaugural Environmental, Social and Governance (ESG) report. The report di...

Reasons to Retain Graco (GGG) Stock in Your Portfolio Now
A strong customer base and product investment coupled with a solid backlog level make Graco (GGG) stock worth holding on to. The company's measures to reward its shareholders are also encouraging.

Graco Launches QUANTM Pump
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a leading manufacturer of fluid handling equipment, announces the release of the Company's next generation electric-operated double diaphragm pu...

Graco Names Laura L. Evanson Executive Vice President, Marketing
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that Laura L. Evanson has been appointed to the newly created role of Executi...

Graco Names Claudio Merengo an Executive Officer
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that Claudio Merengo, President, Worldwide Gema, has been appointed an execut...

5 Stocks to Watch on Their Recent Dividend Hike
Dividend-paying stocks should be in demand as investors will try to safeguard their portfolio. Five such stocks are: GGG, AES, CO, VAC and LZB.

Graco Inc. Appoints Archie C. Black to the Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Company's Board of Directors, effective February 20, 2023.

CORRECTING and REPLACING Graco Increases Quarterly Dividend 11.9 Percent
MINNEAPOLIS--(BUSINESS WIRE)--First paragraph, second sentence of release should read: The Company has approximately 167.6 million shares outstanding (instead of The Company has approximately 170.2 ...

Graco Increases Quarterly Dividend 11.9 Percent
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 23.5 cents ($0.235) per common share, an increase of 11.9 percent, payable ...

Why Is Graco Inc. (GGG) Up 4.6% Since Last Earnings Report?
Graco Inc. (GGG) reported earnings 30 days ago. What's next for the stock?

Here's Why Investors Should Retain Graco (GGG) Stock for Now
Graco (GGG) is benefiting from strength across its end markets, including general industrial, automotive and others. Its shareholder-friendly actions are also a boon.

Graco (GGG) Shares Increase 6.9% Since Q3 Earnings Release
Graco's (GGG) Q3 performance benefits from solid performance across all segments owing to volume growth and effective pricing.

Graco Inc. (GGG) Surpasses Q3 Earnings and Revenue Estimates
Graco Inc. (GGG) delivered earnings and revenue surprises of 1.54% and 4.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Graco Reports Record Third Quarter Results
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the third quarter ended September 30, 2022.

Graco Inc. (GGG) Earnings Expected to Grow: Should You Buy?
Graco Inc. (GGG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Graco Inc. Announces Third Quarter 2022 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Third Quarter 2022 earnings after the New York Stock Exchange closes on Wednesday, October 26, 2022. A ful...

Graco (GGG) Uncovers Facility in Dayton for Business Growth
Graco's (GGG) new facility in Dayton, MN, accommodates both office and factory space. GGG is funding solar-energy projects with this new hub partnering Impact Power Solutions.