Graco Inc. (GGG)
NYSE: GGG · IEX Real-Time Price · USD
81.96
-0.71 (-0.86%)
At close: Jul 19, 2024, 4:00 PM
81.77
-0.19 (-0.23%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Graco Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Graco stock have an average target of 96.67, with a low estimate of 87 and a high estimate of 103. The average target predicts an increase of 17.95% from the current stock price of 81.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Graco stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $103 | Buy | Reiterates | $103 | +25.67% | Jun 27, 2024 |
| Baird | Baird | Hold Maintains $90 → $87 | Hold | Maintains | $90 → $87 | +6.15% | Apr 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $91 → $93 | Buy | Maintains | $91 → $93 | +13.47% | Jan 31, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $90 → $100 | Strong Buy | Maintains | $90 → $100 | +22.01% | Jan 11, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $94 → $91 | Buy | Maintains | $94 → $91 | +11.03% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
2.23B
from 2.20B
Increased by 1.70%
Revenue Next Year
2.34B
from 2.23B
Increased by 4.75%
EPS This Year
3.11
from 2.94
Increased by 5.65%
EPS Next Year
3.31
from 3.11
Increased by 6.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4B | 2.5B | 2.7B | 3.1B | 3.5B |
| Avg | 2.2B | 2.3B | 2.5B | 3.0B | 3.4B |
| Low | 2.1B | 2.2B | 2.3B | 2.9B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.2% | 10.4% | 15.7% | 24.1% | 19.6% |
| Avg | 1.7% | 4.7% | 5.9% | 19.4% | 15.0% |
| Low | -4.0% | -1.3% | -1.4% | 15.8% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.50 | 3.69 | 3.96 | 4.33 | 4.88 |
| Avg | 3.11 | 3.31 | 3.61 | 4.16 | 4.70 |
| Low | 2.91 | 3.11 | 3.34 | 4.04 | 4.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.9% | 18.7% | 19.5% | 19.8% | 17.3% |
| Avg | 5.7% | 6.6% | 9.1% | 15.2% | 12.9% |
| Low | -1.1% | 0.0% | 0.8% | 11.8% | 9.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.