Graco Inc. (GGG)

Graco Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Graco stock have an average target of 89.25, with a low estimate of 79 and a high estimate of 100. The average target predicts an increase of 8.16% from the current stock price of 82.52.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$79	$89.25	$93	$100
Change	-4.27%	+8.16%	+12.70%	+21.18%

Analyst Ratings

The average analyst rating for Graco stock from 4 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	3	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Deane Dray RBC Capital	RBC Capital	Buy Maintains $96 → $93	Buy	Maintains	$96 → $93	+12.70%	Oct 25, 2024
Michael Halloran Baird	Baird	Hold Maintains $88 → $85	Hold	Maintains	$88 → $85	+3.01%	Oct 25, 2024
Matt Summerville DA Davidson	DA Davidson	Hold Maintains $79	Hold	Maintains	$79	-4.27%	Sep 30, 2024
Matt Summerville DA Davidson	DA Davidson	Hold Maintains $79	Hold	Maintains	$79	-4.27%	Sep 27, 2024
Matt Summerville DA Davidson	DA Davidson	Hold Maintains $82 → $79	Hold	Maintains	$82 → $79	-4.27%	Jul 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.14B

Decreased by -2.53%

from 2.20B

Revenue Next Year

2.23B

Increased by 4.39%

from 2.14B

EPS This Year

2.94

Increased by 0.04%

from 2.94

EPS Next Year

3.11

Increased by 5.65%

from 2.94

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 27, 2019	Dec 25, 2020	Dec 31, 2021	Dec 30, 2022	Dec 29, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.65B	1.65B	1.99B	2.14B	2.20B	2.14B	2.23B	2.38B
Revenue Growth	-0.44%	0.25%	20.45%	7.84%	2.43%	-2.53%	4.39%	6.36%
EPS	2.00	1.92	2.52	2.66	2.94	2.94	3.11	3.41
EPS Growth	1.52%	-4.00%	31.25%	5.56%	10.53%	0.04%	5.65%	9.72%
Forward PE	-	-	-	-	-	28.06	26.56	24.20
No. Analysts	-	-	-	-	-	13	13	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.2B	2.4B	2.6B
Avg	2.1B	2.2B	2.4B
Low	2.1B	2.1B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	2.1%	13.4%	17.7%
Avg	-2.5%	4.4%	6.4%
Low	-6.2%	-1.8%	0.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.21	3.41	3.75
Avg	2.94	3.11	3.41
Low	2.78	2.89	3.19

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	9.3%	16.0%	20.6%
Avg	0.0%	5.7%	9.7%
Low	-5.3%	-1.7%	2.8%

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.