Graco Inc. (GGG)
NYSE: GGG · IEX Real-Time Price · USD
93.46
-0.71 (-0.75%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Graco Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Graco stock have an average target of 87.6, with a low estimate of 75 and a high estimate of 100. The average target predicts a decrease of -6.27% from the current stock price of 93.46.

Analyst Consensus: Buy
Target Low Average Median High
Price $75 $87.6 $87 $100
Change -19.75% -6.27% -6.91% +7.00%
* Price targets were last updated on Jan 31, 2024.

Analyst Ratings

The average analyst rating for Graco stock from 5 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111221
Buy 111111
Hold 333333
Sell 000000
Strong Sell 000000
Total 555665

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$91$93
Buy Maintains $91$93 -0.49% Jan 31, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$90$100
Strong Buy Maintains $90$100 +7.00% Jan 11, 2024
RBC Capital
RBC Capital
Buy
Maintains
$94$91
Buy Maintains $94$91 -2.63% Jul 28, 2023
Goldman Sachs
Goldman Sachs
Hold
Maintains
$79$87
Hold Maintains $79$87 -6.91% Jul 10, 2023
RBC Capital
RBC Capital
Buy
Maintains
$82$89
Buy Maintains $82$89 -4.77% Apr 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.28B
from 2.20B
Increased by 3.80%
Revenue Next Year
2.39B
from 2.28B
Increased by 4.74%
EPS This Year
3.19
from 2.94
Increased by 8.48%
EPS Next Year
3.40
from 3.19
Increased by 6.73%
Year 201920202021202220232024202520262027
Revenue
1.65B1.65B1.99B2.14B2.20B2.28B2.39B2.55B3.23B
Revenue Growth
-0.44%0.25%20.45%7.84%2.43%3.80%4.74%6.79%26.72%
EPS
2.001.922.522.662.943.193.403.704.32
EPS Growth
1.52%-4.00%31.25%5.56%10.53%8.48%6.73%8.67%16.86%
No. Analysts -----131362
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.4B 2.5B 2.8B 3.4B
Avg 2.3B 2.4B 2.5B 3.2B
Low 2.2B 2.3B 2.4B 3.1B

Revenue Growth

Revenue Growth 2024202520262027
High
8.7%
10.5%
15.5%
31.7%
Avg
3.8%
4.7%
6.8%
26.7%
Low
-0.4%
0.4%
1.0%
23.0%

EPS Forecast

EPS 2024202520262027
High 3.52 3.79 4.06 4.49
Avg 3.19 3.40 3.70 4.32
Low 3.00 3.21 3.44 4.19

EPS Growth

EPS Growth 2024202520262027
High
19.6%
18.9%
19.4%
21.5%
Avg
8.5%
6.7%
8.7%
16.9%
Low
2.0%
0.8%
1.1%
13.4%
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.