For its first fiscal quarter (ending March 31), Graco Inc. (NYSE: GGG) has reported E.P.S. of $0.73 compared to $0.77 a year ago. For the latest four quarters through March 31, E.P.S. were $2.97 compared to $2.90 a year ago.
Recent Price Action
Graco Inc. (NYSE: GGG) stock closed at $89.35 on 4/24/24 after a slight decline of -0.2%. Moreover, trading volume in this decline was above average at 131% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
GGG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Graco has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Graco has a poor Appreciation Score of 19 but a good Power Rating of 84, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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